Shakti Pumps Receives Empanelment Letter From MSEDCL For 25,000 Pumps Updated On Thu, Dec 12th, 2024 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Limited (SPIL) today announced receiving a Letter of Empanelment from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 25,000 Standalone Off-Grid solar pumps. This was meant for Solar Photovoltaic Water Pumping Systems (SPWPS) pumps collectively worth Rs. 754.30 Crores (inclusive of GST) for the entire state of […] Read more
Green Stock Dec 12: Adani Green Stock Bounces Back After Rajasthan Project Updated On Thu, Dec 12th, 2024 by Saurenergy After days of struggles, the stocks of Indian renewable energy company Adani Green bounced back today, showing a recovery. The stock today reported a 6.38% jump. This jump in its stock price came to the fore when the firm reported commissioning a 230 MW of solar project in Rajasthan. Madhya Pradesh-based solar pump company Shakti […] Read more
India Adds 14.9 GW Of New RE Capacities In 8 Months Of FY25 Updated On Thu, Dec 12th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) published the latest data on new renewable energy capacity additions in early December. The data revealed that the country added a total of 14.9 GW of new renewable energy capacities (excluding hydro) in the current financial year (till November 2024). According to the report, India’s solar energy […] Read more
Reliance Subsidiary Wins SECI’s 930 MW Solar, 1860 MWh BESS Project Updated On Thu, Dec 12th, 2024 by Saurenergy Reliance Power Limited (Reliance Power) subsidiary, Reliance NU Suntech Private Limited (Reliance NU Suntech), has won a 930 MW solar contract with a battery energy storage system project (BESS). Reliance secured this project from Solar Energy Corporation of India (SECI) in an e-reverse auction held on 9th December 2024. Reliance NU Suntech’s successful bid for […] Read more
ReNew To Go Private? Key Investors Make Offer Updated On Thu, Dec 12th, 2024 by Saurenergy ReNew Energy Global, which got listed at the NASDAQ exchange in the US through the SPAC route back in 2021, could well go private next year, if its biggest investors, including founder Sumant Sinha have their way. A consortium with voting rights of 64% have offered to take the company private at $7.07 per share, […] Read more
Rooftop Solar: 81,188 Govt Buildings Potent To Generate 3 GW Updated On Thu, Dec 12th, 2024 by Saurenergy The latest data from the Ministry of New and Renewable Energy (MNRE) said that the installation of rooftop solar on identified government buildings could harness up to 3.1 GW of solar energy. Minister of State (MoS) of MNRE Sripad Yesso Naik said that the ministry has identified 81,188 such feasible government buildings where rooftop solar […] Read more
Jevargi, Juniper, Avaada, and ACME Secure 1.2 GW FDRE Tender Updated On Thu, Dec 12th, 2024 by Saurenergy NHPC, has announced the winners of its 1.2 GW Firm and Dispatchable Renewable Energy (FDRE) VI auction. It awarded the bids to four winners: Jevargi Solar Power (Rays Power Infra), Juniper Green Energy, Avaada Energy, and ACME Solar Holdings. The tender for this project was released in June this year, and the results have been […] Read more
Green Stocks Dec 11: EPCs Up, Developers Down Updated On Wed, Dec 11th, 2024 by Saurenergy In a role reversal of sorts, solar EPC firms enjoyed their day in the sun today, even as green developers, who had started the week on a bright note, faced selling pressure. All of KPI Green, SWREL, and Waaree RTL enjoyed a day with some gains, especially Shakti Pumps, which made a decisive 5% up […] Read more
States Open Up With More Land Bank Policies For RE Projects Updated On Wed, Dec 11th, 2024 by Saurenergy Marred by hurdles in land acquisition for new renewable energy projects, several Indian states are now coming up with innovative solutions like land banks to tackle the issue of land for green projects. Over the past few months, various states have announced or initiated plans to allocate dedicated land for green projects. Uttar Pradesh Earlier […] Read more
