Shocking To See How The Small-Scale, Decentralized Rooftop Solar Market Was Ignored Updated On Tue, Aug 2nd, 2022 by Saurenergy Pyse is a web-based investment platform that allows retail investors to invest their savings in sustainable projects that create social and environmental impact. The company is helmed by two young entrepreneurs Kaustubh Padakannaya and Vinay Mantha, who are using their tech background to solve climate change. Kaustubh Padakannaya is an impact-focused entrepreneur that works at […] Read more
The Top 5: Most Attractive Countries for Renewable Energy Investment Updated On Wed, Jul 27th, 2022 by Saurenergy The governments around the world are looking to accelerate and broaden the scope of their renewables programs. The investors are looking out for the most attractive countries for Renewable Energy investment. But the world stands at the turn to future of energy facing dual visions – need of self-reliance in energy sector in a highly […] Read more
Adani Group Will Invest $70 bn In Green Energy To Build Atmanirbhar Bharat Updated On Wed, Jul 27th, 2022 by Saurenergy Adani Group Chairman Gautam Adani has said that the company will invest $70 billion in green energy transition and infrastructure projects, calling upon the shareholders to “reshape India’s energy footprint for an Atmanirbhar Bharat”. Addressing the annual shareholders’ meeting of Adani Enterprises, the flagship company of the group, he said, “The best evidence which showcased […] Read more
With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues Updated On Tue, Jul 26th, 2022 by Saurenergy One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […] Read more
China’s Solar Power Installations Touch Record High Of 31 GW In First Half Of 2022 Updated On Fri, Jul 22nd, 2022 by Saurenergy Installing solar power projects at breakneck speed, China built nearly 31 GW from January to June 2022. This is 137% more than last year during the same period. This trend, unless stopped midway, is extrapolated to clock between 75 GW and 90 GW by the end of this year. According to Wang Bohua, the honorary […] Read more
US, India Struggle To Counter China PV Dominance With Support For Domestic Manufacturers Updated On Wed, Jul 20th, 2022 by Saurenergy A few announcements, all in the past 30 days are beginning to prove just how tough it is for countries to counter China’s dominance of the solar supply chain. Notable among these have been moves made, or being contemplated in the US and in India now. These pull backs on actions taken or considered matter, […] Read more
Indian Oil, NTPC Form JV For 650 MW RE Updated On Tue, Jul 19th, 2022 by Saurenergy India’s largest power producer state owned NTPC and Indian Oil Corporation Limited have formally inked a joint venture company recently, mandating the former to produce round-the-clock 650 MW renewable energy required by the upcoming projects of the refineries in Indian Oil. Released by the companies, a statement reads that the JV was necessitated by a […] Read more
APTEL Relief For Avaada From Transmission Charges Till Final decision From CERC Updated On Tue, Jul 19th, 2022 by Saurenergy In an interesting order, the Appellate Tribunal For Electricity (APTEL) has chosen to provide Avaada Energy relief from charges being claimed from transmission utilities for a project where it has been using Medium Term Open Access, instead of Long Term Open Access as mandated. The Issue Avaada had made both CERC (Central Electricity Regulatory Commission) […] Read more
Lowest Tariff Of Rs. 2.84/kWh Discovered In GUVNL 500 MW Wind Auction Updated On Mon, Jul 18th, 2022 by Saurenergy In Gujarat Urja Vikas Nigam’s (GUVNL) auction to buy power from 500 MW of grid-connected wind power projects, Rajpur Renewables, Juniper Green Energy, Solarcraft Power India 3, O2 POwer, TEQ Green Power XII, ACME Pokhran Solar, and Project Twelve Renewable Power were proclaimed winners (Phase-III). The greenshoe option for the tender had an additional capacity […] Read more