Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary Updated On Mon, Apr 8th, 2024 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […] Read more
As Govt Reimposes ALMM, New Challenges Emerge For Solar Industry Updated On Mon, Apr 8th, 2024 by Saurenergy Approved List of Module Manufacturers (ALMM) reimposition in India by the Ministry of New and Renewable Energy (MNRE) has led to speculations in the solar industry ranging from solar module manufacturers, and developers to other stakeholders. The ministry had earlier kept it in abysence for a few years to allow the domestic solar market to […] Read more
NTPC Targets 3 GW Renewable Capacity in Fy25, 2 GW Thermal Capacity Updated On Mon, Apr 8th, 2024 by Saurenergy NTPC Ltd. India’s largest integrated power utility, has set a target to add 5GW of installed capacity in Fy25. The move comes even as NTPC has dusted off plans to start adding thermal capacity as well, after declaring it would stop adding the same from 2025, back in 2021. The changes have been driven by […] Read more
SJVN Invites Bids For 100 MW Solar Project Based On PPA With RUVNL Updated On Fri, Apr 5th, 2024 by Saurenergy Satjuj Jal Vidhut Nigam, (SJVN), an Indian public sector undertaking (PSU) involved in hydroelectric power generation and transmission invited bids for the design, engineering, supply, erection, testing, and commissioning of 100 MW (AC) solar power project at NAWA, DIDWANA KUCHAMAN, Rajasthan. SJVN issued the tender in response to the power purchase agreement (PPA) between SJVN […] Read more
Another Strong Day For Green Energy Stocks As Uptrend Continues Updated On Fri, Apr 5th, 2024 by Saurenergy April 5, 2024. Even as Waaree Renewable seemed to pause its march to new highs in the morning before resuming in the second half, JSW Energy and SJVN also enjoyed a good day with 2% plus gains. All eyes in the market will now probably shift to the first of the quarterly results expected in […] Read more
Saatvik Solar Appoints Kuldeep Jain as COO For Solar EPC Projects Updated On Fri, Apr 5th, 2024 by Saurenergy Solar module maker Saatvik Solar, has appointed Kuldeep Jain as Chief Operating Officer (COO) for their Solar EPC & IPP projects. With this strategic appointment, Saatvik Solar aims to bolster its presence in solar projects globally. His extensive experience and expertise are expected to drive the company’s growth trajectory in the renewable energy sector, reinforcing […] Read more
Microtek Expects 20%-40% Market Share Under PM Surya Ghar Updated On Fri, Apr 5th, 2024 by Saurenergy Indian solar inverter manufacturer Microtek has now pinned high hopes from the recently launched PM Surya Ghar: Muft Bijli Yojana. The firm which manufactures grid-connected solar inverters in the range from 1 kW to 100 kW sees a vault of new opportunities with the new scheme dedicated to the residential rooftop solar segment. In a […] Read more
Indosol Solar Commences PV Module Production In Andhra Pradesh Updated On Fri, Apr 5th, 2024 by Saurenergy Indosol Solar Private Limited, a subsidiary of Shirdi Sai Electricals Limited (SSEL) has commenced production from its solar PV module manufacturing facility in Ramayapatnam, Nellore, Andhra Pradesh to commission the 500MW modules line at the project. According to Indosol Solar, in the commissioning stage, the facility is equipped to manufacture 500 MW of fully automated, […] Read more
As Protectionist Walls Come Up, China’s Solar Giants Pin Hopes On Global Growth Updated On Fri, Apr 5th, 2024 by Saurenergy As India’s new ALMM (Approved List of Module Manufacturers) regime took effect on April 1, it was time for many Chinese suppliers, who enjoyed a rush of orders from India till as late as February 2024, to evaluate future plans for the country. Module sales are likely to slump now, with almost all projects covered […] Read more
