Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie Updated On Wed, Nov 20th, 2024 by Saurenergy Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […] Read more
GPES Strengthens Board With Key Leadership Inductions Updated On Wed, Nov 20th, 2024 by Saurenergy GP Eco Solutions, the Noida-based solar and storage solutions firm that listed on the SME Exchange earlier this year, has moved to strengthen its board with the induction of three industry stalwarts in the form of KS Popli, AK Jain and UN Tripathi. Popli retired as Chairman and Managing Director at IREDA in 2019, after […] Read more
PM Surya Ghar: MNRE Clarifies On CFA Aid To Housing Societies Updated On Wed, Nov 20th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now tried to clarify on the Central Financial Assistance (CFA) support under PM Surya Ghar for housing societies. The ministry dded a clause to provide Central Financial Assistance (CFA) to residential consumers benefiting from the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY), especially the Resident […] Read more
India’s RE Installations To Surpass 35 GW/Year By FY27: CareEdge Updated On Wed, Nov 20th, 2024 by Saurenergy The annual renewable energy (RE) installations in India are likely to surpass 35 gigawatts (GW) over the next two years, the latest report from CareEdge Ratings said. The agency said that it was primarily supported by a healthy pipeline of more than 100 gigawatts (GW), CareEdge Ratings says that the accelerated growth in the RE […] Read more
Tata Power, DGPC Forge Partnership For Clean Energy in Bhutan Updated On Wed, Nov 20th, 2024 by Saurenergy In a move towards regional energy cooperation, India’s integrated power company Tata Power has partnered with Bhutan’s Druk Green Power Corporation Ltd. (DGPC) to develop 5,000 MW of clean energy capacity. This collaboration aims to bolster energy security and accelerate the transition to sustainable energy across South Asia. Key Highlights of the Collaboration Strengthening Bhutan’s […] Read more
Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI Updated On Wed, Nov 20th, 2024 by Saurenergy Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore. […] Read more
India Likely To Add More Than 26 GW Of Renewables In FY25: ICRA Updated On Tue, Nov 19th, 2024 by Saurenergy ICRA expects the installed renewable energy capacity (including large hydro) in India to increase to about 250 GW by March 2026 from the level of 201 GW as of September 2024. The capacity addition will be driven by the large project pipeline of over 80 GW, following the significant improvement in tendering activity in FY2024. […] Read more
GoodWe Inaugurates Global Partner Summit at New Headquarters Updated On Tue, Nov 19th, 2024 by Saurenergy GoodWe, a global company offering solar inverter and energy solutions, inaugurated its first Global Partner Summit at its new global headquarters in Suzhou, China. Themed Empowering Future of Energy Together: Opportunities, Challenges, and Collaborations, the event gathered 500 industry players worldwide to foster collaboration, exchange insights on industry dynamics, and showcase GoodWe’s latest innovations accelerating […] Read more
AMPIN Energy, CIP Partner To Create $3 Bn RE Asset Base In India Updated On Tue, Nov 19th, 2024 by Saurenergy AMPIN Energy Transition, and Copenhagen Infrastructure (CIP) have announced a second partnership to develop another ~2 GWp of renewable energy projects across India. This new investment in excess of USD 300 million would help create a renewable energy asset base of approx. USD 1.5 billion. This partnership follows the existing partnership that AMPIN and CIP […] Read more