APTEL Clears NTPC of Metering Liability in Solar Project Case Updated On Thu, May 15th, 2025 by Saurenergy The Appellate Tribunal for Electricity (APTEL) in its latest judgement has ruled in favour of NTPC Ltd., overturning a CERC order that had held the state-run energy major responsible for meter sealing in solar power projects, a finding that contributed to delays in project commissioning. In the judgment, APTEL allowed NTPC’s appeal against the Central […] Read more
BESS Startup VFlowtech Secures USD 20.5 Million Updated On Wed, May 14th, 2025 by Saurenergy VFlowTech, a leading provider of sustainable long-duration energy storage solutions, has announced a significant capital raise of $20.5 million to support its strategic expansion into India’s clean energy sector. the firm offers long-duration energy storage and AI-driven energy management. The funding will enable VFlowTech to scale its existing 100 MWh manufacturing plant in India to […] Read more
Zelestra Energy Gets Financing for 237 MW Solar Projects In Spain Updated On Wed, May 14th, 2025 by Saurenergy Spanish EPC and Renewable energy developer Zelestra has achieved financial close for a portfolio of six solar projects in Spain. The projects, adding upto 237 MW form the Belinchón and Brazatortas clusters in Spain. A total of 21 power purchase agreements (PPAs) along with a debt package of €146.6m has been sanctioned for the construction […] Read more
India’s Solar Boom Is Unique On the Global Stage: Vinay Rustagi Updated On Mon, May 12th, 2025 by Saurenergy Let’s start with a light question. How did you enter the solar industry? After completing my MBA, I specialized in finance and worked in various banks, focusing on project finance for large-scale projects in sectors like telecom, oil and gas, and transport. In 2011, after returning to India from the UK, I took on the […] Read more
SECI Chief R P Gupta Steps Down, Successor Yet To Be Named Updated On Mon, May 12th, 2025 by Saurenergy In a move seen as a surprise by many, the head of India’s top renewable energy impIementing agency, Solar Energy Corporation of India, (SECI), R.P Gupta, has stepped down as the chairman of SECI with immediate effect, as announced by the government on Saturday. Gupta as just a month away from winding up his tenure […] Read more
Brookfield Renewable Reports Record Q1 FFO Despite Net Loss Updated On Tue, May 6th, 2025 by Saurenergy Brookfield Renewable Partners L.P. (BEP) reported Funds From Operations (FFO) of $315 million, or $0.48 per unit, for the quarter ended March 31, 2025. The company said FFO rose 15 percent year-on-year when adjusted for strong hydro generation in the prior year. Overall, FFO per unit increased 7 percent, supported by inflation-linked cash flows, portfolio […] Read more
Axis Energy Gets APERC Nod For 400 MW Hybrid Projects In Andhra Updated On Tue, May 6th, 2025 by Saurenergy The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued an order regarding the approval of four amended power purchase agreements (PPAs) between the Southern Power Distribution Company of Andhra Pradesh Limited (APSPDCL) and Axis Renewable Energy Park entities for procuring a total of 400 MW from wind-solar hybrid projects. The agreements were executed under the […] Read more
Q4 FY25: Power Exchange Liquidity Rises 36%, Electricity Vol to Grow 19% Updated On Mon, May 5th, 2025 by Saurenergy IN an analyst call after its Q4 results , the Indian Energy Exchange (IEX) shared that on the power sector front, electricity consumption during Q4 FY ’24 recorded 415 billion units, which is an increase of 3.7% on a year-on-year basis. States such as UP, Maharashtra, Gujarat, MP, Rajasthan, Karnataka, and Tamil Nadu remained drivers […] Read more
5 Challenges For India’s 500 GW Clean Energy Target Updated On Mon, May 5th, 2025 by Saurenergy India’s aim to achieve 500 GW of non-fossil fuel-based clean energy capacity target by 2030 may be one of the most ambitious goals for the decade across the globe. Yet, the probability of this happening may be bleak considering the factors adversely affecting the new capacity additions – comparatively sluggish progress, regulatory challenges, uncertainty in […] Read more
