Tata Green Switch Project Provides Access to Green Electricity in Jharkhand Updated On Thu, Jul 28th, 2022 by Saurenergy The primary provider of financial services for the Tata Group, Tata Capital has developed and launched the “Green Switch Project,” a CSR initiative. The distant areas of Jharkhand’s Simdega district will receive consistent and uninterrupted green electricity through this initiative. Under this Green Switch project, Tata Capital will provide clean home power to far-flung tribal […] Read more
HPX Launches More Trading Segments, Including Green Day Ahead Market Updated On Thu, Jul 28th, 2022 by Saurenergy Hindustan Power Exchange (HPX), India’s third and newest power exchange promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, today launched Day Ahead Market (DAM), Green Day Ahead Market (G-DAM) & Real Time Market (RTM). With the launch of these segments HPX will enhance its portfolio to six segments, thereby further strengthening its […] Read more
Solar Trackers: Poised To Boom With Solar Once Again Updated On Thu, Jul 28th, 2022 by Saurenergy Solar trackers are usually paired with ground mount solar systems in order to increase energy output of the solar panel. Recently, rooftop-mounted trackers have also emerged in the market. So, what is a solar tracker? How is it instrumental in boosting energy output of solar panels? In the simplest of terms, a solar tracker is […] Read more
UPERC Adopts Tariff Of 2.98 kWh For Purchase Of 125 MW Of Solar Power Updated On Wed, Jul 27th, 2022 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted the green signal for a new tariff of Rs 2.98/kWh towards the procurement of 125 MW capacity of solar power from grid-connected projects. These projects will be installed as part of the Ministry of New and Renewable Energy’s “Solar Parks and Ultra Mega Solar Power Projects […] Read more
APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
MNRE Minister Khuba Tells Parliament 123 GW Of Solar Capacity Either Commissioned Or In Pipeline Updated On Wed, Jul 27th, 2022 by Saurenergy Minister of State for New and Renewable Energy Bhagwanth Khuba informed the Rajya Sabha in his written reply on July 27 that a solar energy capacity of 123.11 GW has either been commissioned till June or is in the pipeline against the target of 100 GW solar capacity by December 2022. The written reply reads […] Read more
ONGC Signs MoU With Greenko To Make Green Hydrogen And Explore Markets Updated On Wed, Jul 27th, 2022 by Saurenergy Oil and Natural Gas Corporation (ONGC) and renewable energy company Greenko ZeroC have signed a Memorandum of Understanding (MoU) to make green hydrogen, green ammonia and jointly explore new market in renewables, and other derivatives of green hydrogen. The two companies will join hands to come up with a 1-MMTPA green ammonia production and storage […] Read more
With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues Updated On Tue, Jul 26th, 2022 by Saurenergy One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […] Read more
Watch Out For World’s First Solar-Powered Mass Market Electric Car Updated On Tue, Jul 26th, 2022 by Saurenergy Sion, a five-seater compact family electric car wrapped with 456 solar panels except the windows, is likely to enter the assembly line in the second half of 2023, the German start-up Sono has said. The vehicle was unveiled at Munich. The company is looking to produce more than 250,000 of the vehicles over the period […] Read more
