IREDA Reports Net NPA Reduction, Profit Jump In Q1 Fy24 Updated On Wed, Aug 16th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has reported an all-time high Quarterly Profit After Tax (PAT) of Rs. 295 crores and Profit Before Tax (PBT) of Rs. 440 crores in the 1st Quarter […] Read more
Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030 Updated On Mon, Aug 14th, 2023 by Saurenergy The Confederation of Indian Industries (CII) has released a report entitled ‘Raw Materials for Battery & Component Manufacturing’. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well […] Read more
India Added 2 GW Of Wind Energy In First 7 Months Of 2023 Updated On Mon, Aug 14th, 2023 by Saurenergy An analysis of India’s monthly installed capacity data for the last two years, released by the Central Electricity Authority (CEA), revealed that wind energy continues to see upward growth. Its growth is quite evident in the first seven months of 2023 compared to its performance during the same period in 2022. On the other hand, […] Read more
AmpIn Energy Joins Hands with JCAPCPL for 2.8 MWp Solar Project Updated On Mon, Aug 14th, 2023 by Saurenergy AmpIn Energy Transition, a renewable energy IPP and energy transition platform has entered into a 25-year Power Purchase Agreement (PPA) with JCAPCPL (a JV between Tata Steel & Nippon Steel) to supply 2.8 MWp of solar energy for its plant in Jamshedpur. Ujjal Chakraborti, Managing Director of JCAPCPL, and Pinaki Bhattacharyya, Managing Director and CEO […] Read more
Detail Design engineer Updated On Fri, Aug 11th, 2023 by Saurenergy Project Engineering focuses on designing, communicating, and implementing an operational plan for completing an engineering-based project including: Preparing designs, project controls and specifications, schedules, cost estimates, production, transportation, installation, testing and/or commissioning of new infrastructure, facilities, equipment, etc. Monitoring progress and performance against the project plan; taking action to resolve operational problems and minimize delays. […] Read more
KORE Power Chosen by Energy Vault for US Battery Production from 2025 Onward Updated On Fri, Aug 11th, 2023 by Saurenergy Swiss energy storage firm, Energy Vault, has chosen KORE Power, a company based in Coeur d’Alene, Idaho, to supply batteries produced domestically. The anticipated launch of Phase 1 at the KOREPlex facility in Arizona is set for 2025. A Master Supply Agreement was announced earlier this week, outlining an initial delivery capacity of 1.3 GWh […] Read more
Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
Solar Energy to Light Up Bundelkhand Expressway in Uttar Pradesh Updated On Fri, Aug 11th, 2023 by Saurenergy Uttar Pradesh is set to welcome its first solar expressway. The 296-kilometer-long Bundelkhand Expressway will be the first solar expressway that will see the installation of solar panels on both sides of its stretch. The project announced comes as part of the state government’s Solar Energy Policy 2022. The policy strives for 22,000 MW of […] Read more
Green Energy Open Access: KERC Includes Centre’s Amended Norms Updated On Thu, Aug 10th, 2023 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC), in its latest order, included the amendment norms of the Union government on Green Energy Open Access in its state Green Energy Open Access rules to extend the benefits of the same in the southern Indian state. Karnataka issued the Green Energy Open Access in 2022. The same year the […] Read more
