Disruption In Supply Chain Doubles Downtime Days For Solar Developers Updated On Mon, May 30th, 2022 by Saurenergy Disruption in supply chain has reversed the downward trend in average business interruption (BI) claims for renewables developers, according to a report attributing the disruption in supply to surge in energy prices and the COVID-19 pandemic. The average number of downtime days has nearly doubled in the solar sector globally, surging beyond the renewable sector-wide […] Read more
Jakson Group wins bid for O&M of NTPC Bhadla Solar Power Plant Updated On Fri, Apr 29th, 2022 by Saurenergy To strengthen its legacy as an energy solution provider, Jakson Group, one of the India’s fastest-growing energy companies, won a bid for comprehensive Operation and Maintenance (O&M) for 260 MW Bhadla Solar PV Plant located at Bhadla Solar Park in BAP, Rajasthan. Jakson Group will have the responsibility to continuously monitor the site for all […] Read more
“Land is governed not only by ownership but also by the nature of ownership on record and on the ground” Updated On Mon, Apr 4th, 2022 by Saurenergy When it comes to renewable projects in India, one of most critical yet underestimated aspects remains land acquisition. Always a sensitive issue in the country, land acquisition for renewable projects can be a really tricky issue for many developers, leading to long, and expensive project delays. While local land aggregation firms and individuals have always […] Read more
Sify to power its data centre business with wind and solar energy Updated On Thu, Feb 24th, 2022 by Saurenergy Sify Technologies Ltd, an information and communications technology company, has signed a new deal with Singapore-based Vibrant Energy Holdings to procure 231 MW of electricity from solar and wind farms to supply the power needs of its hyper-scale data centres. It was announced by the two companies that the Indian firm inked power purchase agreements […] Read more
Sterling & Wilson Renewable Energy Reports ₹429 cr Loss in Dec Quarter Updated On Tue, Feb 15th, 2022 by Saurenergy Sterling and Wilson Renewable Energy (SWREL) on Monday reported a consolidated net loss of Rs 428.78 crore in the quarter ended December 2021. The company had posted a consolidated net profit of Rs 22.45 crore in the quarter ended December 2020, according to a BSE filing. Total income of the company stood at Rs 1,502.23 […] Read more
Solar O&M Market Set To Grow to $15 billion By 2030-Woodmac Updated On Tue, Feb 1st, 2022 by Saurenergy Global non-residential solar operations and maintenance (O&M) spend is expected to hit US$15 billion by 2030. But new research from global energy consultancy Wood Mackenzie (Woodmac) indicates that increasingly competitive auction prices, coupled with rising labour and supply chain costs, mean service vendors face challenges to stay profitable. Leila Garcia da Fonseca, senior manager, Wind […] Read more
Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch Updated On Tue, Feb 1st, 2022 by Saurenergy Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […] Read more
Sterling and Wilson Renewable Energy Limited Welcomes Reliance As Promoter Updated On Tue, Jan 4th, 2022 by Saurenergy In a formal confirmation of its deal with Reliance New Energy Solar (RNESL), Sterling and Wilson Renewable Energy Limited (SWREL) has announced the completion of transactions that enables the Reliance group to join as promoter group. This has happened after the Reliance group paid the balance Rs 1583 crore for the buyout of 25.90 percent […] Read more
At Intersolar India, Gujarat Demonstrates Why It Is India’s Solar Growth Engine Updated On Mon, Dec 6th, 2021 by Saurenergy At Intersolar India last week, the first doubt that was cleared very quickly was the choice of location. Gandhinagar, the capital of Gujarat, is known to most people more for its limited role as the seat of the state government, than any pretensions to be a thriving commercial or cultural hub. Barely 20 odd kilometres […] Read more
