100KW Open Access Limit Not Applicable to Captive Consumers: MERC Updated On Tue, Nov 14th, 2023 by Saurenergy It may be recalled that in May, the Ministry of Power has asked all the State Electricity Regulatory Commissions (SERCs) to notify green tariffs under the Green Energy Open Access Regulations. Heeding the request, MERC has introduced the draft notification on Green Energy Open Access. The MERC (Maharashtra Electricity Regulatory Commission) DOA Regulations pave the way […] Read more
Shakti Pumps Records Exports Growth by 12.7% YoY in Q2FY24 Updated On Mon, Nov 6th, 2023 by Saurenergy Shakti Pumps (India) Limited, a manufacturer of stainless-steel submersible pumps, pressure booster pumps, pump-motors, controllers, and inverters among other products, today announced the financial results for the quarter and half year ended September 30, 2023. Shakti Pumps (India) Limited Chairman, Dinesh Patidar, commented on the performance, “We are delighted to report that this has been […] Read more
Sterlite Power Demerges Transmission & Products Business Updated On Fri, Nov 3rd, 2023 by Saurenergy Sterlite Power Transmission Limited (SPTL), a power transmission developer and solutions provider in India and Brazil, has announced the strategic decision to demerge its power transmission infrastructure business (BOT model), spread across India and Brazil. The demerged SPTL entity will continue to hold the global products and specialised EPC services business as well as the […] Read more
Residential Costs Stayed Flat from 2020 to 2022 & then Declined in 2023: NREL Updated On Fri, Oct 27th, 2023 by Saurenergy The National Renewable Energy Laboratory (NREL) has released its annual report on ‘U.S. Solar Photovoltaic System and Energy Storage Cost Benchmarks.’ The report tracks the solar cost trends to support the U.S. Department of Energy Solar Energy Technologies Office. It aims to accelerate the advancement and deployment of solar technology and gives an account of […] Read more
Enfinity Continues Italian Conquest with 97 MW Agreement Updated On Wed, Oct 25th, 2023 by Saurenergy Italy based firm A2A Group, which supplies energy solutions, has joined hands with Enfinity Global by way of a power purchase agreement (PPA) for three of Enfinity’s solar projects in Lazio, Italy. The three projects account for a cumulative capacity of 97 MW. The agreement begins to take shape in July 2025. A2A Group is […] Read more
IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […] Read more
Tata Power Renewable Energy in 12.5 MW PDA with Supreme Petrochem Limited Updated On Mon, Oct 23rd, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a renewable energy player and a subsidiary of Tata Power Company Limited has signed a Power Delivery Agreement (PDA) with Supreme Petrochem Limited for a 12.5 MW group captive project through a SPV – TP Saturn Limited. Located in Achegaon, Maharashtra, the plant will generate around 27.5 million units (MUs) […] Read more
TNERC Clarifies Deviation Charges for RE Generators in Draft Regulations Updated On Fri, Oct 20th, 2023 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has released the draft Forecasting, Scheduling and Deviation Settlement and related matters for wind and solar generation) Regulations, 2023. The draft Regulations will be taken into consideration after the expiry of thirty days from the date of publication of the notification on the TNERC website. The Regulations have […] Read more
Tata Steel Limited Eyes 26% Stake in Tata Power Arm Updated On Fri, Oct 20th, 2023 by Saurenergy Steelmaking firm Tata Steel Limited (TSL) has joined hands with Tata Power Renewable Energy Limited (TPREL) and TP Vardhaman Surya Ltd. (TPVSL). Under this agreement, TSL seeks to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. As per the agreement, TSL will also execute a fixed-tariff long-term agreement with TPVSL to source […] Read more
