India

L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment

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 […]

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Solar Generation In India Improved In FY24: Fitch Ratings

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% […]

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5 Indian Solar Firms With Plans To ‘Make In USA’

Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the world’s solar wafers and over 80% of the world’s polysilicon. These two components alone account for more than half the value […]

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NTPC Issues 1.2 GW Hybrid Tender With 600 MW Greenshoe Option

NTPC has released a tender to select hybrid power generators for the supply of 1.2 GW of power from inter-state (ISTS)-connected wind-solar hybrid power projects anywhere in India. This project has a greenshoe option for an additional capacity of up to 600 MW on a Build-Own-Operate (BOO) basis with 20th of September set as the […]

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SunSource Energy Commissions 21 MWp Solar Project In Tamil Nadu

SunSource Energy, a solar energy solutions provider and a subsidiary of SHV Energy, a 127-year-old Dutch Multinational, commissioned a 21 MWp solar power plant in Ramanathapuram in Tamil Nadu. This project, spanning 50 acres, marks SunSource Energy’s foray into the state.  SunSource Energy has already tied up with leading Commercial and Industrial (C&I) businesses for […]

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Khavda: GameChange Solar, SWREL Partner For 750MW Solar Project

GameChange Solar, a global solar tracking solutions supplier for ground-mounted PV plants, signed a solar tracker supply contract with Sterling and Wilson Renewable Energy Limited, a global pure-play, end-to-end renewable EPC solutions provider based in India. Under the agreement, GameChange will supply its Genius Tracker™ solar trackers for a massive 750 MWp Solar PV Plant […]

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Extended Wait Ahead For Any Price Drops In Solar, Wind

If you track India’s renewable sector, you couldn’t have failed to notice the seeming exuberance in recent months. Amplified by the soaring valuations of listed firms on the country’s stock exchanges, at SaurEnergy, we have tracked how a basket of ‘green energy’ stocks we track has grown over 120% in value over a year. This […]

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GoodWe India Expands Distribution Network To Boost Presence

GoodWe, a sustainable energy solutions company today announced a significant growth in its distribution network, marking a major milestone in its plan to making solar energy accessible across India. The global inverter company’s channel now features five major distributors, each playing a pivotal role in its expansion and reach. The company’s long-standing partners, Evervolt and […]

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ZF Wind Power Coimbatore Rolls Out 50 GW Wind Gearboxes

ZF Wind Power, a technology-driven manufacturer and service partner in the global wind turbine gearbox industry, has achieved a total production capacity of 50 GW of gearboxes at its manufacturing facility in Coimbatore, India. The ZF Wind Power plant in Coimbatore is one of the largest wind gearbox production facilities in the world outside of […]

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