President Approves VGF Scheme For 1 GW Offshore Wind Projects Updated On Fri, Sep 13th, 2024 by Saurenergy President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […] Read more
Solarium Green Energy Limited Is BSE Bound, Files DRHP With BSE Emerge Updated On Fri, Sep 13th, 2024 by Saurenergy Ahmedabad-based Solarium Green Energy, specializing in Turnkey solutions for solar projects, including design, engineering, procurement, testing, installation, commissioning, transmission systems, and comprehensive O&M services, has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO, The issue size will be of up to 55,00,000 Equity Shares. The objective of the issue […] Read more
Green Stocks Sep 12: Inox Wind, Premier Energies Lead The Chart Updated On Thu, Sep 12th, 2024 by Saurenergy Two renewable energy companies-Inox Wind and Premier Energies today witnessed the highest jump of single-day increase in stock prices. Wind energy company Inox Wind reported the highest rise of five percent in its stock prices compared to its stock price yesterday. On the other hand, Premier Energies reported an increase of 3.26 percent in its […] Read more
Coal India Drops Module Making Plan, To Focus On More RE Updated On Thu, Sep 12th, 2024 by Saurenergy Read more
Jharkhand Plans RESCO Aid To Boost Solar Growth In Giridih Updated On Thu, Sep 12th, 2024 by Saurenergy The Jharkhand Renewable Energy Development Agency (JREDA) has now decided to rope in the services of RESCO (Renewable Energy Service Company) to boost the growth of solar energy in Giridih. Giridih is the proposed solar city of Jharkhand. As the per the plan of the state renewable agency of Jharkhand, JREDA seeks to develop a […] Read more
Punjab To Issue 20,000 New Solar Pumps, Opens Application Updated On Thu, Sep 12th, 2024 by Saurenergy The Punjab Energy Development Agency (PEDA) has issued a notification inviting applications from state farmers for 20,000 new solar pump connections. To facilitate this, the state nodal agency has earmarked 37 blocks across 12 districts. PEDA clarified that in addition to these 37 blocks, farmers from other regions identified as dark zones can also apply […] Read more
Eastman Auto Sets Sights On Rooftop Solar, Last Mile Mobility With Key Leadership Changes Updated On Thu, Sep 12th, 2024 by Saurenergy Eastman Auto & Power Ltd. has announced key additions to its leadership team at Elevate, Eastman’s leadership meet. The event marked a milestone as the newly strengthened senior leadership of the company came together to collaborate, innovate and further accelerate Eastman’s journey towards its future as a leader in Last Mile E-mobility Solutions and Solar […] Read more
Ireland Hopes for 1334 MW Of RE Additions After Round 4 of Capacity Auctions Updated On Thu, Sep 12th, 2024 by Saurenergy Provisional results from the fourth round of the Irish Renewable Energy Support Scheme (RESS 4) confirm 1,334 MW of renewable energy bids that meet criteria. Of this, 960MW is solar PV and 374MW onshore wind. The average auction price has come in at €96.85 (£81.73) per MWh, with the generation-weighted average price for solar projects […] Read more
No Subsidies For Passenger Cars In Rs 10,900cr PM E-Drive Scheme Updated On Thu, Sep 12th, 2024 by Saurenergy The Union Cabinet, on September 11, approved the PM E-Drive Scheme for boosting adoptipn of electric vehicles in India. The PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) Scheme earmarks Rs 10,900 crores over the next two years with a sharp focus away from passenger cars to other key categories like 2 wheelers, […] Read more