Adani Power Debuts In Middle East, Sets Up Subsidiary At Abu Dhabi Updated On Tue, Aug 27th, 2024 by Saurenergy Adani Power Limited has established a new wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, following its expansion into Singapore. The company informed the exchange that Adani Power Middle East Ltd. will focus on investments in power, infrastructure, and related industries. The subsidiary has an authorized share capital of $27,000, […] Read more
Canada Imposes Surcharges Against Imports Of Chinese EVs Updated On Tue, Aug 27th, 2024 by Saurenergy After the United States (US), and European Union (EU), the Canadian government has now implemented new measures to protect its workers and key economic sectors from unfair Chinese trade practices while supporting job creation in the electric vehicle (EV) supply chain. Canada’s steel and aluminum sectors have supported over 130,000 jobs nationwide. However, Canadian auto […] Read more
IB Solar Likely To Launch TOPCOn-Based Modules By Oct: Abhinav Mahajan Updated On Mon, Aug 26th, 2024 by Saurenergy What are the main products IB Solar is offering to the Indian solar market currently? Right now, we have a total solar module manufacturing capacity of 500 MW. We are set to add 900 MW of additional capacities in the next six months. We expect our cumulative solar module manufacturing capacity to reach approximately 1.4 […] Read more
UPNEDA Amends Tender For Solar-Based Water Kiosks Updated On Thu, Aug 22nd, 2024 by Saurenergy The Uttar Pradesh New and Renewable Development Agency (UPNEDA) has now amended its earlier tender, seeking developers for solar-based drinking water kiosks. The new corrigendum issued by the state nodal agency attempts to amend the clause related to the eligibility of the bidders. The earlier tender document had mandated that the bidders must have installed […] Read more
After Dip In EV Sales, Tata Motors Pins Hopes On FAME-III For Revival Updated On Thu, Aug 22nd, 2024 by Saurenergy After facing a dip in the sales of Electric Vehicles (EVs) in Q1FY25, Tata Motors has pinned hopes on the rollout of the FAME-III scheme for the revival of its electric vehicle business. The top management of the company said that the fleet segment of its EVs which used to be around 10 percent of […] Read more
Green Stocks Aug 21: JSW Energy, Waaree Stock Prices Up Updated On Wed, Aug 21st, 2024 by Saurenergy A day when most of the green stocks saw a sluggish growth in its stock prices, selected renewable companies in India witnessed minors jumps in its stock prices. The highest growth of merely 1.80 percent was seen in the stock prices of Shaki Pumps while the stock price of JSW Energy saw a rise of […] Read more
Is Community Solar A Key Piece In India’s Clean Energy Strategy? Updated On Tue, Aug 20th, 2024 by Saurenergy India’s ambitious renewable energy targets highlight a promising model for democratizing access to clean energy—community solar. Despite the global momentum and success stories, community solar has faced hurdles in gaining traction within India. With existing financial support for various clean energy schemes, the path from concept to a widespread adoption has not been smooth in […] Read more
APTEL Accepts SGD As Change In Law, Relief Likely For Developers Updated On Tue, Aug 20th, 2024 by Saurenergy In a case that involved a bunch of similar petitions from developers in Rajasthan executing projects worth 950 MW, and another batch in Andhra Pradesh involving projects worth 750 MW, the Appellate Tribunal for Electricity, has provided some measured relief for the developers involved. The petitions bunched together by the APTEL bench involved the acceptance […] Read more
A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER Updated On Tue, Aug 20th, 2024 by Saurenergy A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […] Read more