Indian Solar Firms Bank On Cricket To Popularise Renewables Updated On Mon, Mar 11th, 2024 by Saurenergy Indian solar industry in the last few months has increased its reliance on cricket to bolster the popularity of renewable energy in the country. With the passage of time, we have seen more solar firms especially the Indian solar module manufacturers jumping onto the bandwagon of using cricketers and the Indian Premier League (IPL) to […] Read more
Sri Lanka Offers An Opportunity For India In Solar Updated On Thu, Mar 7th, 2024 by Saurenergy Sri Lanka, which joined the renewable energy bandwagon much later than many others, thanks to its extended civil war and the brush with bankruptcy till recently, is finally ready to move ahead on its targets. The island nation targets taking the share of renewable energy to 70% of its requirements, from a share of just […] Read more
LONGi, Ferroglobe Enters Long-Term Silicon Supply Agreement Updated On Wed, Mar 6th, 2024 by Saurenergy China-based solar technology company LONGi, and Ferroglobe PLC, a UK-based silicon metal and ferroalloys, producer recently entered into a long-term supply agreement. Under the terms of the agreement, Ferroglobe is expected to supply high-quality quartzite and metallurgical grade silicon (MGS) to LONGi to support its strategy to increase purchases from the leading western suppliers of […] Read more
GoodWe Expands India Footprint With Appointment Of Antyodaya Ujas as Authorized Partners Updated On Tue, Mar 5th, 2024 by Saurenergy GoodWe India has announced a strategic partnership with Antyodaya Ujas, a key player in West Bengal’s Renewable Energy Sector. This collaboration marks a significant leap forward in amplifying GoodWe’s footprint in the Indian Solar Market. Antyodaya Ujas, as the Authorized Distributor, will play a pivotal role in the promotion and distribution of GoodWe’s extensive range […] Read more
Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round Updated On Tue, Mar 5th, 2024 by Saurenergy Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […] Read more
Tata Power Solar Systems & Union Bank Renews Partnership For Residential Rooftop Solar Updated On Tue, Mar 5th, 2024 by Saurenergy Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has announced the renewal and expansion of its partnership with Union Bank of India (UBI) to offer financing solutions for Residential customers, in line with the PM Surya Ghar Muft Bijli Yojana as well as for Commercial and Industrial […] Read more
Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report Updated On Tue, Mar 5th, 2024 by Saurenergy Stainless steel company Jindal Stainless Ltd (JSL) will invest Rs 700 crore over the course of the next three years regarding renewable energy projects. According to media reports, this will be done to reduce its carbon footprint, including the embedded emissions across its offerings. Media reports quoting Abhyuday Jindal, Managing Director, JSL, stated that investments […] Read more
IEX February Update- DAM Price Falls 26% YoY To Rs 4.93/unit Updated On Tue, Mar 5th, 2024 by Saurenergy The Indian Energy Exchange, India’s premier electricity exchange, achieved 9,462 MU overall volume in February’24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February ‘24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time […] Read more
Tata Motors Flags-Off Commercial Electric Vehicles To Tata Steel Updated On Mon, Mar 4th, 2024 by Saurenergy Tata Motors recently flagged off its next-generation, green-fuel-powered commercial vehicles to Tata Steel. The company has been developing and manufacturing innovative mobility solutions powered by alternate fuel technology, including battery electric, CNG, LNG, Hydrogen Internal Combustion Engine, and Hydrogen Fuel Cell technology. It showcased the widest range of alternate fuel-powered commercial vehicles at Auto Expo […] Read more
