Saudi Arabia To The Rescue For Chinese Renewable Majors Updated On Wed, Jul 24th, 2024 by Saurenergy Hit by domestic overcapacity and sanctions in the US and other key markets, China’s leading green energy firms are looking to the Middle East to fill the holes. As the world’s largest solar and wind market, with the manufacturing capacity to boot, Chinese firms have been well established as global suppliers across every major market, […] Read more
Adani Renewable Adds 250 MW Of New Wind Project At Khavda Updated On Wed, Jul 24th, 2024 by Saurenergy Adani Renewable Energy recently operationalized its new 250 MW of energy wind energy capacities at the Khavda Renewable Park in Gujarat, touted to be world’s largest renewable energy park. This comes after the Indian renewable company announced operationalizing 1 Gigawatt (GW) of solar capacities at Khavda. The firm has plans to add 30 GW of […] Read more
Budget 2024 Announcements On PSP, Thermal- Hit Or Miss? Updated On Wed, Jul 24th, 2024 by Saurenergy As the dust settles on the budget announcements, by all accounts the budget continues to lose relevance in terms of the sort of disruptive changes it could bring earlier. For the renewable sector, that means even as the loud clamor for a reduction of GST rate on equipment like turbines and modules from 12% to […] Read more
What The Green Industries Said About Budget 2024? Updated On Tue, Jul 23rd, 2024 by Saurenergy Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […] Read more
Budget 2024: Govt Imposes New Customs Duty On Solar Glass Updated On Tue, Jul 23rd, 2024 by Saurenergy Union Finance Minister Nirmala Sitharaman today presented the Union Budget for 2024-25 before the Parliament. The minister talked about several steps taken by the government towards India’s sustainable energy transition besides rolling out some more plans of the government to boost the growth of the renewable energy industry in the sector. She also talked about […] Read more
Jakson Green Secures Rs 2.96bn Credit Facility From First Abu Dhabi Bank Updated On Mon, Jul 22nd, 2024 by Saurenergy Jakson Green Private Limited, a new energy transition platform, has secured a credit facility of Rs 2.96 billion from First Abu Dhabi Bank (Mumbai). The company said that this financing will fuel the company’s international expansion, with Uzbekistan serving as the first beneficiary for its upcoming solar photovoltaic (PV) and battery storage project. “As Jakson […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
Sungrow, Hero Future Energies Ink 850 MW Supply Agreement Updated On Thu, Jul 18th, 2024 by Saurenergy Sungrow signed a strategic agreement with Hero Future Energies (HFE), to supply 850 MW of inverters, expanding its presence in clean energy space. Sungrow a PV inverter and energy storage system provider for renewables signed an agreement with Hero Future Energies (HFE), the renewable energy arm of Hero Group. Through this agreement, the company claims […] Read more
Q1 Results: Sterling & Wilson Reports Profit, Gets Rs 2,170cr Orders Updated On Thu, Jul 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWREL) in its first quarterly results for financial year 2025 (FY25), reported profits with a continued revenue growth of 78% (year-over-year) YoY. The renewable EPC received a order inflow of Rs. 2,170 crores and claims to receive a strong rebound in its revenue in Q4 FY24. continues its growth […] Read more
