South America Solar Growth in 2024: Achievements and Challenges Updated On Wed, Jan 29th, 2025 by Saurenergy South America continued its steady solar growth over the last half-decade in particular, and overall renewable energy capacity additions in general, through the year 2024. Brazil remained the biggest market on the Latin American continent, with other nations like Chile, Colombia, and Costa Rica showing diversity in renewable progress. On the other hand, Chile’s massive […] Read more
Q3 FY25 Results: Suzlon’s Profit Rises 91% YoY To Rs. 388 Crore Updated On Wed, Jan 29th, 2025 by Saurenergy Wind energy company Suzlon Group announced its third-quarter results for the financial year 2024-25 (Q3 FY25), ending on December 31, 2024, reporting a 91% increase in revenue to ₹2,969 crore. The company also recorded a 102% rise in EBITDA, reaching ₹500 crore. Its profit after tax (PAT) grew by 91% to ₹388 crore. Additionally, Suzlon […] Read more
Tata Steel Slips Up On RPO Obligations In Jharkhand, Penalised Updated On Tue, Jan 28th, 2025 by Saurenergy In an order involving Tata Steel and the JSERC versus Green Energy Association, the Appellate Tribunal For Electricity (APTEL) has ruled against the exemption from Renewable Purchase Obligation (RPO) for Tata Steel during the years 2011-14. The main issue was Tata Steel’s contention that its captive cogeneration exceeded the RPO requirement, an argument that managed […] Read more
Tata Power Solar Gets ₹455 Cr Order To Supply 300 MWp Modules To MSPGCL Updated On Tue, Jan 28th, 2025 by Saurenergy Tata Power Solar Limited (TP Solar) a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) has signed a contract with the Maharashtra State Power Generation Company Limited (MSPGCL) to supply 300 MWp of ALMM-certified solar modules for the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 project. The contract is valued at approximately ₹ […] Read more
Telangana Targets 20 GW RE, Storage Capacity Additions By 2030 Updated On Mon, Jan 27th, 2025 by Saurenergy Shortly after releasing its draft renewable energy policy earlier this year, the Telangana government unveiled its official Renewable Energy Policy for 2025. The Telangana Renewable Energy Development Corporation Ltd (TGREDCO), has now issued a policy, setting an ambitious target to boost the state’s renewable energy capacity, aiming for 20 GW of renewable energy and storage […] Read more
Telangana Joins BESS Space With 250 MW/500 MWh Tender Updated On Mon, Jan 27th, 2025 by Saurenergy Telangana Genco’s (TGGENCO) latest tender seeks to select BESS developers to build 500 MWh (250 MW x 2 hours). The tender invites bids from BESS developers to establish an “on-demand” battery storage system under Tariff-based Global Competitive Bidding with Viability Gap Funding (VGF) in Telangana. TGGENCO is accepting bids until February 21, 2025. With the […] Read more
Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
NHPC, AP Genco Form JV To Develop 5 GW PSP Projects Updated On Fri, Jan 24th, 2025 by Saurenergy The National Hydroelectric Power Corporation (NHPC) partnered with Andhra Pradesh Power Generation Corporation Limited (APGENCO) to develop a 5.07 GW pumped storage project (PSPs) across five locations in Andhra Pradesh. The NHPC told about its plans for the joint venture in Andhra Pradesh in a regulatory filing. NHPC said, “The Joint Venture Company envisions planning, […] Read more
Europe: Solar Surpasses Coal With 11% Growth In 2024 Updated On Fri, Jan 24th, 2025 by Saurenergy European Union (EU) in 2024 witnessed an 11% rise in solar-generated electricity overtaking coal which fell below 10%. European Electricity Review by Ember said. The latest review by think tank Ember, identified, a decline in gas generation in the EU for the fifth year in a row, and total fossil generation also fell to a […] Read more
