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
Waaree’s Flexible Solar Offers Hopes For Solarising Transport: Neha Bansal, Dy Manager (R&D) Updated On Tue, Oct 31st, 2023 by Saurenergy What are the latest products Waaree is offering for solar consumers? We have come up with customized balcony PV systems where we are offering our modules along with micro inverters, AC-DC cables and others so that we can meet the needs of consumers living in apartments or high-rise buildings. They can use it to reduce […] Read more
Senior Compliance Officer Updated On Mon, Oct 30th, 2023 by Saurenergy The Corporate Compliance unit has the overall responsibility for the compliance programme in Statkraft, including the topics of anti-corruption, fraud, anti-money laundering, competition law, sanctions and export control, and personal data protection. The compliance programme is well-established and is adjusted continuously in light of external developments. As a Senior Compliance Officer you will be part […] Read more
Solar Exports From India to USA Will Keep Rising Till 2025: IEEFA Updated On Mon, Oct 30th, 2023 by Saurenergy A study by the Institute for Energy Economics and Financial Analysis (IEEFA) states that India’s solar photovoltaic (PV) module exports to the United States of America (the U.S.) are likely to keep rising for another couple of years before stagnating from 2025 and declining from 2027. It adds that following the implementation of the Inflation Reduction […] Read more
