ABB Celebrates 10 GW Automation Milestone For RE Projects In India Updated On Wed, Aug 21st, 2024 by Saurenergy ABB India has surpassed a 10-gigawatt (GW) milestone in delivering its automation solution for renewable energy plants in India. Starting with a 100-MW project about seven years ago, ABB has strengthened its footprint in the renewable energy industry with this milestone, which is a result of over 300 renewable energy projects across India utilizing ABB’s […] Read more
PM Surya Ghar: Technical Glitches Affecting Final Approvals By Discoms Updated On Wed, Aug 21st, 2024 by Saurenergy Technical glitches in the PM Surya Ghar portal continue to frustrate stakeholders across the rooftop solar industry. While initial issues related to consumer applications and document uploads by both consumers and vendors have seen some improvement, discoms (distribution companies) are still grappling with several persistent glitches that disrupt the entire process. Many rooftop solar consumers […] Read more
Albanese Govt Approves Australia’s New Industrial Solar Project Updated On Wed, Aug 21st, 2024 by Saurenergy The Albanese Government recently gave its environmental approval to build Australia’s new industrial solar power project in the Northern Territory. SunCable’s Australia-Asia Power Link is expected to be one of the big solar farms in Australia. This project is expected to generate up to 6GW of renewable energy, including 4GW which is to be used […] Read more
Ciel & Terre India Completes 4.096 MWp Floating Solar Installation For Amplus Updated On Tue, Aug 20th, 2024 by Saurenergy Ciel et Terre India has delivered an innovative floating solar plant to Amplus KN One Power. Project Overview The Amplus KN One Power project is located within the premises of UltraTech Cement Limited (UTCL) at UTCL Awarpur in Maharashtra. Completed within 4 months, the project has used some innovative approaches to overcome the many challenges it […] Read more
Ruloans, UGRO Capital Foray Into Rooftop Solar Financing Biz Updated On Tue, Aug 20th, 2024 by Saurenergy Ruloans, a credit distribution company in India, entered into a partnership with UGRO Capital, a DataTech MSME-lending platform, to tap into the growing renewable energy finance market. Ruloans is a direct sales agent (DSA) for all financial services, including loans, credit cards, and insurance. It recently added rooftop solar finance products into its loan portfolio […] Read more
Inox Wind To Scale Up Executions With A New ‘Net Cash Positive’ Tag Updated On Tue, Aug 20th, 2024 by Saurenergy Bolstered by a recent infusion of Rs 900 crores from its parent company, Inox Wind Energy Limited (IWEL), Inox Wind, an Indian wind energy company, is now poised to accelerate its execution pace. The company’s top management recently discussed the increase in its order book. In the latest investors’ call, Devansh Jain, Executive Director of […] Read more
A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER Updated On Tue, Aug 20th, 2024 by Saurenergy A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […] Read more
Corrit EV Pins Hopes On Its Fast Delivery E-Scooter ‘Transit’ Updated On Mon, Aug 19th, 2024 by Saurenergy How did Corrit EV start its journey in the two-wheeler segment? We started the company in 2019. I joined the renewable energy industry in 2015. But as soon as we started COVID hit the country. Although this halted our plans but also gave us time to make right strategies for work on the engineering. During […] Read more
Q1 Results: ReNew Sees 86% Decline In Net Profits Updated On Fri, Aug 16th, 2024 by Saurenergy Renewable energy company ReNew today announced the financial results (unaudited) of first quarter of financial year 2024-25. The NASDAQ-listed company said that it has seen a surge in its operating capacity by around 24 percent Year on year. ReNew’s clean energy contracted portfolio was ~15.6 GW as of Aug 15, 2024. The company said that […] Read more
