SUBSCRIBE NEWS LETTER

Electricity Market

5 Solar Energy Myths That Need To Be Buried For Good

Despite the many benefits that solar energy offers, it continues to be shrouded in myth. However, in the recent past, particularly the last five years, solar has overcome challenges, and many myths, like few heralded energy sources before it. Saur Energy deflates the most common myths around solar. We hope these have not kept you […]

Read more

Kerala to Welcome Special Zone for Electric Vehicle Industry

Kerala will soon welcome a special zone for the electric vehicle (EV) industry. The announcement was made by Industries Minister for the state, P Rajeeve. It is being held that the special zone will host battery production, technology development and other areas that delve into the EV sector. The minister further stated that the government […]

Read more

Gautam Solar Contracts Jinchen to Double Solar Module Capacity to 1 GWp

Solar panel manufacturer, Gautam Solar, has collaborated with Chinese high tech enterprise Jinchen with the objective of increasing its production of solar modules. An agreement has been signed at the 16th International Conference and Exhibition on Photovoltaic Power Generation and Smart Energy (SNEC) that is being held in Shanghai, China. Under the terms of the […]

Read more

IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023

The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […]

Read more

RWE Is Now Sole Owner Of 1.6-GW Nordseecluster Offshore Wind Project

RWE has said that it has strengthened its position in the German offshore wind market as it has become the sole owner of 1.6-GW cluster of offshore wind farms in the German North Sea. The Nordseecluster, consisting of four sites located north of the island of Juist, was formerly co-developed with Canadian company Northland Power, […]

Read more

Tata Power to Procure Short-Term Power at Rs 7.60/unit in Maharashtra 

The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed the Tata Power Company Limited-Distribution (TPC-D), a power distribution company, to procure short-term power in Maharashtra at a weighted average of Rs 7.60 per unit. The price was discovered through competitive bidding, which the discom floated for short-term power procurement from April 2023 to June […]

Read more

IEX Dividend At Rs 1 per Share; Net Profit At Rs 88 Cr

Trading platform for physical delivery of electricity, renewable power, renewable energy certificates, and energy saving certificates, Indian Energy Exchange (IEX) has announced its financial results for the fourth quarter (Q4) and the year ended March 31, 2023 (FY23). During Q4 FY’23, IEX achieved an overall volume of 26 Billion Units (BUs), registering a 7.9% QoQ growth. In […]

Read more

Suzlon Continues Order-Winning Spree with 300 MW Wind Project for Torrent Power

Renewable energy solutions provider, Suzlon Group, has bagged a fresh order from Torrent Power Limited for its new 3 MW series of wind turbines. The firm will look after the development of a 300 MW wind power project. Suzlon will install 100 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a […]

Read more

Badeel, ACWA Power To Invest Over $3 billion For 4.5 GW Solar Projects In Saudi Arabia

Providing thrust to the new wave of solar power development in Saudi Arabia, the Water and Electricity Holding Company (Badeel) and ACWA Power have signed Power Purchase Agreements (PPAs) with the Saudi Power Procurement Company (SPPC) for the development and operation of three major new solar IPP projects. Badeel is fully owned by the Public […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll