Ostro Energy Eligible For Compensation Due To Change In GST Rates: CERC Updated On Wed, Dec 27th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to Ostro Energy Private Limited, a renewable energy company. The compensation was awarded to it on account of surge in Goods and Services Tax (GST) after submitting its bid for a government project. As per the case details, Ostro Energy is a power […] Read more
Vinayak Kathare Joins Log9 Materials As Vice President, Stationary Energy Systems Updated On Tue, Dec 19th, 2023 by Saurenergy Vinayak Kathare has joined Log9 Materials as its new Vice President of Stationary Energy Systems. Headquartered in Bengaluru, Log9 Materials delves in batteries and energy storage solutions. Vinayak Kathare brings a wealth of experience in the renewable energy industry. His background includes heading new initiatives for one of India’s leading renewable energy firms. The firm […] Read more
Simple Energy Launches E2W Dot One At INR 99,999 Updated On Mon, Dec 18th, 2023 by Saurenergy Simple Energy, an electric vehicle and clean energy start-up, has announced the launch of its latest electric two-wheeler Simple Dot One. An exclusive introductory price of INR 99,999 is being offered specifically for pre-booked Simple One customers from Bangalore. This limited offer stands while inventory lasts. Meanwhile, the launch price for new customers will be […] Read more
Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route Updated On Fri, Dec 15th, 2023 by Saurenergy Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […] Read more
“We Are Targeting To Achieve Installation Of 10+ GW Quantum by 2030”, Naresh Mansukhani, Juniper Green Energy Updated On Wed, Dec 13th, 2023 by Saurenergy Juniper Green Energy has been in the news for all the right reasons in the recent past, as the firm led by its founder and CEO Naresh Mansukhani, closed a major $350m deal with the AT Capital group and Vitol in September this year. Now part of the AT group, Juniper Green Energy, based out […] Read more
China’s Module Giants Sound Alarm Over Falling Prices Updated On Thu, Nov 30th, 2023 by Saurenergy At the Bloomberg New Energy Finance Summit in Shanghai on November 27, the leaders of China’s, and the world’s largest solar module firms expressed worries on the all time low module prices seen in recent weeks and months. For what it is worth, prices are expected to drop even further before any recovery can start. […] Read more
Energy Market Analyst – Power Updated On Tue, Nov 28th, 2023 by Saurenergy Collecting and analyzing data for power sector modeling projects (i.e., technology characterizations, regional load and energy demand data, emissions control technologies cost and performance) Perform production cost modeling and transmission congestion analysis of power markets Assist in modeling and analysis of nodal power markets including financial calculations and other standard asset valuation-related tasks Assist in […] Read more
Falling Module Prices To Ensure Record Solar Capacity Addition in FY24- CRISIL Updated On Tue, Nov 21st, 2023 by Saurenergy Ratings and research agency CRISIL has weighed in on the impact of falling solar module prices. A steady decline in the price of solar modules since October 2022 will boost the internal rate of return (IRR) of 45 GW of utility-scale solar project pipeline1 awarded since fiscal 2021. This, in turn, will propel solar capacity […] Read more
Australia’s Hydrogen & Renewable Energy Act 2023 Sees Light of Day Updated On Fri, Nov 17th, 2023 by Saurenergy Both the houses of the South Australian Parliament have cleared the Hydrogen and Renewable Energy Act 2023. Some areas of the state will benefit from the Act with respect to the generation of hydrogen and renewable energy. The legislative framework of Hydrogen and Renewable Energy Act 2023 looks to introduce a ‘one window to government’ […] Read more
