Q1 Results: IEX Registers 26% Growth In Net Profits On YoY Updated On Fri, Jul 26th, 2024 by Saurenergy Indian Energy Exchange (IEX) has published its financial results for Q1 of FY25. The latest filing by the energy exchange at BSE revealed that the company registered a 26 percent growth in its net profits on a Year-on-year (YoY) basis. However, its net profits on Quarter-on-Quarter (QoQ) basis plunged by 1.8 percent. The company reported […] Read more
SJVN Secures First Pumped Storage Project In Mizoram Updated On Fri, Jul 26th, 2024 by Saurenergy SJVN recently announced that it received a Letter of Intent (LoI) for the allotment of the 2,400 MW Darzo Lui Pumped Storage Project (PSP) from the Mizoram government. This is the first project of the company in Mizoram. Th SJVN project is spread across Darzo Nallah, a tributary of the Tuipui River in Mizoram. The […] Read more
China Adding Solar Capacity At 17 GW Per Month In 2024 Updated On Thu, Jul 25th, 2024 by Saurenergy After a record breaking 2023 when it crossed the 215 GW mark on new solar capacity additions, China continues to surprise on the upside in 2024 as well. The country added 102.48GW of new PV capacity between January and June 2024,as per the National Energy Administration (NEA), the nodal state body that tracks and regulates […] Read more
Green Stocks July 24: Borosil Renewables Continues Its Growth In Stock Market Updated On Wed, Jul 24th, 2024 by Saurenergy The day following the budget announcement, Borosil Renewables’ stock price stayed at the top with an 8% growth, followed by Shakti Pumps and Suzlon Energy making progress with a 5% rise. The firm also had maintained an 8 percent growth yesterday after the Union Budget announced imposing a new custom duty against the imports of […] Read more
With New Import Duties On Solar Glass, Borosil Sees ‘Acche Din’ Ahead Updated On Wed, Jul 24th, 2024 by Saurenergy In October 2023, Greater Noida hosted Renewable Energy Expo (REI) which saw the conglomeration of several renewable industries under one roof. On one side of the show, Borosil Renewable, one of India’s leading solar glass manufacturers hosted its stall. It entertained several solar industry leaders and had a series of meetings. In an interview with […] Read more
Budget 2024 Announcements On PSP, Thermal- Hit Or Miss? Updated On Wed, Jul 24th, 2024 by Saurenergy As the dust settles on the budget announcements, by all accounts the budget continues to lose relevance in terms of the sort of disruptive changes it could bring earlier. For the renewable sector, that means even as the loud clamor for a reduction of GST rate on equipment like turbines and modules from 12% to […] Read more
LevelTen Raises $65 Million, To Enter Newer Markets Updated On Wed, Jul 24th, 2024 by Saurenergy LevelTen Energy, which describes itself as a leading provider of transaction infrastructure for the energy transition, announced that it has secured approximately $65 million in a Series D funding round last week. The financing, which includes both new growth capital and the conversion of notes, was led by B Capital, a global multi-stage investment firm. […] Read more
Power Market Analyst Updated On Tue, Jul 23rd, 2024 by Saurenergy We are looking for a Power Market Analyst to join our team in Gurugram, India.The successful candidate will responsible for power market modelling and analysis covering Southeast Asian markets and supporting the wider Asia Pacific power and renewables team. He or she will use cutting-edge power dispatch models, engage industry executives on key market trends […] Read more
What The Green Industries Said About Budget 2024? Updated On Tue, Jul 23rd, 2024 by Saurenergy Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […] Read more
