Gensol and Matrix Gas Launch India’s First Green Steel Facility Updated On Mon, Oct 21st, 2024 by Saurenergy Gensol Engineering Limited and Matrix Gas & Renewables have partnered to establish India’s first and largest Green Steel production facility. This facility will utilize 100% Green Hydrogen for production. The project is one of three pilot projects sanctioned under the National Green Hydrogen Mission. MECON, the Ministry of Steel, and the Ministry of New and […] Read more
Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects Updated On Fri, Oct 18th, 2024 by Saurenergy JSW Renew Energy Six Limited and JSW Renew Energy Thirty Limited, stepdown subsidiaries of JSW Energy Limited have signed Power Purchase Agreements (“PPAs”) with Maharashtra State Electricity Distribution Company Ltd (“MSEDCL”) for STU-connected Solar-Wind Hybrid Capacity. The company has signed PPAs for two hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. […] Read more
INA Solar Raises Rs. 402 Crore Via Preferential Allotment Of Equity Shares Updated On Wed, Oct 16th, 2024 by Saurenergy Rajasthan-based Insolation Energy Limited (INA Solar), a solar panel manufacturer raised Rs 402 Crores from investors in response for its preferential allotment of equity shares. Chairman Manish Gupta and Managing Director Vikas Jain expressed their gratitude, highlighting that since its inception in 2017, Insolation Energy Limited has established Rajasthan’s one of the largest solar panel […] Read more
JSW, Tata, Avaada, Juniper Winners Of 1,650 MW MSEDCL Hybrid Bid Updated On Wed, Oct 16th, 2024 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has now announced the winners for its 1,650 MW wind-solar hybrid project tender. It awarded the project to four successful bidders, namely JSW Neo Energy (JSW Energy), Tata Power Renewable Energy, Avaada Energy, and Juniper Green Energy. With the conclusion of Maharashtra State Electricity Distribution Company Limited […] Read more
Q2 Results: Sterling & Wilson Renewable Reports Higher Revenues, PAT Updated On Mon, Oct 14th, 2024 by Saurenergy Public-listed renewable energy company Sterling & Wilson announced its financial results for Q2 of FY25 today. The consolidated financial results showed an increase in total revenues and net profits. The company reported total revenue of Rs 1,064 crore in Q2FY25, compared to Rs 927.89 crore in Q1FY25 and Rs 776.73 crore in Q2FY24. This represents […] Read more
Q2 Results: IREDA Reports 36% Jump In Net Profits Updated On Fri, Oct 11th, 2024 by Saurenergy The Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the second quarter (Q2) of FY25, showing growth in both revenue and net profits on a quarterly and annual basis. The company reported total revenue of Rs 1,629.54 crore in Q2 FY25, compared to Rs 1,510.27 crore in Q1 FY25 and […] Read more
PGCIL Wins Interstate Transmission Project in Rajasthan Updated On Fri, Oct 11th, 2024 by Saurenergy Power Grid Corporation of India Limited (PGCIL) has now emerged as the successful bidder for a major Inter State Transmission Project in Rajasthan. The project will be under Tariff Based Competitive Bidding (TBCB) process with an objective to finalize the transmission system for evacuation of power from the Rajasthan Renewable Energy Zone (REZ) Phase-IV. This […] Read more
West Bengal Proposes Allowing Net-Metering Only Upto 500 Kw Updated On Wed, Oct 9th, 2024 by Saurenergy Unlike several state power regulators which allowed net-metering for higher capacities, the West Bengal Electricity Regulatory Commission (WBERC) has proposed allowing net-meter for rooftop solar only upto 500 MW of capacities. This is in contrast to states like Rajasthan, Gujarat and others which have allowed net-metering for rooftop solar consumers upto 1 MW capacities. The […] Read more
Premier Energies Signs 173.35 MWp MSA with BrightNight India Updated On Wed, Oct 9th, 2024 by Saurenergy Premier Energies International Private Ltd., a subsidiary of Premier Energies Limited, has signed a Module Supply Agreement (MSA) with BN Hybrid Power-1 Private Limited, a Special Purpose Vehicle (SPV) of BrightNight India. According to the filing at the BSE by Premier Energies, it will supply 173.35 MWp of solar modules featuring the latest Topcon technology […] Read more
