India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL Updated On Wed, Aug 14th, 2024 by Saurenergy CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […] Read more
Change In FDRE Bidding Norms Can Aid RE Growth: EMBER Updated On Wed, Aug 14th, 2024 by Saurenergy EMBER recently released a policy paper highlighting the importance of changing the approach to bidding in the FDRE tenders to increase renewable energy (RE) capacity growth in India. It also stated that it’s unfair to make developers responsible for handling the unpredictable nature of renewable energy in contracts and that this should be rethought. EMBER […] Read more
Q1 Results: Borosil Renewable Sees Surge In Revenues, Increase In Losses Updated On Tue, Aug 13th, 2024 by Saurenergy Indian solar glass company Borosil Renewable has now announced its financial results for the first quarter (Q1). The latest consolidated details furnished by the company revealed that during the first quarter of the financial year 2024-25, the Mumbai-based company witnessed a rise in its revenues. However increasing losses dampened its balance sheet. The latest details […] Read more
Gensol Q1 Results- Revenues Up 105% at ₹297crores, Order Book At ₹5,025 Crore Updated On Tue, Aug 13th, 2024 by Saurenergy Gensol Engineering Limited, a prominent player in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions (BluSmart), today announced its consolidated and standalone financial results for the quarter ended June 30th, 2024 (Q1 FY25). Q1 FY25 Highlights: Total Revenue was ₹297 Crore for Q1 FY25 compared to ₹145 Crore in Q1 […] Read more
Green Stocks Aug 12: Inox Wind Energy Shares Surge by 10% Updated On Mon, Aug 12th, 2024 by Saurenergy The opening day of the new week brought good news for many green stocks with their prices going up with few exceptions. Most of the green companies witnessed rise in their stock prices. The highest rise of 10 percent was reported by Inox Wind. It was followed by Shakti Pumps (5%) and Suzlon Energy (4.99%). […] Read more
India’s Renewable Capacity Surpasses 150 GW: MNRE Updated On Mon, Aug 12th, 2024 by Saurenergy India’s total renewable energy capacity (excluding large hydro) has now touched 150 Gigawatt (GW), latest data from the Ministry of New and Renewable Energy (MNRE) reveals. The latest data from the ministry for the month of July shows that India added a total of 1733.66 MW of new solar capacities. During the same period, India […] Read more
Senior Manager – Energy Markets Updated On Mon, Aug 12th, 2024 by Saurenergy As a manager in the fuels practice you will get an opportunity to lead consulting assignments and support some of the largest energy companies in the world in achieving energy transition towards low carbon fuels. You will work in an integrated, cohesive and close-knit team with motivated and passionate individuals who want to make a […] Read more
CRISIL Predicts Lower Thermal Share In Generation Next Fiscal Updated On Mon, Aug 12th, 2024 by Saurenergy CRISIL Ratings, in a sectoral report has predicted a drop of over 500 bps (basis points) in share of thermal plants in India’s power generation by next fiscal. The prediction is based on expectations of stronger addition of renewable energy (RE) capacities of as much as 50 GW over the next two years. These are expected […] Read more
Every Indian District Soon To Host One Model Solar Village Updated On Mon, Aug 12th, 2024 by Saurenergy Every district of the country is now all set to host one model solar village. The Ministry of New and Renewable Energy (MNRE) has now come out with detailed guidelines to make this a reality. As per the norms, these model solar villages will be developed as components of the PM Surya Ghar scheme with […] Read more
