China Overcapacity ‘Overrated’, Say China Researchers Updated On Tue, Jul 16th, 2024 by Saurenergy Ju Jiandong, Director of the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University and Feng Lu, Assistant Researcher with the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University make the case that overcapacity in the green energy sector is a temporary […] Read more
Green Stocks July 15: KPI Green Stock Surges 5%, Takes The Lead Updated On Mon, Jul 15th, 2024 by Saurenergy After a long gap, the stock market today saw positive growth, where the stock price of most solar energy companies moved upwards. On the lead, with 5% growth was KPI Green Energy. It was followed by Inox Energy and SJVN receiving 2.17% and 2.06% respectively. Other companies that witnessed positive movements were Borosil Renewables, Waaree […] Read more
SolarPower Europe Sets Unified Cybersecurity Standards For PV Updated On Mon, Jul 15th, 2024 by Saurenergy Digitalization in the energy sector offers significant opportunities for Europe. It can enhance power plant efficiency and provide flexibility in managing decentralized energy resources. According to SolarPower Europe’s recent report, digital flexibility solutions could potentially save 32 billion EUR by 2030 and 160 billion EUR by 2040. The report aims to establish a unified cybersecurity […] Read more
Global Battery Storage Capacity Set To Reach 2,200 GW By 2050: Report Updated On Mon, Jul 15th, 2024 by Saurenergy BP Energy Outlook 2024 report, reported a rise in global power generation to nearly 25,000 TWh under current projections. This increase is closely paralleled by an approximately eight-fold rise in wind and solar power, reaching 23,000 TWh. The study projects a 40% decline in global coal-fired generation by 2050, with significant decreases expected across most […] Read more
BluSmart Secures Rs. 200 Cr In Pre-Series B Funding Round Updated On Mon, Jul 15th, 2024 by Saurenergy BluSmart, the Gensol backed EV RideHailing service provider recently completed its Pre-Series B funding round, in which the company secured Rs. 200 Crore (USD 24 million). The funding will further assist BluSmart in expanding its EV operations and building EV charging infrastructure in major Indian cities. This new investment round saw participation from new investors […] Read more
Rooftop Solar: Gujarat, Maha Added Highest Capacities In 7 Months Updated On Mon, Jul 15th, 2024 by Saurenergy Months after the launch of the PM Surya Ghar scheme, several states have seen increased installation of rooftop solar systems (RTS). However, the three Indian states seem to have taken the lead in the country with the highest installation share in the country. These include-Gujarat, Maharashtra and Kerala. Government data compared by Saur Energy revealed […] Read more
SJVN Issues Tender For 1.2 GW Hybrid Projects Across India Updated On Mon, Jul 15th, 2024 by Saurenergy SJVN recently released a tender for the selection of hybrid power developers for setting up 1200 MW ISTS-connected wind-solar hybrid power projects in India. The tender mandates the hybrid power Developer (HPD) to set up a project that includes a transmission network up to the Interconnection/ Delivery Point. The project is undertaken to supply wind-solar […] Read more
Spanish Rules For Floating Solar Plants Set A New Benchmark Updated On Mon, Jul 15th, 2024 by Saurenergy Last week, the Spanish cabinet passed a regulation regarding the installation of floating solar PV (FPV) on reservoirs in the country. In a royal decree to notify the regulations, Spanish Ministry for the Ecological Transition and the Demographic Challenge (MITECO) moved ahead with regulations considered a mix of common sense and scientifically conservative to allow […] Read more
IREDA Q1 Results: 32% Revenue Growth, 30% Net Profit Jump Updated On Mon, Jul 15th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) announced its audited financial results for the first quarter of fiscal year 2024-25 today. As the largest Pure-Play Green Financing NBFC in the country, IREDA achieved a new industry standard by publishing its Audited Financial Results within only 12 days. IREDA has achieved Profit After Tax of Rs. […] Read more
