Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23 Updated On Thu, May 4th, 2023 by Saurenergy Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Tata Power said that its PAT rose […] Read more
ANERT Establishes First Solar Plant in Kerala for Solar-Powered Cold Storage & Backup Updated On Thu, May 4th, 2023 by Saurenergy Kerala has welcomed its first 10mt solar-powered cold storage with a backup of 36 hours. The 7kw solar plant has been launched by Minister of Electricity, Kerala, K.Krishnankutty. The project is valued at Rs 25 L. The project has been inaugurated by the Agency for Non-Conventional Energy and Rural Technology (ANERT). Thr solar cold storage […] Read more
SJVN Wins 200 MW Grid Connected Solar Power Project in Gujarat Updated On Thu, May 4th, 2023 by Saurenergy Satluj Jal Vidyut Nigam (SJVN Ltd) has bagged a 200 MW grid connected solar power project in Khavda Solar Park, Gujarat. The project has been won through e-reverse auction via competitive bidding. The open competitive tariff bidding was conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). SJVN won the whole capacity of 200 MW it […] Read more
Power Grid (PGCIL) Issues Tender For 2.5 GW Solar Power Supply In Bidar-Karnataka Updated On Thu, May 4th, 2023 by Saurenergy The Power Grid Corporation of India Ltd (PGCIL) has issued tender for the development of transmission line package or 765 kV class Reactor package for pooling station at Bidar under Transmission Scheme for Solar Energy Zone in Bidar (2500 MW), Karnataka. The successful bidder in the PGCIL tender will be responsible for project’s designing, engineering, […] Read more
KKR Purchases $550 Million Loan Of SunPower Updated On Thu, May 4th, 2023 by Saurenergy North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […] Read more
Large Offshore Wind Turbines Leading To Unsustainable Market Risks, Says Report Updated On Wed, May 3rd, 2023 by Saurenergy A recent report by GCube, a leading underwriter for renewable energy projects, claims that all is not well with the deployment of large wind offshore turbines. The report titled “Vertical Limit: When is bigger not better in offshore wind’s race to scale?” talks about several market vulnerabilities created by using the latest technology meant to […] Read more
MNRE Allows Time Extension For Solar/Hybrid Projects Only In ‘Genuine Cases’ Updated On Wed, May 3rd, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a fresh order to act against erring renewable energy project developers who willfully delay clean energy projects and ask for relaxations on commissioning dates. In its latest Order, the ministry said it gave the renewable energy implementing agencies like SECI, NTPC, and NHPC the power […] Read more
Long Duration Storage With Lithium Batteries Gets a Boost With RWE Bid In Australia Updated On Wed, May 3rd, 2023 by Saurenergy RWE Renewables, a German-based energy company, has now bagged a tender in New South Wales (NSW) in Australia to offer long-term energy storage systems. The company had earlier bid for its proposed eight-hour-long battery storage systems. However, by quoting lower than pumped storage, the firm has opened up a slew of possibilities on the utility […] Read more
KSERC Allows Cochin Port Authority To Re-Tender For 1.5MWp Floating Solar Updated On Wed, May 3rd, 2023 by Saurenergy The Kerala State Electricity Regulatory Commission (KSERC) has allowed Cochin Port Authority to re-tender for the development of 1.5 MWp Grid Connected Floating Solar PV plant at Willingdon Island of the Port Authority under RESCO Model (BOOT) for 25 years. The court also allowed PPA for the 1.5 MWp Floating Solar and grid-connection of the […] Read more
