O2 Power Backed Firm Wins CERC Relief For 350 MW Solar Project Updated On Thu, Jan 30th, 2025 by Saurenergy Beempow Energy Private Limited, a solar developer firm backed by O2 Power, has won a significant suit for relief at the Central Electricity Regulatory Commission (CERC). The relief, linked to its 350 MW solar project at Agar Solar Park in Madhya Pradesh, where Rewa Ultra Mega Solar Limited (RUMSL) is the designated project developer. RUMSL […] Read more
News In Brief: TotalEnergies 75MW Deal, ENGIE’s Saudi Plans, KPI Green In 300 MW Solar Deal Updated On Thu, Jan 30th, 2025 by Saurenergy TotalEnergies and STMicroelectronics In 75 MW Green Energy Deal French energy major TotalEnergies and STMicroelectronics have signed a Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics sites in France. This 15-year contract, started in January 2025, represents an overall volume of 1.5 TWh of power supply.TotalEnergies will provide STMicroelectronics, an integrated device manufacturer, […] Read more
Apraava Energy Commissions 250.7 MW Wind Energy Project In Gujarat Updated On Thu, Jan 30th, 2025 by Saurenergy Mumbai-based integrated energy solutions provider, Apraava Energy, has commissioned a 250.7 MW wind power project (comprising 120 no. of 2.1MW rated Suzlon WTGs). The project is located at Sidhpur in Devbhoomi Dwaraka district, Gujarat. The project was awarded to Apraava Energy as part of the Tranche VIII wind tender sponsored by Solar Energy Corporation of […] Read more
Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth Updated On Thu, Jan 30th, 2025 by Saurenergy Issues linked to Domestic Content Requirements (DCR) mandates in solar projects appear to be reaching a head for solar developers in India. The mandate, which enforces use of only DCR cells and modules for almost all solar projects in India with exemptions only for select categories, has been causing a lot of heartburn in the […] Read more
Sharika Wins Rs. 155.78 Cr Work Order For NHPC’s Rooftop Solar Project Updated On Thu, Jan 30th, 2025 by Saurenergy NHPC recently awarded Uttar Pradesh-based Sharika Enterprise a 4 MW contract to develop rooftop solar power projects. The company disclosed this in a regulatory filing, stating, “The contract is for the development of rooftop solar power projects with a total capacity of 4 MW on buildings of NHPC.” Sharika said in a regulatory filing, “The […] Read more
As India Goes Past 100 GW Solar Milestone, No Time To Rest Updated On Wed, Jan 29th, 2025 by Saurenergy If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […] Read more
Gujarat Issues Norms For Setting Up Off-Grid, Hybrid Projects Updated On Wed, Jan 29th, 2025 by Saurenergy The Gujarat Energy Development Agency (GEDA) recently released guidelines for setting up off-grid solar, wind, and wind-solar hybrid projects in Gujarat. These guidelines aim to streamline procedures for these projects, including storage registration. The Gujarat government introduced this policy in response to requests from renewable energy project developers and to address challenges they face in […] Read more
South America Solar Growth in 2024: Achievements and Challenges Updated On Wed, Jan 29th, 2025 by Saurenergy South America continued its steady solar growth over the last half-decade in particular, and overall renewable energy capacity additions in general, through the year 2024. Brazil remained the biggest market on the Latin American continent, with other nations like Chile, Colombia, and Costa Rica showing diversity in renewable progress. On the other hand, Chile’s massive […] Read more
Q3 FY25 Results: Suzlon’s Profit Rises 91% YoY To Rs. 388 Crore Updated On Wed, Jan 29th, 2025 by Saurenergy Wind energy company Suzlon Group announced its third-quarter results for the financial year 2024-25 (Q3 FY25), ending on December 31, 2024, reporting a 91% increase in revenue to ₹2,969 crore. The company also recorded a 102% rise in EBITDA, reaching ₹500 crore. Its profit after tax (PAT) grew by 91% to ₹388 crore. Additionally, Suzlon […] Read more
