Chitradurga, Bellary Emerge As New RE Hotspots In Karnataka Updated On Thu, May 16th, 2024 by Saurenergy Karnataka is among the leading renewable-rich states in India. It is also touted as one of the earliest adopters of green energy. As per the latest data from the Ministry of New and Renewable Energy (MNRE), Karnataka ranks third in India when it comes to total solar capacities. Till April 2024, the southern Indian state […] Read more
Waaree Renewables Reports 341% Surge In PAT In Q4, 167% Annually Updated On Sat, May 11th, 2024 by Saurenergy Waaree Renewable Technologies Limited, the solar EPC arm of the Waaree Group has published its financial results for the latest quarter (Q4). It also announced its annual financial results for FY24. As per the details shared by the company in its self-disclosure before the Bombay Stock Exchange (BSE), the company continued its growth in its […] Read more
Chief of Unit Resource Mobilisation (P4) Updated On Wed, May 8th, 2024 by Saurenergy Reporting to the Assistant Director-General (Programs) or a designated officer, this role will lead a team of professionals – International and National Officers. The Chief will provide expert advice, develop policies, and lead resource mobilization and fund-raising efforts. S/he will lead the financing, and capital/investment flows that will meet ISA’s mandates in implementing solar projects/initiatives. […] Read more
Sri Lanka Inks 20-Year Wind Power Deal With Adani Green Energy Updated On Tue, May 7th, 2024 by Saurenergy Sri Lanka has signed a deal with Adani Green Energy Limited (AGEL) for a power purchase agreement for 20 years, the country’s cabinet statement read. The company will be paid 8.26 cents per kilowatt-hours (kWh) as per the agreement for the wind energy projects it has developed, the cabinet statement said. The Sri Lankan Cabinet […] Read more
responsAbility Plans To Invest USD 35mn In AMPIN Energy Updated On Tue, May 7th, 2024 by Saurenergy responsAbility plans to invest up to USD 35 million in AMPIN Energy Transition Private Limited (AMPIN) on behalf of its investors. This is part of its broader USD 500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia. New Delhi-based AMPIN is an Indian renewable energy transition company with a balanced portfolio […] Read more
Uttarakhand Proposes Revised RPO Compliance Norms With Timelines Updated On Mon, May 6th, 2024 by Saurenergy The Uttarakhand Electricity Regulatory Commission (UERC) has now come up with its draft regulations relating to Renewable Purchase Obligations (RPO). The proposed draft regulation aims to amend the existing UERC (Tariff and Other Terms for Supply of Electricity from Renewable Energy Sources and non-fossil-based Co-generating Stations) Regulations, 2023. The State Electricity Commission proposed the new […] Read more
CERC Terms SC Order On GIB As ‘Change Of Law’, Awards Compensation To Azure Updated On Mon, May 6th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in a significant judgment termed the 2021 Supreme Court order on the Great Indian Bustards (GIB) as a ‘Change of Law’ event. It also granted compensation to Azure Power Maple Private Limited on account of its alleged additional expenditures. The case came to light after the petitioner Azure Power […] Read more
Microsoft Inks Largest Ever Corporate Deal For 10.5 GW With Brookfield Updated On Fri, May 3rd, 2024 by Saurenergy Brookfield Renewable and Microsoft have entered into an energy framework agreement for 10.5GW of renewable capacity. The deal is meant to power upcoming data centres owned by Microsoft, as it doubles down to build stronger AI capabilities that will need much more energy at data centres to deliver. It is estimated that Microsoft would be […] Read more
CERC Orders Compensation To NTPC Over ‘Change Of Law’ Event Updated On Tue, Apr 30th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to NTPC Limited over a surge in Goods and Services Tax (GST). The public sector utility had moved to the CERC seeking compensation for the increased project costs due to the increased taxation. The case was related to two solar projects with a […] Read more
