Cosmic Aims To Tap Offshore Market To Offer OEM Services: Shravan Gupta, Cosmic PV Power Updated On Fri, Nov 3rd, 2023 by Saurenergy How has the journey of Cosmic been in the last two years? In the last two years, our journey was quite fascinating. We are growing at a 100 percent growth rate. The growth rate was even higher when the Approved List of Module Manufacturing (ALMM) provisions were in place which safeguarded the interests of Indian […] Read more
Sterlite Power Demerges Transmission & Products Business Updated On Fri, Nov 3rd, 2023 by Saurenergy Sterlite Power Transmission Limited (SPTL), a power transmission developer and solutions provider in India and Brazil, has announced the strategic decision to demerge its power transmission infrastructure business (BOT model), spread across India and Brazil. The demerged SPTL entity will continue to hold the global products and specialised EPC services business as well as the […] Read more
IRA Can Lead To Creation of 4L Jobs In US, Says Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report analysing the performance of the Inflation Reduction Act (IRA), in the US in the first-year claimed that the move could lead to the creation more than 400,000 new jobs and hundreds of billions of dollars of investments. The report was released by E2 a business group. It shared the update on the […] Read more
Heating Device That Uses Renewable Energy In High Altitude Areas Updated On Fri, Nov 3rd, 2023 by Saurenergy Hyderabad based WindStream Technologies, which offers hybrid solar and wind patented products, has joined hands with the Centre for Energy Research (CER) towards the establishment of a collaborative framework for the development, production, and promotion of a modular room heating device, Sustainable Excess Energy Generator (SEEGeN). Designed with Super Metals, the product has applicability in […] 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
We Can Enter The C&I Inverter Segment Too If We Find The Market Suitable: Dipen Patel, Green Brilliance Updated On Thu, Nov 2nd, 2023 by Saurenergy Green Brilliance, a solar module manufacturer based out of Gujarat, has been into the manufacturing sector for the past 50 years. It also manufactures various types of current transformers, PTs, CRTs, and CSS which cater to the solar industry as well as the general electrical industry. Dipen Patel, Director, Green Brilliance talks to Saur Energy […] Read more
Aland Island Set for Large-Scale Integrated Renewable Energy Updated On Thu, Nov 2nd, 2023 by Saurenergy Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an ambitious integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and other local anchored value creating activities on Åland. CIP, through Copenhagen Energy Islands, Lhyfe and Flexens have jointly launched the Åland Energy Island project. The project will […] Read more
Can’t Impose Licensing of Power Generation Under The Garb Of Approval: RERC Updated On Thu, Nov 2nd, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest judgment, reiterated that discoms should not make attempts to impose licensing of power generation under the garb of approvals. The State Commission said that such moves could dilute the reforms made under the Electricity Act of 20023. “Delicensing of the generating plants and captive plants was one of […] Read more
NTPC Issues Tender for Supply of 3000 MW Firm & Dispatchable Renewable Power Updated On Thu, Nov 2nd, 2023 by Saurenergy NTPC has issued a tender for the selection of renewable energy power generators for the supply of 3000 MW firm and dispatchable power from ISTS-connected renewable energy power projects anywhere in India (NTPC-tranche-II) on Build-Own-Operate basis anywhere in India. The last date for receipt of bids comprising both technical and financial bid is December 12, […] Read more