Green Tariffs, Budget Crucial For RE Growth in Rajasthan, Gujarat: Report Updated On Tue, Nov 5th, 2024 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA), in a briefing note, recommended a multifaceted approach to accelerate the renewable energy transition in two renewable-rich states namely, Gujarat and Rajasthan. This involves implementing strategic measures to enhance financial resources, improve market dynamics, and support effective governance. The note recommends the use of integrated green […] Read more
Indian Solar Cell Production Set To Expand But Challenges Galore Updated On Wed, Oct 30th, 2024 by Saurenergy Indian solar manufacturing industry is now under transition. While currently, a handful of solar cell makers are into the production of solar cells, the numbers are set to expand. A number of existing solar module manufacturing companies have now planned to add new solar cell production lines in the next two to three years. This […] Read more
Public Capital and Solar Firms- Made For Each Other? Updated On Mon, Oct 28th, 2024 by Saurenergy What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […] Read more
MNRE’s Plan To Boost Off-Grid Solar In Tribal Areas Gets Impetus Updated On Mon, Oct 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has secured the sanction of the President for the implementation of its revised funding for the Solar Power Scheme (for tribal and PVTG Habitations/Villages) under PM JANMAN and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA). This replaces the previous New Solar Power Scheme (for Particularly Vulnerable […] Read more
India’s Coal Sector Need Rs. 3,29,651 Cr Investment For Green Makeover: iForest Updated On Mon, Oct 21st, 2024 by Saurenergy Internationally, countries like the United Kingdom (UK) have recently shut down their last coal power plant. India, despite being the third largest emitter globally, simply cannot follow suit, even as it has established its first committee to develop a just transition framework. This framework aims to prepare guidelines for the government to transition away from […] Read more
Gensol and Matrix Gas Launch India’s First Green Steel Facility Updated On Mon, Oct 21st, 2024 by Saurenergy Gensol Engineering Limited and Matrix Gas & Renewables have partnered to establish India’s first and largest Green Steel production facility. This facility will utilize 100% Green Hydrogen for production. The project is one of three pilot projects sanctioned under the National Green Hydrogen Mission. MECON, the Ministry of Steel, and the Ministry of New and […] Read more
Waaree Energies Announces Price Band For Its IPO Updated On Wed, Oct 16th, 2024 by Saurenergy Indian solar module manufacturer Waaree Energies has announced the price band for its upcoming Initial Public Offering (IPO) during a press conference in Mumbai. The price range has been set between Rs 1,427 and Rs 1,503 per equity share. The company will offer a minimum lot of nine equity shares, with additional shares available in […] Read more
Suzlon, Jindal Renewables Ink 400 MW Captive Wind Power Deal Updated On Thu, Oct 10th, 2024 by Saurenergy Wind energy company Suzlon is set to harness the power of wind energy to decarbonize hard to abate steel sectors. The Pune-based company aims to harness the power of wind through its new 400 MW order from JSP Green Wind 1 Pvt. Ltd. (Special Purpose Vehicle – SPV of Jindal Renewables Power Private Limited). This […] Read more
India’s Solar Sector Buoyant On New Growth Trajectory Updated On Wed, Oct 9th, 2024 by Saurenergy FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […] Read more