Stock June 27: Shakti Pumps Powers On, Charge for JSW Energy From New PPAs Updated On Thu, Jun 27th, 2024 by Saurenergy New order flows, and optimism around more support for renewable players in the upcoming budget ensured that most green stocks were in the green today. JSW Energy benefited from announcement of more PPAs, while Shakti Pumps kept up with the strong momentum behind it for being the largest player in the solar pumps business. Solar EPCs […] Read more
Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL Updated On Thu, Jun 27th, 2024 by Saurenergy The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […] Read more
Moody’s Report Calls For Sustainable Financing To Shift Towards RE In India Updated On Thu, Jun 27th, 2024 by Saurenergy Moody, a financial service company, in its recent report, found a growing challenge faced by the renewable energy sector due to water scarcity in India. The report advocated for a shift towards renewable energy investments to mitigate these risks. Moody’s report cautions against a decrease in the per capita water due to its increased usage […] Read more
Paraguay Joins International Solar Alliance As 100th Full Member Updated On Thu, Jun 27th, 2024 by Saurenergy The Republic of Paraguay officially became the 100th full member of the International Solar Alliance (ISA). The ambassador of Paraguay, Fleming Raul Duarte, handed over the instrument of ratification during a meeting with Abhishek Singh, Joint Secretary (ED & MER) and Head of Depository, in New Delhi. Launched on 30 November 2015 by Prime Minister […] Read more
PSPCL Commissions 50MW Solar Power Project In Punjab Updated On Thu, Jun 27th, 2024 by Saurenergy Power Minister Harbhajan Singh Electro-Technical Officer (ETO) recently informed that Punjab State Power Corporation Limited (PSPCL) has commissioned a 50 MW solar power project. This project was installed by Sukhbir Agro Energy Ltd. (SAEL Limited) in the Karamgarh village, Malout. It was synchronized and solar power started flowing into the 220 KV Grid substation in […] Read more
SECI Issues Tender To Build 1000 MW/2000 MWh BESS Updated On Thu, Jun 27th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a tender inviting bids to set up 1000 MW/2000MWh (1000 MW x 2 hrs) standalone battery energy storage systems (BESS) in India. This project was issued under tariff-based global competitive bidding (ESS-2). The tender follows a new push for large battery storage systems in the country […] Read more
Green Stocks June 26: Inox Wind Stock Price Surges By 2.65% Updated On Wed, Jun 26th, 2024 by Saurenergy The stock market today saw a slight rise in stock prices with Inox Wind Energy receiving a positive growth of 2.65%, followed by Sterling and Wilson Renewable Energy receiving a 1.18% rise followed by Shakti Pumps share receiving a gain of 1.17%, whereas, Gensol Engineering stock faced major drop of 2.42%. Company name Closing Price […] Read more
EVs Likely To Clock Around 1.3-1.5 Lakh Sales In FY25, Finds Report Updated On Wed, Jun 26th, 2024 by Saurenergy CareEdge Rating, a rating agency report on passenger vehicle (PV) sales in the automobile industry said that India is expected to experience a strong demand for new model launches. The report attributed this growth to continued growth in demand for Electric Vehicles (EVs) and SUVs coupled with a possible cut in interest rates in the […] Read more
Juniper, SECI Sign PPA For 150 MW Hybrid Project In Two States Updated On Wed, Jun 26th, 2024 by Saurenergy Delhi-based Juniper Green Energy, a renewable energy power producer signed two Power Purchase Agreements (PPAs) with SECI for a 150 MW hybrid project in Gujarat and Rajasthan. This wind-solar hybrid power project is to be developed under Hybrid Tranche VII in Gujarat and Rajasthan. This collaboration aims to generate approximately 477 million units (MUs) […] Read more
