Sterling and Wilson Reports Rs 522cr Total Income In Q1 FY24 Updated On Thu, Jul 13th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited today announced its First Quarter (Q1) Financial results today. Its total income consolidated (unaudited) came down from Rs 1,211.06 crore in Q1 of FY22-23 to Rs 522.35 crore in Q1 of FY 23-24, a plunge of 57 percent YoY. It also reported a sharp reduction of total expenses in […] Read more
EV Ownership & Maintenance: Advantages Every Business Must Leverage Updated On Thu, Jul 13th, 2023 by Saurenergy By Tushar Choudhary, Founder & CEO, Motovolt Mobility Sustainability of operations has become a key consideration for all major businesses. Consumers are well-aware of the climate change crisis, and concerned about any damage caused to our ecology. Since transportation is one of the major contributors of air pollution, EVs are widely seen as the clean, […] Read more
Fourth Partner Energy Forges Partnership with Best Agrolife to Supply 3 MW Solar Power Updated On Thu, Jul 13th, 2023 by Saurenergy Renewable energy solutions firm that caters to Commercial & Industrial businesses, Fourth Partner Energy will be supplying power to agrochemical pesticide manufacturer Best Agrolife Ltd. (BAL), from its 15 MW solar park in Shahjahanpur, Uttar Pradesh. The two firms have entered into a partnership, as per which BAL will be provided of 3 MW solar […] Read more
CEA Revises Methodology To Calculate AT&C Losses Updated On Thu, Jul 13th, 2023 by Saurenergy The Central Electricity Agency (CEA) has issued a notification seeking a revision in the methodology adopted for calculating Aggregate Technical and Commercial (AT&C) Losses. Earlier, The central authority issued its guidelines on calculation methodology for the computation of AT&C losses on June 2, 2017. The addendum of the methodology specified that the collection efficiency of subsidy received and realization […] Read more
India Needs More RE In Power System To Meet Climate Goals: IEEFA Report Updated On Thu, Jul 13th, 2023 by Saurenergy A new report by the International Energy Economics and Financial Analysis (IEEFA) asks that India accelerate integration of renewable energy into its power system to meet its climate goals. The report said that between 2016 and 2022, the share of renewable energy generation in India’s total energy mix increased merely by 6.5 percent. But the […] Read more
UK’s First-Ever Bankable, Unsubsidized Solar & Storage Project in the Offing Updated On Wed, Jul 12th, 2023 by Saurenergy DIF Capital Partners, a global independent fund manager and Pexapark, an advisory firm specializing in renewable energy, have now partnered to make UK’s first-ever bankable and unsubsidized solar and storage project. A Power Purchase Agreement (PPA) for ten years in this regard has already been signed. As per the mandate, the two firms would help […] Read more
Mercedes To Integrate With Tesla’s North American Charging Standard System Updated On Tue, Jul 11th, 2023 by Saurenergy Mercedes-Benz has revealed its plans to integrate Tesla’s North American Charging Standard (NACS) system into its electric vehicles (EVs) in North America, beginning in 2025. As a first step, the company will introduce an adaptor in 2024, enabling its existing Combined Charging System (CCS) EVs to charge on the NACS network. This integration will grant […] Read more
Queensland Government Unveils Ambitious Plan to Establish 12 Renewable Energy Zones Updated On Tue, Jul 11th, 2023 by Saurenergy The Queensland government announced its initiative to create 12 renewable energy zones (REZs) across the state, as part of a comprehensive $62 billion plan. The goal is to phase out coal power and transition to 80 percent renewable energy within a little over a decade. Recently, the Labor Palaszczuk government released a draft roadmap, Queensland […] Read more
KERC Proposes Extra Banking Charges Against Peak Time Power Withdrawal Updated On Tue, Jul 11th, 2023 by Saurenergy In its latest discussion paper, the Karnataka Electricity Regulatory Commission (KERC) has offered more details relating to imposing an additional banking charge of two percent when the net power withdrawal is made during peak hours under the open access system. The proposal has been put forward for dealing with energy banking and its subsequent withdrawal, injection, […] Read more
