Green Stocks Dec 5: Rare Day Of Underperformance For Green Stocks Updated On Thu, Dec 5th, 2024 by Saurenergy On a day when the Nifty 50 mounted a strong show, our Green Energy Pack had a rare day, with just Waaree Energies standing out with a 4% gain. After its surprisingly strong run this week, NTPC Green corrected over 4.5% today, a healthy correction, many would say. Premier Energies also paused after the strong […] Read more
Bihar Awards Solar Streetlight Contract To Bondada Engineering Updated On Thu, Dec 5th, 2024 by Saurenergy The Bihar Renewable Energy Development Agency (BREDA) recently granted Rs. 1,08,90,02,500 of work orders to Bondada Engineering. The award was given to the company to install solar streetlights in the state to bolster the growth of the use of solar lights in rural areas. The project was also envisaged to reduce the dependency of streetlighting […] Read more
NueGo Becomes 1st Premium Intercity E-Bus Service To Touch 100 Cities Updated On Thu, Dec 5th, 2024 by Saurenergy NueGo, the electric intercity mobility brand from GreenCell Mobility, has expanded its network to 100 operational routes across India. The company recently launched seven new routes, connecting cities including Jaipur-Kota, Delhi-Hisar, Amritsar-Jammu, Indore-Ratlam, Hyderabad-Kurnool, and Bangalore-Mysore. The company said that with this it became India’s first premium intercity electric coach service to operate in more […] Read more
BIPV Consumers Need Better Tariff Support: CSTEP-GIZ Report Updated On Thu, Dec 5th, 2024 by Saurenergy The latest draft report prepared by two think tanks batted for preferential tariffs for the consumers of Building Integrated Photovoltaics (BIPV). Centre for Study of Science, Technology, and Policy (CSTEP) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) has prepared this document. This document has been prepared as a draft guideline for BIPV in India. The […] Read more
MP Govt Approves 442.04 Acre Land For RE Equipment Manufacturing Updated On Thu, Dec 5th, 2024 by Saurenergy The Madhya Pradesh Cabinet has now approved the expansion of the area of Industrial Area Mohasa-Babai in Narmadapuram district to promote electrical and renewable energy equipment manufacturing. At a council of ministers meeting, the Madhya Pradesh (MP) Chief Minister Mohan Yadav approved the expansion plans. The Cabinet decided to add 442.04 acres of land in Industrial […] Read more
5 Reasons Why Lower Renewable Energy Prices Are Unlikely To Lead to Lower Electricity Bills Updated On Thu, Dec 5th, 2024 by Saurenergy For the lay reader, it has been a mystery how despite headline news of renewable bids being awarded at figures like Rs 2.50/kW to Rs 3.00, their final power bill seems to be on an inexorable climb upwards. This is despite the fact the RE power itself was priced at a huge premium as recently […] Read more
Gujarat, Maharashtra Top In PM-KUSUM (Comp-C): Data Updated On Thu, Dec 5th, 2024 by Saurenergy The latest government data revealed that Gujarat and Maharashtra topped the list under Component C of the PM-KUSUM scheme. The scheme is aimed at solarising existing agricultural pumps and feeders. Minister of State (MoS) for New and Renewable Energy Shripad Yesso Naik recently submitted data on the scheme’s implementation in a written reply to the […] Read more
Maharashtra, Tamil Nadu Remain Leaders In EV Manufacturing: Data Updated On Wed, Dec 4th, 2024 by Saurenergy Maharashtra and Tamil Nadu remained the biggest beneficiaries of the Union government’s Production Linked Incentives (PLI) scheme for the automobile sector. The latest data from the Ministry of Heavy Industries indicated that these states became the hotspots for investments in electric vehicle (EV) manufacturing under the scheme. Union Minister for Heavy Industries and Steel HD […] Read more
127 GW Of Renewable Projects Under Tendering Process: Govt Updated On Wed, Dec 4th, 2024 by Saurenergy Minister of State (MoS) for Power Shripad Naik in a statement before the Parliament said that around 127 GW of renewable projects are under the tendering process in the country. The MoS in his statement talked about the strides the country is taking to boost its green energy portfolio. He said India currently has a […] Read more
