North Canada to Welcome its Biggest Solar Plant from Mining Group Rio Tinto Updated On Fri, Aug 11th, 2023 by Saurenergy Spain’s mining group Rio Tinto’s Diavik Diamond Mine is set to establish the largest solar power plant across Canada’s territories. The plant will boast of more than 6,600 solar panels. The project will generate close to 4,200 MWh of carbon-free electricity annually for the mine. Commercial production from the operation is slated for completion in […] Read more
Tata Power-DDL Achieves RPO Compliance Third Time in a Row Updated On Thu, Aug 10th, 2023 by Saurenergy Tata Power Delhi Distribution Limited (Tata Power-DDL), a power utility that supplies electricity to a populace of 7 million in North Delhi and Northwest Delhi, has announced that it has fulfilled Renewable Purchase Obligation (RPO) for the third consecutive year. The company sourced 2600 million units of green power in FY 2022-23 from various sources […] Read more
Canadian Solar US Subsidiary Secures Major Solar Supply Deal with American Client Updated On Thu, Aug 10th, 2023 by Saurenergy Canadian Solar’s subsidiary in the United States has inked a significant seven-year supply deal with an undisclosed major American client. The Ontario-based solar panel behemoth, which recently established a subsidiary in China, will ensure a steady stream of sales as it commits to providing a minimum of 4 gigawatts of photovoltaic modules by 2030. This […] Read more
Govt Amends Bidding Norms For HVDC Projects Under ISTS Updated On Thu, Aug 10th, 2023 by Saurenergy The Ministry of Power has now issued an order amending its Standard Bidding Document for the procurement of Inter-State Transmission System (ISTS) power through tariff-based competitive bidding (TBCB) process under the High Voltage Direct Current (HVDC) transmission system. The new order proposed modifying para 2.1.2 to make changes to the eligibility criteria of the bidders. The ministry […] Read more
Demand For Suzlon’s 3MW Wind Turbines Picks Up, Supplies From Q4 Updated On Thu, Aug 10th, 2023 by Saurenergy Buoyed by the increasing demand for its 3 Megawatt (MW) wind turbines, India’s leading wind energy company Suzlon Group plans to go bullish over the advanced technology. In its latest investors call, the company’s top management said that they were getting overwhelming orders for its 3MW series. JP Chalasani, the company’s Chief Executive Officer (CEO) said […] Read more
Tata Power Reports 29% Growth In PAT In Q1 YoY Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […] Read more
Better Solar Technology Covers Up For Wind Issues In Hybrid Projects For Adani Green Updated On Wed, Aug 9th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), in its latest financial results for Q1 of FY24, reported a decline in Capacity Utilisation Factor (CUF) for its wind portfolio. It attributed its lower CUF to the Biporjoy cyclone in Gujarat and lower wind speeds in the state. However, the latest investors call of the company to discuss the […] Read more
Hyundai Plans To Launch Five EV Models In India By 2032 Updated On Wed, Aug 9th, 2023 by Saurenergy South Korean car manufacturer Hyundai Motor Group has planned to launch five electric car models in India by the end of 2032. It also planned to increase its charging infrastructure in the country to boost electric mobility in the country, the company said in a statement. The company revealed the information during the visit of […] Read more
RERC Grants Compensation To Solar Firm Over Change Of Law Updated On Tue, Aug 8th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest order, directed the Solar Energy Corporation of India (SECI) to pay compensation to Palimarwar Solar House Private Limited, a solar developer over ‘Change of Law’ events. These change of law events were related to the increase in the Customs Duty of imported solar inverters and the levy […] Read more
