US Announces $7 Billion Solar For All Program For Rooftop Solar Updated On Tue, Apr 23rd, 2024 by Saurenergy In an announcement on Earth Day (April 22nd) that will remind many of India’s very own almost $8 billion PM Suryaghar Yojana, the Biden Administration has announced a massive push for rooftop solar in the US. The program was kicked off with the U.S. Environmental Protection Agency announcing that 60 selectees will receive $7 billion […] Read more
SECI Issues Bid For 20 MW Solar Plant With BESS In Leh Updated On Tue, Apr 23rd, 2024 by Saurenergy Solar Energy Corporation of India (SECI) has issued a tender inviting bids for design, engineering, supply, construction, erection, testing, commissioning, and operation and maintenance (O&M) of a 25 MW solar power project with a 20 MW/50Mh battery energy storage system at Taru, Leh in Ladakh. According to the tender document issued by SECI, the scope […] Read more
Highland Materials Set To Add 20K Tonnes Polysilicon Capacity In US Updated On Tue, Apr 23rd, 2024 by Saurenergy The IRA (Inflation Reduction Act) driven manufacturing bandwagon is still picking up pace in the US. The latest announcement comes from Polysilicon manufacturer Highland Materials, that has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US. The announcement comes even as global polysilicon prices, mirroring the rest of the […] Read more
Karnataka, Gujarat Maintain Lead Among States On Clean Electricity Transition Updated On Tue, Apr 23rd, 2024 by Saurenergy Karnataka and Gujarat continued to showcase their leadership in the progress toward the clean energy transition, a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember shows. This marks the second year of IEEFA and Ember collaboration on the Indian States’ Electricity Transition (SET) report, which evaluates the clean […] Read more
NTPC- REL Invites BOS Bids For 1110 MW Wind Project In Karnataka Updated On Mon, Apr 22nd, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) released a tender inviting online bids for Inter State Transmission System (ISTS) connected wind energy project with a nominal capacity of 1110 MW in Bijapur region, Karnataka, Tranche – II The tender invited shared details for detailed design, engineering, micro-siting, manufacturing, supply, erection, testing, commissioning, and proving the guaranteed […] Read more
Order Wins, Strong Results Propel Green Energy Stocks on April 22 Updated On Mon, Apr 22nd, 2024 by Saurenergy The renewable bandwagon continues on its merry way, with just two out of the 11 stocks in our basket, ironically enough, the largest firms by revenues failing to rise along with the market today. Whole Tata Power and JSW Energy missed out, for KPI Green Energy, Shakti Pumps, Inox Wind Energy and Waaree Renewable, a […] Read more
KP Energy Reports 9.8% Jump In Total Income In FY24, Profit Rises Too Updated On Mon, Apr 22nd, 2024 by Saurenergy Indian power company KP Energy released its financial results for FY24 and Q4 results today. In its latest public disclosure before the Bombay Stock Exchange (BSE), the firm reported a 9.8% jump in its total income. The audited consolidated financial results of the firm said that while in FY23 it witnessed a total income of […] Read more
Premier Energies To Seek Rs 1500 Crore In IPO Soon Updated On Mon, Apr 22nd, 2024 by Saurenergy Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […] Read more
JinkoSolar Enters BNEF Energy Storage Tier 1 List Updated On Mon, Apr 22nd, 2024 by Saurenergy Continuing the trend of leading solar equipment manufacturers making a mark into energy storage as well, leading globak module maker JinkoSolar makes an entry into Bloomberg NEF’s “BNEF Energy Storage Tier 1 List 2Q 2024”. The admission acknowledges Jinko’s quality as well as ambition to continue to be an integral part of the evolving solar […] Read more