Pan IIT Alumni Network Organises EV Conclave to Reflect on E-Mobility Ecosystem Updated On Fri, Dec 9th, 2022 by Saurenergy To address the demand, difficulties, and opportunities in the engineering, production, and adoption of EVs, Pan IIT Alumni and Alumni Associations of IIT (BHU) Varanasi bodies organised “The Future Series, the EV Ecosystem Conclave” in Delhi. At the event, academics, policymakers, and experts from across the entire e-mobility ecosystem came together to discuss the importance […] Read more
PV Installs Explode Despite Obstacles, Jump 87 GW Updated On Mon, Oct 3rd, 2022 by Saurenergy Despite ongoing price increases on polysilicon and other commodities, rising costs, sanctions against China for using Uyghur forced labor to produce solar panels, not to mention the US Department of Commerce block in early 2022 due to antidumping accusations in Southeast Asia, solar installations are likely to increase by 38% year over year. This is […] Read more
IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects Updated On Tue, Aug 30th, 2022 by Saurenergy Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […] Read more
Rethink Energy Predicts An End To Polysilicon Pain In 2023 Updated On Tue, Aug 16th, 2022 by Saurenergy The price of polysilicon is to fall steeply from the start of 2023, according to new Rethink Energy research tracking production capacity expansion plans announced by 19 Chinese companies. That, if it happens, will indeed be a relief for a solar sector buffeted by price volatility since 2021, a lot of it linked to polysilicon […] Read more
MP, Rajasthan, Karnataka Lead In Power Subsidies Updated On Mon, Aug 8th, 2022 by Saurenergy According to data provided by the Power Ministry, subsidised electricity is being supplied to consumers in 27 states and Union territories. Further, as much as Rs 1.32 trillion (Rs 132,000 crores) in subsidies has been spent in the country in the financial year, 2020-21 financial year. Among all the states, Madhya Pradesh, Rajasthan and Karnataka […] Read more
Reliance’s Ambani Singles Out Green Initiatives As Game Changer In Message To Shareholders Updated On Mon, Aug 8th, 2022 by Saurenergy Mukesh Ambani, Chairman and Managing Director at Reliance Industries, in his annual message to shareholders, has highlighted progress on the group’s green energy initiatives as a key area to watch for the future. The group, which had announced a commitment to invest $10 billion into it’s new energy initiatives in 2021, has made significant progress […] Read more
300 MW Hybrid Project: MERC Approves Reduced Tarrif Of Rs 2.56/KWh Updated On Tue, Jul 12th, 2022 by Saurenergy Maharashtra Electricity Regulatory Commission (MERC) recently ordered that the voluntarily offered tariff of Rs. 2.56 per unit be applicable for supply of 300 MW RE wind-solar hybrid power by T.P. Saurya Limited (subsidiary of Tata Power) to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). A three-judge bench comprising Sanjay Kumar, IM Bohari and Mahesh Khullar, […] Read more
Preparing For Next Power Crisis, Section11 Of The Electricity Act Invoked Updated On Tue, Jul 5th, 2022 by Saurenergy The government has permitted imported coal-based power plants to sell any surplus electricity to other states. The emergency provision that was used in May of this year (2022) to get non-operational imported coal-based facilities to start generating electricity in the face of a substantial increase in demand has been clarified by the power ministry. If […] Read more
China Underlines Renewables Dominance With Best Ever Global Inverter Rankings Updated On Mon, Jul 4th, 2022 by Saurenergy Chinese inverter manufacturers have bagged 6 out of the top 10 spots in the 2021 rankings of global inverter majors by volumes shipped. The rankings, released by IHS Markit, will have come as no surprise to observers, having seen the strong push by these players over the past few years. The only surprise is within […] Read more
