Poor Policy Shackling Pakistan’s Solar Potential: IEEFA Updated On Fri, Jun 16th, 2023 by Saurenergy Innovating Pakistan’s power purchase agreements (PPA) for renewable projects, and offering price stability to de-risk the market, are crucial to restore investor confidence, according to a new report authored by Haneea Isaad, an Energy Finance Analyst at the Institute for Energy Economics and Financial Analysis (IEEFA). The new report analysed the efficacy of incentives available […] Read more
Power Minister Meets French Delegation, Discusses Energy Transition Collaboration Updated On Wed, Jun 14th, 2023 by Saurenergy Union Minister for Power R. K. Singh recently held a meeting in New Delhi with Chrysoula Zacharopoulou, Minister of State for Development, Francophonie, and International Partnerships, attached to the Minister for Europe and Foreign Affairs. The minister, who also holds the additional portfolio of the New and Renewable Energy also met Emmanuel Lenain, Ambassador of […] Read more
ChakraPaani: A ‘Solar Hand Pump’ Designed to End Rural India’s Water Woes Updated On Fri, Jun 9th, 2023 by Saurenergy The MSME sector is proving its worth in the age of innovation and creativity. One such firm in Kanpur, Shri Ram Rashmi Industries has come up with a new solar hand pump called ChakraPaani which it claims needs just a third of solar energy electricity compared to other solar pumps. When the radiation is low, […] Read more
EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues Updated On Tue, Jun 6th, 2023 by Saurenergy The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […] Read more
Head SCM-Solar Updated On Thu, Jun 1st, 2023 by Saurenergy To manage supply chain in line with business requirement by bringing standardisation in purchase processes, developing flexible planning & control procedures and maintaining TAT of all processes. Responsibilities:- To go through and evaluate the Technical specification after handed over of documents by concerned stakeholders. Should be capable of arriving at tentative cost of commodity by […] Read more
SIDS to Strive for New Goal of 10 GW Renewable Energy Installed Capacity by 2030 Updated On Wed, May 31st, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has released its report entitled, ‘SIDS Lighthouses Initiative: Progress and way forward’. The report places an emphasis on the urgency to deal with the impact of climate change on Small Island Developing States (SIDS). At the 27th meeting of the United Nations Climate Change Conference of Parties (COP27), held […] Read more
Suzlon Q4 FY23: Positive Net Worth After a Decade at INR 1,099 cr, 80% YoY Slide in Current Net Debt Updated On Wed, May 31st, 2023 by Saurenergy Renewable energy solutions provider Suzlon has released its fourth quarter (Q4 FY23) and annual audited results for financial year 2022‐23 (FY23). The firm has reported its revenue at INR 5,947 crores for FY23. For Q4 FY23, the number has been pegged at INR 1,690 crores. As for its EBITDA margins, it stands at 14% with […] Read more
Navitas Solar Eyes Expansion Through Partnership with Redington Solar Updated On Sat, May 20th, 2023 by Saurenergy Navitas Solar, a module manufacturing firm with a capacity of 500 MW p.a., has partnered with Redington Limited (NSE: REDINGTON), a technology solutions provider, for the distribution of solar products across India. The partnership between the two firms will help accelerate the adoption of solar power by businesses and retail segments across the country. Navitas […] Read more
Masdar Doubles Clean Energy Capacity in Just Two Years Updated On Fri, May 19th, 2023 by Saurenergy The UAE flagship renewable energy company Masdar has announced that it has almost doubled its clean energy capacity and CO2 displacement in a space of just two years. Masdar claims to be on track to become one of the world’s largest renewable energy companies by 2030. Masdar achieved a clean energy capacity of 20 GW […] Read more
