FY24: India’s Annual Solar Power Generation Increased By 14%: CEA Updated On Fri, May 3rd, 2024 by Saurenergy The Central Electricity Authority (CEA) has now released its annual renewable energy generation report for 2023-24. The report revealed that despite the historic rise of renewable energy in India during FY24, thermal energy sources continued to take the lead in India’s total energy generation. However, the good news is that India’s annual solar power generation increased by […] Read more
Gujarat Construction Firm Acquires 65-Acre Land For Hybrid Power Project Updated On Fri, May 3rd, 2024 by Saurenergy Residential construction company Gujarat Toolroom Limited has announced the acquisition of 65 acres of land on a long-term lease in Gujarat for the establishment of a Hybrid Power Plant. In a regulatory filing, Gujarat Toolroom stated that it has procured a parcel of land spanning 65 acres in Gujarat, earmarked for the construction of a […] Read more
AGEL Arm Wins Compensation Claim From CERC For Rajasthan Wind Solar Hybrid Project Updated On Fri, May 3rd, 2024 by Saurenergy In a petition brought forward as the developer of a 450 MW ISTS connected Wind-Solar Hybrid power project, entered between Adani Solar Energy Jaisalmer One Private Limited (formerly known as SBE Renewables Ten Projects Private Limited) and Solar Energy Corporation of India Limited seeking Change in Law compensation along with Carrying Cost, the CERC had […] Read more
Microsoft Inks Largest Ever Corporate Deal For 10.5 GW With Brookfield Updated On Fri, May 3rd, 2024 by Saurenergy Brookfield Renewable and Microsoft have entered into an energy framework agreement for 10.5GW of renewable capacity. The deal is meant to power upcoming data centres owned by Microsoft, as it doubles down to build stronger AI capabilities that will need much more energy at data centres to deliver. It is estimated that Microsoft would be […] Read more
A Record Breaking 2024 Awaits First Solar, As It Starts Q1 With Production Record Updated On Fri, May 3rd, 2024 by Saurenergy US Based First Solar, the world’s largest Cadmium telluride (CdTe) thin-film module manufacturer has just announced its forst quarter results. The firm, which became the first foreign form to be a part of the approved list of module manufacturers (ALMM) of the Ministry of New and Renewable Energy in India (MNRE) produced 3.6GW of modules […] Read more
Power Market Update- REC Market Records All-Time Low Price In April Updated On Thu, May 2nd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange achieved 9,044 MU overall volume, in April’24, marking a 14.1% year-over-year increase. The renewable energy certificates (REC) at 618 MU, increased 211% YoY. At Rs. 204 per certificate, the REC market recorded an all-time low price in the trading session held on 24th April 2024. The REC […] Read more
Green Stocks Prepare For the Next Run As Results Season Looms Updated On Thu, May 2nd, 2024 by Saurenergy On a day when the market seemed to be in a mood to consolidate, our green energy stock pack moved in a different direction. So while Waaree Renewable Technologies, after a three-day reversal, was back testing the upper circuit, it joined Shakti Pumps, which seemingly has unsatiable demand for its stock right now. KPI Green […] Read more
Senior Specialist – Marketing Updated On Thu, May 2nd, 2024 by Saurenergy Wood Mackenzie has an exciting opportunity for a Senior Creative Artworker to join a fast-paced, global Marketing team to drive change and innovation. We see graphic design as visual storytelling that informs and inspires. We’re looking for a talented individual who can translate our new brand identity into our marketing activity while making every touchpoint […] Read more
News In Brief On May 2 – Sunsource, GCLSI, Solar Consortium, South Africa Solar Updated On Thu, May 2nd, 2024 by Saurenergy SunSource Energy commissions a Solar Power Project for CtrlS, Asia’s Largest Rated 4 Hyperscale Data Center Operator SunSource Energy, a leading distributed solar energy company has commissioned a Solar power project for CtrlS, Asia’s largest rated 4 hyperscale Data Centre operator. Under the terms of the agreement, the Noida Data Center of CtrlS is receiving […] Read more