News In Brief July 12: EV Forklifts At Vedanta, Losses At Chinese Solar Firms, Toledo Solar Shuts Updated On Fri, Jul 12th, 2024 by Saurenergy Vedanta Aluminium Adds 66 Units Of Electric Forklifts In Odisha Vedanta Aluminium has expanded its fleet of electric lithium-ion forklifts to 66 units with the additional 22 electric forklifts at its smelter operations in Jharsuguda, Odisha. Deployed across Vedanta Aluminium’s units in Jharsuguda and Lanjigarh in Odisha, as well as its BALCO smelter in Chhattisgarh, […] Read more
India’s Data Centre Boom Opens Up A Fresh Segment For Green Developers Updated On Mon, Jul 1st, 2024 by Saurenergy By-Tej Prakash Bharadwaj & Manish Kumar Notwithstanding the sluggish growth of data centres in India in the early 2000s, the advent and popularity of AI means that the data center sector in India is now set for a significant expansion matching its status as a regional power. With a total capacity of around 1,000 Megawatt […] Read more
GMDC, GUVNL Sign Energy Security Pact In Gujarat Updated On Wed, Jun 26th, 2024 by Saurenergy GUVNL and GMDC have collaborated for Development of the coal-based & Lignite power stations for Energy Security for Gujarat. This partnership underscores a collective dedication to bolster energy security through sustainable coal & lignite utilisation. Kanubhai Desai, Gujarat Minister of Finance, Energy & Petrochemical, said, “The signing of this MOU marks a historic milestone as […] Read more
Gender-Based Provisions Needed In State EV Policies, Says Report Updated On Mon, Jun 24th, 2024 by Saurenergy A latest report from New Delhi-based energy think tank OMI Foundation advocated for the inclusion of gender-based provisions to make jobs in the Indian electric mobility sector more inclusive. The report analysed the state policies and also the response of the electric mobility companies and brought to focus the role of women workforce in the […] Read more
How QCell Can Make Solar Module Production Sustainable? Updated On Thu, Jun 6th, 2024 by Saurenergy Solar energy is considered as one of the cleanest sources of energy and one of the most commercially viable technologies. In India, out of the 144 GW of renewable energy capacity (excluding large hydro), 57 percent (82 GW) comes from solar energy alone. The generation of solar energy primarily depends on the solar panels. However, […] Read more
Tata Power Results In Line With Expectations, Q4 Profits Up 18% Updated On Wed, May 8th, 2024 by Saurenergy Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24 Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […] Read more
CERC Terms SC Order On GIB As ‘Change Of Law’, Awards Compensation To Azure Updated On Mon, May 6th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in a significant judgment termed the 2021 Supreme Court order on the Great Indian Bustards (GIB) as a ‘Change of Law’ event. It also granted compensation to Azure Power Maple Private Limited on account of its alleged additional expenditures. The case came to light after the petitioner Azure Power […] Read more
Sterlite Wins Rs 7,000 Cr Orders During FY24, Witnesses 35% YoY Increase To FY 23 Updated On Tue, Apr 30th, 2024 by Saurenergy Sterlite Power, a power transmission developer as well as products & services provider, capped off a successful fiscal year (FY24) with new orders worth INR 2,500 crores for its Global Products and Services (GPS) business unit in Q4. This takes Sterlite’s cumulative order wins in FY24 to Rs 7,000 crores, representing a 35% year-on-year (YoY) […] Read more
NHPC Collaborates With Norwegian Firm To Develop Floating Solar Updated On Tue, Apr 30th, 2024 by Saurenergy NHPC recently signed a Memorandum of Understanding (MoU) with a Norway-based company Ocean Sun. Through this collaboration, the Norwegian technology provider would support India in building floating solar projects. In a social media post, the company announced it would explore key areas of cooperation for the demonstration of Ocean Sun’s floating solar energy technology. The […] Read more
