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Sterling & Wilson Renewable Shines Among Green Stocks

On a day when the broader sensex still fell by over 0.5%, many of the green energy stocks in our tracker made a smart recovery as sentiment continued to favour their prospects over any looming risk currently. While Waaree Continued its now predictable run to the upper circuits, EPC player Sterling and Wilson Renewable made […]

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As Govt Reimposes ALMM, New Challenges Emerge For Solar Industry

Approved List of Module Manufacturers (ALMM) reimposition in India by the Ministry of New and Renewable Energy (MNRE) has led to speculations in the solar industry ranging from solar module manufacturers, and developers to other stakeholders. The ministry had earlier kept it in abysence for a few years to allow the domestic solar market to […]

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ALMM To Rule Solar From April 1, 2024 in India

Putting to rest any doubts over the future of sourcing for key solar projects, the Ministry of New and Renewable Energy (MNRE) has confirmed the deadline of March 31 for ending all ALMM related exemptions for developers in a terse, one page office memorandum. At SaurEnergy, we had predicted this outcome early this week. That […]

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Bihar Seeks Bids For 564 MW Solar Projects Under PM KUSUM

Component C of the PMKUSUM scheme, which seeks grid connected solar pumps as part of the same (Component B is off grid pumps and Component A is ground mounted  solar ), is in the limelight in Bihar. Bihar State Power Generation Company (BSPGCL) has invited bids for 564 MW of projects under the scheme, in […]

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US Solar Manufacturers Come Out With Prescription for Domestic Manufacturing

A new report commissioned by the Solar Energy Manufacturers for America (SEMA) Coalition and authored by Guidehouse Insights Inflection Point makes a case for stronger government efforts to ensure the US domestic solar manufacturing industry withstands the challenge mounted from China or Chinese  linked imports. “Thanks to the efforts of Congress and the Administration, with […]

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SECI Invites Pre Bid For 900 MWp PV Modules & Cells Manufacturing In India

Solar Energy Corporation of India (SECI) released a tender inviting bids for domestically manufactured solar PV modules with solar cells. The tender invited bids for domestic manufacturing, testing, packing and forwarding, supply, and transportation of the 900 MWp project. The document mentioned the pre-bid for the project to be placed at 11 am on 27th […]

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SJVN Signs Power Usage Agreement With J&K Power Corporation

SJVN Green Energy Limited subsidiary of SJVN Green Energy Limited (SGEL) recently signed a Power Usage Agreement (PUA) with Jammu & Kashmir Power Corporation Limited (JKPCL) for 300 MW Solar Power Capacity. Further, under this agreement, 300 MW of power is expected to be supplied to JKPCL from the under-construction of the 1,000 MW Bikaner […]

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Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore

Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […]

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