Vikram Solar Joins IPO Line, Files DRHP Updated On Tue, Oct 1st, 2024 by Saurenergy Kolkata-based Vikram Solar Limited, a leading, and one of the earliest solar photo-voltaic module manufacturers at scale in India, has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). With over 15 years of industry experience as of 31 March 2024, Gyanesh Chaudhary led Vikram Solar […] Read more
India’s Luck With Falling RE Costs Could Run Out, And We Need to Be Prepared Updated On Tue, Oct 1st, 2024 by Saurenergy September saw some very interesting points to ponder over, as far as Renewable costs go. While we are all aware of the falling RE costs, especially in solar that have led to solar beating almost every estimate of capacity addition repeatedly, the situation has been very positive on the storage front as well. Yes, storage […] Read more
Green Stocks Sep 30: Shakti Pumps Pumped Up By Bonus Announcement, Stocks Slip Updated On Mon, Sep 30th, 2024 by Saurenergy Even as the broader markets slipped, Green energy stocks followed as well today. Other than Shakti Pumps, powered up by the announcement of a board proposal for a 5:1 bonus issue, and Premier Energies, which continues to enjoy the confidence of punters for a stand-out quarterly performance. Among the rest, EPC firm SWREL suffered, down […] Read more
The Australia Experience: How Energy Storage is Transforming National Grids Updated On Mon, Sep 30th, 2024 by Saurenergy Energy storage has undeniably emerged as a critical component in the growth of solar energy. For much of the last decade, high installation costs and the intermittent nature of renewable energy sources were major barriers to wider adoption. However, advancements in technology and government subsidies have significantly reduced these costs, with increased competition and production […] Read more
Sungrow Liquid-Cooled ESS PowerTitan 2.0 Shakes Up Energy Storage Market Updated On Fri, Sep 27th, 2024 by Saurenergy Recently, Sungrow, the world’s leading inverter seller in 2023, delivered 66 sets of its energy storage system, PowerTitan 2.0, in the UK, demonstrating its acceleration of energy storage deployment in Europe. In the Middle East, over 1,500 sets of PowerTitan 2.0 are set for deployment, contributing to one of the world’s largest energy storage projects […] Read more
WTO Establishes Panel To Ascertain Tax Credits Rule Under IRA Updated On Thu, Sep 26th, 2024 by Saurenergy The World Trade Organization’s (WTO) Dispute Settlement Body (DSB) at a recent meeting agreed to a request from China to establish a dispute panel. This panel will rule on the WTO compatibility of certain tax credits under the US Inflation Reduction Act (IRA). The move was expected after China made it clear that it opposed […] Read more
Saur Energy International August 2024- The Wait for Great Renewable Deals Updated On Thu, Sep 26th, 2024 by Saurenergy Editorial What happened to those unbelievably low solar tender bids? People still remember how bids breached the Rs 2 per unit floor, back in 2020 at an auction by GUVNL. However, after a brief time, prices climbed yet again, and in a period of volatility since that the industry has rarely seen, today rule in […] Read more
Survey Highlights Easy Ride For The Richest On Carbon Emissions Updated On Thu, Sep 26th, 2024 by Saurenergy The global greenhouse gas emissions averaged 6.7 metric tons of CO2 equivalent (MtCO2e) per person in 2023. Reducing individual carbon footprints has become a central focus of sustainable development, particularly with the growing shift toward renewable energy. The push to cut emissions at the source has also introduced mechanisms like carbon markets, aimed at distributing […] Read more
Purvah Green, Ecoren Collaborate For 686.85 MW Wind Project Updated On Thu, Sep 19th, 2024 by Saurenergy Today, West Bengal-based Purvah Green Power Private Limited, entered into a binding term sheet with Ecoren Energy India, which is neither a related party nor a part of the promoter or promoter group of the company. This agreement between the CESC subsidiary, Purvah Green Power, and Hyderabad-based Ecoren Energy is undertaken to build a wind […] Read more
