REC Raises $500 Mn Through Green Bonds Updated On Mon, Sep 30th, 2024 by Saurenergy REC Limited, a state-owned infrastructure company has raised $500 million through 5-year green bonds as part of its $10 billion Global Medium-Term Program. REC plans to use these funds to finance eligible green energy projects that qualify under its green finance framework. REC a ‘Maharatna’ company under the administrative control of the Ministry of Power, […] Read more
Shift To Two-Wheeler EVs To Reduce India’s Petrol Consumption: CRISIL Updated On Mon, Sep 30th, 2024 by Saurenergy In a recent report, CRISIL Research highlights a projected rise in the market share of electric two-wheelers, expected to reach 12-15% by fiscal 2030 from current levels of under 5%. Additionally, the report highlights the emergence of compressed natural gas (CNG) passenger vehicle sales are expected to grow to 17-19% by the same period. This […] Read more
Green Stocks Sep 27: Mixed Day For Green Stocks, As Waaree RTL, Tata Power, SJVN Shine Updated On Fri, Sep 27th, 2024 by Saurenergy For Green stocks, on an otherwise weak day for the broader markets, it was a mixed day, as stocks like KPI Green, Suzlon, and Inox Wind failed to retain gains made during the week. Even as Waaree RTL delivered another circuit-breaker day with a 5% jump, and Tata Power continued to jump among the heavyweights […] Read more
LOHUM, ReElement, & American Metals Invest $30 Mn In US Updated On Fri, Sep 27th, 2024 by Saurenergy To build a new facility in the US, Indian critical minerals producer LOHUM Cleantech signed the MoU with US modular processing technology company ReElement Technologies Corporation and American Metals LLC. The MoU marks the beginning of a joint venture for the United States fully integrated battery recycling, repurposing, and critical material production facility. The Memorandum […] Read more
Gujarat: GE Vernova Set To Supply 51.3 MW Wind Energy To Powerica Updated On Fri, Sep 27th, 2024 by Saurenergy US-based wind energy company GE Vernova recently signed an agreement to supply 51.3 MW of wind turbines to Powerica in Gujarat. For its 51.3 MW project in Devbhumi Dwarka, Gujarat, Powerica has chosen to install 19 GE Vernova 2.7 MW-132 wind turbine generators (WTGs). Powerica, a key player in both the Independent Power Producer (IPP) […] Read more
SJVN, Maharashtra Partner To Develop PSPs, Floating Solar Projects Updated On Fri, Sep 27th, 2024 by Saurenergy SJVN, a Navratna Central Public Sector Enterprise (CPSE), has signed two Memorandums of Understanding (MoUs) with the Maharashtra government to build Pumped Storage Projects (PSPs) and Floating Solar Projects in the state. The total estimated investment for these projects is approximately Rs. 48,000 crores. It is expected to create around 8,400 direct and indirect employment […] Read more
First Solar Opens New Module Manufacturing Unit In US Updated On Fri, Sep 27th, 2024 by Saurenergy American solar module maker First Solar opened its $1.1 billion solar manufacturing facility in Lawrence County, Alabama. The new manufacturing plant adds 3.5 gigawatts (GW) of solar production capacity and is expected to create over 800 high-tech jobs in the region. First Solar has been a key beneficiary of the move to reduce dependence on […] Read more
Green Stock Sep 26: Most Green Stocks Plunge In Stock Market Updated On Thu, Sep 26th, 2024 by Saurenergy Most of the green energy stocks today witnessed a decline in their stock prices. The highest negative growth was witnessed by Waaree Renewable Technologies which witnessed a decline by 5 percent. This was followed by a decline of 3.31 percent by Sterling & Wilson. The only three companies which reported a rise in their stock […] Read more
Khavda: Zetwerk Gets 1515 MW Module Contract From NTPC To Supply PV Modules Updated On Thu, Sep 26th, 2024 by Saurenergy Bengaluru based Contract manufacturing marketplace Zetwerk has received a second, major contract from NTPC Renewables to supply 1515 MWp of ALMM-compliant solar PV modules for the 1200 MW Khavda Solar project in Gujarat. Zetwerk has bagged this order which includes mandatory spares, for the 1200 MW Khavda Solar project in Gujarat. The company said it […] Read more
