Q3 Results: GE Vernova Falls Short On Offshore Wind, Hits Onshore Targets Updated On Thu, Oct 24th, 2024 by Saurenergy GE Vernova Inc., a US-based wind energy company, secured $1.7 billion in orders in the third quarter ending September 30, 2024. The company reported a 19% organic decrease, attributing the drop to lower Onshore Wind equipment orders outside of North America. GE Vernova generated $2.9 billion in revenue, down 1% organically. Losses increased due to […] Read more
Coal India Issues Tender For 300 MW Khavda PV Solar Project Updated On Thu, Oct 24th, 2024 by Saurenergy Coal India Limited has issued a fresh tender for a 300 MW solar project at Khavda. The government entity is now seeking EPC companies for executing the project in the region, touted to be India’s biggest renewable park. These are ground-mounted grid-connected solar projects. This comes at a time when Coal India has planned to […] Read more
Saur Energy International September 2024- Solar’s Brave New World Updated On Thu, Oct 24th, 2024 by Saurenergy Editorial As another edition of REI rolls along, there is no doubt that the vibe and energy around the event is as different as it can get this year. The solar sector in India, as compared to even 4 years back, is as different as it could get. Skeptics have been silenced, optimists cannot possibly […] Read more
US Announces Tax Credit Support For Ingot & Wafer Production Updated On Thu, Oct 24th, 2024 by Saurenergy In order to boost the domestic production of Ingots and Wafers in the United States (US), the US government has now planned to support the solar companies to invest in solar and wafer production. To implement the hand-holding support, the US treasury department recently notified the inclusion of solar ingot and wafer production facilities and […] Read more
EverGreen, Datta Infra & Others Bag NTPC’s 1.2GW Hybrid Tender Updated On Thu, Oct 24th, 2024 by Saurenergy NTPC Limited has announced the results of its 1200 MW wind-solar hybrid tender. The power giant awarded contracts to four renewable project developers: Sembcorp Green Infra, Adani Renewable Energy, Green Prairie Energy III (EverGreen), Adyant Ensersol (Datta Infra), and ReNew Solar. As per the auction results, Sembcorp, Adani Renewable, and ReNew Power secured projects at […] Read more
Green Stock Oct 23: A Day of Respite For Green Stocks Updated On Wed, Oct 23rd, 2024 by Saurenergy After the relentless hammering o the past few sessions, Green energy stocks finally saw sunshine with almost all the stocks ending in the green. The blockbuster success of the Waaree Energies IPO has no doubt reminded investors of the potential and opportunity that continues to exist in the sector, helping many of the beaten down […] Read more
JSW Energy Signs 700 MW Solar Power Agreement with SECI Updated On Wed, Oct 23rd, 2024 by Saurenergy JSW Renew Energy Eleven Limited, a subsidiary of JSW Energy Limited, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI). The agreement covers the supply of 700 MW of solar energy through the Inter-State Transmission System (ISTS). This capacity was awarded under SECI’s Tranche XIII program. The power will […] Read more
Avaana Capital Raises Largest Climate-tech VC Fund Of $135mn Updated On Wed, Oct 23rd, 2024 by Saurenergy Indian climate-focused venture capital company Avaana Capital has announced the final close of its Avaana Climate and Sustainability Fund with a total fund size of USD 135 million. The firm said that being India’s largest institutional climate focused venture capital fund, the Avaana Climate and Sustainability Fund is working to invest in early-stage companies that […] Read more
Gujarat Set To Add Two New 700 MW Solar Projects At Khavda Updated On Wed, Oct 23rd, 2024 by Saurenergy SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, has invited bids to build two new ground-mounted solar projects with a cumulative capacity of 700 MW at Khavda, Gujarat. SGEL is accepting bids until 19th November 2024. The SGEL project is divided into two parts. The first project falls under GUVNL Phase XXI and has […] Read more