For Net Zero India Needs 494 GWs Of Solar & Wind Capacity By 2030: Bloomberg NEF Updated On Thu, Sep 5th, 2024 by Saurenergy The New Energy Outlook report released by Bloomberg NEF at its Indian event says India needs more than 4 terawatts of wind and solar capacity installation by 2050 for the Net Zero Scenario. Power demand is projected to grow six fold during the period. Moreover, the report also calls for over $12 trillion investment and […] Read more
MERC Declines MSEDCL’s Plea To Not Allow Virtual Net Meters Updated On Tue, Sep 3rd, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest notification decided to stick to its plan to roll out the facility of virtual net-metering for residential consumers especially living in multi-storeyed buildings. The state power regulator in its discussion on a draft regulation on the issue ruled out the pleas of the Maharashtra discom and […] Read more
Q1 Results: Tata Power Sees 31% Growth In Net Profits Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis. The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […] Read more
JSW Energy Reports 80% Rise In Net Profits In Q1 Updated On Sun, Jul 21st, 2024 by Saurenergy JSW Energy has published its latest financial results for the first quarter of Financial Year 2024-25. The information submitted by the company before BSE revealed that the company has raised its net profit by around 80 percent on a Year-on-Year (YoY) basis. As per the details, the company reported a total Profit After Tax (PAT) […] Read more
News Briefs July 9: Largest BESS In Netherlands, Vietnam Green Policy, Thai Solar Deal Updated On Tue, Jul 9th, 2024 by Saurenergy Netherlands ‘largest’ co-located BESS Commissioned By Powerfield Dutch independent power producer (IPP) PowerField has commissioned a 52MWh BESS at a PV plant. Co-located with a 28MWp solar PV plant, the battery is supposed to be the largest in Netherlands. The solar and storage project in Wannepervee combines 28MWp of solar with a 52MWh BESS. The […] Read more
Records Continue to Follow Actor Manoj Kumar With Solar Generation At Mumbai Residence Updated On Thu, May 9th, 2024 by Saurenergy Manoj Kumar, the yesteryear Bollywood hero known for the patriotic themes of his films, is still setting an example for the rest of his countrymen. By adopting a sustainable source of energy for his family’s needs. By integrating renewable energy into their societal commitments, the Kumar family has set an example for tinsel town’s many […] Read more
Bihar Set To Expand Its Network Of Floating Solar Plants Updated On Mon, Apr 22nd, 2024 by Saurenergy Bihar, one of the renewable deficit regions in India is now working on alternative plans to boost its renewable energy mix. The state has now pinned hopes on the potential of its water bodies to generate electricity. The eastern Indian state which already has worked to develop floating solar plants in Darbhanga and Supaul high […] Read more
ReNew Announces Q3 Results With Net Loss Of Rs 3,216 Million Updated On Wed, Feb 21st, 2024 by Saurenergy Gurugram based ReNew Energy Global Plc, a leading decarbonization solutions company, has announced its unaudited consolidated IFRS results for the third quarter of FY-2024 and nine months ended December 31, 2023. ReNew has released the operating highlights. The firm says that as of December 31, 2023, the portfolio of ReNew consisted of 13.8 GW, of […] Read more
JSERC Brings Regulation For Group Net Metering & Virtual Net Metering In Jharkhand Updated On Mon, Feb 12th, 2024 by Saurenergy Jharkhand State Electricity Regulatory Commission (JSERC) recently released its (Group Net Metering and Virtual Net Metering) Regulations, 2024. Jharkhand State Electricity Regulatory Commission regulates the net metering and virtual net metering in the state, describe these concepts, their application to the consumers and redress their grievances. JSERC notification stated, “Group Net Metering’ is an arrangement in […] Read more
