Green Stocks 31st May: SJVN Emerges As A Frontrunner With Its Stock Prices Climbing By 5.54% Updated On Fri, May 31st, 2024 by Saurenergy India’s stock markets finally ended a 5 day losing streak to end up in the green, and that was as good a signal as any for our green energy pack to race away. Out of 12 stocks, just two, Borosil Renewables and Gensol were in the red, as every one of the remaining 10 stocks […] Read more
Green Financing A Boon For Clean Transmission Projects: Sharib Razi Updated On Fri, May 31st, 2024 by Saurenergy What are the challenges faced by the grid, when it comes to a higher share of renewable energy? Razi: There are two major challenges with increasing share of renewables in the grid. Firstly, due to the intermittent nature of renewable energy, the peak generation of solar or wind does not coincide with the peak load […] Read more
News Brief May 31 – Domuneo, Amazon Solar, ACCIONA Energía, Sineng Electric Updated On Fri, May 31st, 2024 by Saurenergy France’s Domuneo Launches Domusolar Brand In Photovoltaic Panel Offerings The debut of its own line of photovoltaic panels employing heterojunction technology has been announced by Domuneo in France. Domuneo’s continued dedication to quality and excellence in the field of renewable energy is reflected in this calculated step. For the past two years, Domuneo has been […] Read more
UPERC Amends Rules To Expedite Rooftop Solar Installations Updated On Fri, May 31st, 2024 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has now amended its existing rooftop solar rules of 2019 to pave the way for faster installations of rooftop solar systems. As per the revised rules, the state commission has mandated the state discoms to complete the process of Technical Feasibility Reports (TFRs) within 15 days. The Commission […] Read more
Suzlon Secures 81.9 MW Order for 3 MW Series from Oyster Green Updated On Fri, May 31st, 2024 by Saurenergy Suzlon Group has announced a new order win for the development of an 81.9 MW wind energy project for Oyster Green Hybrid One Private Limited. Suzlon will install 26 Wind Turbine Generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at the client’s site in Agar, Madhya […] Read more
India’s Peak Power Demand Smashes 2023 Peak, Touches 250 GW Updated On Fri, May 31st, 2024 by Saurenergy The Indian power sector met a record maximum power demand of 250 GW on 30th May’24 whereas, the non-solar demand touched an all-time high of 234.3 GW on 29th May This spike in power demand reflects the combined impact of weather-related loads and growing industrial and residential power consumption in these areas. On 30th May, […] Read more
Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage Updated On Fri, May 31st, 2024 by Saurenergy In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […] Read more
Solex Registers 126% YoY Growth In Revenue From Ops In Fy23-24 Updated On Thu, May 30th, 2024 by Saurenergy Maintaining the trend of strong financial results from Module manufacturers, Surat, Gujarat-based Solex Energy financial results for FY 2023-24 make for impressive reading. The company achieved a revenue of Rs. 3,659.2 million, from its operations. This increased from Rs. 1,617.1 million in FY 2022-23 with a 126% year-over-year growth. The company’s EBITDA improved to Rs. […] Read more
Expediting Clean Energy Transition Improves Living Standards: IEA Updated On Thu, May 30th, 2024 by Saurenergy Transitions to clean energy are affecting the cost of living the world over. According to a new report by the International Energy Agency (IEA), speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly The IEA report, Strategies for Affordable and […] Read more
