Tata Power-DDL Meets 100% RPO; Becomes 100% RPO Compliant Second Time In a Row Updated On Thu, Aug 11th, 2022 by Saurenergy Power utility, Tata Power Delhi Distribution Limited, a JV between the Government of India and Tata Power Company, has achieved 100% RPO compliance for the second year in succession. To meet its Renewable Purchase Obligation (RPO) for the financial years 2021–2022, the company purchased 2200 million units (MUs) of green power from renewable sources, such […] Read more
Rays Power Commissions 150 MW Solar Plant In Karnataka Updated On Wed, Aug 10th, 2022 by Saurenergy Haryana-based Solar Power Company, Rays Power Infra has announced the inauguration of a 150 MW solar plant (grid-connected) in Raichur and Koppal, Karnataka. Rays Power claims that this project will approximately produce 2,40,000 MW of green energy per year and the entire project has been executed by Rays Power Infra’s in-house EPC team within the […] Read more
Industry Reacts: Electricity (Amendment) Bill 2022 Updated On Wed, Aug 10th, 2022 by Saurenergy As the Electricity Amendment Bill (2022) finds itself drawing the ire of the opposition parties, some farmer organisations, and even employees from the public sector power sector, who are vehemently opposing it, industry leaders speak exclusively to Saur Energy International to offer their views on the Bill that has become synonymous with controversy. What The […] Read more
Direct Benefit Transfer: State Saves 33 MU of Power in Agriculture Sector Updated On Wed, Aug 10th, 2022 by Saurenergy In Srikakulam district of Andhra Pradesh, a trial programe for the Direct Benefit Transfer (DBT) program for agricultural energy connections was begun around a year ago. During the 2020–21 financial year, the 26,083 agricultural connections used around 101 million units of power. Since the program was introduced, the number of connections have climbed to 28,393 […] Read more
Torrent Power Q1 FY23: Profit Sees Two-Fold Surge Updated On Tue, Aug 9th, 2022 by Saurenergy Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […] Read more
Enfinity Global Raises $242 Million Funding For Solar Plants Updated On Tue, Aug 9th, 2022 by Saurenergy Enfinity Global, a provider of sustainability and renewable energy services with headquarters in Belgium, has obtained $242 million funding (about ¥29 billion) in long-term financing for three utility-scale solar PV projects in Japan that were just finished and have a combined capacity of 70 MW. Under the feed-in-tariff (FIT) arrangement, the power plants have 18 […] Read more
X-ELIO Awarded 15 MW First Feed-In-Premium Auction In Japan Updated On Mon, Aug 8th, 2022 by Saurenergy Spanish renewable energy developer company X-ELIO has received 15 MW from the Ministry of Economy and Trade Industry (METI) in Japan’s first Feed-in-Premium (FIP) auction, which awarded 153.7 MW of new solar PV capacity. This first FIP auction since COD saw the award of the company’s 15 MW project. The predicted start date for commercial […] Read more
Adani Solar Strengthens Retail Footprint In Maharashtra Updated On Mon, Aug 8th, 2022 by Saurenergy Adani Group’s solar PV manufacturing and EPC arm, Adani Solar, has announced the expansion of its retail distribution business for Maharashtra with Roofsol Energy Pvt. Ltd. According to Adani Solar, Roofsol Energy will be the official channel partner for the Maharashtra region. Additionally, Adani Solar shared that it has now extended its reach to more […] Read more
Gensol Ventures Into EV Market With Manufacturing Plant In Pune Updated On Fri, Aug 5th, 2022 by Saurenergy Ahmedabad-based renewable energy solution provider, Gensol Engineering Ltd. has announced that it would enter into the electric vehicle (EV) market with personal mobility and cargo electric vehicles manufacturing plant. The business aspires to establish an EV manufacturing plant in Chakan, Pune. The plant is expected to begin making products in October this year and accept […] Read more
