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India’s Renewable Generation Surges By 5.5% In 4 Months Of FY25

India’s renewable energy generation has surged by 5.5 percent in the initial four months of fiscal year 2024-25. The latest data released by the Central Electricity Authority (CEA) indicated that solar and wind power generations have shown good progressive signs in actual generation. The latest renewable generation report of the CEA said that India generated […]

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Extended Wait Ahead For Any Price Drops In Solar, Wind

If you track India’s renewable sector, you couldn’t have failed to notice the seeming exuberance in recent months. Amplified by the soaring valuations of listed firms on the country’s stock exchanges, at SaurEnergy, we have tracked how a basket of ‘green energy’ stocks we track has grown over 120% in value over a year. This […]

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ReNew Signs 437.6 MW Green Attribute Pact With Microsoft

ReNew, one of India’s leading renewable energy companies, announced the signing of a green attribute sale contract of 437.6 MW of capacity with American software technology giant-Microsoft. The contract is expected to generate over one million units of green electricity attributes annually, contributing to Microsoft’s ambition to be carbon-negative by 2030.  As part of the […]

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Adani Power Debuts In Middle East, Sets Up Subsidiary At Abu Dhabi

Adani Power Limited has established a new wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, following its expansion into Singapore. The company informed the exchange that Adani Power Middle East Ltd. will focus on investments in power, infrastructure, and related industries. The subsidiary has an authorized share capital of $27,000, […]

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Bangalore Discom To Get Solar Power From Pavagada At Rs 2.89/unit

JSW Renew Energy Twenty Limited, a subsidiary of JSW Energy Limited, has signed a Power Purchase Agreement (PPA) with Bangalore Electricity Supply Company Limited (BESCOM) for a solar capacity of 300 MW. The project was awarded by the Karnataka Renewable Energy Development Limited (KREDL), the state nodal agency for renewable energy in Karnataka. The power […]

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Waaree Energies Appoints Aniruddha Khekale as CHRO

IPO-bound Waaree Energies Limited, India’s largest manufacturer of solar PV modules has announced the appointment of  Aniruddha Khekale as its Chief Human Resources Officer (CHRO). Aniruddha Khekale’s appointment comes at a period of high growth for the company as it chases the opportunity of a lifetime to build on its strong market presence and dominance […]

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Borosil Renewable Seeks More Protection For Indian Solar Glass Firms

Indian solar glass manufacturer Borosil Renewable is now in favour of changes in government tender documents to ensure use of only ‘domestically produced solar equipment’ like solar glass. This, the management said, is needed to protect the Indian solar glass companies, which are plagued with the challenges emanating from the stiff competition from the Chinese […]

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Q1 Results: ReNew Sees 86% Decline In Net Profits

Renewable energy company ReNew today announced the financial results (unaudited) of first quarter of financial year 2024-25. The NASDAQ-listed company said that it has seen a surge in its operating capacity by around 24 percent Year on year. ReNew’s clean energy contracted portfolio was ~15.6 GW as of Aug 15, 2024. The company said that […]

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Waaree Energies Secures 90 MW Contract From Juniper Green

Indian solar module manufacturers Waaree Energies has now secured a 90 MW order to supply of 540/545Wp dual glass bifacial modules to Juniper Green for their solar project in Bikaner, Rajasthan. Sunil Rathi, Director Sales, Waaree Energies said, “We are glad to have won this order of Juniper for this project represents a significant stride […]

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