LONGi Announces Developing 33.9% Efficiency With Perovskite Updated On Mon, Nov 6th, 2023 by Saurenergy Chinese solar module manufacturer–LONGi claimed to have developed a 33.9 percent efficiency in crystalline silicon-perovskite tandem solar cells. It is reported that the previous world record was 33.7% and was conducted by King Abdullah University of Science & Technology (KAUST) in May this year. According to the latest certification report of the US National Renewable […] Read more
CERC Denies Granting ‘Change Of Law’ Benefits To Adani Green Updated On Mon, Nov 6th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, declined to give relief to Adani Green on ‘Change of Law’ events on procedural issues. It came after Adani Green, who was a respondent in a petition filed by the Solar Energy Corporation of India (SECI). The Petition was related to the adoption of tariffs. The Petition […] Read more
NTPC REL Achieves Commercial Operation of First Wind Project of 50 MW Updated On Mon, Nov 6th, 2023 by Saurenergy NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC, has announced the commercial operation of its wind first project. The said project is for a capacity of 50 MW at Dayapar in Kachch, Gujarat. With the commissioning of this project, the cumulative installed capacity of NTPC Group has become 73,874 MW while the total […] Read more
US May See 619 GW Of Renewable Power Between 2023-2030: Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from BloombergNEF forecast a staggering 619 gigawatts (GW) of solar, wind and storage to come online between 2023 and 2030 in the United States. The report forecasts that this will raise energy capacity by 19 GW from the previous outlook. While structural constraints, such as permitting and grid connections, and a higher […] Read more
RPO Target for 2022-23 to Continue in Absence of Clear Target for 2023-24: WBERC Updated On Fri, Nov 3rd, 2023 by Saurenergy While most States have specified Renewable Purchase Obligation (RPO) targets for 2023 to 2024, West Bengal has not mentioned its RPO goal for said time period. The absence of a clear RPO target for the year 2023-2024 has been challenged before the WBERC (West Bengal Electricity Regulation Commission). The WBERC had last specified the RPO […] Read more
India Launches Programme For Energy Efficient Cooking Updated On Fri, Nov 3rd, 2023 by Saurenergy Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under the Ministry of Power, launched its National Efficient Cooking Programme (NECP) and Energy Efficient Fans Programme (EEFP) under the presence of Union Minister for Power and New and Renewable Energy RK Singh, at an event held in New Delhi. These initiatives are […] 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
CEA To Verify Captive Status Of Power Plants Every Year: Draft Rules Updated On Thu, Nov 2nd, 2023 by Saurenergy The Central Electricity Authority (CEA) released a draft guidelines on the issue of verification of the captive status of power generation plants. It has now asked the stakeholders and other people concerned to send in their comments on the issue by December 1, 2013. These norms will be applicable for the generating plants where the […] Read more
