5 Upcoming Trends that will dominate the power sector in the new fiscal Updated On Mon, Apr 25th, 2022 by Saurenergy The world faced numerous challenges in the last fiscal due to pandemic and consequent lockdown. Almost every sector felt the heat but they also indicated the signs of recovery; they are on the path of continuous rise. The new financial year stimulates hopes and aspirations across the sectors to reach the expected targets. The power […] Read more
Sungrow 2021 Results Deliver Strong Growth, Claims 30% Market Share Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Inverter and energy storage solution provider major Sungrow has released its annual report 2021, reporting a strong revenue increase and growth across both its renewable and storage businesses. Financials in 2021 The revenue increased by 25.15% to $3.74 billion (2020: $2.956 billion). The net income attributable to shareholders of a listed company came to […] Read more
Chandigarh jail goes green with 350 kWp rooftop solar plant Updated On Mon, Apr 25th, 2022 by Saurenergy To commemorate World Earth Day, the current year’s theme being “Invest in our Planet”, another green energy initiative has been undertaken by the department of science and technology and renewable energy, Chandigarh. A 350 kWp Rooftop SPV Power Plant at Model Jail Complex, Sector 51, Chandigarh was inaugurated by UT adviser Dharam Pal in the […] Read more
Sustainable funds see Rs 315 cr outflow in FY21-22 Updated On Mon, Apr 25th, 2022 by Saurenergy Investors are yet to warm up to the concept of sustainable investing with sustainable or ESG (environmental, social, and governance) funds in India witnessing outflows of Rs 315 crore in 2021-22. This comes following a staggering inflow of Rs 4,884 crore in FY 2020-21. Prior to that, sustainable funds saw an infusion of over Rs […] Read more
Torrent Power Secures 50 MW Solar Power Plant from SkyPower Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […] Read more
Power Minister Calls for International Credit Guarantee and RE Bank for RE Development Updated On Mon, Apr 25th, 2022 by Saurenergy While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […] Read more
APTEL Overturns BERC Order In 5 MW RE Project, Restores tariff Of Rs 10.90/kWh Updated On Fri, Apr 22nd, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has recently overturned Bihar Electricity Regulatory Commission’s (BERC) order that rejected a renewable project developer’s plea for extension of the Commercial Operation Date (COD) due to delays created by the procurer. In March 2013, Avantika Contractors India Limited (the project developer) entered into a Power Purchase Agreement (PPA) with Bihar […] Read more
Solar panels on Tamil Nadu’s govt office rooftops to produce 10 MW power Updated On Fri, Apr 22nd, 2022 by Saurenergy The Tamil Nadu Energy Development Authority (TNEDA) will install solar panels on rooftops of government office buildings in a bid to generate 10 MW of power, as per recent media reports. The estimated cost of the project is 50 crore and the tender process will be finalised by the end of May. According to TNEDA […] Read more
Solar power systems installed in Shimla helped save ₹1.85 cr: HP min Updated On Fri, Apr 22nd, 2022 by Saurenergy Himachal Pradesh urban development minister Suresh Bhardwaj said on Thursday that solar power systems installed in 66 government buildings in Shimla had saved electricity worth Rs 1.85 crore. He said the Smart City mission had given the state a successful model of solar energy. In a press statement issued in Shimla, the minister mentioned, “First, the […] Read more
