GUVNL Deserves Carbon Credit Share From RE Project: GERC Updated On Thu, Sep 12th, 2024 by Saurenergy In an interesting case, the Gujarat Electricity Regulatory Commission (GERC) has ruled that wind energy generators must share the benefits of carbon credits with power distribution companies, regardless of the platform used. The order was passed in a case where the Power Purchase Agreement (PPA) was executed under a generic tariff arrangement. The case emerged […] Read more
No Subsidies For Passenger Cars In Rs 10,900cr PM E-Drive Scheme Updated On Thu, Sep 12th, 2024 by Saurenergy The Union Cabinet, on September 11, approved the PM E-Drive Scheme for boosting adoptipn of electric vehicles in India. The PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) Scheme earmarks Rs 10,900 crores over the next two years with a sharp focus away from passenger cars to other key categories like 2 wheelers, […] Read more
Indian Solar Cell Market Expands As Tata Power Adds 2 GW Cell Making To Mix Updated On Tue, Sep 10th, 2024 by Saurenergy With the successful commissioning of the first 2 GWs of Tata Power’s solar cell manufacturing unit at Tirunelveli in Tamil Nadu, the firm has joined the league of the top cell making firms as well. Under Tata Power Solar, which is a cell and module manufacturing company and a subsidiary of Tata Power Renewable Energy […] Read more
ISA, Africa50 Plan To Invest $200 Mn In Africa Solar Facility Updated On Fri, Sep 6th, 2024 by Saurenergy The International Solar Alliance (ISA), recently sought public expressions of interest (EOI) from entities to become investment managers for ISA’s proposed Africa Solar Facility (ASF). ISA has entered into exclusive discussions with Africa50 to act as the ASF’s investment manager in pursuit of this project. The ASF is one of the first regional facilities under […] Read more
Borosil Renewable In Deal With Clean Max For Green Energy Updated On Thu, Sep 5th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewable has announced acquiring 49 percent stake in Clean Max Prithvi Pvt Ltd (CMPPL) and Clean Max Enviro Energy Solutions Pvt Ltd. The Mumbai-based company in its recent filing before the Bombay Stok Exchange (BSE) said. Indian open access law requires offtakers to acquire proportionate stakes in firms supplying green […] Read more
Green Stocks Sept 4: Tata Power Stock Sees The Highest Plunge Updated On Wed, Sep 4th, 2024 by Saurenergy The stock market today gave a mixed back of returns with many firms reporting positive growth and around half of them seeing negative growth. Tata Power reported the highest plunge in their stock prices with a negative growth of 3.03 percent. It was followed by Inox Wind which reported a negative growth of 2.48 percent. […] Read more
Survey Places GenZ On Top For Affinity To Solar Solutions In India Updated On Wed, Sep 4th, 2024 by Saurenergy A multi city survey in India of over 4000 respondents has thrown up some interesting findings when it comes to awareness of, and perception of solar power solutions. Gen Z (those aged between 27- 40years) leads with 50% awareness, followed by Millennials at 46% (those aged 28 to 43) , and Gen X (44 to […] Read more
Alpex Solar To Double PV Module Capacity, Explore Cell Production Updated On Wed, Sep 4th, 2024 by Saurenergy Greater Noida-based NSE Emerge-listed solar systems manufacturing Company Alpex Solar Ltd today announced its expansion plans to double its photovoltaic solar module capacity to 2.4 GW. The greenfield project will be installed in the company’s newly acquired land parcel at Kosi Kotwan, Mathura, Uttar Pradesh. Besides, the Board also authorised the Managing Director of the […] Read more
India’s Renewable Generation Surges By 5.5% In 4 Months Of FY25 Updated On Wed, Sep 4th, 2024 by Saurenergy India’s renewable energy generation has surged by 5.5 percent in the initial four months of fiscal year 2024-25. The latest data released by the Central Electricity Authority (CEA) indicated that solar and wind power generations have shown good progressive signs in actual generation. The latest renewable generation report of the CEA said that India generated […] Read more
