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
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
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
5 Interesting Green Ventures That Have the US’s DOE Backing Them Updated On Thu, May 30th, 2024 by Saurenergy There’s a lot of promising green energy startups and concepts out there that end up getting shuttered because of a lack of funding. Whether the lack is because they failed to raise publicity or their ideas being too ahead for their time, there are a multitude of reasons as to why a perfectly good idea […] Read more
Havells India Plans To Ramp Up Captive Solar Capacity To 16 MW Updated On Thu, May 30th, 2024 by Saurenergy The electrical equipment manufacturer Havells India Ltd. has announced to build a 4.6 MW solar power plant at its Alwar facility in the upcoming fiscal year to increase its solar power capacity to about 16 MW, read a media statement by the company. By making this change, the company will be able to use renewable […] Read more
Jakson Green Secures Rs 600 Mn RE Funding From HSBC Updated On Wed, May 29th, 2024 by Saurenergy Jakson Green has secured a Sustainable Trade Facility of Rs. 600 million from HSBC India. This funding will support the company’s working capital requirements for its renewable energy business, both in India and internationally. Jakson Green, renowned for its pioneering work in the sector of Renewables, Green Hydrogen, and its derivatives, is actively expanding its […] Read more
