TATA Power’s Q4 FY21 Results: Revenues Jump 50% Updated On Fri, May 14th, 2021 by Saurenergy Mumbai-based electric utility company Tata Power Limited released its financial results for the fourth quarter of FY21 ended March 31, 2021, announcing a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore (Rs 474.70 crore in the year-ago period), due to saving in finance cost offset by an exceptional gain […] Read more
Industry Welcomes Cabinet Approval for PLI Scheme for ACC Battery Storage Updated On Fri, May 14th, 2021 by Saurenergy IESA and its member companies have welcomed the Cabinet’s approval of the PLI Scheme on Advanced Chemistry Cell (ACC) Battery Storage India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and its member companies have welcomed the Cabinet’s approval on the proposal by the Department of Heavy Industry for implementation of […] Read more
PLI Scheme for Battery Storage Will Lower Cost of EVs in India: SMEV Updated On Fri, May 14th, 2021 by Saurenergy SMEV has said that the PLI scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) The Society of Manufacturers of Electric Vehicles (SMEV) has said that the production linked incentive (PLI) scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) thereby […] Read more
MNRE Grants Conditional Extension for RE Projects due to 2nd Wave of COVID Updated On Fri, May 14th, 2021 by Saurenergy MNRE has decided that RE projects with SCD on or after April 1, 2021, will be eligible to claim a time extension for completion of work. The Ministry of New and Renewable Energy (MNRE) has notified that after considering the representations received from project developers and stakeholders, it has been decided that as a measure […] Read more
Borosil Renewables Bags National Award 2021 for Technology Development Updated On Wed, May 12th, 2021 by Saurenergy India’s first and only domestic solar glass manufacturer, Borosil Renewables has grabbed the National Award for Successful Commercialisation 2021. The award has been given under the best technology development category for its masterpieces including 2mm fully tempered solar glass, Shakti: Solar glass in matt finish, Selene: Anti-glare solar glass for PV installations near the airport. […] Read more
Swedish Company Exeger Raises USD 38 Million in Debt Financing Updated On Wed, May 12th, 2021 by Saurenergy Sweden’s Exeger announced today that it has secured USD 20 million in debt financing from Swedbank and Swedish Export Credit Corporation (SEK). The company, which produces Powerfoyle, a unique solar cell technology that transforms all forms of light into clean, endless energy, has also secured USD 18 million through a directed share issue to Ilija Batljan […] Read more
Suncor and ATCO Partner to Produce Clean Hydrogen in Alberta Updated On Wed, May 12th, 2021 by Saurenergy Two Canadian energy companies, Suncor and ATCO have announced that they will be working together to build a clean hydrogen project near Fort Saskatchewan, Alberta with an estimate to produce 300,000 tonnes of clean hydrogen per year. The clean hydrogen project is in the early stages of developments including design and engineering. This project would […] Read more
Azure Power’s Petition for GST Compensation Dismissed by MERC Updated On Wed, May 12th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) recently heard a petition filed by Azure Power Thirty Four Private Limited (APTFPL), which sought INR 22,52,61,708 in compensation for “increase in costs” due to a change in the rate of Goods & Services Tax (GST) following a notification issued by the Ministry of Finance in December 2018. APTFPL tried […] Read more
Engineer- Project Development Updated On Wed, May 12th, 2021 by Saurenergy Vector Green Energy Private Limited are in search of 3-4 engineers who are having experience in Solar Project Development. Qualification: BE/ B. Tech or Equivalent Experience: Minimum 3-4 Years of relevant Experience in solar projects (Land Acquisition and Project approvals) Location: Gujarat, Karnataka, Chhattisgarh (Minimum 1 person at each location) Key Responsibilities: To manage end […] Read more
