RPO Target for 2022-23 to Continue in Absence of Clear Target for 2023-24: WBERC Updated On Fri, Nov 3rd, 2023 by Saurenergy While most States have specified Renewable Purchase Obligation (RPO) targets for 2023 to 2024, West Bengal has not mentioned its RPO goal for said time period. The absence of a clear RPO target for the year 2023-2024 has been challenged before the WBERC (West Bengal Electricity Regulation Commission). The WBERC had last specified the RPO […] Read more
IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23 Updated On Fri, Nov 3rd, 2023 by Saurenergy The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […] Read more
Australian Fund Plans Polysilicon Manufacturing Hub, Launches Supply Chain Tracking Platform Updated On Thu, Nov 2nd, 2023 by Saurenergy Quinbrook Infrastructure Partners, a Queensland, Australia, based investment firm with a special focus on the energy transition, has announced an ambitious plan to establish a polysilicon manufacturing facility in Australia. The move, said to involve investments of $8 billion comes with the firm claiming that land for the project has already been identified in Townsville, […] Read more
UAE Rising: Top 5 Reasons Why This Gulf State Is A Renewable Leader Updated On Wed, Nov 1st, 2023 by Saurenergy The United Arab Emirates (UAE), one of the smallest members of the OPEC cartel, and among Arab nations, continues to remain one of the world’s energy powerhouses. While ranking 116th in size, the country has continued to retain a rank as the world’s 8th largest producer of crude oil. But the country is making headlines […] Read more
US Bipartisan Infra Law To Create $8.3bn In12 Years: DOE Updated On Wed, Nov 1st, 2023 by Saurenergy The Department of Energy (DOE) in the United State recently announced Twin States Clean Energy Link, the National Grid’s proposed transmission project. This project will support New England’s climate, clean energy, and energy security goals. This was selected as one of three projects nationwide to receive investment through the US Bipartisan Infrastructure Law’s Transmission Facilitation […] Read more
Servotech Sees Revenue Growth of 115.2% in Q2 FY24 Against Q2 FY23 Updated On Tue, Oct 31st, 2023 by Saurenergy Servotech Power Systems Ltd. (NSE: SERVOTECH), a manufacturer of solar products and electric vehicle (EV) chargers, as well as power-backup and smart power solutions, has disclosed its financial performance for the quarter ending September 30, 2023 during the Board of Directors meeting on October 30, 2023. The firm witnessed a revenue growth of 115.2% pegged […] Read more
SJVN Arm Calls Bids for Projects of 1465 MW Aggregate Capacity Updated On Tue, Oct 31st, 2023 by Saurenergy SJVN Green Energy Limited (a wholly owned subsidiary of SJVN Limited) invites online bids from eligible bidders on two stage (stage-1: techno-commercial bid and stage-2: price bid) for the manufacture and supply of solar PV modules of total 1465 MWp capacity for solar power projects to be installed at various states of India. The projects […] Read more
RE In Infrastructure Will Rise From 22% in 2020 to 29% in 2030: IRENA Updated On Tue, Oct 31st, 2023 by Saurenergy COP28, IRENA (International Renewable Energy Agency) and Global Renewables Alliance outlined a roadmap at Pre-COP. They estimate that countries are likely to fast-track energy transition by tripling renewable power and doubling energy efficiency by 2030. At the COP28 Presidency, International Renewable Energy Agency (IRENA) and Global Renewables Alliance published a joint report outlining key enablers […] Read more
Will Start Indian Manufacturing Unit Soon: Kumar Shailendra, Sol Bright Updated On Tue, Oct 31st, 2023 by Saurenergy How much technological progress has the firm made since 2013? In the sector of dry cleaning robots, we are the inventors of this technology. Around 2013, we invested in this technology. From 2013 to 2023, we moved from Gen-I robots to Gen-VI robots. Now, we are offering Gen-VI robots. It resulted from the experiences and […] Read more
