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
We Can Enter The C&I Inverter Segment Too If We Find The Market Suitable: Dipen Patel, Green Brilliance Updated On Thu, Nov 2nd, 2023 by Saurenergy Green Brilliance, a solar module manufacturer based out of Gujarat, has been into the manufacturing sector for the past 50 years. It also manufactures various types of current transformers, PTs, CRTs, and CSS which cater to the solar industry as well as the general electrical industry. Dipen Patel, Director, Green Brilliance talks to Saur Energy […] 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
NTPC Issues Tender for Supply of 3000 MW Firm & Dispatchable Renewable Power Updated On Thu, Nov 2nd, 2023 by Saurenergy NTPC has issued a tender for the selection of renewable energy power generators for the supply of 3000 MW firm and dispatchable power from ISTS-connected renewable energy power projects anywhere in India (NTPC-tranche-II) on Build-Own-Operate basis anywhere in India. The last date for receipt of bids comprising both technical and financial bid is December 12, […] 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
UAE Rising: Top 5 Reasons Why This Gulf State Is A Renewable Leader Updated On Wed, Nov 1st, 2023 by Saurenergy The United Arab Emirates (UAE), one of the smallest members of the OPEC cartel, and among Arab nations, continues to remain one of the world’s energy powerhouses. While ranking 116th in size, the country has continued to retain a rank as the world’s 8th largest producer of crude oil. But the country is making headlines […] 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
US Bipartisan Infra Law To Create $8.3bn In12 Years: DOE Updated On Wed, Nov 1st, 2023 by Saurenergy The Department of Energy (DOE) in the United State recently announced Twin States Clean Energy Link, the National Grid’s proposed transmission project. This project will support New England’s climate, clean energy, and energy security goals. This was selected as one of three projects nationwide to receive investment through the US Bipartisan Infrastructure Law’s Transmission Facilitation […] Read more
