NTPC Limited Reports 14% Jump In Net Profits In Q2 Updated On Fri, Oct 25th, 2024 by Saurenergy NTPC Limited today issued its financial results for the second quarter (Q2) of FY25. The firm’s latest results reported a 14 percent growth in net profits. On a standalone basis, NTPC’s total income for H1 FY25 was ₹86,298 crore, compared to ₹81,199 crore for the same period last year. Profit After Tax (PAT) for H1 […] Read more
ADB Approves $434.25 Mn Loan To Setup Solar Facility In Assam Updated On Fri, Oct 25th, 2024 by Saurenergy The Asian Development Bank (ADB) recently approved a $434.25 million loan to increase renewable energy capacity and improve energy security in the state of Assam, India. “Addressing the renewable energy capacity shortage in Assam is crucial to meet growing demand and reduce dependency on fossil fuels,” said ADB Principal Energy Specialist Jiwan Acharya. “This project […] Read more
Green Stocks Oct 24: Wind Energy Gets Respite As Slide Continues Updated On Thu, Oct 24th, 2024 by Saurenergy Pressure continued on green stocks, despite the record breaking performance of the big daddy, Waaree Energies IPO. The dichotomy could perhaps be explained by the sheer amount of interest in the Waaree IPO, which seems to have sucked a lot of liquidity out for applications to the IPO. As refunds pour in by next week, […] Read more
ARENA Funds Australia’s First Community-Led Electrification Trial Updated On Thu, Oct 24th, 2024 by Saurenergy Australian Renewable Energy Agency (ARENA), and its partners Brighte, Rewiring Australia and Endeavour Energy, are set to electricity 500 households in New South Wales, in a new project announced recently announced by the organization. ARENA is providing $5.4 million in funding for the “Electrify 2515 Community Pilot” to support the electrification of 500 homes in […] Read more
Q3 Results: GE Vernova Falls Short On Offshore Wind, Hits Onshore Targets Updated On Thu, Oct 24th, 2024 by Saurenergy GE Vernova Inc., a US-based wind energy company, secured $1.7 billion in orders in the third quarter ending September 30, 2024. The company reported a 19% organic decrease, attributing the drop to lower Onshore Wind equipment orders outside of North America. GE Vernova generated $2.9 billion in revenue, down 1% organically. Losses increased due to […] Read more
US Announces Tax Credit Support For Ingot & Wafer Production Updated On Thu, Oct 24th, 2024 by Saurenergy In order to boost the domestic production of Ingots and Wafers in the United States (US), the US government has now planned to support the solar companies to invest in solar and wafer production. To implement the hand-holding support, the US treasury department recently notified the inclusion of solar ingot and wafer production facilities and […] Read more
EverGreen, Datta Infra & Others Bag NTPC’s 1.2GW Hybrid Tender Updated On Thu, Oct 24th, 2024 by Saurenergy NTPC Limited has announced the results of its 1200 MW wind-solar hybrid tender. The power giant awarded contracts to four renewable project developers: Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Ensersol (Datta Infra), and ReNew Solar. As per the auction results, Sembcorp, Adani Renewable, and ReNew Power secured projects at […] Read more
Green Stock Oct 23: A Day of Respite For Green Stocks Updated On Wed, Oct 23rd, 2024 by Saurenergy After the relentless hammering o the past few sessions, Green energy stocks finally saw sunshine with almost all the stocks ending in the green. The blockbuster success of the Waaree Energies IPO has no doubt reminded investors of the potential and opportunity that continues to exist in the sector, helping many of the beaten down […] Read more
EESL Opens Bids For 1 GW of DCR-Compliant Solar Modules Updated On Wed, Oct 23rd, 2024 by Saurenergy Energy Efficiency Services Limited (EESL) , an energy saving company, in its latest tender sought bids for 1 GW solar module from bidders which have a rate contract for supply of ~1,000 MWp domestic content requirement (DCR) compliant crystalline 540 Wp and above Solar PV Modules across India. This is a rate contract for 6 […] Read more
