Ajay Yadav Assumes Charge as Managing Director of SECI Updated On Wed, May 31st, 2023 by Saurenergy Miniratna Category-I Central Public Sector Enterprise (CPSE) Solar Energy Corporation of India (SECI) has appointed Ajay Yadav as its Managing Director. The newly appointed Managing Director served as an IAS officer from the 2005 batch of the Bihar cadre. SECI is the primary implementing agency of the Ministry of New and Renewable Energy, Government of […] Read more
Capgemini Offices in India Reach 100% Renewable Energy Updated On Wed, May 31st, 2023 by Saurenergy Multinational information technology services and consulting firm Capgemini has announced that its facilities in India are operating on 100 percent renewable energy (RE). This allows the firm to avoid over 70,000 tonnes of carbon emissions per annum. The firm transitioned to 100 percent renewable energy through onsite renewable energy generation, offsite renewable energy purchase through […] Read more
Suzlon Q4 FY23: Positive Net Worth After a Decade at INR 1,099 cr, 80% YoY Slide in Current Net Debt Updated On Wed, May 31st, 2023 by Saurenergy Renewable energy solutions provider Suzlon has released its fourth quarter (Q4 FY23) and annual audited results for financial year 2022‐23 (FY23). The firm has reported its revenue at INR 5,947 crores for FY23. For Q4 FY23, the number has been pegged at INR 1,690 crores. As for its EBITDA margins, it stands at 14% with […] Read more
RPC, Greenfield Collaborate To Deliver 500 MW Of UK Battery Storage Updated On Wed, May 31st, 2023 by Saurenergy London based clean energy majors Renewable Power Capital (RPC) and Greenfield have collaborated to develop at least 500 MW of battery storage in the United Kingdom to enhance energy transition of the island country. RPC and Greenfield also announced the acquisition of two projects by RPC from Greenfield having a total capacity of 83 MW. […] Read more
Regional Programmes Head SIDS (P3) Updated On Tue, May 30th, 2023 by Saurenergy Reporting to the Chief of Unit Programmes & Project Implementation or a designated officer, you will identify strategic program and project implementation opportunities for ISA in this sector (within SIDS). You will lead the identification, building, and establishment of partnerships, the preparation of funding proposals, organize and participate in meetings and workshops, and support the […] Read more
Growatt Bags Top Brand Award, Puts Forth Innovations & Solutions at SNEC 2023 Updated On Tue, May 30th, 2023 by Saurenergy A provider of distributed energy solutions, Growatt, has concluded its participation at the SNEC PV Power Expo in Shanghai. The firm bagged Top Brand PV 2023 award from EUPD Research on the platform, where it also showcased an array of energy solutions. The firm maintains that Top Brand PV 2023 award further solidifies Growatt’s leading […] Read more
RERC Asks Railways To Install ABT Meters To Avail Wind Energy From Rajasthan Updated On Tue, May 30th, 2023 by Saurenergy In its latest order, the Rajasthan Electricity Regulatory Commission (RERC) asked the Indian Railways to install ABT (Availability Based Tariff) Meters for hassle-free consumption of green energy from Rajasthan. ABT Meters are frequency-based price mechanisms mainly used when unscheduled electricity-related transactions occur. The RERC order came to the fore after the discoms in Rajasthan moved a […] Read more
ONGC Plans Rs 1 Lakh Crore Investment For Energy Transition Updated On Mon, May 29th, 2023 by Saurenergy State owned oil and gas producer ONGC has announced an investmen worth Rs 1 lakh crore by the end of this decade (2030) on energy transition projects. Most of the investments will be made on renewable energy projects. ONGC has already declared its target of achieving net zero carbon emissions by 2038. The fresh announcement […] Read more
Offshore Wind Projects Starting Before 2033 To Get 25 Years Of ISTS Waiver In India Updated On Mon, May 29th, 2023 by Saurenergy The Ministry of Power, in its latest notification, has allowed a 25-year waiver of Inter-State Transmission System (ISTS) charges for early starters of offshore wind power projects. As per the notification, all the offshore projects commissioned on or before December 31, 2032, would be eligible for the long-term waiver. Besides these, the notification also confirms that […] Read more
