Offshore Wind’s 2024 in India- Building Blocks Falling Into Place Updated On Mon, Dec 30th, 2024 by Saurenergy India’s offshore wind ambitions made slow but steady progress in 2024, egged on by multiple European partners pushing the country to try this ‘last frontier’ of renewable energy. For a country heading towards 100 GW of solar, and 50 GW of onshore wind, Offshore wind energy has been a distant dream, primarily because of cost […] Read more
The 10 Big Milestones That Will Define India’s RE Sector In 2025 Updated On Thu, Dec 26th, 2024 by Saurenergy The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […] Read more
Green Stocks Dec 24: On Listless Day, Green Stocks Also Struggle For Direction Updated On Tue, Dec 24th, 2024 by Saurenergy Green energy stocks had an ordinary day at the markets today, with most struggling to find a sense of direction for the year ahead. Thus, last week, and the week earliers star performer, Borosil Renewables, continued to be dragged down on the back of both a better understanding of the limited advantages accruing to it […] Read more
NTPC 1.2 GW Solar Project Results- 6 Winners Announced Updated On Tue, Dec 24th, 2024 by Saurenergy NTPC has announced six winners for its 1.2 GW solar project tender with a greenshoe option. The winners are Bharat Petroleum Corporation Limited (BPCL), Onward Solar Power, ReNew Solar Power, Illuminate Hybren, Adyant Enersol, and DineshChandra R Aggarwal. Collectively, these projects amount to 1,020 MW, with an additional greenshoe option of 600 MW. According to […] Read more
CERC Lays Down Process For Scheduling of Infirm RE Power After COD Updated On Mon, Dec 23rd, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) published the Indian Electricity Grid Code (IEGC) Regulations, 2023, which came into effect on October 1, 2023. Amendments and orders have been issued to address difficulties in implementing certain provisions. The commission has the power to issue Removal of Difficulties order where it feels the intent of the rules […] Read more
High Solar Cell Price Can Push Up Tariffs For Developers: CRISIL Updated On Wed, Dec 18th, 2024 by Saurenergy The government’s move to extend the Approved Lists of Models and Manufacturers (ALMM) to solar cells from June 1, 2026, envisions accelerating solar cell manufacturing in India. An analysis by CRISIL Market Intelligence & Analytics estimates domestic capacity can make solar cells more than quadruple to 43-47 GW by June 2026 from 10 GW in […] Read more
NHPC Floats 1.2 GW Wind-Solar Hybrid Tender With Greenshoe Option Updated On Wed, Dec 18th, 2024 by Saurenergy In a bid to procure hybrid power, NHPC recently floated a tender to supply 1,200 MW of power from wind-solar hybrid power projects, with a greenshoe option, The tender also said these projects could be established with or without Energy Storage Systems (ESS) anywhere in India. NHPC set 16th January 2025 as the last date […] Read more
IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project Updated On Wed, Dec 18th, 2024 by Saurenergy The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations. IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […] Read more
Green Stocks Dec 17: Borosil Renewables, Waaree RTL Stand Out Updated On Tue, Dec 17th, 2024 by Saurenergy With the broader market slumping yet again, unable to sustain over 24500 levels, some of our green stocks found their mojo yet again to rise sharply. Borosil Renewables stood out with an over 4% jump to cross the Rs 600 mark yet again, while Waaree RTL, the EPC arm of the Waaree group, seemed to […] Read more