Hexa Climate, ACME And Avaada Energy Secure NTPC’s FDRE Tender Updated On Sat, Nov 9th, 2024 by Saurenergy NTPC Limited has now declared Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy as the winners of its 1,200 MW Firm and Dispatchable Renewable Energy (FDRE) auction. The tender for this project was issued in June this year, and the results were released within four months. Only 760 MW of the 1.2 GW was […] Read more
MERC Grants Relief To Wind Company Due To Force Majeure Updated On Fri, Nov 8th, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, provided relief to Clean Wind Power (Bhavnagar), a subsidiary of Hero Wind Energy Private Limited (Hero). This case highlights the importance for renewable energy developers to carefully draft contracts, anticipate potential disruptions, and ensure compliance with regulatory requirements to mitigate risks. In its order, MERC […] Read more
Premier Energies Reports Surge In Profits In Q2 Updated On Fri, Nov 8th, 2024 by Saurenergy Indian solar module and solar cell manufacturer Premier Energies announced its Q2 results for FY25, for the first time after getting listed on the Indian stock exchange. The company, on a consolidated basis, reported an increase in its revenues and net profits on a Year-on-Year (YoY) basis but a dip in its revenue on Quarter-on-Quarter […] Read more
Green Stock Nov 8: Dip In Stock Prices Continues To Haunt Green Stocks Updated On Fri, Nov 8th, 2024 by Saurenergy Days after the announcement of the new US President and higher growth of green stocks, the happy hours now seem to have faded. Most of the green stocks suffered losses and went back to pre-US election result days figures or even lower than that. The highest dent was seen by Waaree Energies whose stock rose […] Read more
Rajasthan’s Struggles With PM Surya Ghar Scheme Updated On Fri, Nov 8th, 2024 by Saurenergy Despite being known for its high solar irradiation and hosting India’s largest solar park, Rajasthan seems to be struggling with the implementation of the PM Surya Ghar scheme. The slow pace of installations since the scheme’s launch has affected the state’s reputation as a leader in renewable energy. This underperformance is in stark contrast to […] Read more
Hybrid Projects Demand More Planning: Naresh Mansukhani (CEO, Juniper Green) Updated On Fri, Nov 8th, 2024 by Saurenergy Tell us about the journey of Juniper Green in India till now. We launched Juniper Green as a solar-focused platform in 2018, primarily because solar energy is more predictable. During that time wind project tariffs were dropping too low. In 2021, we expanded our capabilities to include wind and storage projects. As a result, we […] Read more
COP29 Needs Clear Roadmap To Spur Lending For RE Projects: IEEFA Updated On Fri, Nov 8th, 2024 by Saurenergy At the 29th Conference of Parties (COP29) in Baku, dubbed the “climate finance COP”, representatives of different countries should deliver key decisions to design policies and regulations and offer institutional support that encourages banks to lend more to the renewable energy sector, a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) states. The […] Read more
CESL Issues Tender To Bring 1,800 Cargo E-Cycles In Four States Updated On Fri, Nov 8th, 2024 by Saurenergy To scale up the demand for energy efficiency projects in India, Convergence Energy Services Limited (CESL), an Energy Efficiency Services Limited (EESL) subsidiary released a tender to promote micro-mobility solutions in Bihar, Kerala, and Madhya Pradesh. CESL’s latest tender uses part of the financing received by the Indian government from the Asian Development Bank (ADB). […] Read more
Insolation Energy Reports 307% Surge In Profits In H1 Updated On Fri, Nov 8th, 2024 by Saurenergy Indian solar module manufacturers Insolation Energy (INA Solar) has published its latest financial results for the first half of FY25. The latest report revealed that the firm reported an increase in its total revenue and net profits in H1FY25, compared to H1 of FY24. The financial results said that the company led by Manish Gupta […] Read more
