O2 Power Backed Firm Wins CERC Relief For 350 MW Solar Project Updated On Thu, Jan 30th, 2025 by Saurenergy Beempow Energy Private Limited, a solar developer firm backed by O2 Power, has won a significant suit for relief at the Central Electricity Regulatory Commission (CERC). The relief, linked to its 350 MW solar project at Agar Solar Park in Madhya Pradesh, where Rewa Ultra Mega Solar Limited (RUMSL) is the designated project developer. RUMSL […] Read more
News In Brief: TotalEnergies 75MW Deal, ENGIE’s Saudi Plans, KPI Green In 300 MW Solar Deal Updated On Thu, Jan 30th, 2025 by Saurenergy TotalEnergies and STMicroelectronics In 75 MW Green Energy Deal French energy major TotalEnergies and STMicroelectronics have signed a Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics sites in France. This 15-year contract, started in January 2025, represents an overall volume of 1.5 TWh of power supply.TotalEnergies will provide STMicroelectronics, an integrated device manufacturer, […] Read more
Apraava Energy Commissions 250.7 MW Wind Energy Project In Gujarat Updated On Thu, Jan 30th, 2025 by Saurenergy Mumbai-based integrated energy solutions provider, Apraava Energy, has commissioned a 250.7 MW wind power project (comprising 120 no. of 2.1MW rated Suzlon WTGs). The project is located at Sidhpur in Devbhoomi Dwaraka district, Gujarat. The project was awarded to Apraava Energy as part of the Tranche VIII wind tender sponsored by Solar Energy Corporation of […] Read more
Q3 FY25: JSW Energy EBITDA Decline 9% YoY To Rs. 1,115 Cr. Updated On Thu, Jan 30th, 2025 by Saurenergy Mumbai-based JSW Energy (JSW Energy), in its quarterly results (Q3 FY25) ended December 31, 2024, reported a decline in its EBITDA by 9% YoY to ₹1,115 Cr. The company attributed this decline primarily to lower short-term spreads, despite higher overall generation. Meanwhile, its Profit After Tax (PAT) and Cash PAT stood at ₹168 Cr and […] Read more
Jakson Green & Blueleaf Energy Tie-Up For 1 GW Solar Portfolio Updated On Thu, Jan 30th, 2025 by Saurenergy Jakson Green (JGPL), a leading new energy transition platform, and Blueleaf Energy (Blueleaf), a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, have announced their strategic partnership with a 1-gigawatt (GW) solar portfolio in Rajasthan, representing an investment of USD 400 million. The partnership will focus on jointly developing and building […] Read more
NHPC REL Issues 24.22 MW Rooftop Solar Tender For Ministries Updated On Wed, Jan 29th, 2025 by Saurenergy NHPC, on behalf of its renewable energy arm NHPC Renewable Energy Limited (NHPC REL), issued a tender to develop a rooftop solar project across various Central Ministries. It’s accepting bids till March 3, 2025. The NHPC REL tender, in its brief scope of work, mentioned: “The solar Photovoltaic (PV) installation at various locations on government […] Read more
As India Goes Past 100 GW Solar Milestone, No Time To Rest Updated On Wed, Jan 29th, 2025 by Saurenergy If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […] Read more
Q3 FY25: ACME Solar’s PAT Up By 152% YoY, PAT Margin At 28% Updated On Wed, Jan 29th, 2025 by Saurenergy ACME Solar Holdings, in its Q3 FY25 financial results, reported a 152% year-over-year (YoY) increase in Profit After Tax (PAT). It also reported a 632.5% jump in its net profit on a Quarter-On-Quarter (QoQ) basis. The PAT margin reached 28%, while the net debt-to-equity ratio stood at 1.6x. The company’s total revenue increased by 9.9% […] Read more
SECI Invites Bids For Solar Projects At Five Locations In RESCO Mode Updated On Tue, Jan 28th, 2025 by Saurenergy SECI recently released a tender to select solar power developers to build 1750 kW Grid-Connected Rooftop Solar PV Projects under RESCO mode. It has sought bids up till 28th February 2025. The project would be located across five locations, Meghalaya, Chandigarh, Bhilai, New Delhi, and Guwahati. The tender mentioned the location and the project below: […] Read more
