Green Stocks Dec 20: Amid Market Mayhem, Some Green Stocks Make a Point Updated On Fri, Dec 20th, 2024 by Saurenergy On a day when the market left few stocks unscathed in a broad slump, it was left to a few green stocks to hold out yet again, Starting with EPC firm KPI Green Energy, which rose 5%, to Premier Energies which somehow stayed in the green. However, the sharp drop in many others, notably SWREL […] Read more
Shriram Finance Consolidates Its Green Finance Business Updated On Fri, Dec 20th, 2024 by Saurenergy Shriram Finance Limited (Shriram Finance), the flagship company of the Shriram Group has announced consolidating all its green financing initiatives under Shriram Green Finance. These financing services will be dedicated to funding initiatives beyond electric vehicles. With this step, the firm has planned to diversify its funding portfolio. Shriram Green Finance consolidates the green finance […] Read more
Electricity Costs: India’s Lowest and Most Expensive States, The Global Picture Updated On Fri, Dec 20th, 2024 by Saurenergy A lot of factors influence the per unit electricity costs in a country. The prices are heavily influenced by factors that include the country’s geographical location, geological makeup, level of development and technological advancement, and whether it is a high-, middle-, or low-income nation. The rise of renewable power through the recent decades has also […] Read more
HPERC Rolls Out Banking Regulation For Open Access Policy Updated On Fri, Dec 20th, 2024 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) recently released an open access policy to allow connectivity and open access to electricity generated from green/renewable energy sources. It also includes energy generated from non-fossil-based waste-to-energy plants for use of the Intra-State Transmission System (InSTS) or the distribution system of the licensee(s) in the state or both. […] Read more
Green Stocks Dec 19: Green Stocks Slide With Broader Market Updated On Thu, Dec 19th, 2024 by Saurenergy The news of the US Fed going in for fewer rate cuts than expected in 2025 spooked global markets, and the Indian markets as well. Thus, interest rate-sensitive sectors reflected the weakness in the markets. Green energy stocks, almost all of which have a healthy debt situation, but will invariably be raising more debt in […] Read more
91,194 Tribal Households Electrified Under RDSS Scheme: Minister Updated On Thu, Dec 19th, 2024 by Saurenergy The latest data shared by Shripad Naik, Minister of State (MoS) for New and Renewable Energy, revealed that 91,194 Particularly Vulnerable Tribal Groups (PVTG) households have been electrified to date under the Revamped Distribution Sector Scheme (RDSS). This data includes the electrification of households under the state plan in three states, namely Gujarat, Odisha, and […] Read more
MNRE Denies RE Projects Failing To Secure PPAs Updated On Thu, Dec 19th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed that renewable energy projects in the country are not failing to secure Power Purchase Agreements (PPAs). Shripad Yesso Naik, Minister of State (MoS) for New and Renewable Energy, addressed the issue of unsold renewable energy in a written statement before the Parliament. This follows reports that […] Read more
ADB Invests $10 Mn For Climate Tech Innovation In Sub-Saharan Africa Updated On Thu, Dec 19th, 2024 by Saurenergy The African Development Bank (ADB) recently announced a $10 million investment from its Sustainable Energy Fund for Africa (SEFA) into the Persistent Africa Climate Venture Builder Fund (ACV Fund). This funding envisions propelling climate technology entrepreneurship across Sub-Saharan Africa. This catalytic investment aims to unlock $70 million in funding for African climate-focused ventures. The ACV […] Read more
Qcells Claims Tandem Solar Cell Efficiency World Record Updated On Thu, Dec 19th, 2024 by Saurenergy Qcells, a leading solar cells and modules manufacturer, has claimed a a new world record, reaching 28.6% for tandem solar cell efficiency on a full-area M10-sized cell that can be scaled for mass manufacturing. This result was achieved having begun large-area tandem development in 2023, as major solar manufacturers across the world attempt to reach […] Read more
