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
MERC New Regulation Sets 7% Flexible Demand Target For Next Five Years Updated On Fri, Aug 30th, 2024 by Saurenergy Given the evolving context of generation profiles from various types of generation plants, including those behind the meters (within consumer premises), and the significant emphasis on solarizing agricultural feeders and households, it is now imperative to view demand-side management as an opportunity. This opportunity includes a combination of demand flexibility, demand response, energy efficiency, and […] Read more
IREDA Expands Horizon Woth International Credit Rating from S&P Updated On Fri, Aug 30th, 2024 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has secured its international credit rating from S&P Global Ratings Limited. The Indian lender has been assigned ‘BBB-‘ long-term and ‘A-3’ short-term issuer credit ratings to IREDA, with Outlook ‘Stable’. This rating will enable IREDA to expand its reach in the international market, tapping into attractive sources of […] 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
Premier Energies IPO Up For Subscription From Today Updated On Tue, Aug 27th, 2024 by Saurenergy Indian solar cell and solar module manufacturing company Premier Energies Limited today opened up its Initial Public Offer (IPO) for subscription for investors. The offerings will be open for the public from August 27 to August 29. With the IPO offerings, the Hyderabad-based company has planned fresh equity sales of Rs 1,291 crore. The allotment […] 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
BLive, Awign Tie Up To Connect 10,000 Gig Workers With EVs Updated On Thu, Aug 22nd, 2024 by Saurenergy India’s e-mobility platform, BLive, has partnered with Awign, a work-as-a-service platform, to onboard 10,000 riders for BLive’s EV Rental Programme over the next 12 months. This collaboration aims to enhance last-mile delivery services across India by providing gig workers with access to affordable electric vehicles (EVs). Awign, known for optimizing work processes and cost management […] Read more
IIT Bhubaneswar Develops Solar-Powered Reactor For Waste Management Updated On Thu, Aug 22nd, 2024 by Saurenergy A research team from the School of Infrastructure at the Indian Institute of Technology (IIT) Bhubaneswar has developed a solar-powered microwave pyrolysis reactor. This reactor is designed to recover valuable resources from both segregated and mixed waste materials, including biomass and plastics. The reactor uses microwave-assisted pyrolysis to rapidly convert waste into products such as […] Read more
