Saatvik Solar Appoints Kuldeep Jain as COO For Solar EPC Projects Updated On Fri, Apr 5th, 2024 by Saurenergy Solar module maker Saatvik Solar, has appointed Kuldeep Jain as Chief Operating Officer (COO) for their Solar EPC & IPP projects. With this strategic appointment, Saatvik Solar aims to bolster its presence in solar projects globally. His extensive experience and expertise are expected to drive the company’s growth trajectory in the renewable energy sector, reinforcing […] Read more
As Protectionist Walls Come Up, China’s Solar Giants Pin Hopes On Global Growth Updated On Fri, Apr 5th, 2024 by Saurenergy As India’s new ALMM (Approved List of Module Manufacturers) regime took effect on April 1, it was time for many Chinese suppliers, who enjoyed a rush of orders from India till as late as February 2024, to evaluate future plans for the country. Module sales are likely to slump now, with almost all projects covered […] Read more
Azure Power Announces Suspension of SEC Reporting Obligations Updated On Fri, Apr 5th, 2024 by Saurenergy Renewable energy developer Azure Power Global Limited, which has most of it’s portfolio kf projects in India, has confirmed that the Company’s US Securities and Exchange Commission (“SEC”) reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act), were suspended on April 1, 2024. On October 31, 2023, […] Read more
Waaree Renewable Leads Gains Among Green Stocks with +5.00% rise on April 4 Updated On Thu, Apr 4th, 2024 by Saurenergy In our new tracker for Green Energy stocks, we will bring you a daily update on key green energy stocks and their price movement on the Bombay Stock Exchange. It’s a sector that deserved to be covered, not just because of the hype and visibility that has taken many of these shares to lifetime highs, […] Read more
Husk Power Plans To Commission More Mini-Grids In India: William Brent (CMO) Updated On Thu, Apr 4th, 2024 by Saurenergy How did the journey of Husk Power Systems start? Husk Power’s journey started around 2008 with its co-founder, Manoj Sinha, and other like-minded people from Bihar. At that time, rural electrification was a major issue in India and states like Bihar. Husk came into the picture to ensure that the unserved communities in those areas […] Read more
IEX FY24 and March Update- Overall Volumes Up, Green Market Volumes Slump Updated On Thu, Apr 4th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved 110 BU in FY’24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY’24. REC traded volume in FY’24 increased 26% on YoY basis. The Government undertook several measures […] Read more
Zypp Electric Registers 3 Times Revenue Growth In FY24; Deploys 20k E-Scooters In 2023 Updated On Wed, Apr 3rd, 2024 by Saurenergy Electric Vehicle firm, Zypp Electric has announced that it had a three-times surge in revenue in FY24. The company has deployed an additional fleet of electric scooters across India, Zypp Electric has expanded its presence in six major metropolitan cities of Delhi NCR, Bangalore and Mumbai. According to Zypp Electric, this exponential growth underscores Zypp […] Read more
China Versus The US, Europe and Japan? Trade Battles Reach WTO Updated On Wed, Apr 3rd, 2024 by Saurenergy Days after China formally raised the issue of US subsidies under the Inflation Reduction Act (IRA), the US and Japan, with every possibility of Europe joining in, have been reported to be in formal talks to form a loose alliance to counter the Chinese threat on trade. While the United States and Japan have joined […] Read more
RE Company Sonnedix Signs EPC Pact With Spanish Firm Eiffage Energia Sistemas Updated On Mon, Apr 1st, 2024 by Saurenergy Renewable energy producer Sonnedix has signed its first Engineering Procurement Construction (EPC) Framework Agreement with Eiffage, one of Europe’s construction and concession companies, through its Spanish brand, Eiffage Energia Sistemas. Under the Framework Agreement, construction activities for Sonnedix’s pipeline of projects in Spain, Italy, and Portugal will be delivered under standardised general terms and conditions, […] Read more
