News Brief May 13 – Vesper Energy, Meta Solar Deal, UK Solar Farm Updated On Mon, May 13th, 2024 by Saurenergy US-based Vesper Energy Sells Assets To Fortune 500 Energy Company Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets including solar farms, has sold its 100MW Deer Creek Renewable Energy project to an unnamed Fortune 500 energy company. Meta, Solarpack Collaborate on Solar Projects to Power Data Center in Indiana Meta and […] Read more
GAIL Invites Bids For Grid Tied RT Solar PV Plant Under KG Basin Updated On Mon, May 13th, 2024 by Saurenergy Gas Authority of India Limited (GAIL) India Limited, the state-owned natural gas processing and distribution company and a Maharatna Indian company, released a tender inviting bids to contract, design, supply, install, testing and commission of grid-tied rooftop solar PV plant. The project included an Annual Maintenance Contract (AMC) with a generation guarantee under Krishna Godavari […] Read more
Green Energy Stocks Continue to face Tough Market Assessment- May 13 Updated On Mon, May 13th, 2024 by Saurenergy With green energy stocks, there is clearly nothing like half measures. Even today, when the market moved between losses and a marginal profit, green energy stocks moved much more sharply. For tata Power and Waaree Renewable Technologies, even record profits were not enough to prevent a drop, a full 5% in case of Waaree. On […] Read more
Azure Power Appoints Brijesh Mehra As Non-Executive Director Updated On Mon, May 13th, 2024 by Saurenergy Azure Power Global Limited, a sustainable energy solutions provider and renewable power producer in India, has announced that Brijesh Mehra has been appointed as a non-executive Director of the Company and of Azure Power India Private Limited as the nominee of CDPQ Infrastructures Asia Pte Ltd., effective May 08, 2024. Mehra shall also assume the […] Read more
MNRE Goes Back To the Past To Declare All Rooftop Solar As PM Surya Ghar Achievements Updated On Mon, May 13th, 2024 by Saurenergy The latest documents from the Ministry of New and Renewable Energy (MNRE) make for some starling reading for the solar sector. The MNRE in its latest physical achievements report (upto April 2024) claimed that India’s total installed capacity under PM Surya Ghar scheme touched 12 GW. This is barely a few months since the launch […] Read more
CERC Declines Relief To Adani Subsidiary Over Delay In Bhuj Wind Project Updated On Mon, May 13th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment declined to give any relief to Adani Wind Energy Kutchh One Limited over its delay in the commissioning of its proposed 250 MW wind energy project. The project was slated to come up at Dayapar village in the Bhuj district of Gujarat. The Adani Group […] Read more
Gensol Engineering Appoints Rajesh Jain As Independent Director Updated On Mon, May 13th, 2024 by Saurenergy Renewable energy and electric mobility company Gensol Engineering Limited has announced the appointment of Rajesh Jain as a new independent director on its board. According to the statement by Gensol Engineering Jain brings a wealth of experience, having recently retired from Walker Chandiok & Co LLP after over two decades, where he significantly contributed to […] Read more
SAIL’s Bhilai Steel Plant To Have Chhattisgarh’s First Floating Solar Plant Updated On Mon, May 13th, 2024 by Saurenergy The Bhilai Steel Plant (BSP), one of the oldest steel plants of Steel Authority of India Limited (SAIL) that was started in 1955, has taken the lead with Chhattisgarh’s first 15-megawatt (MW) floating solar project in its Maroda-1 reservoir. The move is one of many efforts being initiated at the steel major to reduce its […] Read more
Waaree Renewables Reports 341% Surge In PAT In Q4, 167% Annually Updated On Sat, May 11th, 2024 by Saurenergy Waaree Renewable Technologies Limited, the solar EPC arm of the Waaree Group has published its financial results for the latest quarter (Q4). It also announced its annual financial results for FY24. As per the details shared by the company in its self-disclosure before the Bombay Stock Exchange (BSE), the company continued its growth in its […] Read more
