Datta Infra To Invest ₹5000cr In Rajasthan’s RE Sector, Signs MoU Updated On Wed, Nov 20th, 2024 by Saurenergy Datta Power Infra has now signed a Memorandum of Understanding (MoU) with the Rajasthan government. The MoU envisages an investment of ₹5,000 crore in the state’s renewable energy sector. The investment aims to transform Rajasthan into a key hub for renewable energy. The firm plans to do this by boosting solar, wind, and hybrid power […] Read more
GPES Strengthens Board With Key Leadership Inductions Updated On Wed, Nov 20th, 2024 by Saurenergy GP Eco Solutions, the Noida-based solar and storage solutions firm that listed on the SME Exchange earlier this year, has moved to strengthen its board with the induction of three industry stalwarts in the form of KS Popli, AK Jain and UN Tripathi. Popli retired as Chairman and Managing Director at IREDA in 2019, after […] Read more
PM Surya Ghar: MNRE Clarifies On CFA Aid To Housing Societies Updated On Wed, Nov 20th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now tried to clarify on the Central Financial Assistance (CFA) support under PM Surya Ghar for housing societies. The ministry dded a clause to provide Central Financial Assistance (CFA) to residential consumers benefiting from the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY), especially the Resident […] Read more
India’s RE Installations To Surpass 35 GW/Year By FY27: CareEdge Updated On Wed, Nov 20th, 2024 by Saurenergy The annual renewable energy (RE) installations in India are likely to surpass 35 gigawatts (GW) over the next two years, the latest report from CareEdge Ratings said. The agency said that it was primarily supported by a healthy pipeline of more than 100 gigawatts (GW), CareEdge Ratings says that the accelerated growth in the RE […] Read more
Q2 Results: ReNew Reports 31% Increase In Net Profits Updated On Wed, Nov 20th, 2024 by Saurenergy Renewable energy company ReNew Power today announced its consolidated quarterly (Q2) financial results for the three months ending September 30, 2024. The company reported a 31 percent growth in its Profit After Tax (PAT) vis a vis the same period last year. Whereas, ReNew’s total income/ total revenue for Q2 FY25 was Rs. 29,887 million […] Read more
Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI Updated On Wed, Nov 20th, 2024 by Saurenergy Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore. […] Read more
Green Stocks Nov 19: Strong Show, Some Gains Surrendered By Closing Updated On Tue, Nov 19th, 2024 by Saurenergy On a volatile day for the market where it looked like a strong recovery was underway after 7 sessions of losses, our Green pack led the charge with most stocks outperforming market gains. Only to be tripped up by profit booking towards the close when most gave up some, or all of their gains. Shakti […] Read more
India Likely To Add More Than 26 GW Of Renewables In FY25: ICRA Updated On Tue, Nov 19th, 2024 by Saurenergy ICRA expects the installed renewable energy capacity (including large hydro) in India to increase to about 250 GW by March 2026 from the level of 201 GW as of September 2024. The capacity addition will be driven by the large project pipeline of over 80 GW, following the significant improvement in tendering activity in FY2024. […] Read more
GoodWe Inaugurates Global Partner Summit at New Headquarters Updated On Tue, Nov 19th, 2024 by Saurenergy GoodWe, a global company offering solar inverter and energy solutions, inaugurated its first Global Partner Summit at its new global headquarters in Suzhou, China. Themed Empowering Future of Energy Together: Opportunities, Challenges, and Collaborations, the event gathered 500 industry players worldwide to foster collaboration, exchange insights on industry dynamics, and showcase GoodWe’s latest innovations accelerating […] Read more
