NTPC Renewables Report Card: The State of The PSU’s Renewable Efforts Updated On Wed, Dec 7th, 2022 by Saurenergy India’s national generator, NTPC, works for and is under the ownership of the Ministry of Power, Government of India. It is engaged in the generation of electricity and allied activities. The company is positioned at the helm of the Indian power sector and is the largest power producer in the country. NTPC is also actively […] Read more
Chiripal Group Bets Big On Solar Manufacturing For Long Term Sustainability Updated On Wed, Dec 7th, 2022 by Saurenergy Gujarat based diversified industrial group Chiripal Group, which has existing interests in textiles, petrochemicals, education, polyfilms and financing, Chiripal Renewables recently founded Grew Energy Pvt Ltd, a company that will produce solar components. With this entry into the renewable energy industry the group has acknowledged the scale of the opportunity in renewable energy, particularly solar […] Read more
Nexus Energy Partners with Green-e to Offer Certified Renewable Energy Option Updated On Wed, Dec 7th, 2022 by Saurenergy North America based power marketing firm Nexus Energy has announced that it is enhancing its sustainability-focused product offerings to include the Nexus Renewable Energy Certificate (REC) program, certified by the non-profit Center for Resource Solutions’ Green-e Energy program which is a global leader in clean energy certification. Alvin Tang, CEO, Nexus Energy, said, “Nexus Energy […] Read more
Follow the Money, As Funding Shifts Completely to Renewables Over Coal in 2021 Updated On Wed, Dec 7th, 2022 by Saurenergy A study titled “Financiers Prefer Wind And Solar Over Coal” has been released by CFA (Center For Financial Accountability). According to the Coal vs. Renewables Financial Analysis 2022, L&T Finance overtook SBI as the largest financier of renewable energy project financing in 2021. The annual energy finance conference co-hosted by CFA and IIT Madras saw […] Read more
Adani Green Operationalises Third Hybrid Power Plant In Rajasthan Updated On Wed, Dec 7th, 2022 by Saurenergy The Adani Group’s renewable energy company, Adani Green Energy Ltd. (AGEL), recently announced that its third hybrid power plant in Rajasthan, with a 450 megawatt capacity, had been placed into operation. Adani Green Energy’s hybrid plant, with a total 1,440 MW capacity, has the greatest operational hybrid power producing capacity. The third wind-solar hybrid power […] Read more
In Key Judgement, CERC Lays To Rest GST Impact On O&M Costs For Developers Updated On Tue, Dec 6th, 2022 by Saurenergy In a significant order last week, the Central Electricity Regulatory Commission (CERC) has finally or seemingly put to rest all doubts on the applicability of the ‘Change in law’ provisions on O&M costs for developers. The Central regulatory authority did this even as it clubbed multiple petitions around the issue from various developers, and after […] Read more
Float by eBikeGo Reimagines EV in Hospitality Updated On Tue, Dec 6th, 2022 by Saurenergy Noida-based eBikeGo electric two-wheeler mobility platform will soon introduce a new business model called “Float by eBikeGo”. This is an initiative to provide EV two-wheelers for visitors at various hotels and resorts in tourist areas. The tourism industry has recovered and experienced tremendous development following the simultaneous lockdown caused by the COVID 19 pandemic in […] Read more
SECI Payout of Rs 804 Cr to Solar & Wind Developers for Oct Sees 10% Slide Since Sep Updated On Tue, Dec 6th, 2022 by Saurenergy Payments totaling Rs 804 crore were made to solar and wind power producers by the Solar Energy Corporation of India (SECI) for the power it purchased in October 2022. The amount is almost 10% less than what was paid out in September. Against its power purchases, the agency had released Rs 893 crore. Nearly 88% […] Read more
Vivid Solaire’s Plea to Align LTA with Revised SCOD of Project Shot Down by CERC Updated On Tue, Dec 6th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has rejected the petition of Vivid Solaire Energy Private Limited to reconsider Long-Term Access (LTA) to coincide with the revised SCOD of project and waive the transmission charges. In its petition, the Pune-based firm had filed a petition seeking a waiver for the levy of transmission charges by CTUIL […] Read more
