Gujarat, Maharashtra Top In PM-KUSUM (Comp-C): Data Updated On Thu, Dec 5th, 2024 by Saurenergy The latest government data revealed that Gujarat and Maharashtra topped the list under Component C of the PM-KUSUM scheme. The scheme is aimed at solarising existing agricultural pumps and feeders. Minister of State (MoS) for New and Renewable Energy Shripad Yesso Naik recently submitted data on the scheme’s implementation in a written reply to the […] Read more
Green Stocks Dec 4: Adani Green Stock Price Plunges Again Updated On Wed, Dec 4th, 2024 by Saurenergy Wednesday presented a mixed day for the renewable energy companies in the stock market. Controversy hit Adani Green today and witnessed a further plunge in its stock price. The company’s stock today reported a 3.83% decline. The limelight today was on the Hyderabad-based solar cell and module manufacturing company Premier Energies with a rise of […] Read more
Glow Raises USD 30 Mn From Union Square Ventures To Expand Biz Updated On Wed, Dec 4th, 2024 by Saurenergy Glow, an Ethereum-based solar company secured USD 30 million in funding from venture capital firms Framework and Union Square Ventures. This funding aims to expand Glow’s operations into new markets, further develop blockchain solutions for renewable energy. Glow uses blockchain to create a Decentralized Physical Infrastructure Network (DePIN), linking solar farms and creating an efficient […] Read more
With Product Diversification, Servotech Eyes Increased Exports Updated On Wed, Dec 4th, 2024 by Saurenergy Indian cleantech company Servotech with its new diversified product range is now aiming for new heights. The firm, which enjoys a good market share in offering Eletric Vehicle (EV) chargers now aims to increase exports. The aim of an increased market share in EV charging exports emanates from its latest experiences. The firm has now […] Read more
Govt Released Rs 1,325 crore Till Now For PM-KUSUM Updated On Wed, Dec 4th, 2024 by Saurenergy Latest data from the government furnished before the Parliament revealed that the government has infused around Rs 1,325 crore for promoting solar irrigation. This was done with the central funding for the PM-KUSUM scheme, dedicated to boosting solar irrigation across the country. The latest data said that the government invested a total of Rs 1,325.77 […] Read more
Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India Updated On Wed, Dec 4th, 2024 by Saurenergy Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […] Read more
Fraud Row: SECI Withdraws Curbs Against Reliance Power Updated On Wed, Dec 4th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now backtracked on its plan to impose restrictions on Anil Ambani-led Reliance Power. The central utility had issued a notice around a month back to blacklist the company and its subsidiary to take part in SECI for three years. The original action came against allegations of allegedly […] Read more
November Power Trading- Electricity Prices Drop17% YoY Updated On Wed, Dec 4th, 2024 by Saurenergy Indian Energy Exchange, India’s largest electricity exchange, achieved electricity traded volume of 9,689 MU in November’24, marking a 15.7% year on year increase. During the month, IEX traded 5.46 lakh renewable energy certificates recording a 27.7% year on year decrease. According to government data published in November 2024, the country’s energy consumption reached 125 BUs, […] 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
