Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins Updated On Thu, Jan 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per […] Read more
Ciel & Terre Starts Constructing 11 MW Floating Solar Project In France Updated On Wed, Jan 17th, 2024 by Saurenergy Floating solar company Ciel & Terre has begun the construction of 11 MW floating solar project in Saint-Savin, south-east of Lyon, France. The project is being built using aiR Optim technology. The floating solar project at Saint-Savin is company’s first power plant in France that is built using this technology. The Saint-Savin floating solar project […] Read more
Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
CBI Files FIR Against Officials Of SJVNL, Siemens Gamesa Updated On Thu, Jan 11th, 2024 by Saurenergy The Central Bureau of Investigation (CBI) has registered a case against some officials of Satluj Jal Vidyut Nigam Ltd (SJVNL) and Siemens Gamesa over fraudulent practices. In a media statement, the central agency said that such malpractices led to a loss of around Rs 191 crore to the public sector utility. CBI said it had registered […] Read more
With Lowest Bid Of Rs 3.15, Only Three Winners For SECI 2000 MW Tranche VII Hybrid Tender Updated On Wed, Jan 10th, 2024 by Saurenergy NTPC Renewable Energy, Juniper Green Energy and Sembcorp emerged as the only three bidders acceptable to Solar Energy Corporation of India (SECI) for the 2000 MW ISTS connected Hybrid projects. With bids received for only 1265 MW, SECI had reduced available capacity to 1012 MW at 80% of aggregate bid capacity. The results for the […] Read more
Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India Updated On Tue, Jan 9th, 2024 by Saurenergy Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and […] Read more
MNRE Appoints Members For Dispute Resolution Commitee For RE Projects Updated On Wed, Jan 3rd, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now notified the names of the members of the proposed Dispute Resolution Committee (DRC). This DRC was mandated to resolve the disputes between the renewable energy developers and designated government PSUs like NTPC, SJVN, NHPC, and SECI, among others. As per the new notification, three retired IAS officers–M […] Read more
Power Grid Appoints Ravindra Kumar Tyagi As Its New Managing Director Updated On Tue, Jan 2nd, 2024 by Saurenergy Power Grid Corporation of India (PGCI) Limited has now announced appointing Ravindra Kumar Tyagi, Director (Operations) as its new Chairman and Managing Director (CMD). He assumed the charge with effect from January 1, 2024. Power Grid is a Maharatna PSU under the administrative control of the Ministry of Power of the Union government. Prior to […] Read more
2023 Proved Brightest For Wind Power Generation In India: Govt Updated On Wed, Dec 27th, 2023 by Saurenergy Union Minister R.K Singh in a written reply before the parliament shared data on the contribution of wind energy in the total energy mix in the last three years. The data revealed an incremental growth in the wind generation capacity to the overall renewable energy. The data said that 2023 proved fruitful for the wind […] Read more
