Suzlon Posts Financial Results for Q2 FY21, PAT at Rs 670 Crore Updated On Thu, Nov 12th, 2020 by Saurenergy The Suzlon Group has announced its second-quarter results for FY21 (Q2 FY21), with the performance considered encouraging in the current scenario. The Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has announced its second-quarter results for the financial year 2020-21 (Q2 FY21). The firm claims its performance has been […] Read more
Solar Plants, Batteries Among 10 Sectors In Expanded PLI Scheme Updated On Wed, Nov 11th, 2020 by Saurenergy The Union Cabinet has approved the Production Linked Incentive (PLI) Scheme for 10 “key sectors”, including telecom, electronics, solar PV and batteries. With this move, the government has delivered on its promise to encourage manufacturing with direct interventions, especially for the solar PV manufacturing. The battery sector, or advanced chemistry cell (battery) as the government […] Read more
Tata Power Posts Strong Numbers in Q2 2021 Financial Results Updated On Wed, Nov 11th, 2020 by Saurenergy Tata Power has announced its results for Q2 2021, reporting strong numbers in consolidated revenue and Profit after Tax Tata Power, India’s largest integrated power company, has announced its results for the quarter ended September 30, 2020 (Q2 2021), reporting strong numbers in consolidated revenue and consolidated Profit after Tax (PAT) as compared to Q2FY20. […] Read more
Odisha is now Power Surplus Thanks to Increase in Renewable Generation Updated On Wed, Nov 11th, 2020 by Saurenergy The coastal state of Odisha is now a power surplus state as it has been making significant strides towards renewable generation, state officials have said. The coastal state of Odisha has become a power surplus state as it has been making significant strides towards renewable and green energy generation, state officials have confirmed. The average annual power demand of the state comes around 3,200 MW, […] Read more
NTPC Brings Online First 8 MW Part of 20 MW Auraiya Solar Project Updated On Wed, Nov 11th, 2020 by Saurenergy NTPC has begun commercial operation of the first part worth 8 MW capacity of the 20 MW Auraiya Solar PV Project in UP. NTPC Ltd has announced that upon successful commissioning, it has begun commercial operation of the first part worth 8 MW capacity of the 20 MW Auraiya Solar PV Project at Auraiya, UP. […] Read more
India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA Updated On Wed, Nov 11th, 2020 by Saurenergy IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […] Read more
BSES Expects Delhi to Create New Power Demand Record This Winter Updated On Tue, Nov 10th, 2020 by Saurenergy BSES has issued a statement, claiming that Delhi is set to witness a new record this winter in power demand which is they expect will rise to 5,480 MW Delhi power distributor BSES has issued a statement, claiming that the capital is set to witness a new record this winter in power demand which is they expect […] Read more
2021 Carries All Solar Hopes In India, With Expected 8.8 GW Capacity Addition Updated On Tue, Nov 10th, 2020 by Saurenergy A fresh quarterly update from a research agency pegs expected solar capacity addition in the calendar year 2020 (Jan-Dec) at 2.8 GW, while Wind Energy is expected to add just 1.2 GW. However, things should start looking up from the next two quarters itself, i.e. Q4 2020 and Q1 2021, when about 4 GW of […] Read more
Power Ministry Mandates all Discoms to Comply With Energy Conservation Act Updated On Tue, Nov 10th, 2020 by Saurenergy The Ministry of Power has issued a notification, stating that all the Discoms will now be covered under the preview of the Energy Conservation Act. The Ministry of Power has issued a notification, stating that all the electricity distribution companies (Discoms) in the country will now be covered under the preview of the Energy Conservation […] Read more