BHEL Invites Bids For 300MW NHPC Floating Solar Project In Odisha Updated On Fri, May 31st, 2024 by Saurenergy Bharat Heavy Electricals Limited (BHEL) has released a tender for conducting civil works for the proposed 300MW Rengali floating solar project at Odisha for NHPC. It invited tender for civil works for the 300MW Rengali floating solar project at Odisha for NHPC. The tender mentioned that the estimated value of the contract – Rs. 2,33,29,072.00 […] Read more
India’s Peak Power Demand Smashes 2023 Peak, Touches 250 GW Updated On Fri, May 31st, 2024 by Saurenergy The Indian power sector met a record maximum power demand of 250 GW on 30th May’24 whereas, the non-solar demand touched an all-time high of 234.3 GW on 29th May This spike in power demand reflects the combined impact of weather-related loads and growing industrial and residential power consumption in these areas. On 30th May, […] Read more
Green Stocks May 30: Waaree Renewable Stock Price Jumps Updated On Thu, May 30th, 2024 by Saurenergy On May 30th, three companies’ stock prices went for a rise. On the other hand, other green companies witnessed a decline in their stock prices. Waaree Renewable registered a 5% rise in their stock prices while Shakti Pumps saw a 2.65% rise in its stock price. Whereas, SJVN witnessed a major dip of 4.26% followed […] Read more
US Releases New Rule To Incentivise Clean Energy Production Under IRA Updated On Thu, May 30th, 2024 by Saurenergy The US Department of the Treasury and Internal Revenue Service (IRS) released proposed guidance on the Clean Electricity Production Credit and Clean Electricity Investment Credit under the Inflation Reduction Act (IRA). This guideline was established by President Biden’s Inflation Reduction Act (IRA), to provide clarity to developers of clean electricity projects. This guidance is expected […] Read more
Solex Registers 126% YoY Growth In Revenue From Ops In Fy23-24 Updated On Thu, May 30th, 2024 by Saurenergy Maintaining the trend of strong financial results from Module manufacturers, Surat, Gujarat-based Solex Energy financial results for FY 2023-24 make for impressive reading. The company achieved a revenue of Rs. 3,659.2 million, from its operations. This increased from Rs. 1,617.1 million in FY 2022-23 with a 126% year-over-year growth. The company’s EBITDA improved to Rs. […] Read more
SECI Invites Bids To Setup 1200 MW Solar Project Updated On Thu, May 30th, 2024 by Saurenergy Solar Energy Corporation of India (SECI) has released a tender inviting bids for setting up 1200 MW ISTS-connected solar PV power projects in India under Tariff-based Competitive Bidding The tender document fee – Rs. 29,500 The SECI tender involves an earnest money deposit (Emd/ Bid Bond) of Rs. 9,42,000 The tender contract performance security – […] Read more
SECI Seeks Bids For 500 MW Wind Projects In India Updated On Thu, May 30th, 2024 by Saurenergy The Solar Energy Corporation of India( SECI), a central public sector undertaking (PSU) dedicated to the solar energy sector has released a tender for selecting wind power developers to set up 500 MW Inter-State Transmission System (ISTS-connected) wind power projects in India, under tariff-based competitive bidding (TBCB). The tender document fee/ Cost Of Document – […] Read more
Green Stocks May 29: Waaree, Suzlon Stock Prices Up Updated On Wed, May 29th, 2024 by Saurenergy In the last one day two renewable energy companies made its presence felt in the stock market. Indian solar module manufacturer Waaree Renewable Technology and country’s wind turbine maker Suzlon witnessed the highest surge in their stock prices. While Waaree reported a surge of 5% in their stock prices, Suzlon Energy reported a rise of […] Read more
CIP, GE Vernova Collaborate To Supply Blades For 760 MW Wind Project Updated On Wed, May 29th, 2024 by Saurenergy Denmark-based Copenhagen Infrastructure Partners (CIP) and GE Vernova’s onshore wind division signed an agreement of more than EUR 700 million. This agreement was undertaken to deliver, install, and commission 125 GE Vernova 6.1-158 wind turbines at the Teruel wind project. This wind project was promoted by CIP through contracts with the developer in that province and […] Read more
