MAHAGENCO Issues Tender Seeking EPC Contractors For Solar Project Updated On Thu, Jun 20th, 2024 by Saurenergy Maharashtra State Power Generation (MAHAGENCO) recently released a tender inviting bids under two systems, technical/commercial and price bid. The MAHAGENCO seeks bidders to select EPC contractors for the design, engineering, supply, erection, testing, and commissioning of 65 MWAC capacity crystalline solar PV technology. The project is located in a village in Lakhmapur, Taluka in Chandrapur […] Read more
Hubject & Exicom Partners To Enhance EV Charging Updated On Thu, Jun 20th, 2024 by Saurenergy Hubject, the EV Interoperability market leader, has entered into a strategic partnership with Exicom, India’s largest EV charger manufacturer, charge point operators, and other ecosystem players. The overall aim of the partnership is to use Hubject’s innovative interoperability technology to improve the charging experience for EV drivers in India. This includes Hubject’s interchange platform, which […] Read more
Low Solar Prices In China-The Indian Perspective Updated On Thu, Jun 20th, 2024 by Saurenergy Spending time at SNEC PV last week at Shanghai in China, one couldn’t help but wonder about the end game as far as current low solar prices go. For starters, despite the stubbornness of the Indian government when it comes to offering a friendly, or even reciprocal approach to the Chinese, that is still missing […] Read more
Cabinet Approves Viability Gap Funding For Offshore Wind Updated On Thu, Jun 20th, 2024 by Saurenergy The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […] Read more
LONGi Showcases Black Back Contact Module At Intersolar 2024 Updated On Thu, Jun 20th, 2024 by Saurenergy Leading Chinese solar PV module manufacturer LONGi has launched a new black dual-glass back contact module with a 22.3% conversion efficiency. Targeted at the European market, the new module hopes to meet higher aesthetic standards and minimum efficiency expectations from the demanding European market. Besides the Ultra black, LONGi is showcasing five module innovations based […] Read more
Gensol Engineering Allotted Additional 250 MW (500 MWh) for GUVNL’s BESS Project Updated On Thu, Jun 20th, 2024 by Saurenergy Gensol Engineering Ltd. has received the second tranche under greenshoe option allotment of 250 MW/500 MWh from Gujarat Urja Vikas Nigam Limited (GUVNL) for standalone Battery Energy Storage Systems (BESS) project to reach 500 MW / 1000 MWh. According to Gensol, the project including first and second tranche will generate a total revenue of INR […] Read more
Green Stock June 19: Shakti Pumps & Waaree Renewable Stocks Shine Brighter Updated On Wed, Jun 19th, 2024 by Saurenergy In the stock market today, Shakti Pumps continues to witness a positive growth rate of 5% alongside Waaree Renewable whose stock saw a 2.27% growth. Company name Closing Price On May 18 Closing Price on June 19 Change % Borosil Renewables Ltd 497.10 492.20 -0.99% Waaree Renewable Technologies Ltd 2023.40 2069.40 +2.27% Sterling and Wilson […] Read more
Brookfield To Get IFC Funds For 550 MW Rajasthan Solar Park Updated On Wed, Jun 19th, 2024 by Saurenergy A portion of the funding required by Brookfield Asset Management to construct a 550-MWp solar park in the Indian state of Rajasthan would come from the International Finance Corporation (IFC). The Canadian organisation will be compensated USD 105 million (EUR 98 million) for long-term non-convertible debentures that are assigned to the special purpose vehicles of […] Read more
Power Demand Pushes Battery Makers Revenue By 10-11%: CRISIL Research Updated On Wed, Jun 19th, 2024 by Saurenergy CRISL Rating’s latest report anticipates the domestic lead-acid battery manufacturers’ revenue to grow 10-11% in fiscal 2025. The report found this to be a close mirroring ~12% which was seen last fiscal year. Moreover, growth is expected to be driven by steady demand in the mainstay automotive segment and tailwind from rising 5G penetration, expansion […] Read more
