CERC Allows Adani Subsidiary Compensation For ‘Change of Law’ Events Updated On Tue, Nov 21st, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, allowed compensation to Mahoba Solar (UP) Private Limited MSUPL) a subsidiary of Adani Green. The central commission allowed the compensation on account of ‘change of law’ events. These include the imposition of increased safeguard duty on the imports of solar cells and modules and the […] Read more
ReNew Q2 Results-Highest Ever Profits, Portfolio At 13.8 GW Updated On Tue, Nov 21st, 2023 by Saurenergy ReNew Energy Global Plc delivered on its promise to investors with a consistently improved performance for the three-month period ended September 30, 2023. This was indicated in its recent Q2 results. The firm continues to guide for 1.75 GW to 2.25 GW net additions to its portfolio this financial year. This is expected to ramp […] Read more
Orxa Energies & Nunam Technologies Partner to Repurpose Batteries Updated On Fri, Nov 17th, 2023 by Saurenergy Electric vehicle firm Orxa Energies has joined hands with Nunam Technologies, a startup delving into the reuse of electric vehicle batteries. The partnership sets sights on circular value chain for Orxa’s batteries. The goal is particularly for its flagship electric motorcycle, Mantis. Nunam Technologies will be responsible for extending the life of Mantis batteries, repurposing […] Read more
UK, German Moves To Support Offshore Wind Point To Challenges Ahead Updated On Fri, Nov 17th, 2023 by Saurenergy Ørsted’s Travails World’s biggest offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […] Read more
SJVN Green Energy Ltd Signs PPA with SECI for 200 MW Wind Project Updated On Fri, Nov 17th, 2023 by Saurenergy SJVN Green Energy Limited (SGEL) has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for 200 MW wind project connected to the grid. SGEL had participated in the tariff based competitive bidding process conducted by SECI for selection of wind power developers for setting up 1,200 MW grid connected […] Read more
Gensol Emerges as L1 in NHPC Green Hydrogen Mobility Station Tender Updated On Thu, Nov 16th, 2023 by Saurenergy Gensol Engineering Ltd., a firm that delves in the renewable energy and electric mobility sectors, has been identified as the lowest bidder for Engineering, Procurement and Commissioning (EPC) contract for a green hydrogen-based mobility station in Kargil, Ladakh. The NHPC mobility station tender was released in June, 2023. Gensol has emerged as the lower bidder […] Read more
Chinese Module Majors Feel The Pinch From Module Price Drop Updated On Thu, Nov 16th, 2023 by Saurenergy As financial results for Q3 come in, it is obvious that the pain of dropping module prices is beginning to impact major global players, especially the Chinese majors that dominate global markets. Except for pockets where buyers are from the US and Europe who consciously avoided Chinese players, revenues have sustained only on higher volumes, […] Read more
How is Soltec’s Tracker for US Market Different than Its Other Trackers? Updated On Thu, Nov 16th, 2023 by Saurenergy Solar tracker manufacturer from Spain, Soltec, has designed a single-axis tracker specifically for the US market. The tracker, SFOne US, vis-a-vis Soltec’s trackers for other markets, sees a fewer number of parts. It also comes with the option with some pieces pre-assembled. In the US market, the tracker is longer with thicker piles, which means […] Read more
Suzlon Gets RLMM Enlisting for S144 – 3 MW Turbine Series Updated On Thu, Nov 16th, 2023 by Saurenergy Indian wind turbine manufacturer Suzlon has received the RLMM (Revised List of Models & Manufacturers) Listing from MNRE (Ministry of New and Renewable Energy) listing of its S144 – 3 MW series of wind turbines. This will enable the firm to pave the way for the successful commercialization of the product. Suzlon has already installed […] Read more
