AGL & Wärtsilä to Build 250MW Grid-scale BESS in South Australia Updated On Mon, Aug 9th, 2021 by Saurenergy Australian integrated energy company, AGL Energy Ltd. will build a 250 MW grid-scale battery energy storage system at Torrens Islands in South Australia. The firm has announced an investment of $180 million to construct its first grid-scale BESS project and the second biggest in Australia. AGL has appointed Finnish technology major in marine and energy […] Read more
IPO Time For India Solar Equipment Manufacturers In 2021 Updated On Mon, Aug 9th, 2021 by Saurenergy After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […] Read more
CERC Rules With NTPC in Dispute Involving Solar Firm at Bhadla Updated On Mon, Aug 9th, 2021 by Saurenergy In a petition filed by Solaire Surya Urja Private Limited, the Central Electricity Regulatory Commission (CERC) has ruled in favour of NTPC. At issue was a plea to condone delays in the commissioning of these (70×2) 140 MW solar projects or which NTPC had enforced liquidated damages of over Rs 7 crores. Filed under Section […] Read more
Tata Power Q1 Results Strong, Key Highlights Updated On Mon, Aug 9th, 2021 by Saurenergy Tata Power announced its Q1 results on Friday. Consolidated net profit jumped nearly 74 per cent to ₹ 465.69 crore in the June 2021 quarter, as compared to ₹ 268.10 crore in the corresponding quarter of the last financial year. Total income during April-June 2021 increased to ₹10,145.89 crore, compared with ₹ 6,540.42 crore in […] Read more
SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020 Updated On Mon, Aug 9th, 2021 by Saurenergy ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […] Read more
Finance Controller Updated On Sat, Aug 7th, 2021 by Saurenergy 1. Financial Closing of Books of Accounts and Audit there of:- Compliance of Indian Accounting Standard and GAAP. Timely closure of Accounts as per schedule. Resolution of issues with Statutory Auditors and ensure no adverse remarks in Audit Report etc. 2. Accounts Receivable Management & payable management:- Ensuring no revenue leakage with proper monitoring and […] Read more
RE Benefits: Leveraging Local Capacity for Solar Water Heaters Updated On Fri, Aug 6th, 2021 by Saurenergy This report from IRENA aims to expand policy makers’ understanding of the steps needed to develop a local market for solar water heaters, and the existing capabilities that can be leveraged to do so. This report highlights opportunities to create local value by setting up a domestic industry around solar water heater. Heating and cooling […] Read more
Solar PV inverters To Continue Under Self Certification Regime till Dec 31, 2021 Updated On Fri, Aug 6th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a notification allowing self certification of Solar Photovoltaic Inverters (SPV) from June 30, 2021, to December 31, 2021. The notification was issued on August 4. The notification does add the condition that the manufacturers doing so must have valid International Electrotechnical Commission certificates and test […] Read more
Hyundai Partners with UL for Safe Deployment of Second Life BESS Updated On Fri, Aug 6th, 2021 by Saurenergy The South Korean multinational automotive manufacturer, Hyundai Motor Company has partnered with the global safety science leader, UL for the safe deployment and use of second-life battery energy storage systems (SLBESS). A Memorandum of Understanding (MoU), signed during a ceremony at UL’s offices in Seoul, South Korea on July 23, formalized the relationship between the […] Read more
