IEX October Power Market Updates- Soft Demand Leads to Lower Prices Updated On Wed, Nov 6th, 2024 by Saurenergy Indian Energy Exchange, India’s premier electricity exchange, achieved electricity traded volume of 9,642 MU in October’24, marking a 4% year on year increase. During the month, IEX traded 4.44 lakh renewable energy certificates recording a 105% year on year increase. According to government data published in October 2024, the country’s energy consumption reached 140.4 BUs, […] Read more
NTPC Arm Floats Tender For Evacuation Of 755 MW Of Green Power Updated On Wed, Nov 6th, 2024 by Saurenergy In a bid to supply clean energy to Green Valley Renewable Energy Limited (GVREL), NTPC renewable energy arm NTPC Green Energy Limited (NGEL) on behalf the company, invited bids for power evacuation package -II as a part of 755 MW GVREL Solar Park at Tilaiya and Panchet Reservoir. The Green Valley Renewable Energy Limited (GVREL) […] Read more
Waaree RTL Q2 Results- Revenue Up 250%, PAT Up 160% YoY Updated On Tue, Nov 5th, 2024 by Saurenergy BSE Listed Waaree Renewable Technologies Limited (Waaree RTL), the EPC arm of the Waaree group, has released its Q2, FY25 results. Keeping up with the trend for the past few quarters, the firm has declared yet another strong set of numbers, with operational revenues coming in at Rs 524.4 cr for the quarter, as compared […] Read more
Green Stocks November 5: It’s Waaree All The Way As Waaree Twins Enjoy Day In The Sun Updated On Tue, Nov 5th, 2024 by Saurenergy As expected, results season is proving to be key to sustaining the terrific run of green energy stocks. While results on expected lines have even been punished somewhat thanks to the high expectations, stocks delivering strong sets of numbers are holding on to gains. Today saw SJVN deliver a steady set of numbers, helping reverse […] Read more
Global RE Growth Hits New Highs Amid Falling Costs: IEA Report Updated On Tue, Nov 5th, 2024 by Saurenergy Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […] Read more
Why NTPC Is Showing Lesser Interest In RTC & FDRE Tenders? Updated On Tue, Nov 5th, 2024 by Saurenergy India’s public sector power giant NTPC Limited has now explained why it is shy when it comes to Round-The-Clock (RTC) and Firm and Despatacble Renewable Energy (FDRE) tenders. The response from the NTPC management came to the fore when a query was raised regarding the lesser participation of the group in renewable tenders. The NTPC […] Read more
AGM – Power Evacuation Updated On Mon, Nov 4th, 2024 by Saurenergy An electrical engineer from well recognized institutions ( NIT’s or equivalent) with experience on the eBoP (electrical balance of plant) systems of wind/solar renewable sector. RESPONSIBILITIES:- Detailed engineering, Project planning & Management:- Electrical Balance of plant pertaining to Sub-station (up to 400 KV), Switching stations, and related transmission lines, from concept till commissioning of wind […] Read more
Green Stock Nov 4: As Markets Sweat Over US Elections, Green Stocks Resist Updated On Mon, Nov 4th, 2024 by Saurenergy On a day when the broader markets dived, and dived low by over 1.25%, many of our green stocks proved resilient. Newly listed Waaree Energies stood out with another day of gains, inching closer to Rs 3000 per share. The large developers, from Adani Green to Tata Power to JSW Energy however had a tough […] Read more
Green Stock Oct 30: Green Stocks Witness Minor Recoveries Updated On Wed, Oct 30th, 2024 by Saurenergy Most green stocks have now shown minor recovery from the losses due to a downfall in their share prices. Today, most of the green stocks reported positive growth. The highest growth was reported by Waaree Renewable Technologies which reported a 5 percent growth. Only two stocks–JSW Energy and Suzlon reported negative growth. For the last […] Read more