IREDA To Establish Subsidiary For Retail Finance Updated On Wed, Feb 21st, 2024 by Saurenergy In a clear sign of its determination to go it alone if required for achieving solar rooftop targets, the Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), Pradip Kumar Das has confirmed IREDA’s plans for establishing a subsidiary to cater to retail projects encompassing Rooftop Solar, PM-KUSUM, Electric Vehicles, and other […] Read more
Waaree Renewable Technologies Expects A Likely Rise Of Orders From PSUs Updated On Thu, Feb 15th, 2024 by Saurenergy Waaree Group’s EPC arm, Waaree Renewable Technologies Limited, is now anticipating a rise in opportunities for solar developers in India in the coming days. This is likely to see a transition of the order books of the developers, the top management opined in a recent investors call. Dilip Panjwani, Chief Financial Officer (CFO) of Waaree […] Read more
JSERC Brings Regulation For Group Net Metering & Virtual Net Metering In Jharkhand Updated On Mon, Feb 12th, 2024 by Saurenergy Jharkhand State Electricity Regulatory Commission (JSERC) recently released its (Group Net Metering and Virtual Net Metering) Regulations, 2024. Jharkhand State Electricity Regulatory Commission regulates the net metering and virtual net metering in the state, describe these concepts, their application to the consumers and redress their grievances. JSERC notification stated, “Group Net Metering’ is an arrangement in […] Read more
Re-strategizing To Meet The Growing Demand For Power Updated On Mon, Feb 5th, 2024 by Saurenergy Few sectors, if any, today pose as many challenges or hold as many opportunities as India’s power sector. It has witnessed developments and disruptions in recent years, and while the long-term goal posts remain largely steady, we might have to move sideways towards them instead of headlong. India’s power demand grew at an unprecedented 9% […] Read more
BUDGET: FM Announces Support For RTS, Offshore Wind and EV Manufacturing Updated On Thu, Feb 1st, 2024 by Saurenergy Union Finance Minister Nirmala Sitharaman announced the Union Budget 2024 today. Speaking in Lok Sabha, the finance minister discussed the recently announced Pradhan Mantri (PM) Suryodaya Scheme. On January 22, PM Narendra Modi announced the connection of one crore households with rooftop solar. In her budget speech, the finance minister talked about the savings of […] Read more
Karnataka Proposes Peer-To-Peer Energy Trading, Issues Draft Norms Updated On Wed, Jan 31st, 2024 by Saurenergy A latest draft notification released by the Karnataka Energy Regulatory Commission (KERC) proposed Peer-to-Peer (P2P) system for energy transaction, through block chain-based platform between consumers and the discoms. The notification stated, “The regulation is applicable to all the distribution licensees and eligible consumers of the state of Karnataka.” It defined blockchain as, “A digitally distributed […] Read more
“International Initiatives Such As CBAM And Carbon Trading Will Support RE Adoption”, Akshay Hiranandani, Serentica Renewables Updated On Mon, Jan 29th, 2024 by Saurenergy Has Serentica’s launch plan changed since its inception, or is it following the original plan to achieve the fastest renewable expansion? Can you provide the current status of the firm’s plans, including specific timelines for capacity additions? Serentica remains committed to industrial decarbonization and providing 24/7 green power for hard-to-abate industries. Our current focus centers […] Read more
REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects Updated On Mon, Jan 29th, 2024 by Saurenergy REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […] Read more
MAHAPREIT, Hero Future Energies Collaborate To Develop RE Project Updated On Mon, Jan 22nd, 2024 by Saurenergy Hero Future Energies a two-wheeler manufacturing company and Maharashtra Public Sector Undertaking (PSU) MAHAPREIT have announced their collaboration for development of a renewable energy project on social media platform X. The company said, “We are excited to share that Hero Future Energies has signed a MoU with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd […] Read more
