MP Solar Developer Directed to Pay Up To CTUIL By APTEL Updated On Mon, Dec 23rd, 2024 by Saurenergy In an appeal taken all the way to APTEL by SEI Sunshine Power Pvt. Ltd. and its group companies against the Central Electricity Regulatory Commission (CERC), the apex regulator went with the latter in directing the firm to pay up as directed by CERC earlier. The amount involved is Rs 18.25 crores approx. Issue: The […] Read more
CERC Lays Down Process For Scheduling of Infirm RE Power After COD Updated On Mon, Dec 23rd, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) published the Indian Electricity Grid Code (IEGC) Regulations, 2023, which came into effect on October 1, 2023. Amendments and orders have been issued to address difficulties in implementing certain provisions. The commission has the power to issue Removal of Difficulties order where it feels the intent of the rules […] Read more
Green Stocks Dec 20: Amid Market Mayhem, Some Green Stocks Make a Point Updated On Fri, Dec 20th, 2024 by Saurenergy On a day when the market left few stocks unscathed in a broad slump, it was left to a few green stocks to hold out yet again, Starting with EPC firm KPI Green Energy, which rose 5%, to Premier Energies which somehow stayed in the green. However, the sharp drop in many others, notably SWREL […] Read more
Zodiac Energy Receives Its First International Solar Order Updated On Fri, Dec 20th, 2024 by Saurenergy Indian Renewable Energy company Zodiac Energy today announced receiving its first international rooftop solar order. The firm in its latest filing before exchanges informed its investors about the details of the order. The firm said that it received the order from Zambia to construct a rooftop solar system on a turnkey basis. This project will […] Read more
ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge Updated On Fri, Dec 20th, 2024 by Saurenergy A latest report by CareEdge Ratings said that the imposition of an Approved List Of Models and Manufacturers (ALMM) for solar cells in India can push solar tariffs up by up to Rs 40 paise per unit to Rs 50p/unit. The Ministry of New and Renewable Energy (MNRE) has planned to bring in ALMM for […] Read more
Waaree Energies Starts Trial Production Of Modules From Its US Plant Updated On Fri, Dec 20th, 2024 by Saurenergy Solar module manufacturer Waaree Energies today announced producing its first solar module from its United States (US) manufacturing unit. The full-fledged production from the center is however is likely to start from February 2025. It also said that it has now started its trial production from its US plant. “This is to inform you that […] Read more
Waaree Renewable To Be Listed In NSE Soon Updated On Fri, Dec 20th, 2024 by Saurenergy Indian renewable energy company Waaree Renewable will soon be listed before the National Stock Exchange (NSE). The Engineering, Procurement and Construction (EPC) arm of the Waaree Group recently informed its investors. The BSE-listed company discussed the issue in its latest filings. Its board of Directors recently approved the decision. “This is to inform you that […] Read more
Green Stocks Dec 19: Green Stocks Slide With Broader Market Updated On Thu, Dec 19th, 2024 by Saurenergy The news of the US Fed going in for fewer rate cuts than expected in 2025 spooked global markets, and the Indian markets as well. Thus, interest rate-sensitive sectors reflected the weakness in the markets. Green energy stocks, almost all of which have a healthy debt situation, but will invariably be raising more debt in […] Read more
Indian Renewable Energy Lending Up By 60%, Says CFA Report Updated On Thu, Dec 19th, 2024 by Saurenergy The latest report from the Centre for Financial Accountability (CFA) said that lending for renewable energy projects in India has increased. CFA released its seventh annual Coal Versus Renewables Investment report today, shedding the light on the issue. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope […] Read more
