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
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
Global Data Report 2022 on Renewable Energy Capacity And Consumption Updated On Wed, Jul 20th, 2022 by Saurenergy Global data report on renewable energy capacity and consumption are produced by the International Renewable Energy Agency (IRENA). Data sets for actual power generation from 2012 to 2020, power generation capacity from 2012 to 2022, and renewable energy balances for more than 150 nations and regions from 2019 to 2020 are all included in Renewable […] 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
IEA Report on Bridging Gap B/w Demand & Supply Of EV Batteries’ Metal Updated On Tue, Jul 12th, 2022 by Saurenergy IEA has published a report on the global EV market. In this report, IEA has highlighted how the EV market is growing around the globe. As per the report, electric vehicle sales around the globe are rising and breaking all the previous sales records. On the other hand, the EV charging infrastructure is not growing […] Read more
Enercon To Receive €500 Million Worth Aid From German Govt Updated On Thu, Jul 7th, 2022 by Saurenergy In a major announcement, Enercon has informed that the German wind turbine maker will receive € 500 million as financial aid from the German Government from the WSF Economic Stabilisation Fund. The state fund is meant to help the renewable energy player to deal with the impact of the COVID-19 led pandemic. The turbine manufacturer […] Read more
World’s First Open CO2 Transportation Using ABB Technology Updated On Fri, Jun 24th, 2022 by Saurenergy For the primary electrical, automation, and safety systems for Norway’s Northern Lights project, engineering, procurement, and construction (EPC) company Aker Solutions has hired ABB Technology . Northern Lights is a first-of-its-kind project from enterprises across Europe to safely store CO2 (CO2 Transportation). In this project, Northern Lights is creating an open and adaptable infrastructure to […] Read more
State Of Offshore Wind Power in India Updated On Wed, Jun 22nd, 2022 by Saurenergy The Indian renewable energy sector has grown at a compounded annual growth rate of over 15.50 per cent in the last five years, with wind sector growth at about 8 per cent. India’s energy use is slated to grow by 3% per annum up to 2040. All this, even as the country has committed to […] Read more
India’s Renewable Energy Auctions To Retain Interest Of Large Developers-IEEFA Updated On Wed, Jun 22nd, 2022 by Saurenergy A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India. The report comes even as the industry is going through […] Read more