JSW Neo Energy Limited to Acquire Hetero Group RE Portfolio Updated On Mon, Oct 21st, 2024 by Saurenergy JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, signed definitive agreements this week, to acquire three Special Purpose Vehicles (SPVs) from Hetero Labs Limited and Hetero Drugs Limited (Hetero Group). These SPVs collectively hold a cumulative wind energy generation capacity of 125 megawatts (MW). The transaction is subject to the […] Read more
Green Stocks Oct 18: Green Stocks See Minor Revival After Jolt Updated On Fri, Oct 18th, 2024 by Saurenergy A day after jolt to the stock prices of most of the Indian green energy companies, several of these green firms seem to have revived their plunged prices. The highest growth was seen by Indian wind energy company Inox Wind which witnessed a surge of 4.5% in its stock prices compared to its price yesterday. […] Read more
Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects Updated On Fri, Oct 18th, 2024 by Saurenergy JSW Renew Energy Six Limited and JSW Renew Energy Thirty Limited, stepdown subsidiaries of JSW Energy Limited have signed Power Purchase Agreements (“PPAs”) with Maharashtra State Electricity Distribution Company Ltd (“MSEDCL”) for STU-connected Solar-Wind Hybrid Capacity. The company has signed PPAs for two hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. […] Read more
Trina Solar, EGO Sign Pact To Boost Utility-Scale Projects In Italy Updated On Fri, Oct 18th, 2024 by Saurenergy Trina Solar’s International Systems Business Unit, the utility-scale solar and battery storage project development arm of Trina Solar Co, Ltd, has signed a 15-year Power Purchase Agreement (PPA) with EGO, an Italian energy management company owned by the Shell Group. This contract encompasses nine projects, totaling 69 MWp located across various regions in Italy. These […] Read more
NTPC Announces Winners of 1200 MW Hybrid Tender Updated On Fri, Oct 18th, 2024 by Saurenergy NTPC LImited has now announced the winners of its 1200 MW solar-wind hybrid project tender. As per the details of the tender results, five companies won the tender in different capacities. The lowest bid for the tender was quoted by Rays Power, Refex Green and SAEL Limited. These firms quoted a price of Rs 2.50/kWh. […] Read more
MNRE Aims To Add More Vendors For PM Surya Ghar, Issues EOI Updated On Fri, Oct 18th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now planned to boost the network of registered vendors to expedite the growth of residential rooftop installations. The ministry is now trying to spur the growth of solar installations through its PM Surya Ghar scheme where it has planned to install rooftop solar in one crore […] Read more
Prozeal Gets SECI’s Solar Plus Battery Energy Storage Project In Leh Updated On Fri, Oct 18th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) allotted Gujarat-based solar company Prozeal Green Energy a solar plus battery energy storage project at Leh. SECI, earlier had issued a tender for selection of project developers for a 25 MW (AC) Solar PV Power Plant (50 MWp) with a 20 MW/50 MWh battery energy storage system at […] Read more
As Chinese Wind Turbine Makers Call Truce On Price Wars, Could Solar Follow? Updated On Fri, Oct 18th, 2024 by Saurenergy In a clear indication of the extraordinary efforts being made in China to stem the losses or low profitability in its renewable energy manufacturing sectors, a conference on Wind Energy in Beijing saw 12 of the country’s leading wind turbine firms sign a truce. Four of the world’s top 5 wind turbine makers are Chinese, […] Read more
Green Stocks Oct 17: SWREL Sole Stock In Green Updated On Thu, Oct 17th, 2024 by Saurenergy Sterling and Wilson Renewable Energy was the solar stock to end the day’s trading in the green, as our green energy pack buckled along with the broader indices. Premier energies was to suffer the most with a 4% plus fall, even as the others suffered relatively lower losses. The Premier energies case is interesting, coming […] Read more