Tata Power Net Profit Swells by 71% Signifying Comprehensive Growth Updated On Thu, Feb 10th, 2022 by Saurenergy The third quarter results of Tata Power in the current financial year is out and the company has posted a staggering 71% rise in the consolidated profits against the corresponding period of the previous fiscal. The renewable portfolio in terms of profit after tax (PAT) grew by 107% – all credit to their solar expansion. […] Read more
Ecoppia to Supply Cleaning Robots to Actis Solar Plant in Andhra Pradesh Updated On Wed, Feb 9th, 2022 by Saurenergy Israel-based Ecoppia, which provides robotic cleaning solutions for photovoltaic solar, has announced another project of 150MW with Sprng Energy, a company owned by investment platform Actis. Ecoppia robots will be deployed at Sprng Solar’s Ananthapuram project in Andhra Pradesh in Q2 2022. Actis had initially engaged with Ecoppia back in 2017, installing the fully autonomous robots at 4 different solar […] Read more
ReNew Power Commissions Gujarat’s 1st Wind-Solar Hybrid Plant Updated On Wed, Feb 9th, 2022 by Saurenergy Indian green firm ReNew Power has commissioned Gujarat’s first wind-solar hybrid project. The plant is set up at the Chlor-Alkali unit of Grasim Industries Ltd., Vilayat district, Bharuch, Gujarat. The official statement of the company says that the first phase of the hybrid project, with 17.6 MW commercial-scale wind-solar, commenced operations last week and is […] Read more
Powerledger Wins Award for Its Distributed Solar Electricity Project in UP Updated On Mon, Feb 7th, 2022 by Saurenergy Australian technology company Powerledger has won an award from World Summit Awards for their work in promoting distributed electricity in Uttar Pradesh, India. The WSA scheme recognises digital applications that have a strong positive impact on society, and out of 8000 entries, the software company was singled out for its promise of bringing electricity to […] Read more
IIT-D Researchers Develop More Efficient Solar PV Towers Updated On Mon, Feb 7th, 2022 by Saurenergy Researchers at Indian Institute of Technology Delhi (IIT-D) have developed highly efficient, shadowless and auto rotating solar PV towers for photovoltaic power generation in a particular area throughout the day. According to the institute, the “non-mechanical” and “mechanical” tracking solar PV towers with reflection concentration are viable for all Indian seasons with high energy density. […] Read more
RES Diversifies Asset Management Business Through Blueshore Acquisition Updated On Mon, Feb 7th, 2022 by Saurenergy UK-based RES, has announced the acquisition of Australia based Blueshore, an asset management business with 1.6GW of assets under management. The move doubles RES’ asset management portfolio in Australia to over 3GW. Blueshore provides commercial, technical and financial asset management services for solar and wind energy assets alongside the provision of portfolio management services to […] Read more
APTEL Favors Solar Developers On Tariff Denial by BERC Updated On Thu, Feb 3rd, 2022 by Saurenergy In a recent judgement, the Appellate Tribunal for Electricity (APTEL) has ruled in favour of three solar developers who were aggrieved on account of being denied the benefit of a certain tariff determination by an order passed by Bihar State Electricity Regulatory Commission (BERC). The developers — Responce Renewable Energy Ltd, Glatt Solutions Pvt Ltd, […] Read more
Solar O&M Market Set To Grow to $15 billion By 2030-Woodmac Updated On Tue, Feb 1st, 2022 by Saurenergy Global non-residential solar operations and maintenance (O&M) spend is expected to hit US$15 billion by 2030. But new research from global energy consultancy Wood Mackenzie (Woodmac) indicates that increasingly competitive auction prices, coupled with rising labour and supply chain costs, mean service vendors face challenges to stay profitable. Leila Garcia da Fonseca, senior manager, Wind […] Read more
Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch Updated On Tue, Feb 1st, 2022 by Saurenergy Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […] Read more
