Adani Green Energy Q1 Results Deliver Record Revenues, Profits Over Year Ago No’s Updated On Wed, Aug 4th, 2021 by Saurenergy Adani Green Energy Ltd. [“AGEL”], a part of the Adani Group, today announced the financial results for the quarter ended June 30, 2021. The Operational Performance Snapshot for the period is as follows. Particulars Quarterly performance Q1 FY22 Q1 FY21 % Change Total Income 1,079 878 23% Revenue from Power Supply 848 609 39% Total […] Read more
These 5 Firms Moved To Solar in 2021. How Many Will Follow? Updated On Wed, Aug 4th, 2021 by Saurenergy Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […] Read more
Tata Cleantech Report On The Indian Renewable Open Access Landscape Updated On Wed, Aug 4th, 2021 by Saurenergy A joint venture between Tata Capital Limited and International Finance Corporation (World Bank Group), Tata Cleantech Capital Ltd (TCCL), has made a report on the market trends and state comparatives of Indian Renewable Open Access. Globally, commercial and industrial (C&I) consumers, or corporates, account for 64% of the total electricity consumption. Under open access electricity […] Read more
Simple Energy To Produce 1 Million E-scooter Units Annually at TN Plant Updated On Wed, Aug 4th, 2021 by Saurenergy Bengaluru-based electric two-wheeler (E2W) maker Simple Energy has announced setting up its new production plant at Hosur, Tamil Nadu. Simple Energy‘s Hosur production plant will be developed around 200,000 sq ft and have a production capacity of up to 1 million units annually. The production plant is also expected to create 1,000 jobs, according to […] Read more
Kajaria To Invest Rs. 264 Lakhs For Captive Solar Power Consumption Updated On Tue, Aug 3rd, 2021 by Saurenergy India’s ceramic wall and floor tile manufacturing company, Kajaria Ceramics Ltd. has announced to invest Rs. 264 Lakhs in an SPV for solar power captive consumption. In a meeting today, the Board of Directors (BoD) of Kajaria Ceramics Ltd. have approved investing up to Rs. 264 Lakhs in an SPV (Special Purpose Vehicle) for solar […] Read more
Corporates Almost Match Utilities As Solar Installs Hit New High In the US Updated On Tue, Aug 3rd, 2021 by Saurenergy A report by the American Clean Power Association (ACPA) highlights the key role played by corporate demand in solar power, with the 2020 numbers as reference. Residential rooftop continues to provide a strong support to the market on the back of state subsidies. In 2020, the amount of solar installed in the US was 4000% […] Read more
Solis Seminar, Episode 27 : How does a single-phase inverter connect to split-phase grid Updated On Mon, Aug 2nd, 2021 by Saurenergy Background In some special countries and regions, the grid structure involves split-phase grid, but if there is no split-phase inverter when installing PV system, can the conventional single-phase inverter be connected to the grid? What problems should we pay attention to? We will share them with you in this Solis seminar. About 120V/240V Split Phase […] Read more
Andhra Pradesh to Switch Auto-rickshaws into Electric under ‘Go Electric’ Campaign Updated On Mon, Aug 2nd, 2021 by Saurenergy The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has launched a pilot project to convert the holy city, Tirupati into a Zero-emission city. Under the pilot project, NREDCAP will ramp up the electric vehicle (EV) adoption in the city by introducing more EVs and charging infrastructure. The project involves introducing three electric […] Read more
Key Policy Challenges To a Thriving C&I Market for Solar In India Updated On Mon, Aug 2nd, 2021 by Saurenergy The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […] Read more