Gensol Engineering Appoints Rajesh Jain As Independent Director Updated On Mon, May 13th, 2024 by Saurenergy Renewable energy and electric mobility company Gensol Engineering Limited has announced the appointment of Rajesh Jain as a new independent director on its board. According to the statement by Gensol Engineering Jain brings a wealth of experience, having recently retired from Walker Chandiok & Co LLP after over two decades, where he significantly contributed to […] Read more
EU’s Wind, Solar Generation Rose By 14%, Fossil Fell To 25% Updated On Mon, May 13th, 2024 by Saurenergy EMBER, a clean energy think tank recently reported a decline in EU fossil generation to below 25% in a month for the first time ever. The study reported a major milestone for EU in its electricity transition in April 2024. The electricity generation reportedly increased by 0.4% year-on-year over January-April 2023. Meanwhile, wind and solar […] Read more
Boralex To Commence 125 MW Oxford BESS In Canada Updated On Fri, May 10th, 2024 by Saurenergy Boralex Inc. has announced the selection of the Oxford Battery Energy Storage project totalling 125 MW of nameplate capacity. This project was selected by Ontario’s Independent Electricity Systems Operator (IESO) further to its Long-Term Request for Proposals (LT1 RFP). This project adds to Boralex’s existing battery energy storage project portfolio which includes the 300 MW […] Read more
Grew Energy To Set Up 3.2 GW Solar Module Manufacturing Facility In J&K Updated On Fri, May 10th, 2024 by Saurenergy Grew Energy Pvt Ltd – a flagship venture of the Chiripal Group – is all set to establish a three-stage fully backward integrated solar module manufacturing unit in Jammu & Kashmir. With a commitment to invest 4500 Cr, upon completion, this ultra-modern facility will have an annual capacity of producing 3.2GW high-efficiency solar modules and […] Read more
Green Stocks May 10: Stock Market Sees Revival Of Green Stocks Updated On Fri, May 10th, 2024 by Saurenergy After a fallout of the green stocks in the Indian stock market yesterday, there seems to be a revival today. Out of the 11 green stocks in India, eight of them reported a surge in their prices. The highest surge was reported in the stocks of JSW Energy which saw a jump of 7.35%. It […] Read more
China Dominates Wind Installations in 2023, As 120.7 GW Is Added Globally Updated On Fri, May 10th, 2024 by Saurenergy The latest report from Global Wind energy Council (GWEC) for 2024 found a total of 30 wind turbine manufacturers installed a record 120.7 GW of new capacity in 2023. In a year marked by continuing supply chain challenges and other issues, this was a huge achievement. Incidentally, 122 GW is the expected total wind capacity […] Read more
Top 5 States Spearheading Rooftop Solar in India Updated On Thu, May 9th, 2024 by Saurenergy India has made strides in new solar capacity addition in the last few years. However, a considerable gap exists between rooftop solar (RTS) and utility-scale solar installations. Despite existing national and state-level schemes promoting rooftop solar, including the National Rooftop Scheme and state government subsidies, participation rates remained low. This is mostly because of the […] Read more
IREDA Incorporates Subsidiary In GIFT City, Gujarat Updated On Thu, May 9th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. Named “IREDA Global Green Energy Finance IFSC Limited,” the subsidiary was officially incorporated on 7th May 2024, after receiving the No Objection letter from the Reserve Bank of India on […] Read more
No Upward Mobility Of Indian Green Stocks Today Updated On Thu, May 9th, 2024 by Saurenergy In the last one day, there seems to be a regressive day for the stocks of India’s leading green companies. Out of the 11 green companies in India, none of them saw a rise in their stock prices. In fact, one common scenario that came to the fore was a decline in the stock prices […] Read more
