IEX Q3 Results-Revenues Up 13.7%, PAT Up 22.8% Updated On Fri, Jan 24th, 2025 by Saurenergy Indian Energy Exchange (IEX), the largest electricity trading exchange in India, has reported its results for the third quarter of FY25. The firm reported electricity volumes of 30.5 Billion Units in Q3FY’25, a 15.9% increase from 26.3 BUs in Q3 FY’24. Renewable energy certificates in Q3FY’25 at 26.52 lakhs, increased 31% from 20.24 lakh in […] Read more
Q3 Adani Energy Solutions: PAT Up 80% YoY At Rs 625 Cr. Updated On Fri, Jan 24th, 2025 by Saurenergy Adani Energy Solutions Limited (AESL), a part of the Adani portfolio and a transmission and distribution company in India shared its financial and operational performance for the quarter and nine months ended December 31, 2024. The company highlighted some of its key achievements for Q3. “Adani Energy Solution saw a robust growth of 24% in […] Read more
India To Add 25 GW Of Solar Capacity By FY25 End: Ind-Ra Updated On Wed, Jan 22nd, 2025 by Saurenergy India Ratings and Research (Ind-Ra), a research organization in its latest report maintains a stable rating outlook for energy infrastructure projects for FY26. Four major factors drive this outlook: India’s economic growth, a sustained energy transition with renewables gaining a higher share in installed capacity and generation, a strong pipeline of capacity additions (both renewable […] Read more
SBI Caps: Open Access Offered 20% Cost Advantage In Four States Updated On Thu, Jan 16th, 2025 by Saurenergy India saw 2024 as a pivotal year for renewable energy, surpassing the 200 GW threshold in installed capacity. Solar energy installed capacity registered a healthy 8% y/y growth in CY24. The SBI Caps report noted exceptional growth and a blip in energy demand, with the non-utility share standing out due to a 25% increase, the […] Read more
Tandem Solar Modules Can Reduce Manufacturing Costs: NREL Updated On Wed, Jan 15th, 2025 by Saurenergy Increasing solar module efficiency and expanding manufacturing capacity play complementary roles in reducing the costs of metal halide perovskite/silicon tandem solar modules, according to researchers at the US Department of Energy’s National Renewable Energy Laboratory (NREL). Each cost lever can play a similar role depending on a manufacturer’s ability to scale up and improve module […] Read more
Imec, EnergyVille Perovskite Solar Modules Retain 78% Stability After 1 Yr Updated On Mon, Jan 13th, 2025 by Saurenergy Belgium-based Imec, a partner in EnergyVille, collaborated with the University of Cyprus, to demonstrate long-term outdoor stability of perovskite solar modules. Mini-modules of 4 cm2, developed at imec/EnergyVille, were evaluated over two years in real-world conditions in Cyprus, with a power efficiency retention of 78 percent after one year, which current perovskite solar modules only […] Read more
IREDA Q3 Results- PAT Up 26.7% on 25% Rise In Disbursements Updated On Fri, Jan 10th, 2025 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its financial results for the third quarter of FY 2024-25, showcasing significant growth across key financial metrics. As the nation’s largest pure-play Green Financing NBFC, IREDA has been focusing on publishing its Quarterly Audited Financial Results quickly, in this case within just 9-days. Key Highlights of […] Read more
EU Solar Hits 65.5 GW, Risks Missing 2030 Target by 100 GW Updated On Thu, Jan 9th, 2025 by Saurenergy The European Union (EU) solar market reached a new all-time high of 65.5 GW, but the annual growth has drastically decelerated. The market surged in the utility-scale solar market segment in 2024 at the expense of residential rooftop solar losses, found a Solar Power Europe report. The EU Market Outlook for Solar Power 2024-2028 warns […] Read more
CEA Report Redefines CO2 Baseline For Indian Power Sector Updated On Tue, Jan 7th, 2025 by Saurenergy Central Electricity Authority’s (CEA) latest government report on the CO2 Baseline Database for the Indian Power Sector revealed the impact of the Clean Development Mechanism (CDM) methodologies on the energy projects and on lowering the carbon intensity of the electricity grid. This report aims to provide an authentic baseline to measure emissions data and ensure […] Read more
