UPERC Amends Rules To Expedite Rooftop Solar Installations Updated On Fri, May 31st, 2024 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has now amended its existing rooftop solar rules of 2019 to pave the way for faster installations of rooftop solar systems. As per the revised rules, the state commission has mandated the state discoms to complete the process of Technical Feasibility Reports (TFRs) within 15 days. The Commission […] Read more
Suzlon Secures 81.9 MW Order for 3 MW Series from Oyster Green Updated On Fri, May 31st, 2024 by Saurenergy Suzlon Group has announced a new order win for the development of an 81.9 MW wind energy project for Oyster Green Hybrid One Private Limited. Suzlon will install 26 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at the client’s site in Agar, Madhya […] Read more
India’s Peak Power Demand Smashes 2023 Peak, Touches 250 GW Updated On Fri, May 31st, 2024 by Saurenergy The Indian power sector met a record maximum power demand of 250 GW on 30th May’24 whereas, the non-solar demand touched an all-time high of 234.3 GW on 29th May This spike in power demand reflects the combined impact of weather-related loads and growing industrial and residential power consumption in these areas. On 30th May, […] Read more
Solex Registers 126% YoY Growth In Revenue From Ops In Fy23-24 Updated On Thu, May 30th, 2024 by Saurenergy Maintaining the trend of strong financial results from Module manufacturers, Surat, Gujarat-based Solex Energy financial results for FY 2023-24 make for impressive reading. The company achieved a revenue of Rs. 3,659.2 million, from its operations. This increased from Rs. 1,617.1 million in FY 2022-23 with a 126% year-over-year growth. The company’s EBITDA improved to Rs. […] Read more
5 Interesting Green Ventures That Have the US’s DOE Backing Them Updated On Thu, May 30th, 2024 by Saurenergy There’s a lot of promising green energy startups and concepts out there that end up getting shuttered because of a lack of funding. Whether the lack is because they failed to raise publicity or their ideas being too ahead for their time, there are a multitude of reasons as to why a perfectly good idea […] Read more
News Briefs May 30- Google, Meta Solar PPAs, LONGi’s Hi Mo X6 Modules… Updated On Thu, May 30th, 2024 by Saurenergy Google Signs First Solar PPAs In Japan Technology giant Alphabet, which owns Google, has signed its first solar PPAs in Japan. The virtual power purchase agreements (PPAs) adding up to 60 MW have been signed with two Japanese companies. The larger firm, involved with 40 MW of the planned capacity is Clean Energy Connect (CEC), […] Read more
Havells India Plans To Ramp Up Captive Solar Capacity To 16 MW Updated On Thu, May 30th, 2024 by Saurenergy The electrical equipment manufacturer Havells India Ltd. has announced to build a 4.6 MW solar power plant at its Alwar facility in the upcoming fiscal year to increase its solar power capacity to about 16 MW, read a media statement by the company. By making this change, the company will be able to use renewable […] Read more
Jakson Green Secures Rs 600 Mn RE Funding From HSBC Updated On Wed, May 29th, 2024 by Saurenergy Jakson Green has secured a Sustainable Trade Facility of Rs. 600 million from HSBC India. This funding will support the company’s working capital requirements for its renewable energy business, both in India and internationally. Jakson Green, renowned for its pioneering work in the sector of Renewables, Green Hydrogen, and its derivatives, is actively expanding its […] Read more
Green Stocks May 29: Waaree, Suzlon Stock Prices Up Updated On Wed, May 29th, 2024 by Saurenergy In the last one day two renewable energy companies made its presence felt in the stock market. Indian solar module manufacturer Waaree Renewable Technology and country’s wind turbine maker Suzlon witnessed the highest surge in their stock prices. While Waaree reported a surge of 5% in their stock prices, Suzlon Energy reported a rise of […] Read more
