CEA Propagates the Idea of Vehicle to Grid Updated On Wed, Nov 8th, 2023 by Saurenergy In March, the Ministry of Power had requested the CEA to frame guidelines for reverse charging of grid from batteries of electric vehicles (EVs). Accordingly, a committee was constituted by the CEA to analyze various aspects of reverse charging from EVs and present it to the committee, which saw participants from IIT Bombay, IIT Delhi, […] Read more
Till 2026, 65% of total floating projects commissioned will be from India & SE Asia: Deepak Ushadevi, Ciel et Terre Updated On Tue, Nov 7th, 2023 by Saurenergy Ciel et Terre, which specializes in building floating solar projects all over the world, recently created buzz by establishing a 10.75MWp floating solar plant for Tata Steel. The project is India’s first floating solar installation within a steel power plant. Deepak Ushadevi, MD and CEO, Ciel & Terre Solar (Floating Solar Projects) speaks to Saur […] 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
IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23 Updated On Fri, Nov 3rd, 2023 by Saurenergy The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […] Read more
Aland Island Set for Large-Scale Integrated Renewable Energy Updated On Thu, Nov 2nd, 2023 by Saurenergy Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an ambitious integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and other local anchored value creating activities on Åland. CIP, through Copenhagen Energy Islands, Lhyfe and Flexens have jointly launched the Åland Energy Island project. The project will […] Read more
UAE Rising: Top 5 Reasons Why This Gulf State Is A Renewable Leader Updated On Wed, Nov 1st, 2023 by Saurenergy The United Arab Emirates (UAE), one of the smallest members of the OPEC cartel, and among Arab nations, continues to remain one of the world’s energy powerhouses. While ranking 116th in size, the country has continued to retain a rank as the world’s 8th largest producer of crude oil. But the country is making headlines […] Read more
Will Start Module Manufacturing By Nov: Shivam Gupta, Oswal Solar Structure Updated On Wed, Nov 1st, 2023 by Saurenergy Why Oswal Group wants to venture into solar module manufacturing? Oswal Pumps has a legacy of around 20 years in India. We are one of the leading manufacturers of solar pumps in the country. We have supplied more than 1.5 lakh motors till now. In the last few years, we have noticed a rising demand […] Read more
Solar Exports From India to USA Will Keep Rising Till 2025: IEEFA Updated On Mon, Oct 30th, 2023 by Saurenergy A study by the Institute for Energy Economics and Financial Analysis (IEEFA) states that India’s solar photovoltaic (PV) module exports to the United States of America (the U.S.) are likely to keep rising for another couple of years before stagnating from 2025 and declining from 2027. It adds that following the implementation of the Inflation Reduction […] Read more
SPDA Chalks Out New Brand Identity Updated On Fri, Oct 27th, 2023 by Saurenergy SPDA, or the Solar Power Developers Association, an independent industry association committed towards promoting the renewable energy space, has made a strategic decision to rebrand itself as ‘Sustainable Projects Developers Association’ (SPDA). The new brand identity reflects the association’s transition from representing pure-play renewable energy developers to that of representing end-to-end provider of solutions across […] Read more
