81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA Updated On Wed, Sep 25th, 2024 by Saurenergy Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […] Read more
Green Stocks Sep 24: EPC’s Waaree RTL, KPI Green And Shakti Pumps Make Merry Updated On Tue, Sep 24th, 2024 by Saurenergy The markets struggled to move either way today, but that was no constraint for our green pack. Three of the EPC players, namely Waaree RTL, KPI Green, and Shakti Pumps jumped sharply, while Adani Green continued its slow rise this week. On the other hand, Tata Power continued to show the legs for a further […] Read more
Green Stocks Sep 23: Waaree, KPI Green Shine In Stock Market Updated On Mon, Sep 23rd, 2024 by Saurenergy After the Sensex and Nifty recorded a minor hike today, some green energy firms also seemed to maximise on the benefits. However, for some it still proved to be a challenging day. The Indian green company which witnessed the highest growth in its stock price was the solar company-Waaree Renewable, the EPC arm of the […] Read more
ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
Green Stock Sep 20: Record Highs In Markets, Green Stocks Surge As Well Updated On Fri, Sep 20th, 2024 by Saurenergy On a day when the markets comprehensively broke new ground and records, the biggest green energy stocks were not to be left behind. Adani Green Energy and JSW Energy led the large-cap developers, while Waaree RTL and SW Solar led the EPCs on a strong day at the markets. The only stocks to miss out […] Read more
NVVN Issues EPC Tender For Developing Rooftop Solar Projects Updated On Fri, Sep 20th, 2024 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of the NTPC has now issued a tender seeking EPC players to develop rooftop solar projects of the company. NVVN, has planned to develop several rooftop solar projects across India on government and private buildings. The tender mandated developing these projects and also taking care of Operations […] Read more
Green Stocks 19 Sep: Market Turmoil Shakes Up Green Pack Updated On Thu, Sep 19th, 2024 by Saurenergy On a day when only the large cap NIFTY and BSE Indexes remained green, mid-caps and small-cap stocks bore the brunt of profit booking, Our Green energy pack, where only Adani Green, Tata Power, and JSW energy are large caps, could not ride out the selling pressure, with only Adani Green ending in the green. […] Read more
LONGi Revenues Down 40% In H1 2024, Losses Climb To $760 Million Updated On Thu, Sep 19th, 2024 by Saurenergy LONGi Green Energy, one of the largest integrated solar manufacturers , has reported its H1 results. The results reflect the weakness in prices seen during the year, with the firm slipping into significant loses on a reduced turnover. All this, despite LONGi reporting shipment of over 78 GW of wafer, cells and modules. LONGi reported […] Read more
Govt Releases Revised Guidelines For EV Charging Stations Updated On Thu, Sep 19th, 2024 by Saurenergy The Ministry of Power has now issued a revised guidelines for setting up electric vehicle (EV) charging stations at private, public and restricted areas. The fresh norms talked about a ceiling in the tariffs of EV charging stations, maximum service charges from consumers during solar and non-solar hours. The new rules also touched upon the […] Read more