India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24 Updated On Wed, Apr 10th, 2024 by Saurenergy India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […] Read more
BMW Group, Rimac Partner To Co-Produce Battery Tech For EVs Updated On Wed, Apr 10th, 2024 by Saurenergy Germany’s BMW Group and Rimac Technology, headquartered near Zagreb, Croatia, recently announced a long-term partnership to co-develop and co-produce innovative solutions in the field of high-voltage battery technology for selected battery-electric vehicles. The BMW Group’s electrification strategy is aimed at building further on its leading position in the electric mobility sector. Even before we reach […] Read more
Gensol Receives Order For Rs. 1783 Crores From Two Companies Updated On Wed, Apr 10th, 2024 by Saurenergy Gensol Engineering Limited has received a total order of Rs. 1783 Cr. for two projects from solar EPC and Let’s EV. The company received an order for Rs. 1783 Crores at the beginning of the Financial Year (FY25), signaling a promising year. It received this order from one Solar EPC (India & Middle East including […] Read more
EU Probes Foreign Subsidies For Chinese Wind Turbines Updated On Wed, Apr 10th, 2024 by Saurenergy After the US, now European Union (EU) Commission recently announced the launch of an inquiry into Chinese suppliers of wind turbines under the new Foreign Subsidies Regulation. This announcement came as Chinese wind turbine manufacturers pushed hard and won some orders in Europe. They offered cheap turbines and generous finance which distorts the integrity of […] Read more
US SEC Disclosure Rules Lead Companies To Cut Emissions Faster Updated On Wed, Apr 10th, 2024 by Saurenergy The US Securities and Exchange Commission (SEC) approved a new rule mandating publicly traded companies to disclose their direct greenhouse gas emissions. According to the rules, the companies will have to disclose the audited financial statements and therefore in the scope of the registrant’s internal control over financial reporting. Further, climate-related disclosures in the registrant’s […] Read more
Canada Pension Board Invests In UK-Based Firm For Offshore Wind Energy Updated On Tue, Apr 9th, 2024 by Saurenergy Canada Pension Plan Investment Board (CPPIB) has invested in UK-based Reventus Power to further its plans to establish the firm as a global player in the offshore wind sector. Consequently, Reventus Power has doubled the size of its global team to approximately 50 offshore wind specialists, increased its presence in the UK, Germany, Poland, and […] Read more
SGEL, APDCL Sign Agreement To Develop RE Projects In Assam Updated On Tue, Apr 9th, 2024 by Saurenergy SJVN Green Energy Ltd (SGEL), a wholly owned subsidiary of the company SJVN Green Energy Limited (SGEL) signed a joint venture cum shareholders agreement with Assam Power Distribution Company Limited (APDCL). The agreement covers the development of renewable energy projects/parks within the APDCL / SGEL or SJVN command area. This project is to be undertaken […] Read more
Tata Power Stock Powers On In Renewable Pack On April 9 Updated On Tue, Apr 9th, 2024 by Saurenergy On a day when the markets corrected mildly, the renewable pack reflected markets sentiments, albeit with much more volatility. Heavyweight Tata Power was the standout, moving 3.39% during the day to Rs 430.40. Solar Pump leader Shakti Pumps, fresh from a successful QIP, was back in the green, moving up 2.3% to Rs 1474. All […] Read more
FIMER’s Made In India Inverters Shine In Key Indian PV Projects: KN Sreevatsa, MD Updated On Tue, Apr 9th, 2024 by Saurenergy 1.How was the year 2023 for FIMER in India In 2023, FIMER achieved a groundbreaking feat by securing its first major order of the year — a substantial 2.45 GW contract from a single client at a specific location in India. This was particularly significant as it involved the successful conclusion of the NTPC Phase […] Read more
