Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023 Updated On Tue, Feb 20th, 2024 by Saurenergy Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […] Read more
Vareyn Solar Announces Foray Into Residential Solar Sector Updated On Mon, Feb 19th, 2024 by Saurenergy Turn-key solar EPC company Vareyn Solar Pvt. Ltd. has announced its foray into the residential sector in the solar power industry. This comes after the announcement of PM Suryodaya Yojana which was launched by the Centre on January 22, 2024. This scheme aims to install rooftop solar panels on the houses of middle and poor-class […] Read more
Adani Green Operationalizes 551 MW Solar Capacity At Khavda Updated On Wed, Feb 14th, 2024 by Saurenergy Adani Green Energy Limited (AGEL), a renewable energy (RE) company and a solar PV developer, has recently operationalized 551 MW solar capacity in Khavda, Gujarat, to supplying power to the national grid. AGEL achieved this target within 12 months from the commencing work on the Khavda RE park. It started with the development of basic […] Read more
Standard Solar Acquires 84-Megawatt Community Solar Portfolio in Illinois Updated On Tue, Feb 13th, 2024 by Saurenergy US-based commercial and community solar developer Standard Solar announced the acquisition of an 84-megawatt community solar portfolio in Illinois. The portfolio consists of three sets of community solar gardens in Illinois including six sites with a capacity of approximately 47 MW, four sites totaling 12 MW, and four sites representing 25 MW. According to the […] Read more
COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
Design, Process and Technology Staff Engineer Updated On Mon, Feb 12th, 2024 by Saurenergy Drive TrueCapture field measurement and verification (M&V) activities for customers Analyze and compare TrueCapture measured gains to quoted and modeled gains, investigate & resolve differences Support ongoing evolution of analysis methods, data cleaning methods, automation, and processes to scale-up the calculation of TrueCapture measured gains. Analyze customer performance data to accurately determine actual gains realized […] Read more
Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
NREL, JSW, Solarcraft Emerged Winners For SJVN’s 1500 MW Solar Tender Updated On Fri, Feb 9th, 2024 by Saurenergy NTPC Renewable Energy Limited (NREL), JSW, Solarcraft, and some other solar power developers bagged recent orders from a 1500 MW solar power tender auctions undertaken by SJVN Limited. While Solarcraft Power India emerged as the bidder with the lower tariff of Rs 2.52/kWh, others that bagged the order included GRT Jewelers (India), Furies Solren, JSW […] Read more
IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE Updated On Fri, Feb 9th, 2024 by Saurenergy A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […] Read more
