Q1 Results: ReNew Sees 86% Decline In Net Profits Updated On Fri, Aug 16th, 2024 by Saurenergy Renewable energy company ReNew today announced the financial results (unaudited) of first quarter of financial year 2024-25. The NASDAQ-listed company said that it has seen a surge in its operating capacity by around 24 percent Year on year. ReNew’s clean energy contracted portfolio was ~15.6 GW as of Aug 15, 2024. The company said that […] Read more
PM KUSUM: PEDA Issues Bid For Solarizing 75,000 Agricultural Pumps Updated On Fri, Aug 16th, 2024 by Saurenergy The Punjab Renewable Energy Development Agency (PEDA) has issued a tender seeking parties who can install and operate grid-connected solar pumps. Through this tender, the state nodal agency has planned to solarise 75,000 grid connected agricultural pumps through RESCO mode. These bidders will be selected through a tariff-based competitive bidding process through e-reverse auction through […] Read more
Delhi’s Grid Flexibility To Cut Peak Demand By 4 GW: RMI Updated On Wed, Aug 14th, 2024 by Saurenergy RMI’s recent report highlighted changes in Delhi’s power grid system, which has utilized grid flexibility technologies to manage and mitigate increasing demand peaks in the city. RMI estimates suggest that by 2030, Delhi could reduce 250–1,350 megawatts (MW) of peak demand through air conditioning (AC) demand response (DR) programs. It is estimated that grid flexibility […] Read more
Green Stocks August 14: SJVN Stock Price Rises 3.83% Updated On Wed, Aug 14th, 2024 by Saurenergy In today’s stock market, after a long gap, SJVN stocks rose by 3.83%, followed by Shakti Pumps with a 0.19% increase. However, Suzlon Energy saw a decline, with its stock dropping 4.96%. Other companies experiencing stock price drops today include JSW Energy, whose price fell by 3.92%, and Waaree Renewable Technologies, which saw a drop […] Read more
Sungrow Delivers First BESS PowerTitan 2.0 Units in Europe Updated On Wed, Aug 14th, 2024 by Saurenergy Global energy storage solutions company Sungrow announced the first delivery of the cutting-edge Battery Energy Storage System (BESS), the PowerTitan 2.0 units in Europe. A total of 66 units have arrived in the UK, marking a new beginning in the Bramley 100MW / 330MWh project by Penso Power and BW ESS. The delivery comes less […] Read more
India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL Updated On Wed, Aug 14th, 2024 by Saurenergy CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […] Read more
Change In FDRE Bidding Norms Can Aid RE Growth: EMBER Updated On Wed, Aug 14th, 2024 by Saurenergy EMBER recently released a policy paper highlighting the importance of changing the approach to bidding in the FDRE tenders to increase renewable energy (RE) capacity growth in India. It also stated that it’s unfair to make developers responsible for handling the unpredictable nature of renewable energy in contracts and that this should be rethought. EMBER […] Read more
Waaree Energies Secures 90 MW Contract From Juniper Green Updated On Tue, Aug 13th, 2024 by Saurenergy Indian solar module manufacturers Waaree Energies has now secured a 90 MW order to supply of 540/545Wp dual glass bifacial modules to Juniper Green for their solar project in Bikaner, Rajasthan. Sunil Rathi, Director Sales, Waaree Energies said, “We are glad to have won this order of Juniper for this project represents a significant stride […] Read more
Vikram Solar Launches SURYAVA, Its First HJT Based Module Updated On Tue, Aug 13th, 2024 by Saurenergy Vikram Solar Limited, one of the leading Indian solar module manufacturer, has unveiled its latest innovation, the Brand SURYAVA high-performance bifacial module incorporating Heterojunction technology (HJT). Inspired by the Sanskrit word ‘Surya’, SURYAVA was officially launched at the company’s Advisory Board Meeting, graced by Chairman of the Advisory Board Dr. Alok Srivastava (Retd. IAS), Independent […] Read more
