Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023 Updated On Sun, Feb 5th, 2023 by Saurenergy Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […] Read more
Trina Storage To Deliver More Than 100MWh BESS In United Kingdom Updated On Fri, Feb 3rd, 2023 by Saurenergy The Germany based subsidiary of Trina Storage has announced the contract closure for another two Battery Energy Storage System (BESS) projects in the United Kingdom shortly after the signing of the 50MW/102 MWh Swangate project last month. These two new deals – 25MW/58MWh and 50MW/58MWh – will also be utilizing Elementa which is vertically integrated […] Read more
Budgetary Allocation for Solar Sees Upward Thrust, But Wind Slumps Updated On Thu, Feb 2nd, 2023 by Saurenergy Finance Minister Nirmala Sitharaman has placed eminence on green growth in Budget 2023-24. Consequently, a slew of announcements and schemes have been announced. Off-grid and grid-connecting solar projects as well as PM-KUSUM has also see a major increase in budgetary allocation. An outlay of Rs 7327 crore has been approved towards the scheme for both […] Read more
Greek Firm OET Seeks to Mass Produce Flexible Multicolour Solar Panels Updated On Thu, Feb 2nd, 2023 by Saurenergy As the world is honking towards the renewable sources of energy – primarily targeting the solar irradiance to generate electricity – a new player is mulling to bring out flexible solar panels that would further enhance the expansion of solar power world over. In a key development, Greek start-up Organic Electronic Technologies (OET) has said […] Read more
STT GDC India Sources RE From O2 Power For Its Bengaluru Datacenters Updated On Wed, Feb 1st, 2023 by Saurenergy ST Telemedia Global Data Centres India (STT GDC India) will be purchasing renewable energy from O2 Energy to power its Bengaluru facility in Karnataka. STT GDC India has announced a partnership with O2 Renewable Energy (IV) Private Limited, a subsidiary of O2 Energy where the RE purchase will be made under captive structure. Sumit Mukhija, […] Read more
Economic Survey 2022-23: India a Hotspot for Investment in Renewables & Other Observations Updated On Wed, Feb 1st, 2023 by Saurenergy The Economic Survey 2022-2023 has made some important observations about the trajectory of renewable energy sector and transition to clean energy sources. Here are some key observations- Inching towards installed capacity from clean sources The Economic Survey notes that India has already achieved the feat of having 40 per cent of installed electric capacity from […] Read more
Five Secrets About Solar & Wind Power You Should Know Updated On Tue, Jan 31st, 2023 by Saurenergy As Solar and wind are becoming increasingly popular sources of renewable energy, detractors love to point to limitations like intermittency, efficiency as drawbacks. However, even as these drawbacks are being covered with the drop in storage costs and ever higher efficiencies for both these options, many people may not be aware of the reason solar […] Read more
Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023 Updated On Tue, Jan 31st, 2023 by Saurenergy The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […] Read more
