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
Cement Firm & Adani Foundation Install 20 HP Solar Lift Irrigation Systems Updated On Thu, Nov 2nd, 2023 by Saurenergy ACC, the cement and building material firm of the diversified Adani Group has installed 20 HP solar lift irrigation systems, covering a total area of 55-60 acres in the Bohardhi village, Bilaspur. The primary objective of this project aims to address the water scarcity issue faced by marginal farmers, providing them with a reliable source […] 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
TotalEnergies Starts 380 MW Utility-Scale Solar Plant with Battery Storage in Texas Updated On Thu, Nov 2nd, 2023 by Saurenergy French Energy major TotalEnergies has started commercial operations of Myrtle Solar, its utility-scale operated solar farm in the United States. Located south of Houston, Texas, Myrtle has a capacity of 380 megawatts peak (MWp) of solar production and 225 MWh of co-located batteries. With 705,000 ground-mounted photovoltaic panels installed over an area equivalent to 1,800 American football […] 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
Electrical Surveyor / Electrical Engineer Updated On Wed, Nov 1st, 2023 by Saurenergy DNV is seeking a highly motivated and dedicated Electrical Surveyor / Electrical Engineer to join our Indian OIT (Offshore Infrastructure and Technology) team. This role will be a permanent position in Mumbai, India. He/she shall be performing various assurance, verification, and advisory tasks for a broad range of customers throughout the entire value chain on- and offshore […] Read more
Lead – System Studies Updated On Wed, Nov 1st, 2023 by Saurenergy FACTS PDG part of Grid Solutions, a GE Renewable Energy business, delivers high power (>100MVAr) Flexible AC Transmission Systems (FACTS) as Static Synchronous Compensators (STATCOM) and Static Var Compensators (SVC), Fixed Series Capacitors (FSC) and Synchronous Condensers (SC) systems. These FACTS devices are used to control power system voltage and reactive power flow, also typically […] Read more
Tata Power Appoints Deepesh Nanda As CEO & MD of TPREL Updated On Wed, Nov 1st, 2023 by Saurenergy Tata Power, one of India’s largest integrated power companies, today announced the appointment of Deepesh Nanda as President-Renewables and CEO & MD of Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, with effect from November 1, 2023. Nanda brings with him 28 years of experience across companies like GE, Flowserve and Tyco. […] Read more
US Five Offshore Wind Projects Can Power 1.75 million Homes: Report Updated On Wed, Nov 1st, 2023 by Saurenergy The Biden-Harris administration recently approved the ‘Coastal Virginia Offshore Wind’ (CVOW) commercial project. This is the fifth approval of a commercial-scale, offshore wind energy project under President Biden’s leadership. This announcement supports the administration’s goal of deploying 30 Gigawatts (GW) of offshore wind energy capacity by 2030. Some other projects approved under this are the […] Read more
