Khavda: GE Vernova Gets Rs. 400 Cr Order From Sterlite Power Updated On Tue, Dec 10th, 2024 by Saurenergy GE Vernova recently secured an order worth approximately ₹400 crore from Sterlite Power. The US-based wind energy company will supply and supervise 765 kV power transformers and reactors for the Khavda project. GE Vernova plans to execute the project within two years. Wind turbine manufacturers in India have been increasing the upper capacity limit of […] Read more
MP Govt Approves 442.04 Acre Land For RE Equipment Manufacturing Updated On Thu, Dec 5th, 2024 by Saurenergy The Madhya Pradesh Cabinet has now approved the expansion of the area of Industrial Area Mohasa-Babai in Narmadapuram district to promote electrical and renewable energy equipment manufacturing. At a council of ministers meeting, the Madhya Pradesh (MP) Chief Minister Mohan Yadav approved the expansion plans. The Cabinet decided to add 442.04 acres of land in Industrial […] Read more
Top 5 Reasons Why Shifting Electricity Across Continents Remains A Challenge Updated On Wed, Dec 4th, 2024 by Saurenergy From relying on oil and gas-based power to adopting renewable energy, the uneven spatial distribution and temporal variability of energy sources have historically favoured certain countries and continents over others. Transcontinental energy pools aim to address this disparity by distributing renewable energy to regions less fertile for harnessing these modern energy sources from the regions […] Read more
5 PPA Models Shaping Renewable Energy Procurement in US & Europe Updated On Wed, Nov 27th, 2024 by Saurenergy As renewable energy becomes a larger part of power grids across the globe, challenges like negative prices and reduced value for standalone profiles, particularly solar, are emerging, particularly in developed power markets. Market participants generally agree that the risk of negative prices will likely get worse before it improves. Innovative Power Purchase Agreements, or PPA […] Read more
India’s RE Investment Hits USD 12.4 Bn, Falls Short of 2030 Target: Report Updated On Tue, Nov 12th, 2024 by Saurenergy India’s renewable energy investment has grown to USD 12.4 billion in 2023, up from 2020. However, investment remains far below the estimated USD 200 billion required to achieve India’s goal of 500 GW of non-fossil fuel electricity capacity by 2030. According to the Zero Carbon Analytics report’s findings, to meet the 500 GW of non-fossil […] Read more
Gensol Reports 29% Rise in Profits In Q2 Over Last Year Updated On Mon, Oct 28th, 2024 by Saurenergy Gensol Engineering Limited a prominent player in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions, announced its unaudited consolidated and standalone financial results for the second quarter and half year ended September 30th, 2024 (Q2 & H1 FY25). With a play across solar projects, O&M, […] Read more
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
Himachal Pradesh Invites Private Players To Expand EV Charging Network Updated On Wed, Oct 23rd, 2024 by Saurenergy The Himachal Pradesh Cabinet, in a recent meeting, approved involving private players to expand the EV charging station network along the state’s six green corridors. It was highlighted that 77 EV charging stations are already operational on these corridors. The Cabinet also approved the establishment of automated testing stations for vehicle fitness assessments, utilizing advanced […] Read more
H1 Update: Adani Green Increases Its Capacity Upto 11.20 GW Updated On Fri, Oct 11th, 2024 by Saurenergy Adani Green, the project developer company of the Adani Group today revealed that its operational capacity has progressed from 8.31 GW (H1 of FY24) to 11.20 GW in H1 of 2024-25. Its current capacity comprises 2,418 MW of solar and 450 MW of wind power plants. The port-to-airport conglomerate has increased its presence in the […] Read more
