Discom Debt Rises to Over Rs 109,000 crore in March: Power Ministry Updated On Thu, Mar 31st, 2022 by Saurenergy The PRAAPTI portal of the Ministry of Power has revealed the debt of the power distribution companies is rising fast. Overall Discom debt levels, far from dropping, continues to rise. PRAAPTI stands for Payment Ratification and analysis in power procurement for bringing transparency in invoicing of generators. The data reveals that at the end of […] Read more
British Intl Invt invests $89 M to scale renewable energy in India Updated On Thu, Mar 31st, 2022 by Saurenergy British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […] Read more
Karnataka Renewable Energy Policy Approved By State Cabinet Updated On Thu, Mar 31st, 2022 by Saurenergy The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […] Read more
Jinko Solar Lays Claim As First To Deliver 100GW Solar Panels Updated On Thu, Mar 31st, 2022 by Saurenergy One of the world’s leading solar module manufacturers, Jinko Solar has announced that it has delivered 100GW of solar modules globally thereby becoming the first company in history to achieve this milestone. It claims that one out of every ten solar modules installed in the world is produced by Jinko Solar. The official statement reads […] Read more
Altus Power Signs $600 M Deal with Trammell Crow for Rooftop Solar Updated On Wed, Mar 30th, 2022 by Saurenergy Solar power developer Altus Power has signed a deal with commercial real-estate player Trammell Crow Co., under which Altus will install solar panels on 35 million square feet of industrial property in the United States. This is the biggest partnership forged by Altus since its inception in 2009, says the company. Lars Norell, Co-Chief Executive […] Read more
Bulgaria May Add 4.9 GW of Renewable Energy by 2031 Updated On Wed, Mar 30th, 2022 by Saurenergy According to a draft plan created by the Electricity System Operator (ESO), the transmission authority of Bulgaria, the country is expected to see an increase of 5.9 GW in the overall national power capacity by 2031. Out of this, 4.9 GW is expected to come from renewable sources. The ESO document says that the total […] Read more
SECI Floats tender for 44 MW solar projects in Telangana Updated On Wed, Mar 30th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has issued an EPC tender to invite bids for the development of 44 MW of solar projects, along with 10 years of O&M at Singareni Collieries Company Limited (SCCL), Telangana. FULL SCOPE OF THE PROJECT: Tender for Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 44 MW (AC) […] Read more
Global wind & solar power growth on track to meet climate targets: report Updated On Wed, Mar 30th, 2022 by Saurenergy Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030, independent climate think tank Ember said in a report on Wednesday. Solar generation rose 23% globally in 2021, while wind supply gained 14% over the same period. Together, […] Read more
Tata Power, Rustomjee Group collaborate for EV charging infrastructure in Mumbai Updated On Wed, Mar 30th, 2022 by Saurenergy Tata Power has announced that it has tied up with Rustomjee Group, a real estate developer, to install end-to-end electric vehicle (EV) charging solutions in all residential and commercial projects in Mumbai Metropolitan Region (MMR). Tata Power will set up dedicated EV charging facilities for the residents of Rustomjee Group properties in Mumbai MMR, enabling […] Read more
