IREDA Reports Net NPA Reduction, Profit Jump In Q1 Fy24 Updated On Wed, Aug 16th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has reported an all-time high Quarterly Profit After Tax (PAT) of Rs. 295 crores and Profit Before Tax (PBT) of Rs. 440 crores in the 1st Quarter […] Read more
Our Energy Storage Unit A Better Alternative To Li-Ion Batteries: Vijay Prateik, CEO, DeMITasse Energy Updated On Wed, Aug 16th, 2023 by Saurenergy Vijay Prateik is the Co-founder and Chief Executive Officer (CEO) of DeMITasse Energies. Prateik is an alumnus of IIT-Bombay and the Massachusetts Institute of Technology (MIT). His company was also incubated at IIM-Bangalore. His startup, founded in 2016, uses thermo-chemical mechanisms for storing energy for longer durations. It claims that the firm’s technology can aid […] Read more
Solar Aided In Electrification of 4.1 L Households Under ‘Saubhagya’: Govt Updated On Mon, Aug 14th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh, in his recent reply before the Lok Sabha, said that around 1.64 percent (4.1 lakh) of the rural and urban household-level electrification works undertaken under the Saubhagya scheme was done with the help of solar energy. “As reported by the States/UTs, a total of 2.86 crore […] Read more
Maharashtra Plans To Use Solar For 50% of Its Agri Power Demand Updated On Mon, Aug 14th, 2023 by Saurenergy The Maharashtra government is now planning to use solar energy to cater to 50 percent of the power demand of its agricultural sector in the state. The Maharashtra State Electricity Distribution Company Ltd (MSEDCL), in its latest petition before the Maharashtra Electricity Regulatory Commission (MERC), disclosed this plan. MSEDCL has planned to procure 7,000 MW of solar […] Read more
SECI Issues RFS for 1300 MW Wind Power Projects Updated On Mon, Aug 14th, 2023 by Saurenergy SECI has issued an RfS for 1300 MW ISTS-connected Wind Power Projects (SECI-Tranche-XV). The tender has been issued under the standard bidding guidelines. The total capacity of 1300 MW will be awarded for injection at ISTS substations in the 3 (three) states, viz., Tamil Nadu, Telangana and Madhya Pradesh. The maximum capacities to be awarded […] Read more
India Added 2 GW Of Wind Energy In First 7 Months Of 2023 Updated On Mon, Aug 14th, 2023 by Saurenergy An analysis of India’s monthly installed capacity data for the last two years, released by the Central Electricity Authority (CEA), revealed that wind energy continues to see upward growth. Its growth is quite evident in the first seven months of 2023 compared to its performance during the same period in 2022. On the other hand, […] Read more
AmpIn Energy Joins Hands with JCAPCPL for 2.8 MWp Solar Project Updated On Mon, Aug 14th, 2023 by Saurenergy AmpIn Energy Transition, a renewable energy IPP and energy transition platform has entered into a 25-year Power Purchase Agreement (PPA) with JCAPCPL (a JV between Tata Steel & Nippon Steel) to supply 2.8 MWp of solar energy for its plant in Jamshedpur. Ujjal Chakraborti, Managing Director of JCAPCPL, and Pinaki Bhattacharyya, Managing Director and CEO […] Read more
Servotech Signs MoU with UP Govt for EV Charger Manufacturing Plant in Uttar Pradesh Updated On Mon, Aug 14th, 2023 by Saurenergy EV charger manufacturer Servotech Power Systems Ltd. has signed an MoU with the Government of Uttar Pradesh to set up an EV charger manufacturing plant in the state along with backward integration. The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by […] Read more
DEWA Picks Masdar to Manage 1.8GW Mohammed bin Rashid Al Maktoum Solar Park Phase 6 Updated On Mon, Aug 14th, 2023 by Saurenergy Dubai Electricity and Water Authority (DEWA) has selected the state-owned renewable energy firm Masdar for the construction and management of the 1,800-megawatt (MW) phase 6 of the Mohammed bin Rashid Al Maktoum Solar Park. Reportedly, Saeed Mohammed Al-Tayer, DEWA’s managing director and CEO made the announcement. The project will be built at an estimated cost […] Read more
