India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24 Updated On Wed, Apr 10th, 2024 by Saurenergy India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […] Read more
EU Probes Foreign Subsidies For Chinese Wind Turbines Updated On Wed, Apr 10th, 2024 by Saurenergy After the US, now European Union (EU) Commission recently announced the launch of an inquiry into Chinese suppliers of wind turbines under the new Foreign Subsidies Regulation. This announcement came as Chinese wind turbine manufacturers pushed hard and won some orders in Europe. They offered cheap turbines and generous finance which distorts the integrity of […] Read more
Tata Power Stock Powers On In Renewable Pack On April 9 Updated On Tue, Apr 9th, 2024 by Saurenergy On a day when the markets corrected mildly, the renewable pack reflected markets sentiments, albeit with much more volatility. Heavyweight Tata Power was the standout, moving 3.39% during the day to Rs 430.40. Solar Pump leader Shakti Pumps, fresh from a successful QIP, was back in the green, moving up 2.3% to Rs 1474. All […] Read more
FIMER’s Made In India Inverters Shine In Key Indian PV Projects: KN Sreevatsa, MD Updated On Tue, Apr 9th, 2024 by Saurenergy 1.How was the year 2023 for FIMER in India In 2023, FIMER achieved a groundbreaking feat by securing its first major order of the year — a substantial 2.45 GW contract from a single client at a specific location in India. This was particularly significant as it involved the successful conclusion of the NTPC Phase […] 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
To Meet AgriPV Capacity Of 20 GW In India By 2040, 1.1 Lakh Jobs To Be Created-Report Updated On Mon, Apr 8th, 2024 by Saurenergy India’s potential for Agri-Photovoltaic (APV) varies significantly across districts, ranging from 3,156 GW to 13,803 GW for various APV technologies according to recent report. In a report by the Fraunhofer Institute for Solar Energy Systems, EY, and CSTEP they projected APV capacity from 2024 to 2040, to achieve a cumulative addition of 20 GW and […] 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
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
Waaree Renewable Leads Gains Among Green Stocks with +5.00% rise on April 4 Updated On Thu, Apr 4th, 2024 by Saurenergy In our new tracker for Green Energy stocks, we will bring you a daily update on key green energy stocks and their price movement on the Bombay Stock Exchange. It’s a sector that deserved to be covered, not just because of the hype and visibility that has taken many of these shares to lifetime highs, […] Read more