GERC Revises Tariff To Rs 2.57 For 700 MW Project Between SECI, GUVNL Updated On Wed, Feb 21st, 2024 by Saurenergy Gujarat Electricity Regulation Commission (GERC) recently approved the power usage agreement signed by Gujarat Urja Vikas Nigam Limited (GUVNL) with Solar Energy Corporation of India Limited (SECIL). The agreement was undertaken for procurement of 700 MW power from their solar PV power plant that is to be set up under Ministry of New and Renewable […] Read more
IREDA To Establish Subsidiary For Retail Finance Updated On Wed, Feb 21st, 2024 by Saurenergy In a clear sign of its determination to go it alone if required for achieving solar rooftop targets, the Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), Pradip Kumar Das has confirmed IREDA’s plans for establishing a subsidiary to cater to retail projects encompassing Rooftop Solar, PM-KUSUM, Electric Vehicles, and other […] Read more
Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023 Updated On Tue, Feb 20th, 2024 by Saurenergy Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […] Read more
Assam Cuts Electric Vehicle Tax By 2 Percent Updated On Mon, Feb 19th, 2024 by Saurenergy Assam Government introduced 2% reduction in Motor Vehicle Tax and exemptions on registration fees for new electric vehicles in its recently released budget document for the 2024-25 session. State Government reviewed their commitment in last year’s budget, “The Apun Bahan scheme has been launched, providing male employees a 2% interest subsidy for diesel/petrol vehicles and […] Read more
Vattenfall Inks Deal With Evonik To Supply Solar Power For Chemical Production in Germany Updated On Mon, Feb 19th, 2024 by Saurenergy Germany-based energy supplier company Vattenfall has signed a PPA with specialty chemicals company Evonik that concluded new long-term electricity supply contracts. From 2025, two Vattenfall solar parks in Schleswig-Holstein will supply Evonik with around 120 gigawatt hours of solar power per year for chemical production. The contracts have a term of ten years and fixed […] Read more
Tata Communications In 18.75 MWac Deal For Solar With TPREL Updated On Wed, Feb 14th, 2024 by Saurenergy Tata Power Renewable Energy Limited (TPREL), one of India’s largest integrated power companies and a subsidiary of The Tata Power Company Limited, has signed a power delivery agreement with Tata Communications Limited (Tata Communications), a leading communications technology (commtech) player, for an 18.75 MW AC group captive solar power plant. The project, facilitated through a […] Read more
Avangrid, Amazon Partner For 98.4 MW Wind Project In Oregon Updated On Tue, Feb 13th, 2024 by Saurenergy Avangrid, a sustainable energy company and member of the Iberdrola Group, recently announced the signing of a new power purchase agreement (PPA) with Amazon to source renewable energy from an Avangrid wind farm located in Gilliam County, Oregon. The Amazon Wind Farm Oregon – Leaning Juniper IIA will have a capacity of 98.4 MW. “We […] Read more
Aptel Nod For CERC Jurisdiction In Case Between AP Discoms, SECI and Others Updated On Tue, Feb 13th, 2024 by Saurenergy In an interesting order, the Appellate Tribunal for Electricity (APTEL), has ruled on a dispute between the Andhra Pradesh discoms (Southern Power Distribution Company of Andhra Pradesh and Eastern Power Distribution Company of Andhra Pradesh) and the Central Electricity Regulatory Commission (CERC). The case involved a claim by SECI for GST compensation from the discoms, […] Read more
Business Developer Updated On Mon, Feb 12th, 2024 by Saurenergy The position is located at Delhi NCR region, from where you frequently travel throughout India. You report directly to the director of our Indian subsidiary and are assisted by our French team when needed. You have a key position in our Indian subsidiary. Your will be in charge of developing our portfolio of solar projects […] Read more
