After RE-Rich States, UP Emerges As The New Solar Park Hub Updated On Tue, Aug 6th, 2024 by Saurenergy Union Minister of State (MoS) for New and Renewable Energy and Power Shripad Yesso Naik recently updated Parliament on the state-wise penetration of solar parks across the country. The data shared by the minister detailed solar park projects developed in 13 states. An analysis of the data revealed that after the high penetration of solar […] Read more
Adani Energy Solutions Raises Rs 8,373 Crore From QIP Route Updated On Tue, Aug 6th, 2024 by Saurenergy Gujarat-based Adani Energy Solutions Limited (AESL), recently completed its Rs 8,373 crores (USD 1 billion) Qualified Institutional Placement (QIP). This QIP marks AESL’s first equity raise in the capital market since its demerger and listing from Adani Enterprises Limited (AEL) in July 2015. Adani Energy has a base deal size of Rs. 5,861 crore (USD […] Read more
BluPine Energy On Track To Achieve Its RE Targets: Rahul Mishra Updated On Mon, Aug 5th, 2024 by Saurenergy BluPine Energy started operations in India in 2021. Since then what were the major milestones for the firm? BluPine started its Commercial and Industrial (C&I) segment in 2022. Since then, we have secured around 400 MW of C&I projects in states like Karnataka, Maharashtra, and Chattisgarh. The company has planned to add a cumulative renewable […] Read more
Amara Raja Reports Solid Q1 Results, Commissions 90 MW Solar For NTPC Updated On Mon, Aug 5th, 2024 by Saurenergy Hyderabad based Amara Raja Energy & Mobility Limited (ARE&M), (formerly known as Amara Raja Batteries Limited), has reported profit before tax of ₹ 328.66 Cr for Q1 of FY25 registering a growth rate of 23% over Q1 of FY24. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended Jun 30, 2024 Jun 30, 2023 Revenue […] Read more
Shakti Pumps Secures Order To Supply 12,537 Solar Pumps To UP Updated On Fri, Aug 2nd, 2024 by Saurenergy To boost the availability of solar water pumps throughout Uttar Pradesh (UP), the State Department of Agriculture has awarded a Letter of Intent (LoI) to Shakti Pumps. The Madhya Pradesh-based solar pump company received an order for 12,537 pumps to be supplied across the state under the Component B of the PM-KUSUM scheme (Phase-III). The […] Read more
Adani To Commission 1GW Of New Wind Capacities In FY25 Updated On Fri, Aug 2nd, 2024 by Saurenergy Adani Green is now planning to add 700 MW of new wind energy capacities in the current financial year. This comes after the Indian renewable energy company commissioned 250 MW of wind energy capacities at its Khavda renewable part recently. With this, the company’s is likely to add a total of 1 GW of new […] Read more
SPECIAL REPORT: UP’s Time To Shine In Solar Updated On Thu, Aug 1st, 2024 by Saurenergy At a recent Solar Trailblazers event in Lucknow in July, organised by Saur Energy, Uttar Pradesh Deputy Chief Minister Brajesh Pathak told a hall-packed audience that this is the ‘best time’ in India to go for solar. He was referring to the higher subsidies given to the rooftop solar consumers under the ambitious PM Surya […] Read more
Shakti Pumps Plans To Go Bullish On PM-Kusum (Comp. C) Updated On Tue, Jul 30th, 2024 by Saurenergy Buoyed by the benefits of grid-connected solar pumps, Indian solar pump company Shakti Pumps is now planning to go bullish towards Component C of PM-KUSUM scheme. Last year, the Ajmer discom awarded a project to Shakti Pumps to replace grid-connected pumps with grid-connected solar pumps to ensure supply of surplus solar power to the grid […] Read more
Oriana Power Receives 10 MW Solar Project From Tamil Nadu Updated On Mon, Jul 29th, 2024 by Saurenergy Delhi-based Oriana Power has secured a 10 MW solar project in Tamil Nadu. The company plans to execute the project during the financial year 2024-25. The company’s project order size is Rs. 37.18 crore. Earlier this week, Oriana Power secured a new solar plant project of 40 MWp capacity. This project will be implemented by […] Read more
