Are Green Stocks Struggling To Meet High Expectations Updated On Tue, May 21st, 2024 by Saurenergy On a day when heatwaves across the country and soaring power demand indicates a hot summer ahead, the focus was clearly on coal stocks, and not green energy stocks today. Consider how despite a dropping share of generation capacity, thermal’s share of actual generation has only been climbing, with power plants set to enjoy their […] Read more
SaurEnergy Explains: A Guide to Green Power Trading Updated On Fri, May 17th, 2024 by Saurenergy The world has witnessed exponential growth in the renewable energy sector, particularly over the last decade, as the importance of renewable energy has become common knowledge. According to one IRENA report, 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Furthermore, renewables […] Read more
IEX Year End Review: DAM Prices Witness A Decline In FY24 Updated On Thu, May 16th, 2024 by Saurenergy Indian Energy Exchange (IEX) in its audited financial results for the fourth quarter & year ended March 31, 2024, found a total volume in FY24 to reach 110.1 BU which is a 13.7% YoY increase. In the audited standalone IEX financial results for the fourth quarter and financial year ending March 31, 2024, the company reported an increase in its revenue in FY’24 at Rs.550.8 […] Read more
US Slaps 50% tariffs On Chinese Solar Cells Updated On Wed, May 15th, 2024 by Saurenergy In its continuing efforts to build, and protect existing US solar manufacturers from Chinese imports, US President Joe Biden has announced a series of tariffs directed towards Chinese goods, including solar cells. Under Section 301 of the Trade Act of 1974, solar cells – whether assembled or not into modules – tariffs will increase from […] Read more
INOX Wind Hopes To Power Growth With Its 3MW Wind Turbines Updated On Tue, May 14th, 2024 by Saurenergy Wind Turbine Manufacturer INOX Wind is now harping on its latest addition of production of 3 MW of wind turbines for increased revenues. The top management of the firm in its latest investors call talked in detail about the transition and the expected returns out of this. As per the management, the transition and the […] Read more
April 26 -Investors Book Profits In Some Green Energy Stocks, Rest Steady Updated On Fri, Apr 26th, 2024 by Saurenergy On a mixed day for our green energy pack, the law of averages, or performance, finally caught up with KPI Green Energy, which, despite a strong set of results in Q4, was locked at the lower circuit. It was the same story for Waaree Renewable Technoligies, where perhaps, fear of running too far ahead of […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
Pakistanis Take Matters In Their Own Hands With Rooftop Solar Boom Updated On Wed, Apr 10th, 2024 by Saurenergy Pakistan has been facing the dual challenge of rising electricity prices and an unreliable grid power supply for some time now. With electricity prices in key cities like Lahore nudging Rs 70/kW, and that too with unreliable supply, it has become only too apparent for many middle class and richer residents that they will need […] Read more
Luminous Moves Forward On Solar Panel Mfg. With 250 MW Panel Plant Updated On Thu, Mar 28th, 2024 by Saurenergy Leading energy solutions firm Luminous Power Technologies inaugurated its Solar Panel Factory in Rudrapur, Uttarakhand. The company claims the facility has cutting-edge technology and infrastructure designed to ensure maximum efficiency and minimal environmental impact. The launch was graced by legendary cricketer and Luminous Brand Ambassador Sachin Tendulkar, accompanied by Preeti Bajaj, CEO & MD, Luminous Power Technologies, and Manish […] Read more