Q3 Results: GE Vernova Falls Short On Offshore Wind, Hits Onshore Targets Updated On Thu, Oct 24th, 2024 by Saurenergy GE Vernova Inc., a US-based wind energy company, secured $1.7 billion in orders in the third quarter ending September 30, 2024. The company reported a 19% organic decrease, attributing the drop to lower Onshore Wind equipment orders outside of North America. GE Vernova generated $2.9 billion in revenue, down 1% organically. Losses increased due to […] Read more
Is India Ready To Welcome Its Largest Ever Wind Turbines? Updated On Wed, Oct 23rd, 2024 by Saurenergy Dongfang Electric Corporation, a Chinese wind turbine manufacturer, made waves in the global wind market this month by launching the world’s largest wind turbine, with a capacity of 26 MW. This massive turbine was specifically designed for a wind project near Fujian in China. Chinese manufacturers are widely recognized for producing some of the largest […] Read more
Apprentice Updated On Tue, Oct 22nd, 2024 by Saurenergy Operate equipment used in the manufacturing of photovoltaic solar modules. Conduct shop floor activities necessary to maintain safety, quality and throughput of all aspects of the module manufacturing operation. Setup and operate Vapor Transport Deposition (VTD), and sputter coater equipment, and selected Series 7 equipment as necessary. Assist in the installation and qualification of manufacturing […] Read more
Achieving Universal Energy Access by 2030: Can It Be Done? Updated On Mon, Oct 21st, 2024 by Saurenergy Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […] Read more
CERC Takes Into Account PSPs, Offshore Wind, Changes Transmission Rules Updated On Mon, Oct 21st, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) has made changes to the rules about how costs are shared for using the Inter–State Electricity Transmission System (ISTS) These new rules have been named CERC (Sharing of Inter-State Transmission Charges and Losses) (Fourth Amendment) Regulations, 2024. For power plants that connect to both the national (inter-State) and local […] Read more
India’s Coal Sector Need Rs. 3,29,651 Cr Investment For Green Makeover: iForest Updated On Mon, Oct 21st, 2024 by Saurenergy Internationally, countries like the United Kingdom (UK) have recently shut down their last coal power plant. India, despite being the third largest emitter globally, simply cannot follow suit, even as it has established its first committee to develop a just transition framework. This framework aims to prepare guidelines for the government to transition away from […] Read more
Azure Completes Rs 2400 cr Refinancing Updated On Thu, Oct 17th, 2024 by Saurenergy Azure Power Global Limited, has announced the successful completion of its ₹24 billion refinancing transaction, structured as an INR Term Loan underwritten solely by REC Limited. Following this transaction, the company has successfully prepaid its Green Bonds, originally issued in 2019 for $350 million and backed by 10 solar projects commissioned between 2016 and 2019. […] Read more
JSW, Tata, Avaada, Juniper Winners Of 1,650 MW MSEDCL Hybrid Bid Updated On Wed, Oct 16th, 2024 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has now announced the winners for its 1,650 MW wind-solar hybrid project tender. It awarded the project to four successful bidders, namely JSW Neo Energy (JSW Energy), Tata Power Renewable Energy, Avaada Energy, and Juniper Green Energy. With the conclusion of Maharashtra State Electricity Distribution Company Limited […] Read more
Govt Should Relax DCR Mandate Temporarily For PM Surya Ghar: IEEFA Updated On Wed, Oct 16th, 2024 by Saurenergy A latest report from the International Energy Economics and Financial Analysis (IEEFA) and JMK Research advocated for temporarily relaxing the mandate of Domestic Content Requirement (DCR) under PM Surya Ghar scheme. The suggestion was one of the key recommendations of the joint report which analysed the performance and challenges under PM Surya Ghar scheme. The […] Read more
