Suzlon Acquires 51% Stake In Wind O&M Services Firm Renom Updated On Wed, Aug 7th, 2024 by Saurenergy Suzlon Group, India’s largest renewable energy solutions provider, has executed definitive agreements for the acquisition of a 76% stake in Renom Energy Services Private Limited (“Renom”), in two tranches, from the Sanjay Ghodawat Group (SGG). Renom is the largest Multi Brand Operations and Maintenance service (“MBOMS”) provider in the country with assets of 1,782 MW […] Read more
Green Stocks May 27: Waaree, Inox Stocks See A Jump Updated On Mon, May 27th, 2024 by Saurenergy In the last one day three green stocks recorded jumps in their stock prices. These included Waaree Renewables (5% increase), Inox Wind (5%) and JSW Energy (3.55%). Two other renewable companies also recorded increase in their stock prices. For example Borosil Renewables reported a rise of 2.42 percent in their stock prices while Adani Green […] Read more
Green Stocks May 24: Waaree, Inox See Highest Rise Of Stock Prices Updated On Fri, May 24th, 2024 by Saurenergy In the last one day, two out of 12 green stocks witnessed a 5 percent rise in their stock prices. These included–Inox Wind Energy, and Waaree Renewable leading the way with a 5% each. On the other hand, remaining green companies witnessed a decline with Suzlon Energy, taking the hit with 4.99% dip. Other companies […] Read more
Envision Strengthens Leadership In India Wind Energy Market Updated On Mon, May 20th, 2024 by Saurenergy Chinese Wind Turbine major Envision is the clear market leader in India, according to a report from MEC Intelligence. MEC Intelligence, (MEC+), is a specialist research and consulting firm for the marine, energy, and cleantech industries based out of India and Denmark. In its quarterly report on the wind sector in India, MEC highlights that, […] Read more
Inox Green Energy Receives LoA From NLC For Restoration Of 33 WTGs Updated On Tue, Mar 19th, 2024 by Saurenergy Inox Green Energy Services Ltd (IGESL) subsidiary I-Fox Windtechnik received a letter of award (LoA) from NLC India for the restoration of 33 Wind Turbine Generation System (WTGs). Inox Green Energy Services Limited one of the wind power operations and maintenance (O&M) service providers within India has a fleet size of >3.2 GW. Its subsidiary […] Read more
The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ? Updated On Tue, Mar 5th, 2024 by Saurenergy Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […] Read more
Scotland’s TWP Progresses With Its 1 GW Offshore Floating Wind Project Updated On Wed, Feb 7th, 2024 by Saurenergy Scotland-based renewable energy company Thistle Wind Partners (TWP) has submitted the onshore scoping report for its Ayre floating offshore wind project which is among the two of its ScotWind projects. According to the press release by the company, the 1 GW Ayre Offshore Wind Plant is planned to be located at the east of Orkney […] Read more
NHPC Seeks EoI For India’s First Off-Shore Wind Power Project Updated On Mon, Jan 15th, 2024 by Saurenergy The National Hydroelectric Power Corporation (NHPC Ltd) has issued an Expression of Interest (EoI) to attract global entities for the establishment of India’s inaugural offshore wind energy plant. This initiative aligns with NHPC’s broader strategy of achieving over 27 GW in renewable energy projects by 2030, supporting India’s climate objectives for the same year. The […] Read more
Wind Turbine Manufacturer Senvion Adds 121.5 MW Order to Portfolio Updated On Fri, Oct 13th, 2023 by Saurenergy Senvion Wind Technology Pvt. Ltd. (Senvion India), a manufacturer of wind turbines, has bagged an order by Independent Power Producer O2 Power Pvt. Ltd for its 2.7 MW M130 turbines. The order stands at a total of 121.5 MW. The scope of the project entails supply, installation, and commissioning, with a total of 45 machines […] Read more