No Viability Gap Funding Released For BESS In FY25: Govt Updated On Fri, Apr 4th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) said that it has not issued any viability gap funding (VGF) for battery energy storage system in FY25. The Union Cabinet approved the Viability Gap Funding (VGF) scheme for Battery Energy Storage Systems (BESS) on September 6, 2023, to support sector development. Under the scheme guidelines, 10% of […] Read more
FY 25: IEX Registers 121 Billion Units of Power Traded Updated On Fri, Apr 4th, 2025 by Saurenergy In its March update, Indian Energy Exchange, has achieved its highest ever electricity traded volume of 121 BUs in FY’25, registering an increase of 19% Year-Over-Year (YoY). IEX also recorded the highest-ever yearly trade of RECs in FY’25. A total of 178 lakh Renewable Energy Certificates were traded during the year, marking a 136 % […] Read more
Distributed Solar Startup Aerem Raises Rs 100 Crores Updated On Fri, Apr 4th, 2025 by Saurenergy Aerem, a solar platform dedicated to simplifying solar adoption for businesses and households, has announced that it has secured ₹100 crore in Series A round led by UTEC (University of Tokyo Edge Capital Partners), the Japan-based $700 million venture firm. The funds will drive the company’s expansion across India and enhance its solar financing and marketplace […] Read more
Pace Digitek Files ₹900 Cr IPO For Setting Up BESS Project Updated On Thu, Apr 3rd, 2025 by Saurenergy Renewable energy and telecom service provider Pace Digitek Ltd has filed for an initial public offering (IPO) worth ₹900 crore and is considering a pre-IPO placement of up to ₹1,800 million, according to its draft red herring prospectus. The IPO plans follow a string of wins for the firm in recent BESS tenders due from […] Read more
Green Stocks April 3- Stocks Shrug Off Tariff Noise To Enjoy A Breather Updated On Thu, Apr 3rd, 2025 by Saurenergy On a day when the markets struggled to decide just how bad US tariffs on India could be, immediately or in the long term, the immediate consensus seems to be business as usual. Thus, most of our green energy stocks with an overwhelmingly domestic focus did relatively well today, save for Waaree Energies, which is […] Read more
Green Stocks April 2: Stocks Sway To Analyst Views Updated On Wed, Apr 2nd, 2025 by Saurenergy The markets stood up to the threat of US tariffs today, as the details of potential impact will slip in through the evening. However, some of our green stocks, notably two key solar manufacturing firms in the form of Waaree Energies and Premier Energies were tripped up by a report from Bernstein, which predicted margin […] Read more
Green Stocks April 1- Green Stocks Weighed Down By Broader Worries Updated On Tue, Apr 1st, 2025 by Saurenergy The start of the new financial year was anything but auspicious, as stocks slipped due to worries about the impact of the US tariff action starting tomorrow. While the markets will take time to digest the impact of the US moves, some green stocks in our pack did buck the trend and stage a smart […] Read more
Can Honda Do An Activa With Its Activa e:? Updated On Tue, Apr 1st, 2025 by Saurenergy Honda Activa is not just a scooter. It stands as a symbol of no-nonsense mobility, deeply embedded in our memories and popular culture, and has even been immortalised in a hit song embraced by Gen Alpha. Launched in 2001, the petrol Activa revolutionised personal mobility in India, becoming a staple for millions, especially women, with […] Read more
Why Is Public EV Charging So Expensive? Updated On Tue, Apr 1st, 2025 by Saurenergy Owning an electric vehicle in India is as much a going green decision as saving money while using it. Since EVs have higher upfront costs when compared with a similar vehicle that has an internal combustion engine, the justification for saving money after using it is only if you will use it for as much […] Read more
