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
RE Push Can Lead To 24% Dip In Coal Power Generation By 2030: CEEW Study Updated On Fri, Nov 8th, 2024 by Saurenergy India’s current climate policies are already helping bend its long-term emissions curve and are projected to reduce CO2 emissions by almost 4 billion tones between 2020 and 2030, a latest report from the Council on Energy, Environment and Water (CEEW) said. This reduction is equivalent to nearly 1.6 times the European Union’s CO2 emissions in […] Read more
Alpex Solar Gets Solar Pump Order In Haryana Under PM-KUSUM Updated On Fri, Nov 8th, 2024 by Saurenergy Alpex Solar, an integrated solar energy solutions company announced securing a fresh order valued at Rs 34.51 crore. The latest contract is for the supply of 1,141 solar pumps to the Haryana Renewable Energy Department (HAREDA) under Component-B of the PM-KUSUM scheme. This follows the company’s recent success in securing two major orders worth Rs […] Read more
Mahanagar Gas, IBC Set To Invest Rs. 230 Cr In Bengaluru Gigafactory Updated On Fri, Nov 8th, 2024 by Saurenergy Indian natural gas distribution company, Mahanagar Gas Limited (MGL), recently signed a Share Subscription Agreement (SSA) and a Shareholding Agreement (SHA) with International Battery Company, Inc. (IBC US). Through this collaboration, both parties plan to invest in International Battery Company India Private Limited (IBC India), currently a 100% subsidiary of IBC US. Under the agreement, […] Read more
Could The Trump Presidency Cast A Shadow On Indian Solar Module Makers? Updated On Fri, Nov 8th, 2024 by Saurenergy The re-election of Donald Trump as the new President of the United States (US) may alter the market dynamics for Indian solar module manufacturers. Speculations are now rife over the likely fate of the Indian solar industry with Trump’s re-election. Those who have business interests in the US solar market are likely to get affected […] Read more
RRUVNL Launches Rajasthan’s First BESS Tender For 1000MWh Updated On Thu, Nov 7th, 2024 by Saurenergy To meet its expanding energy needs, Rajasthan’s state power generation company, Rajasthan Rajya Vidyut Utpadan Nigam (RRUVNL), has announced its first standalone Battery Energy Storage System (BESS) tender. This 500 MW/1000 MWh tender, which includes a greenshoe option, will be developed across six locations: Giral Lignite Power Project in Barmer; Suratgarh Thermal Power Station; RVPNL […] Read more
Green Stocks Nov 7: Stocks Dragged Down With Market Updated On Thu, Nov 7th, 2024 by Saurenergy Market gyrations caught up with green sticks yet again, as most slipped along with the broader market. The standouts were solar glass maker Borosil Renewables and Shakti Pumps, which hit the upper circuit today. With most results out of the way, it is clear that many in the markets believe that upsides in green stocks […] Read more
