Reliance Set To Launch Its First Solar Gigafactory By FY25 Updated On Thu, Aug 8th, 2024 by Saurenergy Reliance Industries, in its Integrated Annual Report 2023-24, shared its plans to commission its first solar Gigafactory in FY25, with most of the company’s renewable energy development and manufacturing operations at Jamnagar. In its business review, Reliance highlighted the growth the company has achieved from 2023 to 2024. Regarding its renewable energy (RE) plans, Reliance […] Read more
Himachal Pins Hopes On New Solar Projects To Boost RE Updated On Thu, Aug 8th, 2024 by Saurenergy Himachal Pradesh has been pushing utility-scale solar power projects. The state established a 32 MW solar power project. While a 5 MW solar project is under construction in Kutlehar and Gagret, stated Chief Minister Thakur Sukhvinder Singh Sukh. In a recent meeting with senior officials of state Power Department, the CM emphasised on the need […] Read more
NTPC-REL Floats 1 GW Tender For Land, Power Evacuation In MP Updated On Thu, Aug 8th, 2024 by Saurenergy NTPC Renewable Energy Ltd. (NTPC-REL) recently issued a tender to commission a land and power evacuation system for a 1000 MW solar PV project in the Mandsaur region of Madhya Pradesh, with the bid submission deadline set for 11th September 2024. The tender mandates that bidders meet certain criteria for land-related works. The detailed scope […] Read more
MNRE Tightens Traceability Of Domestic PV Cells And Modules With New ALMM Rule Updated On Thu, Aug 8th, 2024 by Saurenergy MNRE Enhances Traceability of Domestic PV Cells and Modules The Ministry of New and Renewable Energy (MNRE) recently amended a provision under the “Approved Models and Manufacturers of Solar Photovoltaic Modules (Requirement for Compulsory Registration) Order, 2019.” In its latest notification, MNRE introduced two new clauses dated May 10, 2023. These changes come even as […] Read more
Green Stock August 7: Most Green Firms See A Facelift Updated On Wed, Aug 7th, 2024 by Saurenergy After a gloomy day in the stock market, today stock prices of most renewable energy companies received positive gains. The stock prices of three companies namely, Waaree Renewable Technologies, Sterling and Wilson Renewable Energy, and Suzlon Energy made a 5% gain. Companies like SJVN, KPI Green, and Adani Green witnessed 3.61%, 3.81%, and 1.33% gains […] Read more
Ujala Scheme: Odisha Tops The Chart With Highest LED Bulbs Updated On Wed, Aug 7th, 2024 by Saurenergy Odisha has now topped the list for extending the widest coverage of energy efficient LED bulbs under the Union government’s Ujala scheme. The latest information furnished by the Union Minister for New and Renewable Energy Manohar Lal Khattar revealed that compared to other states, the coastal state saw the highest distribution of the energy efficient […] Read more
Suzlon Acquires 51% Stake In Wind O&M Services Firm Renom Updated On Wed, Aug 7th, 2024 by Saurenergy Suzlon Group, India’s largest renewable energy solutions provider, has executed definitive agreements for the acquisition of a 76% stake in Renom Energy Services Private Limited (“Renom”), in two tranches, from the Sanjay Ghodawat Group (SGG). Renom is the largest Multi Brand Operations and Maintenance service (“MBOMS”) provider in the country with assets of 1,782 MW […] Read more
The Top 5 Advancements in Technology Propelling the Solar Revolution Updated On Wed, Aug 7th, 2024 by Saurenergy The solar industry is shining brighter than ever in 2024, thanks to advancements in solar technology in recent times. The past year has seen an incredible surge in solar power installations, taking the world’s total installed capacity to an impressive 1.6 TWdc. China is responsible for about 60 percent of these new installations, leading the […] Read more
Q1 Results: Tata Power Sees 31% Growth In Net Profits Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis. The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […] Read more
