Q2 Results: ReNew Reports 31% Increase In Net Profits Updated On Wed, Nov 20th, 2024 by Saurenergy Renewable energy company ReNew Power today announced its consolidated quarterly (Q2) financial results for the three months ending September 30, 2024. The company reported a 31 percent growth in its Profit After Tax (PAT) vis a vis the same period last year. Whereas, ReNew’s total income/ total revenue for Q2 FY25 was Rs. 29,887 million […] Read more
Juniper Green, ReNew, Zelestra and Hero Future Winners In SJVN 1.2GW FDRE Tender Updated On Thu, Oct 10th, 2024 by Saurenergy SJVN has closed the second tender for developer selection to provide 1.2 GW of firm and dispatchable power from renewable energy projects equipped with energy storage systems. The lowest tariff discovered in this tendering process stood at Rs 4.25 per kWh. Four developers have secured their project capacities by quoting the lowest tariff for the […] Read more
India Needs 100 GW Storage To Avoid Energy Shortages: Report Updated On Wed, Jul 24th, 2024 by Saurenergy In a report that goes against the actions of the Indian government (more thermal, faster deployment of PSP), Berkeley has made a case for solar and battery storage to solve the country’s power demand issue. Solar plus storage can not only help to avoid power shortages in India but also help to prevent a solar […] Read more
NTPC Discovers Tariffs Below Rs 4.65 In 3 GW FDRE 2 Auctions Updated On Sat, Mar 23rd, 2024 by Saurenergy NTPC’s 3 GW FDRE (Firm and Dispatchable Renewable energy) Tranche 2 auctions. Meant to supply round the clock power through the Inter State Transmission System (ISTS), the auctions were launched in October last year, and widely seen as a key milestone in plans to add storage capacity to the grid. The prices discovered by NTPC […] Read more
CERC Order Paves Way For Bundling RE With Thermal For DVC Updated On Wed, Mar 6th, 2024 by Saurenergy In an important order dated March 5 that paves the way for the signing of PPAs between Damodar Valley Corporation (DVC) on one side and ReNew Power and Avaada Energy for 500 MW of solar procurement, the Central Electricity Regulatory Commission (CERC) adopted the discovered tariffs proposed by DVC. The tariffs are notable for being […] Read more
India’s Top Ten Solar Module Manufacturers Updated On Fri, Nov 10th, 2023 by Saurenergy A recent announcement by the All India Solar Manufacturers Association (AISMA) has put the spotlight on India’s surging manufacturing capacity, which has crossed the 60 GW mark recently. Highlighting the details, the association showcased that 27 of the almost 100 manufacturers account for 50 GW of installed capacity now, even as significant fresh capacities are […] Read more
Grumblings From European Solar Manufacturers Start Over Falling Prices Updated On Mon, Sep 18th, 2023 by Saurenergy At SaurEnergy, even as solar manufacturing has been incentivised, pushed and supported by every means possible, we have regularly highlighted the need to consider the sustainability of it all. Well, the first rumblings have already started, not from the manufacturers who are establishing new capacities, but from already established players in Europe. In an open […] Read more
SAEL, Renew Power, Jakson, Avaada Among Winners of Big 2000 MW SECI Tender Updated On Sat, Jul 22nd, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has announced the results for its tranche XI bidding for the big tender for 2000 MW interstate transmission system (ISTS)-connected solar projects in the country. Jakson, Eden Renewables, SAEL, Shiva Corporation, ReNew Power and Avaada Energy have been declared winners through competitive bidding. While SAEL and ReNew Power […] Read more
WattPower In Agreement With Renew Power For 1.2 GW Of String Inverters By Dec 2023 Updated On Thu, Jun 22nd, 2023 by Saurenergy WattPower, a leading provider of innovative energy solutions, has announced a ground-breaking deal with ReNew Power, India’s leading renewable energy company by installed capacity. The agreement entails the supply of 1.2 Giga Watts (GW) of string inverters, making it one of the largest deals in the solar inverter industry. With a contract value of close […] Read more
