Borosil Renewables Reports Rs. 8.64 Cr Loss in Q3 FY25 Updated On Tue, Feb 18th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables recently announced its financial results for Q3 FY25. The company reported an EBITDA of Rs. 20.89 Cr, a significant decline from Rs. 52.88 Cr in the previous quarter. As a result of the lower EBITDA, Borosil posted a post-tax loss of Rs. 8.64 Cr in Q3 FY25, compared to […] Read more
Green Stocks Feb 17: Respite For Some Green Stocks Updated On Mon, Feb 17th, 2025 by Saurenergy With the market continuing to be pulled by opposite forces, the small-cap and mid-cap indices remained broadly weak, especially all through the first half of the day. The second half did bring some respite as buyers emerged, and to no one’s surprise, some of the beaten-down green stocks recovered some lost ground. The recovery was […] Read more
NTPC REL Issues Tender To Build 110 MW Wind Project in Khavda Updated On Mon, Feb 17th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), has issued a tender to install Wind Turbine Generators for a 110 MW Inter-State Transmission System (ISTS-Connected) wind energy project. NTPC’s renewable energy arm is set to develop this project at Khavda NTPC RE Park. It has sought bids for the project up till March 25th, 2025. NTPC REL […] Read more
Emerging Nations To Account For 85% Electricity Demand By 2027-IEA Updated On Mon, Feb 17th, 2025 by Saurenergy Global electricity demand rose by 4.3% in 2024 and is forecast to continue growing at close to 4% through 2027. Over the next three years, global electricity consumption is expected to rise by 3,500 TWh, according to a recent report by the International Energy Agency (IEA). Moreover, the study found most additional electricity demand through […] Read more
SECI Issues Tender To Build 500 MW Solar Project Updated On Fri, Feb 14th, 2025 by Saurenergy The Solar Energy Corporation of India (SECI) has released a 500 MW (Tranche-XIX) ISTS-connected solar tender. SECI has invited bids for the project until March 17, 2025, for soft copy submission and March 19, 2025, for hard copy submission. A plain vanilla solar tender has become a bit of a rarity in recent times, making […] Read more
China’s Renewable Sector Enters New Era with Market-Driven Pricing Updated On Wed, Feb 12th, 2025 by Saurenergy China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) recently issued a joint notice outlining measures to deepen the pricing reform for electricity generated from renewable sources. The reform focuses on three key areas: allowing market forces to determine renewable power prices, creating a pricing and settlement mechanism that supports long-term […] Read more
MoP Sets New Bidding Guidelines for Pumped Storage Projects Updated On Wed, Feb 12th, 2025 by Saurenergy The Ministry of Power (MoP) has introduced a new set of rules to promote the development of Pumped Storage Plants (PSPs). The government’s latest norms aim to provide a standardized procurement framework based on open competitive bidding. They also establish clear risk-sharing mechanisms among various stakeholders. The government’s latest notification applies to developers and procurers […] Read more
Global Renewables Cost Expected To Fall By 2-11%: BloombergNEF Updated On Fri, Feb 7th, 2025 by Saurenergy A latest report by BloombergNEF (BNEF) said that the global cost of clean power technologies such as wind, solar, and battery technologies is expected to fall further by 2-11% in 2025, breaking last year’s record. According to the report, new wind and solar farms are already undercutting new coal and gas plants in production costs […] Read more
US New Orders Can Drop EV Adoption To 23%: Wood Mackenzie Updated On Mon, Feb 3rd, 2025 by Saurenergy United States (US) recent executive orders could have profound implications on electric vehicles (EV), slowing down the pace of adoption, according to a recent report from Wood Mackenzie. According to its report, “Trump’s executive orders unsettle electric vehicle and battery markets” policy changes have impacted the EV, battery, and raw material markets in the US […] Read more
