India’s Solar Sector Buoyant On New Growth Trajectory Updated On Wed, Oct 9th, 2024 by Saurenergy FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […] Read more
H1: IREDA Loan Sanctions Rise 303%, Disbursements Grows 56% Updated On Tue, Oct 1st, 2024 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA),has reported a 303% growth in loan sanctions, rising to Rs. 17,860 crore in the first half of FY 2024-25, compared to Rs. 4,437 crore during the same period in FY 2023-24. These are provisional figures as of September 30, 2024. IREDA’s loan disbursements also showed significant growth, increasing […] Read more
Gujarat: GE Vernova Set To Supply 51.3 MW Wind Energy To Powerica Updated On Fri, Sep 27th, 2024 by Saurenergy US-based wind energy company GE Vernova recently signed an agreement to supply 51.3 MW of wind turbines to Powerica in Gujarat. For its 51.3 MW project in Devbhumi Dwarka, Gujarat, Powerica has chosen to install 19 GE Vernova 2.7 MW-132 wind turbine generators (WTGs). Powerica, a key player in both the Independent Power Producer (IPP) […] Read more
Q3 2024: GE Vernova Faces $300Mn Loss Despite Onshore Wind Profitability Updated On Fri, Sep 13th, 2024 by Saurenergy GE Vernova recently released its financial results for 2024, in its financial guidance it posted a revenue trending towards the higher end of $34-$35 billion, adjusted EBITDA margin* of 5%-7%, and free cash flow* of $1.3-$1.7 billion. The company expects incremental strength in its Power and Electrification segments, with both trending towards the higher end […] Read more
Lead – Marketing Specialist Updated On Thu, Sep 5th, 2024 by Saurenergy The position requires a candidate who understands both traditional and digital marketing activities, and who can blend a creative approach to design and content, with strong analytical abilities and experience of using data to inform, plan and target campaigns effectively across the spectrum of activities from social media, content, media relations to webinars and events. […] Read more
NLC Set To Supply 200 MW Renewable Energy To Telangana Updated On Thu, Aug 29th, 2024 by Saurenergy NLC India Limited (NLCIL) a Navratna Government of India Enterprise under the Ministry of Coal has signed a Power Usage Agreement with Telangana state discoms for 200 MW solar power at a competitive and affordable price under CPSU scheme for 25 years. NLC India Lmitted’s solar project is set to generate around 1,300 crore units […] Read more
Green Stocks August 13: Inox Wind Blows Away From the Pack With a 10% Jump Updated On Tue, Aug 13th, 2024 by Saurenergy On a day when the market dived, three green stocks stood out, namely, Adani Green Energy, Suzlon, and Inox Green, which was up a full 10%. Inox Wind in fact, is up 21% in the past month, while Suzlon is also up an even more impressive 47%. All the other stocks dropped, with Waaree and […] Read more
Senior Accountant Updated On Fri, Aug 9th, 2024 by Saurenergy Responsibilities:- Prepare general ledger entries as needed to ensure completeness and accuracy of the financial results in accordance with GAAP Ensure financial close and reporting deadlines are met Identify and implement process improvements, we are a fast-growing company and consistently reinventing our processes to keep pace with our growth to ensure scalability Guide non-financial functional […] Read more
News Briefs Aug 6-Nextracker Acquires Ojjio, BrightNight Raises $440 Million, Marinus Link Updated On Tue, Aug 6th, 2024 by Saurenergy Nextracker Acquires PV Foundation Maker Solar Pile International US based PV tracker major Nextracker has acquired US-based solar PV foundations supplier Solar Pile International (SPI) for US$48 million. This is Nextracker’s second acquisition of a solar foundation maker after Ojjio that was closed in June this year for $120 million. Announcing the acquisition during Nextracker’s […] Read more
