Primed For Growth, Cosmic PV Power Rides India’s Solar Manufacturing Boom Updated On Mon, Apr 17th, 2023 by Saurenergy Tell us about the current capacity of Cosmic PV Power. Cosmic PV Power Pvt. Ltd. was established in 2020, with a view to manufacture solar modules. The firm has developed engineering capabilities in producing high-efficiency PV modules in line with the Make in India objective. After the successful completion of the existing 250 MW manufacturing […] Read more
MBH Power Wins 6 MW Solar Plant Project Issued by Kerala State Electricity Board Updated On Mon, Apr 17th, 2023 by Saurenergy Kerala State Electricity Board had issued a tender looking for an EPC contractor for 6 MW solar plant at Moongil mada Palakkad under feeder level solarisation of PM KUSUM Scheme (Component C) and its O&M for the first five years. The KSEB 6 MW solar project has been bagged by Gujarat-based energy solutions provider MBH […] Read more
Powerica Ltd Entitled To Compensation Due To Rise of GST Rates Post-Contract, Rules CERC Updated On Tue, Apr 11th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest Order, while hearing a petition filed by Powerica Limited, has ruled that the change of Goods and Service Tax (GST) rates after receiving a contract was a deemed case of ‘change of law.’ Accordingly, the regulatory body also ordered compensation to the wind energy company on […] Read more
CEEW Study Flags Concentration Of Clean Energy Manufacturing As Global Risk Updated On Tue, Apr 4th, 2023 by Saurenergy Two studies conducted by the researchers at the Council on Energy, Environment and Water (CEEW) have batted for an interrupted and affordable supply of critical clean energy technologies across the globe. The report said this was needed for achieving the Sustainable Development Goals (SDGs) and for a risk-free energy transition towards renewable energy. The Indian […] Read more
Canada Joins The Race To Offer Clean Energy Manufacturing Incentives Updated On Fri, Mar 31st, 2023 by Saurenergy After the US and it’s Inflation Reduction Act, The European subsidies for local manufacturing and India’s very own Production Linked Incentives (PLI) scheme it is now apparently the turn of Canada to get on to the local manufacturing bandwagon. The federal government led by Justin Trudeau has announced plans to introduce tax credit incentives and […] Read more
“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn Updated On Wed, Mar 29th, 2023 by Saurenergy A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […] Read more
Suvic Oy Signs EPC Contract with CPC Finland Oy to Build Largest Finnish Solar Farm Updated On Tue, Mar 21st, 2023 by Saurenergy Energy solutions conglomerate Suvic Oy has announced that it has signed an EPC contract with CPC Finland Oy for the construction of Lakari Solar Park in Finland. The solar park has a maximum output capacity of 32 MW. CPC Finland Oy is the fully owned subsidiary of the Germany-based CPC Germania, which is a project […] Read more
RGO For Coal Plants. Will It Have A Significant Impact On Renewable Capacities? Updated On Mon, Mar 6th, 2023 by Saurenergy The Ministry of Power, has finally notified the Renewable Generation Obligations (RGO)for Coal and lignite based plants. These new conditions are expected to mitigate the impact of additional thermal capacities India still plans, to support demand growth for electricity across the country. As the notice says, any plant starting operations after April 1, 2023, will […] Read more
