Green Energy Stocks Continue to face Tough Market Assessment- May 13 Updated On Mon, May 13th, 2024 by Saurenergy With green energy stocks, there is clearly nothing like half measures. Even today, when the market moved between losses and a marginal profit, green energy stocks moved much more sharply. For tata Power and Waaree Renewable Technologies, even record profits were not enough to prevent a drop, a full 5% in case of Waaree. On […] Read more
India Becomes Second Largest Wind Market Within Asia Pacific In 2023 Updated On Mon, May 13th, 2024 by Saurenergy Global Wind Energy Council (GWEC) growth required an annual wind installation tripling to at least 320 GW. GWEC report found that the onshore wind energy recovered from a growth slowdown it currently is ranked fourth in total wind installations. It has installed 45 GW of onshore wind as of January 2024 and it’s the second […] Read more
Relux Electric Secures 250 Cr For EV Charging Expansion in South India Updated On Mon, May 13th, 2024 by Saurenergy Relux Electric, the EV charging infrastructure provider, has secured Rs. 250 crores of cumulative project funding from a group of private real estate and infrastructure investors exclusively to expand its network of hypercharging stations on the highways of South India. The company will utilize the fund to create 20 new hypercharging stations within the next […] Read more
MNRE Goes Back To the Past To Declare All Rooftop Solar As PM Surya Ghar Achievements Updated On Mon, May 13th, 2024 by Saurenergy The latest documents from the Ministry of New and Renewable Energy (MNRE) make for some starling reading for the solar sector. The MNRE in its latest physical achievements report (upto April 2024) claimed that India’s total installed capacity under PM Surya Ghar scheme touched 12 GW. This is barely a few months since the launch […] Read more
CERC Declines Relief To Adani Subsidiary Over Delay In Bhuj Wind Project Updated On Mon, May 13th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment declined to give any relief to Adani Wind Energy Kutchh One Limited over its delay in the commissioning of its proposed 250 MW wind energy project. The project was slated to come up at Dayapar village in the Bhuj district of Gujarat. The Adani Group […] Read more
EU’s Wind, Solar Generation Rose By 14%, Fossil Fell To 25% Updated On Mon, May 13th, 2024 by Saurenergy EMBER, a clean energy think tank recently reported a decline in EU fossil generation to below 25% in a month for the first time ever. The study reported a major milestone for EU in its electricity transition in April 2024. The electricity generation reportedly increased by 0.4% year-on-year over January-April 2023. Meanwhile, wind and solar […] Read more
Waaree Renewables Reports 341% Surge In PAT In Q4, 167% Annually Updated On Sat, May 11th, 2024 by Saurenergy Waaree Renewable Technologies Limited, the solar EPC arm of the Waaree Group has published its financial results for the latest quarter (Q4). It also announced its annual financial results for FY24. As per the details shared by the company in its self-disclosure before the Bombay Stock Exchange (BSE), the company continued its growth in its […] Read more
Boralex To Commence 125 MW Oxford BESS In Canada Updated On Fri, May 10th, 2024 by Saurenergy Boralex Inc. has announced the selection of the Oxford Battery Energy Storage project totalling 125 MW of nameplate capacity. This project was selected by Ontario’s Independent Electricity Systems Operator (IESO) further to its Long-Term Request for Proposals (LT1 RFP). This project adds to Boralex’s existing battery energy storage project portfolio which includes the 300 MW […] Read more
Grew Energy To Set Up 3.2 GW Solar Module Manufacturing Facility In J&K Updated On Fri, May 10th, 2024 by Saurenergy Grew Energy Pvt Ltd – a flagship venture of the Chiripal Group – is all set to establish a three-stage fully backward integrated solar module manufacturing unit in Jammu & Kashmir. With a commitment to invest 4500 Cr, upon completion, this ultra-modern facility will have an annual capacity of producing 3.2GW high-efficiency solar modules and […] Read more