2.8 GW Versus 9.3 GW- EMBER Report Points to Huge Gap In Wind Additions In India Updated On Fri, Aug 9th, 2024 by Saurenergy The winds of change are blowing across India’s energy landscape. Over the past three years, annual wind installations have surged, but there’s a catch: the 2023 figures were a whopping 51% higher than in 2022, the latest report from EMBER said. It also said that despite this growth, the current build rate of 2.8 GW […] Read more
10 Rules To Remember For Peer-To-Peer Solar Trading In Karnataka Updated On Thu, Aug 8th, 2024 by Saurenergy Months after releasing the draft regulations to regulate the peer-to-peer solar energy transactions in Karnataka, the Karnataka Electricity Regulatory Commission (KERC) has approved the final regulation. The new KERC (Implementation of Peer-to-Peer Solar Energy Transaction) Regulations, 2024 is now all set to come into force with its notification in the official gazette. The new regulations […] Read more
Q1 Results: Tata Power Sees 31% Growth In Net Profits Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis. The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […] Read more
Adani Energy Solutions Raises Rs 8,373 Crore From QIP Route Updated On Tue, Aug 6th, 2024 by Saurenergy Gujarat-based Adani Energy Solutions Limited (AESL), recently completed its Rs 8,373 crores (USD 1 billion) Qualified Institutional Placement (QIP). This QIP marks AESL’s first equity raise in the capital market since its demerger and listing from Adani Enterprises Limited (AEL) in July 2015. Adani Energy has a base deal size of Rs. 5,861 crore (USD […] Read more
Soltec, Fraunhofer ISE Build New Prototype For Concentrating PV Updated On Thu, Aug 1st, 2024 by Saurenergy Soltec, a vertically integrated solutions provider in the photovoltaic solar energy sector, specializing in the manufacturing of solar trackers for large-scale projects, has partnered with the Fraunhofer Institute for Solar Energy Systems ISE to develop a new prototype consisting of a two-axis tracker for concentrating photovoltaic applications. This project, led by Fraunhofer ISE, aims to […] Read more
SPECIAL REPORT: UP’s Time To Shine In Solar Updated On Thu, Aug 1st, 2024 by Saurenergy At a recent Solar Trailblazers event in Lucknow in July, organised by Saur Energy, Uttar Pradesh Deputy Chief Minister Brajesh Pathak told a hall-packed audience that this is the ‘best time’ in India to go for solar. He was referring to the higher subsidies given to the rooftop solar consumers under the ambitious PM Surya […] Read more
Bright Future for Offshore Wind Power, But High Rewards Come with High Risks Updated On Thu, Aug 1st, 2024 by Saurenergy Fossil fuels are a major contributor to global warming, prompting nations to seek alternative energy sources. As traditional energy sources like coal, oil, and gas are phased out, the world is looking to alternative energy sources to fill the gap. Wind power, in particular, is expected to take off. According to the International Renewable Energy […] Read more
UK Raises RE Auction Funds, Offshore Wind Gets Largest Gain Updated On Wed, Jul 31st, 2024 by Saurenergy The United Kingdon (UK) government recently allocated a budget of over 1.5 billion pounds to deliver homegrown clean energy projects and boost the UK’s energy security Energy Secretary unveils this large budget to deliver new homegrown clean energy projects in the UK. The budget seeks to boost energy security, secure cheap power for families, and […] Read more
Spain Moves To Build Solar Supply Chain, Energy Storage Manufacturing Updated On Wed, Jul 31st, 2024 by Saurenergy Spain, one of the most well placed countries in Europe for Solar power, crossed the 25 GW mark for installed solar capacity in 2023. Now, the Spanish government is moving to ensure a significant part of future additions come from domestically produced panels, besides the next big growth area, energy storage as well. The energy […] Read more
