Wind Repowering in India Waits for a Favourable Wind Updated On Mon, Feb 28th, 2022 by Saurenergy The benefits of solar and wind energy as clean alternatives to oil, coal and gas are well established globally. Though many countries started their solar journey early, India’s solar-energy build-up has been consistently gathering momentum over the last decade, with the last five years seeing a sharp spurt. The wind energy sector, on the other […] Read more
Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
Explained: EV Subsidies, Incentives Offered by Center and States in India Updated On Thu, Feb 24th, 2022 by Saurenergy Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambitious 2030 […] Read more
Azure Power refinances its 600 MW solar project Updated On Wed, Feb 23rd, 2022 by Saurenergy Azure Power Global Limited has said that it has refinanced its 600 MW solar power project – which is based in the state of Rajasthan – at the lowest rate of interest in its portfolio up to the present time. The company statement says that it has successfully refinanced its existing project finance facility of […] Read more
Virescent to acquire Godawari Green Energy’s 50 MW solar thermal plant Updated On Wed, Feb 23rd, 2022 by Saurenergy Godawari Power and Ispat Limited (GPIL) is on the verge of selling its 50-megawatt (MW) solar based thermal power plant to new entrant Virescent Infrastructure Investment Manager in the coming days. The senior leadership has held that the size of the total deal is about Rs 665 crore. The key reason forwarded by the company […] Read more
Settle CIL Case with SECI Directly, Not in Court, CERC tells Adani Solar Updated On Mon, Feb 21st, 2022 by Saurenergy The Central Electricity Regulatory Commission has declined to accord the ‘in-principle approval’ sought by Adani Solar for a ‘Change in Law’ event with regards to its PPA with SECI for a 50 MW solar plant in Rajasthan. In November 2018, Adani Solar Energy Four Private Limited (formerly known as Kilaj Solar (Maharashtra) Private Limited) (ASEFPL) entered […] Read more
Indian Oil Says New Policy to Cut Green H2 Cost by 40-50% Updated On Mon, Feb 21st, 2022 by Saurenergy Largest Indian oil firm IOC will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units as it sees the just announced green hydrogen policy as a watershed moment in the country’s energy transition that will help cut costs. SSV Ramakumar, Director for Research and Development at Indian […] Read more
Canopus Launches Electric Scooters in India Updated On Fri, Feb 18th, 2022 by Saurenergy Canopus has launched four new models of electric scooters in India. To begin with, 4 models will be launched namely – Aurora, Scarlett, Colette and Valeria. The e-scooters are fitted with CAMIVT technology for transmission, FOC technology for Controller, tailor-made motor and an efficient energy conservation system. The vehicles are expected to be available in the market by March 2022. The […] Read more
Oriano to Set Up 70 MWp Phase I of Chhattisgarh Solar Project Updated On Thu, Feb 17th, 2022 by Saurenergy Indian utility scale solar power development & EPC company Oriano has announced an order win for a major captive solar project under C&I segment in Chhattisgarh. The total project capacity accumulates to 168 MWp and the first phase of 70 MWp will be commissioned by mid-April 2022 to be evacuated at 132 kV. Balance capacity […] Read more
