Tata Power Empaneled for 84MW Rooftop Solar Project By KSEB Updated On Fri, Jul 9th, 2021 by Saurenergy Tata Power, India’s largest integrated power company, has been empaneled and won a contract worth Rs 400cr from the Kerala State Electricity Board Limited (KSEBL) on July 2, 2021 to develop 84MW solar rooftop project for domestic consumers across all districts of Kerala. As a part of this agreement, the company will implement projects through […] Read more
Eco Wave Power Announces Closing of Public Offering of 1 Million ADS Updated On Wed, Jul 7th, 2021 by Saurenergy Swedish clean tech company Eco Wave Power Global AB (EWPG) has announced the closing of its underwritten public offering of 1,000,000 American Depository Shares (ADS), representing 8,000,000 common shares at a price to the public of $8.00 per ADS. The ADSs began trading on the Nasdaq Capital Market on July 1, 2021. EWPG granted A.G.P./Alliance […] Read more
India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA Updated On Thu, Jun 24th, 2021 by Saurenergy Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […] Read more
Solar Powered Irrigation Would Accelerate India’s Energy Transition: IEEFA Updated On Mon, Jun 14th, 2021 by Saurenergy In a new report, the Institute for Energy Economics and Financial Analysis (IEEFA) says that solar pumps help to expand distributed solar generation while catering to agriculture’s vast power demand. And in India, Solar-powered irrigation can help achieve its Energy Transition as the country is already lagging far behind its near-term target of 40GW of […] Read more
DR Congo Goes With Solar Off Grid To Power 3 Northern Cities Updated On Sun, Jun 6th, 2021 by Saurenergy Africa’s second largest country, and one of its poorest, the Democratic Republic of Congo (not to be confused with the neighboring Republic of Congo) has finally placed a big bet on renewable energy. The government there has finally gone for a $100 million investment off grid hybrid solar projects that will provide power to three cities […] Read more
India’s May Power Consumption Grows, Despite Setbacks Updated On Wed, Jun 2nd, 2021 by Saurenergy Power consumption in India grew by over 8.2 per over in May 2021 over the same period in 2020. At 110.47 billion units (BU), the numbers indicate a poor recovery over the figure of 120.02 BU recorded in May 2019, the pre-covid impact year, which really should be the reference for this year. May 2020 […] Read more
Tata Power Solar Systems Bags Rs. 188 Crore EPC Contract From NHPC Updated On Wed, May 26th, 2021 by Saurenergy NHPC, an Indian government hydropower board under the ownership of Ministry of Power, announced yesterday its placement of an order amounting to Rs 188.19 crore with Tata Power Solar Systems Ltd, a Mumbai-headquartered solar energy services provider, to set up a 40 MW solar power project at Ganjam, in Odisha. Tata Power Solar, a wholly-owned […] Read more
Power Consumption up Nearly 20 Percent in May Updated On Mon, May 17th, 2021 by Saurenergy Power consumption in the country grew by nearly 20 percent in the first fortnight of May to 51.67 BU over the same period last year. Power consumption in the country grew by nearly 20 percent in the first fortnight of May to 51.67 billion units (BU) over the same period last year, showing recovery in commercial and […] Read more
Azure Power’s Petition for GST Compensation Dismissed by MERC Updated On Wed, May 12th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) recently heard a petition filed by Azure Power Thirty Four Private Limited (APTFPL), which sought INR 22,52,61,708 in compensation for “increase in costs” due to a change in the rate of Goods & Services Tax (GST) following a notification issued by the Ministry of Finance in December 2018. APTFPL tried […] Read more
