JSW Renewable, China’s SANY Seal Licensing Deal Formally Updated On Wed, Oct 30th, 2024 by Saurenergy JSW Renewable Technologies Two, a subsidiary of JSW Renewable energy, has entered into a technology licensing agreement with Chinese Wind turbine maker SANY Renewable Energy to manufacture wind turbine blades in India for its captive use. The company entered the formal agreement after eight months with the initial announcement made in March 9 this year. […] Read more
Onix Group Appoints Harpreet Singh Its New CEO Updated On Tue, Oct 29th, 2024 by Saurenergy Harpreet Singh recently joined as the new Chief Executive Officer (CEO) at Onix Group (Onix Solar Energy Limited), He has a career spanning over 30 years in Business Development Management, Supply Chain Management (SCM), Strategic Planning, and Process Improvement across various business segments. Onix Group is an independent power producer (IPP) and EPC company in the […] Read more
MoP New Rule Aims To Bring Transparency In Electricity Distribution Updated On Tue, Oct 29th, 2024 by Saurenergy The Ministry of Power (MoP) recently introduced reforms to electricity and distribution regulations aimed at enhancing system transparency through the new Electricity Distribution (Accounts and Additional Disclosure) Rules, 2024. MoP through its latest provision aims to bring claims or sums recovered through tariff order as recoverable, thereby to be included as revenue in the financial […] Read more
India Can Turn To Global South For Its Critical Minerals Needs: IEEFA Updated On Tue, Oct 29th, 2024 by Saurenergy India’s minerals are at risk due to high import dependency and reliance on a few countries. Currently, India depends on resources such as synthetic and natural graphite, lithium oxide, nickel oxide, nickel sulphate, and copper cathodes. The study highlights the need for a diversified procurement strategy for these minerals to reduce trade risks. These minerals […] Read more
Powerica Wins 50 MW Wind Energy Project From SECI Updated On Tue, Oct 29th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently announced power generation company Powerica as the winner of its 50 MW auction out of the total 500 MW wind project. The company secured the project at a tariff rate of ₹3.81 per unit. The initial tender was intended for a 500 MW project. However, SECI has […] Read more
Oct 28: Mixed Performance For Green Stocks Updated On Mon, Oct 28th, 2024 by Saurenergy On a day when the markets finally reversed the downward trend, green stocks benefited broadly as well. the highlight of the day was no doubt the debut of Waaree energies limited, which listed at an over 50% premium and maintained that level by closing. Even that amazing start may have disappointed many observers who were […] Read more
AMPIN, Varroc Partner For Another Maharashtra Solar Project Updated On Mon, Oct 28th, 2024 by Saurenergy New Delhi-based renewable energy company AMPIN Energy Transition, today signed a transaction document with Varroc group for an additional 27 MWp solar power project in Maharashtra. This order follows the implementation of AMPIN’s initial solar projects in Maharashtra, Karnataka, Uttar Pradesh & Tamil Nadu. This new PPA marks a repeat order from Varroc Group, highlighting […] Read more
Servotech Launches Micro & Hybrid Inverter, Solar Pump Controller & More Updated On Mon, Oct 28th, 2024 by Saurenergy Delhi-based Servotech Power Systems Ltd., a renewable energy solutions company, launched a series of new products in a recent ceremony. The company, which has had a strong track record in manufacturing electric vehicle charging stations and equipment is now on an aggressive drive to wider its product offerings. Raman Bhatia, Founder and MD of the […] Read more
Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy Updated On Mon, Oct 28th, 2024 by Saurenergy Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […] Read more