IREDA Reports Net NPA Reduction, Profit Jump In Q1 Fy24 Updated On Wed, Aug 16th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has reported an all-time high Quarterly Profit After Tax (PAT) of Rs. 295 crores and Profit Before Tax (PBT) of Rs. 440 crores in the 1st Quarter […] Read more
Solar Aided In Electrification of 4.1 L Households Under ‘Saubhagya’: Govt Updated On Mon, Aug 14th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh, in his recent reply before the Lok Sabha, said that around 1.64 percent (4.1 lakh) of the rural and urban household-level electrification works undertaken under the Saubhagya scheme was done with the help of solar energy. “As reported by the States/UTs, a total of 2.86 crore […] Read more
Maharashtra Plans To Use Solar For 50% of Its Agri Power Demand Updated On Mon, Aug 14th, 2023 by Saurenergy The Maharashtra government is now planning to use solar energy to cater to 50 percent of the power demand of its agricultural sector in the state. The Maharashtra State Electricity Distribution Company Ltd (MSEDCL), in its latest petition before the Maharashtra Electricity Regulatory Commission (MERC), disclosed this plan. MSEDCL has planned to procure 7,000 MW of solar […] Read more
SECI Issues RFS for 1300 MW Wind Power Projects Updated On Mon, Aug 14th, 2023 by Saurenergy SECI has issued an RfS for 1300 MW ISTS-connected Wind Power Projects (SECI-Tranche-XV). The tender has been issued under the standard bidding guidelines. The total capacity of 1300 MW will be awarded for injection at ISTS substations in the 3 (three) states, viz., Tamil Nadu, Telangana and Madhya Pradesh. The maximum capacities to be awarded […] Read more
Application Engineer – Power Quality Solutions Updated On Fri, Aug 11th, 2023 by Saurenergy As Application Engineer – Hydrogen Segment – Power Quality, will be part of Hitachi Energy business based in the Bengaluru / Faridabad. As the Application Engineer – Power Quality applications, you will be responsible for securing orders for Power Quality/FACTS solutions within the region in line with targets and planned strategy. You will be responsible […] Read more
ACEN Inks RECAU Agreement with Laguna Lake Development Authority in Philippines Updated On Fri, Aug 11th, 2023 by Saurenergy Makati-based ACEN, through its subsidiary companies, entered into a significant Renewable Energy Contract Area Utilization (RECAU) agreement with the Laguna Lake Development Authority (LLDA) in the Philippines. The purpose of this agreement is to secure the lease of 800 hectares of Renewable Energy Areas (REAs) located in Laguna. This pivotal arrangement signifies ACEN’s commitment to […] Read more
SECI Projects Account For 18% of India’s Solar Capacity: Govt Updated On Fri, Aug 11th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed that 18.3 percent of India’s total solar energy capacity was contributed by the Solar Energy Corporation of India (SECI). The information was given by the Union New and Renewable Energy Minister RK Singh in his written reply before the Lok Sabha. The minister said that in […] Read more
First Solar Continues US Footprint with Announcement of New Factory in Louisiana Updated On Fri, Aug 11th, 2023 by Saurenergy Solar solutions provider First Solar will be setting up is fifth thin-film solar module factory in the Acadiana Regional Airport in Iberia Parish, Louisiana in the USA. The unit will see an investment worth $1.1bn and aid America with capacity expansion for the production of photovoltaic solar modules domestically. The said investment will chalk out […] Read more
Masen Initiates Prequalification Tender for Third Phase of Solar Power Project in Atlas Mountains Updated On Fri, Aug 11th, 2023 by Saurenergy Morocco’s renewable energy agency, Masen, has kickstarted a prequalification tender for the third phase of a solar power venture. The project is situated in the Atlas mountains. Developers are required to submit prequalification documents by October 20th, with the objective of financing, constructing, and operating the 400 megawatt (MW) Noor Midelt III project utilizing photovoltaic […] Read more
