Power Demand Pushes Battery Makers Revenue By 10-11%: CRISIL Research Updated On Wed, Jun 19th, 2024 by Saurenergy CRISL Rating’s latest report anticipates the domestic lead-acid battery manufacturers’ revenue to grow 10-11% in fiscal 2025. The report found this to be a close mirroring ~12% which was seen last fiscal year. Moreover, growth is expected to be driven by steady demand in the mainstay automotive segment and tailwind from rising 5G penetration, expansion […] Read more
RMI Foresees Cleantech To Drive 10% Of Global GDP Growth Updated On Wed, Jun 19th, 2024 by Saurenergy The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […] Read more
NTPC REL Invites Bids For 1000 MW Wind Energy Project In Karnataka Updated On Wed, Jun 19th, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited bids for the balance of the system package of an Inter-State Transmission System (ISTS)-connected wind energy project with a capacity of 1000 MW in Davangere Region in Karnataka under (Tranche-IV). The NTPC-REL tender was mandated the bidders to take up the responsibility of detailed design, engineering, micro-siting, […] Read more
Despite Record Investments, World Off Track For 2030 RE Target: EY Updated On Wed, Jun 19th, 2024 by Saurenergy Global accounting firm Ernst & Young (EY) recently reported a decline in overall global energy investments, failing to keep the world on track for the 2030 renewables targets. EY report found that, despite last year’s surge of US$1.8 trillion in clean energy investment, including US$660 billion earmarked for renewables, investment remains below the COP28 target of […] Read more
Green Stocks June 18: Shakti Pumps Sees Highest Surge In Stock Price Updated On Tue, Jun 18th, 2024 by Saurenergy The green energy stock market today remained mostly stagnant with no major price fluctuations. However, Indore-based solar pump company Shakti Pumps remained the leader among all the green energy companies in terms of their stock prices. Shakti Pumps reported a 5 percent rise in its stock prices. The second highest surge in stock price was […] Read more
Waaree Energies Founder Hitesh Doshi Recognized as Global Solar Leader at SNEC 2024 Updated On Tue, Jun 18th, 2024 by Saurenergy Mr. Hitesh Doshi, whose name has been synonymous not only with the firm he founded, but also the Indian solar sector, has been awarded the Global Solar Leaders Award (2024) for his outstanding contributions to solar industrial progress worldwide at SNEC 2024. The PV SNEC is the World’s largest solar expo by a distance, held […] Read more
GB Solar Starts Work On Expanding Module Capacity to 2 GW Updated On Tue, Jun 18th, 2024 by Saurenergy Vadodara, Gujarat based PV manufacturer GB SOLAR TECHNOLOGIES PVT LTD ( formerly GreenBrilliance Renewable Energy LLP), is expanding its PV module production capacity to 2.0 GW. The capacity, located in Karjan, Vadodara, will start production within 6-8 months this year. A ground-breaking ceremony was held on 7th June, 2024 at the site in the village […] Read more
Emmvee Group Adds 795.4 MWp Topcon DCR Module Order for NTPC Khavda Project Updated On Tue, Jun 18th, 2024 by Saurenergy Fresh off its sterling performance in the Kiwa PVEL module scorecard, Emmvee Group has announced a landmark 795.4 MWp Topcon DCR Module Supply Order from NTPC Renewable Energy Limited. This agreement is part of NTPC’s ambitious 1255 MW Khavda Solar Project in Gujarat, marking a significant milestone in the renewable energy sector. The deal underscores […] Read more
HPRGE Issues Tender for 600MW Solar PV Projects Updated On Tue, Jun 18th, 2024 by Saurenergy A competitive bidding process for the development of 600 MW of solar PV projects in six Indian states—Gujarat, Maharashtra, Andhra Pradesh, Rajasthan, Karnataka, and Tamil Nadu—has been announced by HPGRE Renewable and Green Energy Limited (HPRGE). The Extra High Voltage (EHV) transmission system design, engineering, supply, construction, erection, and commissioning up to the Inter-State Transmission […] Read more
