Inox Wind’s EPC Arm Resco Global To Raise 350cr Equity Updated On Mon, Sep 2nd, 2024 by Saurenergy Indian wind energy company Inox Wind Limited (IWL) today announced that the board of its subsidiary, Resco Global Wind Services Pvt. Ltd. (Resco Global), an EPC Projects company, has approved Rs 350 crore equity raise from marquee investors for a single digit stake. The funds will be utilized to scale up the business offerings and […] Read more
Renewables Contribute Only 4% To NTPC’s Turnover in FY24 Updated On Mon, Sep 2nd, 2024 by Saurenergy According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […] Read more
5 Indian Solar Firms With Plans To ‘Make In USA’ Updated On Mon, Sep 2nd, 2024 by Saurenergy Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the world’s solar wafers and over 80% of the world’s polysilicon. These two components alone account for more than half the value […] Read more
Reliance To Boost Solar Manufacturing, AI-Led Green Data Centers Updated On Fri, Aug 30th, 2024 by Saurenergy At Reliance Industries’ 47th Annual General Meeting (AGM) in 2024, Mukesh Ambani and his team outlined the company’s ambitious plans for the future, which included the focus on green and renewable energy and the sustainable growth sector. This article outlines the highlights from the speech and Reliance’s plans toward sustainable development. Commitment to Green Energy […] Read more
Waaree Energies Yet To See Approval For Issue Of IPO Updated On Wed, Aug 28th, 2024 by Saurenergy Notwithstanding the filing of documents for the issue of Initial Public Offering (IPO) with the Securities & Exchange Board of India (SEBI), India’s leading solar module manufacturer Waaree Energies’ is yet to see the plan becoming a reality soon. The green company is yet to see approval from the market regulator. Some media reports have […] Read more
Khavda: GameChange Solar, SWREL Partner For 750MW Solar Project Updated On Wed, Aug 28th, 2024 by Saurenergy GameChange Solar, a global solar tracking solutions supplier for ground-mounted PV plants, signed a solar tracker supply contract with Sterling and Wilson Renewable Energy Limited, a global pure-play, end-to-end renewable EPC solutions provider based in India. Under the agreement, GameChange will supply its Genius Tracker™ solar trackers for a massive 750 MWp Solar PV Plant […] Read more
Adani Power Debuts In Middle East, Sets Up Subsidiary At Abu Dhabi Updated On Tue, Aug 27th, 2024 by Saurenergy Adani Power Limited has established a new wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, following its expansion into Singapore. The company informed the exchange that Adani Power Middle East Ltd. will focus on investments in power, infrastructure, and related industries. The subsidiary has an authorized share capital of $27,000, […] Read more
Khavda Project: GIPCL Issues Bids For Supply Of 500 MW Bifacial Modules Updated On Mon, Aug 26th, 2024 by Saurenergy The Gujarat Industries Power Company Limited (GIPCL) has now issued a tender to supply solar modules for a 500 MW (AC) / 625 MWp solar PV project at the Great Rann of Kutch near Khavda in Gujarat with September 3rd set as the last date of pre-bid queries/ clarifications. GIPCL invited bids to select contractors […] Read more
IB Solar Likely To Launch TOPCOn-Based Modules By Oct: Abhinav Mahajan Updated On Mon, Aug 26th, 2024 by Saurenergy What are the main products IB Solar is offering to the Indian solar market currently? Right now, we have a total solar module manufacturing capacity of 500 MW. We are set to add 900 MW of additional capacities in the next six months. We expect our cumulative solar module manufacturing capacity to reach approximately 1.4 […] Read more
