EU’s Grid Infrastructure Needs 200 GW Battery Storage: Report Updated On Tue, Nov 14th, 2023 by Saurenergy The Solar Power Europe report on the use of storage in grid, and the importance of developing supportive energy policy talked about several aspects of the grid infrastructure in the European Union (EU). It underscored the key recommendations for strengthening the EU grid policy to drive transformative changes in the energy landscape for battery storage. […] Read more
EU, US Frontrunners In Offshore Wind Patents: IRENA Report Updated On Fri, Nov 10th, 2023 by Saurenergy A latest joint report from the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) claimed that patents over offshore wind technologies are on the rise globally. The report titled; Offshore Wind Energy Patent Insights Report showed that between 2002-2022 patent filings for offshore wind technologies grew on average by 18%. This growth […] Read more
BluSmart Becomes First E-Mobility Firm To Get Carbon Credits Certified Updated On Thu, Nov 9th, 2023 by Saurenergy Indian electric only ride hailing service provider BluSmart today claimed that it has become the first Indian EV cab firm to receive carbon credit accreditation. The certification was done by Verra, a global non-profit corporation. The company received the credits due owing to its emission free operations, leafing to reduction in carbon-dioxide emissions for the […] Read more
Solar Finance Specialist Updated On Thu, Nov 9th, 2023 by Saurenergy Reporting to the Chief of Resource Mobilisation or a designated officer, you will support him/her across our business clusters. You will review, develop and deploy the financing of renewable energy, particularly from the ISA’s perspective on leading energy transition through its member states. The role will lead and implement crucial processes within the solar energy […] Read more
Waaree Bags 135 MW Solar Module Order From NTPC Updated On Wed, Nov 8th, 2023 by Saurenergy Waaree Energies Ltd., India’s leading solar module manufacturer today announced that it is engaged by NTPC Ltd. to supply over 135 MW of solar PV modules. NTPC Ltd is the country’s largest power utility company, with an installed capacity of 73,824 MW. The modules supplied by Waaree Energies Ltd. will be utilized by NTPC Ltd. […] Read more
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
