First Integrated Solar Charging Station Installed by CESL in Ladakh Updated On Tue, Oct 11th, 2022 by Saurenergy The Ladakh region now has an electric vehicle charging station (Solar Charging Station) established by the government-owned company Convergence Energy Services Ltd (CESL). CESL, a wholly owned subsidiary of Energy Efficiency Services Ltd (EESL) under the Ministry of Power, has established a first-of-its-kind solar-powered charging plaza for electric vehicles in the Ladakh region. The integrated […] Read more
APTEL Sees Merit in Petition by Adani Firms Seeking Project Tariff at Rs. 7.01/unit Updated On Mon, Oct 10th, 2022 by Saurenergy Appellants Kamuthi Solar Power Ltd (KSPL) and Ramnad Renewable Energy Ltd (RREL). The two appellants involved have Adani Green Energy as their parent company. Respondents Tamil Nadu Electricity Regulatory Commission (TNERC); Tamil Nadu Generation and Distribution Corporation Limited; Chief Engineer/Non‐Conventional Energy Sources (NCES); Tamil Nadu Transmission Corporation Limited The Appeal The two appeals have been […] Read more
Rajasthan Govt Launches Program for Farmers to Build Solar Plants on Barren Land Updated On Fri, Oct 7th, 2022 by Saurenergy The Rajasthan government has started a program to assist farmers who want to build solar energy plants on their unusable or unused property (Barren Land). A senior state government official stated, “The farmers can lease their unused land under the Saur Krishi Aajeevika Yojana (SKAY) program to build solar energy plants, which would help them […] Read more
AGEL Commissions 600 MW Capacity of World’s Largest Hybrid Power Plant Updated On Fri, Sep 30th, 2022 by Saurenergy A wind-solar hybrid power plant in Jaisalmer, Rajasthan, with a 600 MW of capacity has been commissioned by Adani Green Energy (AGEL). The hybrid power project has been developed by two subsidiaries, Adani Hybrid Energy Jaisalmer Two and Adani Hybrid Energy Jaisalmer Three. According to the official statement, the project would include 150 MW of […] Read more
TotalEnergies Considers The Possibilities Of The 5X Jump In Value Of AGEL Investment Updated On Fri, Sep 30th, 2022 by Saurenergy Patrick Pouyanne, CEO at French energy major TotalEnergies’ SE has indicated that the firm will consider the possibility of selling a small part of its 20% stake in Adani Green Energy Ltd. At current prices, that stake is worth just around $10 billion. In 2021, the French energy company had paid $2 billion for its […] Read more
Vedanta Ups RE Requirement To 1 GW For Its Operations Updated On Fri, Sep 30th, 2022 by Saurenergy Mumbai-based mining and metallurgy giant Vedanta Group has announced that it has targeted sourcing of clean and green energy upto 1 GW to fulfil the power needs of various operations. Vedanta has said that it also seeks bids from players for the supply of additional 500 MW of renewable energy. Vedanta aims at employing 2.5 […] Read more
Servotech Power Bags Second Solar Project in September from UPNEDA Updated On Tue, Sep 27th, 2022 by Saurenergy The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has awarded the 1.8 MW off-grid solar project (Second Solar Project) to Servotech Power Systems, an Indian developer of solar, LED, medical-grade, and electric vehicle (EV) charging solutions. This 1.8 MW of off-grid solar project’s overall contract value is about Rs 30 crore. After acquiring […] Read more
India Added 9.9 GW of Solar Installation in First Eight Months of CY-22 Updated On Fri, Sep 23rd, 2022 by Saurenergy India increased its solar PV capacity by over 9.9 GW in the first 8 months of CY-22. In comparison to the same period of last year, it’s a 22.2% y-o-y growth. In the first 8 months of CY-21, India added 8147.27 MW. In August -22, India added 1328.92 MW of solar. In comparison to the […] Read more
What Are Climate Bonds? Updated On Wed, Sep 21st, 2022 by Saurenergy According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […] Read more
