33 GW Pumped Hydro Storage Projects to be Set Up in Andhra Pradesh Updated On Mon, Aug 16th, 2021 by Saurenergy The Andhra Pradesh energy department will install Pumped Hydro Storage Power Projects (PSP), with 33.24 GW total capacity, across 1.45 lakh acres in Kadapa, Kurnool and Anantapur districts. Energy secretary Srikant Nagulapalli believes these pumped hydro storage power will improve the power supply position in the state. “These will enable the consumers to get quality […] Read more
Sterling and Wilson Solar Q1 Results. Underwhelming Updated On Mon, Aug 16th, 2021 by Saurenergy Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the leading solar EPC and O&M solutions provider, announced its unaudited financial results for the quarter ended 30th June 2021. The Company’s consolidated revenue from operations for Q1FY22 stood at Rs. 1,195 crore and adjusted gross margins stood at Rs 28 […] Read more
PM’s I Day Speech-Is India Hurting Itself By Thinking Too Far Ahead? Updated On Mon, Aug 16th, 2021 by Saurenergy Prime Minister Narendra Modi, who has a somewhat well earned reputation for making momentous announcements on days when he is the focus of attention, did not disappoint when it came to his Independence day speech. Calling for the country to be free of energy imports by 2047, he went on to announce a National Hydrogen […] Read more
CERC Permits SolarArise Subsidiary to get GST Compensation Updated On Sat, Aug 14th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ruled in favour of Talettutayi Solar Projects One Pvt. Limited (TSPPL), a subsidiary of Gurugram-based SolarArise, directing Solar Energy Corporation of India Limited (SECI) to pay the solar developer compensation for the increased cost of a project, excluding carrying cost, due to the implementation of the GST laws […] Read more
Lead Engineer – EDGE Controls Updated On Fri, Aug 13th, 2021 by Saurenergy Systems engineering is a cross-functional engineering discipline centered on an approach, mindset, and process. All activities that consider both the business and the technical needs of the customers with the goal of providing a quality product that meets the users needs. The discipline that executes a robust process of design, creation, and optimization of systems, […] Read more
TPREL Commissions 100 MW Solar Project At Raghanesda, Gujarat Updated On Fri, Aug 13th, 2021 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power has successfully commissioned 100 MW Solar Power project at Raghanesda Solar Park, Gujarat. This project is another landmark for TPREL, as in the first year of its operation, the 100MW plant is expected to generate 255 million units. Raghanesda Solar Park, located […] Read more
APTEL Swayed By Solar Developer’s Appeal Of Financial Distress Updated On Fri, Aug 13th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has issued a new order in favour of Sahasradhara Energy Private Limited, allowing the interim financial relief sought by the developer that the Uttar Pradesh New and Renewable Energy Development Agency (UPNREDA), Uttar Pradesh Electricity Regulatory Commission (UPERC), and Uttar Pradesh Power Corporation Ltd (UPPCL) had aggressively opposed. In 2015, […] Read more
Appliance Maker Stovekraft Is Greener With Solar Power Now Updated On Fri, Aug 13th, 2021 by Saurenergy Bangalore-headquartered manufacturer of cooking appliances, Stovekraft Ltd., has announced on Thursday to produce clean energy and cutting down its carbon footprints. The firm has gone green by installing a solar rooftop PV system with higher efficiency mono PERC 535/540Wp PV Module at its Bangalore factory. The factory is spread across 16 acres and has more […] Read more
Azure Power Secures Green Bond of US$41.4 Million At Lowest Coupon of 3.575% Updated On Fri, Aug 13th, 2021 by Saurenergy Indian independent power producer (IPP), Azure Power Global Limited announced the issuance of a dollar green bond of US$414,000,000, through its wholly-owned subsidiary, Azure Power Energy Ltd. The Bond, maturing in 2026, will be issued at a coupon of 3.575%, i.e., the lowest ever coupon in the high-yield segment for any business out of India […] Read more