DERC Proposes Rs 150cr Limit For New Intra State Power Projects Updated On Mon, Sep 2nd, 2024 by Saurenergy Delhi Electricity Regulatory Commission (DERC) in its latest notification has proposed a threshold limit to develop Intra-State Transmission Projects under its proposed Draft Tariff Based Competitive Bidding) Regulations, 2024. The draft laid down certain criteria for setting the threshold limit. For instance, the notification stated, “The threshold limit of above Rs. 150 crores excluding land […] Read more
Green Stocks Sept 2: Adani Green, SJVN Stocks Shine Updated On Mon, Sep 2nd, 2024 by Saurenergy As the market opened up this Monday, most green energy companies witnessed a plunge in their stock prices. Only three companies namely-Adani Green, SJVN and Sterling & Wilson witnessed a positive growth in their stock prices. The stock prices of Adani Green (AGEL) witnessed the sharpest rise of 5.69 percent. It was followed by SJVN […] Read more
As Chinese Solar Firms Raise Silicon Wafer Prices, Will Transmission Happen To Cells and Modules? Updated On Mon, Sep 2nd, 2024 by Saurenergy With the recent increase in silicon wafer prices by certain Chinese solar companies including Longi, the firms hope that this will also impact the cost of solar cells exported from China to other countries. Given China’s dominant position in solar cell exports, higher wafer prices could influence global solar module costs in destination markets. Prices, […] Read more
L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment Updated On Mon, Sep 2nd, 2024 by Saurenergy Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […] Read more
Jinko Solar Q2 Results-Revenues Down 21.6%, Profits Slump 44% Updated On Mon, Sep 2nd, 2024 by Saurenergy JinkoSolar Holding Co., Ltd., one of the largest solar module manufacturers in the world, has announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Business Highlights Module shipments grew by 34.1% year-over-year to 23.8 GW in the second quarter, ranking first in the industry. At the end of […] Read more
At EESA Shanghai, SOFAR Showcases Storage Solutions Updated On Mon, Sep 2nd, 2024 by Saurenergy In a sign of the times, the 3rd EESA Energy Storage Expo kicked off at the Shanghai National Exhibition and Convention Center(SNEC) on September 2 to a massive reception. As a professional exhibition for the world leading energy storage industry from China, the event attracted numerous leading companies from the energy storage supply chain. Firms […] Read more
Ministry Of Finance Grants Navratna Status To SECI, NHPC And SJVN Updated On Mon, Sep 2nd, 2024 by Saurenergy In a significant indicator of their growing stature and performance, the Ministry of Finance recently conferred ‘Navratna’ status to three Central Public Sector Enterprises (CPSE) namely, Solar Energy Corporation of India (SECI), National Hydroelectric Power Corporation (NHPC), and SJVN to develop and expand Renewable Energy (RE) capacity in India under the Ministry of New and […] Read more
MingYang Defies Skeptics With Successful Installtion of 20 MW Offshore Turbine Updated On Mon, Sep 2nd, 2024 by Saurenergy Proof if ever was needed, on the next frontier for Chinese renewable equipment majors, is here. Offshore wind turbines, probably the last big segment that Chinese firms turned their attention to, has a new record holder for turbine size at 20 GW, in the form of Chinese renewable energy equipment manufacturer Mingyang Smart Energy. Mingyang […] Read more
Solar Generation In India Improved In FY24: Fitch Ratings Updated On Mon, Sep 2nd, 2024 by Saurenergy In the financial year ending March 2024 (FY24), India saw improved power generation performance. However, overall power generation was slightly below the one-year P90 forecasts, Fitch Ratings reports. Fitch Ratings, a credit rating organization headquartered in both New York and London, observed an increase in generation at the portfolio level. The company reported a 4% […] Read more
