Extended Wait Ahead For Any Price Drops In Solar, Wind Updated On Wed, Aug 28th, 2024 by Saurenergy If you track India’s renewable sector, you couldn’t have failed to notice the seeming exuberance in recent months. Amplified by the soaring valuations of listed firms on the country’s stock exchanges, at SaurEnergy, we have tracked how a basket of ‘green energy’ stocks we track has grown over 120% in value over a year. This […] Read more
Falling Solar, Wind Tariffs Threaten SJVN’s Core Hydro Projects Updated On Mon, Aug 26th, 2024 by Saurenergy The lower tariffs offered by solar and wind projects in India seem to have dented the avenues of SJVN’s pet hydroelectric power projects. The top management of the company has also taken an account of the same in its latest Annual Report for the last fiscal. In the pursuit of expanding its footprint in the […] Read more
SECI Seeks 800 Acres Of Land For 200 MW Solar Project In MP Updated On Fri, Aug 23rd, 2024 by Saurenergy Solar Energy Corporation of India (SECI) recently released a tender for the selection of an agency for the outright purchase or lease of 800 acres of land for the development of a 200 MW solar project in Madhya Pradesh with September 23 as the last date for bids submission. The SECI tender states that for […] Read more
IIT Bhubaneswar Develops Solar-Powered Reactor For Waste Management Updated On Thu, Aug 22nd, 2024 by Saurenergy A research team from the School of Infrastructure at the Indian Institute of Technology (IIT) Bhubaneswar has developed a solar-powered microwave pyrolysis reactor. This reactor is designed to recover valuable resources from both segregated and mixed waste materials, including biomass and plastics. The reactor uses microwave-assisted pyrolysis to rapidly convert waste into products such as […] Read more
Ruloans, UGRO Capital Foray Into Rooftop Solar Financing Biz Updated On Tue, Aug 20th, 2024 by Saurenergy Ruloans, a credit distribution company in India, entered into a partnership with UGRO Capital, a DataTech MSME-lending platform, to tap into the growing renewable energy finance market. Ruloans is a direct sales agent (DSA) for all financial services, including loans, credit cards, and insurance. It recently added rooftop solar finance products into its loan portfolio […] Read more
Borosil Renewable Seeks More Protection For Indian Solar Glass Firms Updated On Mon, Aug 19th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewable is now in favour of changes in government tender documents to ensure use of only ‘domestically produced solar equipment’ like solar glass. This, the management said, is needed to protect the Indian solar glass companies, which are plagued with the challenges emanating from the stiff competition from the Chinese […] Read more
Q1 Results: Borosil Renewable Sees Surge In Revenues, Increase In Losses Updated On Tue, Aug 13th, 2024 by Saurenergy Indian solar glass company Borosil Renewable has now announced its financial results for the first quarter (Q1). The latest consolidated details furnished by the company revealed that during the first quarter of the financial year 2024-25, the Mumbai-based company witnessed a rise in its revenues. However increasing losses dampened its balance sheet. The latest details […] Read more
Gensol Q1 Results- Revenues Up 105% at ₹297crores, Order Book At ₹5,025 Crore Updated On Tue, Aug 13th, 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 (BluSmart), today announced its consolidated and standalone financial results for the quarter ended June 30th, 2024 (Q1 FY25). Q1 FY25 Highlights: Total Revenue was ₹297 Crore for Q1 FY25 compared to ₹145 Crore in Q1 […] Read more
Every Indian District Soon To Host One Model Solar Village Updated On Mon, Aug 12th, 2024 by Saurenergy Every district of the country is now all set to host one model solar village. The Ministry of New and Renewable Energy (MNRE) has now come out with detailed guidelines to make this a reality. As per the norms, these model solar villages will be developed as components of the PM Surya Ghar scheme with […] Read more