NTPC Q1 Results, Revenues up 43% YoY, Profits up 15% Updated On Fri, Jul 29th, 2022 by Saurenergy NTPC Limited, India’s largest power generator and the engine of it’s future renewable growth plans, has reported results for the Q1 of FY 23. The consolidated results have come out with a strong topline growth in revenues, even as profit growth was somewhat muted, due to the impact of higher input costs, especially coal. At […] Read more
Total Eren Launches Ambitious Wind Farm Project Updated On Fri, Jul 29th, 2022 by Saurenergy Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced the launch of the construction and successful financial close of the Parang Project, which entails a 16.7 MW wind farm, set up together with its partners WEEN E&S and Korea Midland Power (KOMIPO). The Project has been co-developed by Total […] Read more
APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
MERC Turns Down Tata Power Petition Seeking Approval Of Part Commissioning Of Wind Power Project Updated On Fri, Jul 22nd, 2022 by Saurenergy The Petition Tata Power Ltd- Distribution (TPC- D) had filed a petition on March 31, 2022 seeking relaxation of the Request for Selection (RFS) norm and approval for the partial commissioning of 96.15 MW of wind power from a 225 MW Long Term Hybrid Project (RPO). The MERC Mandate As per the mandate of […] Read more
Delta Crosses 6000 EV Charger Deployment Milestone in India Updated On Wed, Jul 20th, 2022 by Saurenergy Taiwan-based power and thermal management solutions manufacturer, Delta has announced that they have cumulatively delivered over 6000 electric vehicle (EV) charger to customers in India. According to Delta, this 6000 EV charger deployed initiative was made possible by close collaboration with key players in the EV charging infrastructure market, including major charge point operators like […] Read more
Anaergia To Build ‘Manure to Renewable Energy’ Plant In Japan Updated On Tue, Jul 19th, 2022 by Saurenergy Canada-based clean energy and recycling player Anaergia is putting cow manure to a great use by producing electricity out of it. The company has announced plans to set up a biogas plant in Kasaoka, Okayama for Toyo Energy Solution Co. The facility will produce renewable electricity using biogas made by anaerobically digesting cow manure from […] Read more
India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData Updated On Mon, Jul 18th, 2022 by Saurenergy A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […] Read more
Rise To Establish Largest Power Plant Of New York As An RE Hub Updated On Mon, Jul 18th, 2022 by Saurenergy Rise Light & Power has revealed that it has set sights on the redevelopment of the Ravenswood Generating Station, which is New York City’s largest power generator, into a new renewable energy hub. This initiative will aid the city to reach its nation-leading climate goals. The conversion of the plant will also help the city […] Read more
UKA, Nordex Intensify Collaboration On 500 MW Wind Projects Updated On Wed, Jul 13th, 2022 by Saurenergy UKA and Nordex Group have announced extending their collaboration for a further two years to continue their existing partnership. Together, the two encompass a total of 80 wind turbine generators that generate a capacity of close to 500 MW. UKA is among the top three wind farm developers in Germany while Nordex Group is a […] Read more