India’s Top Ten Solar Module Manufacturers Updated On Fri, Nov 10th, 2023 by Saurenergy A recent announcement by the All India Solar Manufacturers Association (AISMA) has put the spotlight on India’s surging manufacturing capacity, which has crossed the 60 GW mark recently. Highlighting the details, the association showcased that 27 of the almost 100 manufacturers account for 50 GW of installed capacity now, even as significant fresh capacities are […] Read more
BluSmart Becomes First E-Mobility Firm To Get Carbon Credits Certified Updated On Thu, Nov 9th, 2023 by Saurenergy Indian electric only ride hailing service provider BluSmart today claimed that it has become the first Indian EV cab firm to receive carbon credit accreditation. The certification was done by Verra, a global non-profit corporation. The company received the credits due owing to its emission free operations, leafing to reduction in carbon-dioxide emissions for the […] Read more
AISMA Announces 60 GW Milestone for Solar Manufacturing In India Updated On Thu, Nov 9th, 2023 by Saurenergy The All India Solar Manufacturers Association (AISMA) has announced a historic milestone for the industry in India – an annual installed capacity of 60 GW of high-end solar module manufacturing in India. This marks a significant increase in capacity over the last few years, from less than 10 GW of low-wattage Polysilicon modules in FY […] Read more
World Bank Backs Himachal Power Sector with USD 200mn Updated On Wed, Nov 8th, 2023 by Saurenergy The Government of Himachal Pradesh and the World Bank have joined hands for a project valued at USD 200 million to enhance power sector reforms in the state. The project aspires to augment the share of renewable energy (RE) in the power mix of Himachal Pradesh, which has set sights on adding 10,000 MW of […] Read more
CEA Propagates the Idea of Vehicle to Grid Updated On Wed, Nov 8th, 2023 by Saurenergy In March, the Ministry of Power had requested the CEA to frame guidelines for reverse charging of grid from batteries of electric vehicles (EVs). Accordingly, a committee was constituted by the CEA to analyze various aspects of reverse charging from EVs and present it to the committee, which saw participants from IIT Bombay, IIT Delhi, […] Read more
Till 2026, 65% of total floating projects commissioned will be from India & SE Asia: Deepak Ushadevi, Ciel et Terre Updated On Tue, Nov 7th, 2023 by Saurenergy Ciel et Terre, which specializes in building floating solar projects all over the world, recently created buzz by establishing a 10.75MWp floating solar plant for Tata Steel. The project is India’s first floating solar installation within a steel power plant. Deepak Ushadevi, MD and CEO, Ciel & Terre Solar (Floating Solar Projects) speaks to Saur […] Read more
India Will Need 60 GW Of Storage By 2030, Says Research Report Updated On Tue, Nov 7th, 2023 by Saurenergy Global Energy Alliance for People and Planet (GEAPP) and RMI released a report on battery storage systems, defining the role of discoms in accelerating battery energy storage in India. The report titled ‘Powering Progress: Batteries for Discoms, A Market Action Report evaluated the accelerating battery energy storage ecosystem in India. It attempted to provide an […] Read more
India’s Solar Module Manufacturing Capacity To Touch 60GW: Report Updated On Tue, Nov 7th, 2023 by Saurenergy A latest report from rating agency ICRA claimed that Indian solar module manufacturing could rise up to 60 Gigawatt (GW) by 2025. This is in contrast to the country’s current capacity of around 37 GW. The boost in the local solar module, as per the report, is likely due to the increased backward integration of […] Read more
IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23 Updated On Fri, Nov 3rd, 2023 by Saurenergy The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […] Read more
