ICRA Sees FY24 Ending On a Positive Note For RE, 20 GW Additions Projected For India Updated On Thu, Dec 7th, 2023 by Saurenergy Ratings and Research firm ICRA sounded an optimistic note in their December update, with hopes that overall renewable capacity additions in FY24 will touch 20 GW. That number, made up of 12 GW of solar, 2 GW of wind besides other RE sources, becomes even better for FY25. The firm expects solar to add 20 […] Read more
Dubai is Now Home to World’s Largest Concentrated Solar Power Project Updated On Thu, Dec 7th, 2023 by Saurenergy Dubai has inaugurated the world’s largest concentrated solar power (CSP), which is in the fourth phase of the city’s Mohammed bin Rashid Al Maktoum Solar Park and entails the capacity of 950 MW. The CSP project was unveiled by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler […] Read more
With Global Expansion, Solar PV Maker Qn-SOLAR Achieves 4.5GW Sales Updated On Thu, Dec 7th, 2023 by Saurenergy Chinese solar module manufacturer Qn-SOLAR achieved significant growth in 2023, surpassing 4.5 GW of global sales. The company expanded its market reach from Europe and Brazil to a global scale, including Europe, the Middle East, Asia-Pacific, North America, and South America. Qn-SOLAR has optimized its localization strategy by forming localized teams to support business expansion […] Read more
CERC Grants HPX Additional Time To Appoint MD, Independent Director Updated On Thu, Dec 7th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, asked the Hindustan Power Exchange Limited (HPX) to appoint a Managing Director and an Independent Director by the end of March 31, 2024. The order was passed to ensure CERC’s Power Market Regulations (PMR) 2021 compliance. The order came to the fore when the power exchange company […] Read more
NTPC Looks for Power Generators for Supply of 1500 MW Solar-Wind Projects Updated On Thu, Dec 7th, 2023 by Saurenergy NTPC Ltd. has issued a tender and invited online bids from eligible bidders on Single Stage Two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for the selection of hybrid power generators for the supply of 1500 MW power from ISTS connected -solar-wind hybrid power projects anywhere in India (NTPC-Tranche-IV) […] Read more
Aravind Kumar to Steer Magenta Mobility as Chief Financial Officer Updated On Thu, Dec 7th, 2023 by Saurenergy Electric mobility solutions provider, Magenta Mobility, has appointed Aravind Kumar S R as its Chief Financial Officer. The Chartered Accountant brings to the table 21 years of work experience and the skills acquired from the Executive General Management Programme at IIM Bangalore. Aravind Kumar has worked with firms such as Satyam Computers, Renault Nissan Technology […] Read more
Engie & Canadian Solar to Charge up UK Energy Storage Sector with 226 MWh BESS Updated On Thu, Dec 7th, 2023 by Saurenergy French utility firm Engie has joined hands with Canadian Solar’s storage arm, e-STORAGE for two battery projects located in Scotland. e-STORAGE will be responsible for delivering 226 MWh DC of turnkey energy storage solutions to Engie in Scotland. Under the EPC, (Engineering, Procurement, and Construction) agreement, e-STORAGE will construct the two energy storage projects, boasting […] Read more
GERC Seeks Consultants To Determine Banking Charges For RE Projects Updated On Wed, Dec 6th, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has now planned to impose banking charges against the generation of renewable energy in the state. To undertake the mission, the state commission has floated a tender seeking bids from consultants who can help the state commission in imposing the charges. The GERC, in its document mandated the consultants […] Read more
Bihar Launches Electric Vehicle Policy, Aims 15% Electrification By 2028 Updated On Wed, Dec 6th, 2023 by Saurenergy The Bihar Cabinet has now approved the latest Electric Vehicle Policy, aimed at boosting the growth of Electric Vehicles (EVs) in the state. This comes after several rounds of discussions of the provisions of the EV Policy. After getting the approval from the state cabinet, the dealers and consumers of electric vehicles in the state […] Read more
