India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData Updated On Mon, Jul 18th, 2022 by Saurenergy A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […] Read more
Enphase Energy Joins Hands With Trinity Care Foundation To Support Its ISEIDP Program Updated On Thu, Jul 14th, 2022 by Saurenergy The commissioning of its first project with Trinity Care Foundation’s (TCF) Integrated School Educational Infrastructure Development Program (ISEIDP) has been announced by California-based microinverter manufacturer Enphase Energy. This program is a step by Enphase India in the direction of Corporate Social Responsibility (CSR). The pilot project was launched recently at Karnataka Public School in Kudur, […] Read more
Tata Power’s 600 MW Hybrid Tender Work A Step Closer To Start With Grant OF LOA Updated On Thu, Jul 14th, 2022 by Saurenergy TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Solar Energy Corporation of India (SECI) for setting up a 600 MW hybrid (wind and solar) power project in Karnataka. The letter was awarded through tariff-based competitive bidding followed by an e-Reverse auction. The project will be […] Read more
Syngene Announces Acquisition of 26% Stake in Ampyr Updated On Wed, Jul 13th, 2022 by Saurenergy The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […] Read more
CEEW & Villgro Join Hands to Foster SHSPs In Villages Updated On Wed, Jul 13th, 2022 by Saurenergy A USD 3 million initiative introduction by Council On Energy, Environment & Water (CEEW) and Villgro, one of the world’s largest social enterprise, Powering Livelihoods is paving the way to bring clean energy-based solutions to the rural economy in a gender-inclusive manner. Powering Livelihoods works with enterprises developing innovative appliances, such as Sub-HP solar pumps, […] Read more
Delhi’s Roads Get New 200 EV Three Wheelers From Three Wheels United Updated On Wed, Jul 6th, 2022 by Saurenergy Karnataka-based EV tech-enhanced financier, Three Wheels United (TWU) is strengthening its presence in the Delhi EV industry with the deployment of 200 EV three-wheelers in its fleet. To make the transition from conventional to EV three-wheelers as seamless as possible, Three Wheels United has been actively engaging with Delhi auto-rickshaw drivers over the past few […] Read more
IEX Power Trading Update for June 2022 Updated On Tue, Jul 5th, 2022 by Saurenergy The Indian Energy Exchange achieved 8267 MU volume in June ’22 comprising 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, registering 17% YoY volume growth across all market segments. Owing to improved supply-side availability, the prices at the day […] Read more
ACME Green Hydrogen Will Invest Rs 52,474 Crore In Tamil Nadu Updated On Tue, Jul 5th, 2022 by Saurenergy ACME Green Hydrogen and Chemicals Pvt. Ltd. will be constructing a green ammonia and green hydrogen manufacturing plant in Tamil Nadu with an investment of Rs 52,474 crore. The facility is planned for the port town of Thoothukudi. The Tamil Nadu government has signed 60 MoUs with many companies at the Tamil Nadu Investors’ First […] Read more
CERC Allows ACME Petition To Qualify Entry Tax As Change In Law Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission allowed on June 29 the petition moved by ACME praying for declaring the Entry Tax as Change In Law defined in the statutes. The three judges panel of I. S. Jha, Arun Goyal and P. K. Singh, also ordered the stay of collection of entry tax pursuant from the petitioner […] Read more
