India Added 200 GW In Nine Years, Becoming Power-Sufficient: RK Singh Updated On Thu, Feb 29th, 2024 by Saurenergy Union minister R.K Singh at the 16th edition of the Indian Electrical & Electronics Manufacturers’ Association (IEEMA), ELECRAMA, announced the recent transition in the power sector from power-deficient to power-sufficient. The minister said India added about 200 GW of generation capacity in the past nine years. At an electrical show organised by an association of manufacturers […] Read more
Vikram Solar Secures Spot In BNEF Tier 1 Global Module Makers List Updated On Thu, Feb 22nd, 2024 by Saurenergy Solar module manufacturer Vikram Solar announced that it has once again achieved Tier 1 status in BloombergNEF’s prestigious global module manufacturers list adding, “This recognition underscores the company’s enhanced efficiency, bankability, and production of high-quality products.” BNEF stands as a reputable industry research organisation in the field of new energy, recognised for its credibility and […] Read more
BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy Updated On Wed, Feb 21st, 2024 by Saurenergy BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power. The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmart’s commitment to […] Read more
Solar Thermal Technologies In Focus At Conference Backed By MNRE, NSEFI Updated On Wed, Feb 14th, 2024 by Saurenergy New Delhi hosted the International Conference on Solar Thermal Technologies on Feb 12 and 13. Organised by the Solar Energy Corporation of India (SECI) and National Solar Energy Federation of India (NSEFI), the conference focused on ways to integrate Solar Thermal and Concentrated Solar Power (CSP) storage with Renewable Technologies. Driven by dropping costs and […] Read more
India Exports Solar Modules To 120 Countries, US Biggest Destination Updated On Fri, Feb 9th, 2024 by Saurenergy With a boost in domestic solar module manufacturing capacities, India’s exports to other countries are expanding. Union Minister for New and Renewable Energy RK Singh recently shared the data on exports and imports of solar cells and solar modules from India. The data was shared before the Parliament as a written response from the minister […] Read more
EU Finalizes Net-Zero Industry Act, Boosts Green Technology Deployment Updated On Wed, Feb 7th, 2024 by Saurenergy The Council and the European Parliament recently reached a provisional deal on the regulation establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem, better known as the ‘Net-Zero Industry Act’ (NZIA). Under the agreement, there will be a single list of net-zero technologies, with criteria for selecting strategic projects in those […] Read more
Rooftop Solar: Will PSUs Deliver For PM Suryodaya Yojana? Updated On Wed, Feb 7th, 2024 by Saurenergy The MNRE’s January 25 Office Memorandum, where it allocated states to specific PSUs for pushing the ambitious new Rooftop Solar targets, throws up some very interesting questions. With a target of 10 million households, and upto 3 KW of solar for each, the Pradhan Mantri Suryodaya Yojana is potentially a game changer, offering an opportunity […] Read more
Tamil Nadu Forms New Green Company TNGECL From TEDA And Tangedco Updated On Mon, Feb 5th, 2024 by Saurenergy In a bid to push for green energy generation in the state, the Tamil Nadu government has formed the Tamil Nadu Green Energy Corporation Limited (TNGECL). The corporation was formed by separating the renewable energy department of Tamil Nadu Generation and Distribution Corporation (Tangedco) and merging it with the Tamil Nadu Energy Development Agency (TEDA) […] Read more
Nextracker Continues Strong Show, Q3 EBITDA Up 168% YoY Updated On Fri, Feb 2nd, 2024 by Saurenergy US based solar tracker firm Nextracker, in its first earnings announcement since turning a completely independent firm has delivered a stellar set of results. Nextracker’s adjusted earnings before inflation, taxes, depreciation and amortisation (EBITDA) in Q3 FY24 reached US$168 million, more than doubling over the EBITDA in the last 12 months with a 168% year-on-year […] Read more
