Tata Power-DDL Achieves RPO Compliance Third Time in a Row Updated On Thu, Aug 10th, 2023 by Saurenergy Tata Power Delhi Distribution Limited (Tata Power-DDL), a power utility that supplies electricity to a populace of 7 million in North Delhi and Northwest Delhi, has announced that it has fulfilled Renewable Purchase Obligation (RPO) for the third consecutive year. The company sourced 2600 million units of green power in FY 2022-23 from various sources […] Read more
Off-Grid RE Power Electrified 2,762 Indian Villages: Govt Updated On Thu, Aug 10th, 2023 by Saurenergy In its latest statement before the Lok Sabha, the Ministry of New and Renewable Energy (MNRE) said that 2,762 villages in India were electrified with off-grid renewable energy solutions. The announcement comes less than a fortnight after a report in The Washington Post flagged the ‘failure’ of India’s mini-grids or off grid energy set up, […] Read more
BluPine Wins 100 MW & ACME Bags 500 MW in RUVNL Tender Updated On Thu, Aug 10th, 2023 by Saurenergy Rajasthan Urja Vikas Nigam Limited’s (RUVNL’s) tender for the development of 1200 MW of solar with storage projects has declared BluPine Energy and ACME as winners. While BluPine bagged a quantity of 100 MW at INR 6.68/Kwh, ACME won 500 MW out of the quoted 600 MW at INR 6.69/kWh. The auction was held in […] Read more
Tata Power Reports 29% Growth In PAT In Q1 YoY Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […] Read more
Adani’s 5.2 MW Onshore Wind Turbine A Step Closer To Launch Updated On Wed, Aug 9th, 2023 by Saurenergy The Adani group’s much anticipated 5.2 MW wind turbine being built at Mundhra, Gujarat, is close to a formal unveiling. Touted as the country’s largest wind turbine and one of the largest on-shore machines in the world when ready, the machine is being built with technology from W2E Wind to Energy GmbH of Germany. Till […] Read more
LOHUM & Vecmocon Partner to Power 100,000 LIB-Enabled EVs Updated On Wed, Aug 9th, 2023 by Saurenergy Producer of sustainable energy transition materials and Vecmocon, an Indian EV intelligence company backed by Tiger Global & Blume Ventures, have partnered to accelerate EV battery adoption and enable easy financing. The partnership aims to accelerate second-life battery use and power 100,000 LIB-enabled EVs over two years with AI-powered Battery Management System (BMS) by determining […] Read more
Tata Power Signs MoU With Maharashtra For 2800 MW of PSP Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power has signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop Pumped Hydro Storage Projects (PSP) with a combined capacity of 2800 MW. The power firm said these projects will likely see an investment of around Rs 1300 crore. The company shared the information in its latest filing before the Bombay Stock Exchange […] Read more
Lower Auction Volumes, Supply Chain Challenges May Slowdown 20% of India’s PV Capacity Additions in ’23: IEA Updated On Tue, Aug 8th, 2023 by Saurenergy The IEA (International Energy Agency), in its latest study, “Renewable Energy Market Update 2023 & 2024” has offered significant insights on worldwide markets in the renewable segment. The revelations of the report are as follows- Global Renewable Capacity Additions As per the report, the global renewable capacity additions are set to soar by 107 gigawatts […] Read more
Rockefeller Foundation Refutes Washington Post Story On India’s ‘Dysfunctional’ Mini-Grids Updated On Tue, Aug 8th, 2023 by Saurenergy Last week, July 31st to be exact, a story in the Washington Post on India’s rural solar mini-grids grabbed a lot of attention. Authored by Karishma Mehrotra, the paper’s South Asia correspondent, the story headlined “India joins rush to renewables, but its rural solar systems fall off grid” was a clear indictment of India’s solar […] Read more
