While Waaree Continues Gravity Defying Climb, Other Renewable Stocks Dragged Down April 15 Updated On Mon, Apr 15th, 2024 by Saurenergy 10 out of the 11 renewable stocks in our basket dropped today, usually falling more than the market, thanks to the sharp run up the category has seen in prices. The outlier as usual was Waaree Renewable technologies, which recovered smartly from the morning volatility to be back at the 5% upper circuit. The fall […] Read more
BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia Updated On Mon, Apr 15th, 2024 by Saurenergy British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […] Read more
Mahindra Susten Enters Hybrid RE Segment With 150MW Projects Updated On Mon, Apr 15th, 2024 by Saurenergy Mahindra Susten recently announced its plan to develop a 150 MW hybrid RE (solar + wind) project at a total project cost of about Rs 1,200 crore. The project will be developed by Mahindra Susten, part of Mahindra Group and one of the renewable Independent Power Producers (IPP), with global investor Ontario Teachers’ Pension Plan […] Read more
JSW Acquires 45 MW Wind Project From Reliance In Maharashtra Updated On Mon, Apr 15th, 2024 by Saurenergy JSW Renewable Energy (Coated) Limited, a wholly owned subsidiary of JSW Neo Energy Limited (or JSW Neo) and subsidiary of JSW Energy acquired 45 MW of Wind based Renewable Energy Project from Reliance Power Limited. This project is located at Jath, Sangli District, Maharashtra. In accordance with our prior announcement on March 22, 2024, they […] Read more
Lack Of Incentives Keep EVs Unaffordable In Europe, Says ACEA Updated On Mon, Apr 15th, 2024 by Saurenergy The latest data from the European Automobile Manufacturers Association (ACEA) shared that affordability concerns are the major cause that hampers market uptake for electric vehicles (EVs). Despite European Union (EU) legislative efforts to reduce CO2 emissions from vehicles, a lack of initiatives at both EU and national levels prevents acceleration in market uptake of electric […] Read more
NTPC-REL Seeks Bids For Power Cables At 1200 MW Project In Khavda Updated On Mon, Apr 15th, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) invited online bids from eligible bidders for high tech (HT) power cable supply package of 1200 MW, on a north block of Khavda Renewable Energy (RE) Park. NTPC REL invited bids for envelope-I: techno-commercial bid and envelope-II: price bid. The document shared by NTPC-REL mentioned, “The scope of the […] Read more
IOCL Floats Tender For Multiple Solar PV Projects Across India Updated On Fri, Apr 12th, 2024 by Saurenergy Indian Oil Corporation Limited (IOCL) has released a tender for rooftops and spare land at various locations spread all over India for the installation of Solar Photo Voltaic (SPV) Plants and to maximise production and utilization of Renewable Energy through these SPV Plants. The IOCL company invited applications by Expression of Interest document, (EoI). It […] Read more
REIL Invites Bids For Supply Of 200000 Mono PERC, Solar Cell Updated On Fri, Apr 12th, 2024 by Saurenergy Rajasthan Electronics and Instrument Limited (REIL) solar PV monitoring system in Jaipur issued a tender for the supply of 200000 of mono PERC solar cell 5.50 Wp. This tender was issued on 10th April 2024 and the bid end date is 1st May 2024 at 4 PM The bid opening date is 1st May 2024 […] Read more
Australia Set To Release ‘Future Made In Australia Act’ Updated On Fri, Apr 12th, 2024 by Saurenergy Anthony Albanese, Prime Minister of Australia in his speech in Brisbane, Albanese announced plans for the Future Made in Australia Act to boost investment, create jobs, and capitalise on Australia’s strengths. He emphasized the importance of Queensland’s contribution to generating energy, skills, jobs, technology, and investment for future prosperity. He highlighted the need for every […] Read more
