Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
ALMM Is Back, With Key Exemptions Updated On Sat, Feb 10th, 2024 by Saurenergy The Indian government has tried to strike a balance between key stakeholders with the restoration of the Approved List of Module Manufacturer (ALMM) conditions, albeit with some vital exemptions. In an order dated Feb 9, the Ministry for New and Renewable Energy (MNRE) confirmed that ALMM will be reimposed from April 1, 2024, after being […] Read more
More Than 2.95 Lakh Off-Grid Solar Water Pumps Installed Under PM-KUSUM, Parliament Told Updated On Fri, Feb 9th, 2024 by Saurenergy Centre today apprised the Parliament that over 2.95 lakh standalone off-grid solar water pumps have been successfully installed as part of the PM-KUSUM scheme. Union Minister for New & Renewable Energy and Power, RK Singh, in a written reply to a question in the Lok Sabha said that 2.95 lakh water pumps functioning on a […] Read more
NREL, JSW, Solarcraft Emerged Winners For SJVN’s 1500 MW Solar Tender Updated On Fri, Feb 9th, 2024 by Saurenergy NTPC Renewable Energy Limited (NREL), JSW, Solarcraft, and some other solar power developers bagged recent orders from a 1500 MW solar power tender auctions undertaken by SJVN Limited. While Solarcraft Power India emerged as the bidder with the lower tariff of Rs 2.52/kWh, others that bagged the order included GRT Jewelers (India), Furies Solren, JSW […] Read more
USFR To Invest $700 Million In OffShore Wind Projects On US East Coast Updated On Thu, Feb 8th, 2024 by Saurenergy US-based manufacturer of steel components US Forged Rings Inc. (USFR) today announced a $700M investment in the US offshore wind industry to construct a tower fabrication facility and a steel forging plant. The company will use these two facilities to service the growing domestic offshore wind market, filling a critical supply chain gap for offshore […] Read more
Statkraft Begins 519 MW Brazilian Wind Farm; It’s Largest Outside Europe Updated On Thu, Feb 8th, 2024 by Saurenergy Statkraft has announced the inauguration of its largest wind farm outside Europe – the 519 MW Ventos de Santa Eugênia Wind Complex – that is now coming up in Bahia, Brazil. Also, it is among the first hybrid projects in Brazil once the planned solar farm of 163 MW is added to optimise energy production. […] Read more
IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
Growatt Supplies Residential PV Solutions To Pune Apartment Updated On Wed, Feb 7th, 2024 by Saurenergy Energy solutions company Growatt recently unveiled a 350kW rooftop PV project for a prominent apartment, Rohan Kritika at Pune in Maharashtra. Growatt, meanwhile, has provided products and services to families across 180 countries and regions globally. Last year, they successfully empowered many homes, businesses, and communities in India. Rohan Kritika has several attractive amenities, tranquil […] Read more
GoodWe’s India Story Shines With 3GW Milestone, UT350kW Launch Updated On Wed, Feb 7th, 2024 by Saurenergy Global inverter major GoodWe, which has over 52GW of installations worldwide, celebrated its India success story in style recently in Bengaluru. At an exclusive event titled “Unveiling a New Era in Solar Excellence” on February 2, 2024, at The Leela Palace in Bengaluru the firm formally showcased its latest UT350kW product for the Indian solar […] Read more
