Adani Green Energy Q1 Results Deliver Record Revenues, Profits Over Year Ago No’s Updated On Wed, Aug 4th, 2021 by Saurenergy Adani Green Energy Ltd. [“AGEL”], a part of the Adani Group, today announced the financial results for the quarter ended June 30, 2021. The Operational Performance Snapshot for the period is as follows. Particulars Quarterly performance Q1 FY22 Q1 FY21 % Change Total Income 1,079 878 23% Revenue from Power Supply 848 609 39% Total […] Read more
Vestas to Supply 16 Turbines to 58 MW Wind Farm in NSW Updated On Wed, Aug 4th, 2021 by Saurenergy Danish wind turbine maker Vestas and its partner Global Power Generation, a subsidiary of the multinational power company Naturgy Group, have secured a 58 MW deal for Crookwell 3 Wind Farm in New South Wales, Australia. The project will feature sixteen V126-3.45 MW wind turbines in 3.6 MW operating mode which Vestas will supply and […] Read more
Tata Cleantech Report On The Indian Renewable Open Access Landscape Updated On Wed, Aug 4th, 2021 by Saurenergy A joint venture between Tata Capital Limited and International Finance Corporation (World Bank Group), Tata Cleantech Capital Ltd (TCCL), has made a report on the market trends and state comparatives of Indian Renewable Open Access. Globally, commercial and industrial (C&I) consumers, or corporates, account for 64% of the total electricity consumption. Under open access electricity […] Read more
PV-driven Microbial Foods Can Produce Sustainable Agriculture: Study Updated On Wed, Aug 4th, 2021 by Saurenergy A group of researchers has demonstrated that using solar energy to produce nutrient-rich microbes can have the twin benefits of increasing food production in an environmentally sustainable way. Scientists at the Göttingen University in Germany examined large-scale production of microbial biomass by combining ground-mounted photovoltaics, air, water, and nutrients. Their findings were published in the paper […] Read more
APTEL Orders Rs 8.40/unit Payment to Karnataka Developer, Reversing KERC Order Updated On Wed, Aug 4th, 2021 by Saurenergy In a major win for developer Clearsky Solar Private Limited (CSPL), the Appellate Tribunal for Electricity (APTEL) has ruled in favour of the solar developer and directed Gulbarga Electricity Supply Company Limited (GESCOM) to pay it compensation on account of delays in the commercial operation of a solar project in Karnataka. The present ruling came […] Read more
Indian Government Allocated Rs. 756.66 Crore Under FAME Scheme till June 2021 Updated On Tue, Aug 3rd, 2021 by Saurenergy The government has allocated over Rs. 756.66 crores under the FAME scheme, out of which Rs. 53.27 crores have been utilized till June 2021. The Indian Government launched the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme on April 1, 2015, to promote electric vehicles (EV) in the country. Its second phase, […] Read more
Omega Seiki To Invest Rs. 100 Crore for EV Manufacturing Unit in UP Updated On Mon, Aug 2nd, 2021 by Saurenergy A member of the Anglian Omega Group, Omega Seiki Mobility (OSM), has signed a Memorandum of Understanding (MoU) with Youth Rural Entrepreneur Foundation (YREF) to set up an electric vehicle (EV) manufacturing facility in Ghazipur, Uttar Pradesh. The Indian OEM has also announced to invest Rs 100 crore for the EV manufacturing unit in the […] Read more
JSW Energy Partners with Australian Firm To Develop Green Hydrogen Projects Updated On Mon, Aug 2nd, 2021 by Saurenergy JSW Energy’s wholly-owned subsidiary, JSW Future Energy Ltd. has partnered with an Australian firm Fortescue Future Industries (FFI), to explore opportunities to develop green hydrogen projects in India. Under the agreement, FFI and JSW Energy will collaborate and work on potential projects for the production of green hydrogen and explore opportunities to utilize it for […] Read more
CI NMF Commits $100 M to RE Investments with Amp Energy India Updated On Mon, Aug 2nd, 2021 by Saurenergy RE-focussed fund management company Copenhagen Infrastructure Partners (CIP) has signed an investment agreement through its Copenhagen Infrastructure New Markets Fund I (CI NMF) with Amp Energy India Private Limited. The agreement enables joint equity investments in excess of USD 200 million in renewable energy projects in India, with the potential for future expansion. Amp India […] Read more
