NTPC Ltd Reports 13 Percent Rise In PAT In H1 of FY24 Updated On Sun, Oct 29th, 2023 by Saurenergy NTPC Limited in its latest financial results declared a 13 percent increase in its Profit After Tax (PAT) during the first half (H1) of FY24 on a standalone basis. The central Public Sector Utility (PSU) said that its PAT for H1 FY24 was Rs 7,951 crore as against Rs 7,048 crore in H1 FY23. Meanwhile […] Read more
EU PPA Market Shines with 7.8 GW of New RE Contracts To Date Updated On Fri, Oct 27th, 2023 by Saurenergy RE-Source Platform, a corporate renewable energy platform for energy buyers and suppliers, has made significant observations about the rising volumes of corporate PPAs signed for renewable energy in the EU. The Platform has made the following observations and recommendations to facilitate PPAs- Record-breaking year in the EU PPA market with companies procuring 7.8 GW of […] 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
Suzlon Wins Repeat Order from Juniper for 50.4 MW Capacity Updated On Fri, Oct 27th, 2023 by Saurenergy Renewable energy solutions provider Suzlon has secured a new order for 50.4 MW for their 3 MW series turbines. The order has come from Juniper Green Energy Private Limited. Suzlon will install 16 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower of their new product with a rated capacity of 3.15 MW […] Read more
Trina Solar Employs Vertex N 700W Modules in Coal Mine Updated On Thu, Oct 26th, 2023 by Saurenergy A provider for photovoltaic (PV) module and smart energy solutions, Trina Solar’s 210 mm Vertex ultra-high power modules, including the Vertex N 700W and the Vertex 670W, are being used in a 2 GW photovoltaic project in coal mine goafs in Ningxia, China. Once the station is connected to the grid it is forecast to […] Read more
Enfinity Continues Italian Conquest with 97 MW Agreement Updated On Wed, Oct 25th, 2023 by Saurenergy Italy based firm A2A Group, which supplies energy solutions, has joined hands with Enfinity Global by way of a power purchase agreement (PPA) for three of Enfinity’s solar projects in Lazio, Italy. The three projects account for a cumulative capacity of 97 MW. The agreement begins to take shape in July 2025. A2A Group is […] Read more
Govt Issues Renewable Consumption Targets For Discoms, Others Updated On Tue, Oct 24th, 2023 by Saurenergy The Ministry of Power, in its latest notification, issued a trajectory of renewable energy consumption for discoms, open access and captive power consumers. The new norms make these obligated entities to phase out the usage of fossil fuels in a phased manner. The new mandate was issued as per Section 14 of the Energy Conservation Act, […] Read more
SECI’s Aggregate Capacity of PSA Agreements Exceeds 50 GW Updated On Sun, Oct 22nd, 2023 by Saurenergy Solar Energy Corporation of India (SECI), a Miniratna Central Public Sector Enterprise under the Ministry of New & Renewable Energy has surpassed the milestone of 50 GW aggregate capacity of agreements signed under Power Sale Agreements (PSAs). The latest quantum of PSAs signed stands at 50,292.64 MW now, where SECI is the trader as an […] Read more
SJVN Invites Bids for 70 MW Solar Power Project in Assam Updated On Fri, Oct 20th, 2023 by Saurenergy Central Public Sector Utility- SJVN has issued a tender for the design, engineering, supply, erection, testing, commissioning of 70 MW (AC) and/or 50 MW (AC) grid connected solar power project in Assam, including three (03) years comprehensive operation and maintenance (O&M) at designated locations of Assam Power Distribution Company Limited (APDCL), Assam. As per the […] Read more
