Gautam Solar On Course To Install 2500 Solar Pumps in Haryana Updated On Wed, Aug 25th, 2021 by Saurenergy New Delhi-based solar power equipment manufacturer Gautam Solar has installed 1,500 solar pumps at various locations in Haryana under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, as per the company’s press release. While the company had installed 1,000 solar pumps in Haryana by May 2021, by August, the company won an […] Read more
BV Approves SolarDuck’s Offshore Solar Floating Tech Updated On Wed, Aug 25th, 2021 by Saurenergy French certification company Bureau Veritas (BV) has granted an Approval in Principle (AiP) to Dutch RE firm SolarDuck for its offshore floating solar solution ‘King Eider’. This is the first time such an approval has been granted to an offshore floating solar technology, marking the beginning of a new era for this form of renewable […] Read more
China’s Goldwind Earns 292.3 M Net Profit in H1 FY21 Updated On Tue, Aug 24th, 2021 by Saurenergy Beijing-based wind turbine manufacturer Goldwind has released interim results for 2021, reporting a net profit of around CNY 1.9 billion ($292.3 million) in the first half of the financial year. Officially known as Xinjiang Goldwind Science & Technology Co., Ltd., this state-owned multinational realised revenue of CNY 17.85 billion in H1 FY21. Gross profit was CNY 4.919 billion, […] Read more
AEML Supports MNRE’s Rooftop Solar Prog to Help Consumers Go Green Updated On Tue, Aug 24th, 2021 by Saurenergy Adani Electricity Mumbai Limited (AEML), in partnership with the Ministry of New and Renewable Energy (MNRE), is driving grid- connected rooftop program for its residential and housing society customers, who will get up to 40% subsidy on the project cost as a central financial assistance from MNRE, according to a report by the Free Press Journal, […] Read more
MSEDCL Issues Tenders for 800 MW Wind Projects Updated On Tue, Aug 24th, 2021 by Saurenergy The Maharashtra State Electricity Distribution Company (MSEDCL) has recently issued two requests for selection (RfS) to procure 500 MW of wind power from intra-state wind power projects and 300 MW of wind power from new grid-connected inter-state and intra-state wind projects. In total, MSEDCL will procure 800 MW wind power on a long-term basis through […] Read more
From Candles to lights: Impact of Rural electrification Updated On Mon, Aug 23rd, 2021 by Saurenergy Access to affordable electricity for each and every household is key for social and economic development. In India, millions of people still live without electricity in rural areas, but several schemes have been launched to bridge the gap between rural and urban areas. Electrification could be a panacea for several problems rural areas face as […] Read more
One Year On, Vedanta Emerges as Top Buyer On GTAM Market of IEX Updated On Mon, Aug 23rd, 2021 by Saurenergy Indian Energy Exchange, (IEX) celebrated the first anniversary of the start of trading on its its Green Term Ahead Market (GTAM) with a special conference. IEX informs us that the GTAM has cumulatively traded 2744 MU of renewable energy in its first year comprising of 1267 MU volume in the solar segment and 1477 MU […] Read more
Major CERC Judgement on Safeguard Duty Payment, Discount rate, Liability Updated On Mon, Aug 23rd, 2021 by Saurenergy In a detailed 97 page order, the Central Electricity Regulatory Commission has passed an order that covers multiple petitions filed by 34 solar power developers, SECI itself, and involving multiple discoms across the country. The CERC was forced to move to this format as the queries were broadly the same, and required to be settled […] Read more
RE Investment in India Bounces Back from COVID-19 Slowdown: IEEFA Updated On Mon, Aug 23rd, 2021 by Saurenergy Renewable energy investment is rising again in India following the slowdown in the previous financial year due to the onset of the COVID-19 pandemic, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). In the first four months of this financial year (FY), from April to July 2021, investment […] Read more