JSW Energy Reports 80% Rise In Net Profits In Q1 Updated On Sun, Jul 21st, 2024 by Saurenergy JSW Energy has published its latest financial results for the first quarter of Financial Year 2024-25. The information submitted by the company before BSE revealed that the company has raised its net profit by around 80 percent on a Year-on-Year (YoY) basis. As per the details, the company reported a total Profit After Tax (PAT) […] Read more
Budget 2024: CareEdge Ratings Bats For More Support For Renewables Updated On Fri, Jul 19th, 2024 by Saurenergy CareEdge Ratings in its latest report on Budget expectations talked about the need to reduce the Goods and Services tax (GST) on renewable energy components upto 5 percent to boost the sector. This comes days before the announcement of the Union Budget by Finance Minister Nirmala Sitharaman. CareEdge in its report talked about the need […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
HYLENR Uses Cold Fusion Technology To Generate Clean Energy Updated On Thu, Jul 18th, 2024 by Saurenergy Hyderabad-based Startup HYLENR’s built cold fusion technology to generate clean energy. This innovation received a patent from the government of India for its low-energy nuclear reactor technology. HYLENR’s low-energy nuclear reactor can serve as an alternative for power generation, by amplifying input electricity to produce heat for Space Applications (MMRTG), Steam generation for multiple applications, […] Read more
Indian Wind Sector Prone To Cybersecurity Risks: NITI Aayog Report Updated On Thu, Jul 18th, 2024 by Saurenergy A recent report by NITI Aayog identified emerging concerns in cybersecurity for the Indian wind sector due to the import of components for the wind sector, particularly from China, by the Wind Turbine Original Equipment Manufacturers (OEMs). The report proposes a multi-pronged approach integrating policy interventions, manufacturing support, and robust cybersecurity measures. Given the increasing […] Read more
11% Of Indian Module Capacity With ALMM Is TOPCon Production Updated On Thu, Jul 18th, 2024 by Saurenergy The latest Approved List of Models and Manufacturers (ALMM) for solar module makers in India revealed that several enlisted companies have now added new TOPCOn technology production lines. This is in addition to the production lines for mono-PERC which has now dominated the Indian solar market and the phasing out of redundant polycrystalline technology. A […] Read more
ADB Approves Support for Rooftop Solar Systems in India Updated On Wed, Jul 17th, 2024 by Saurenergy The Asian Development Bank (ADB) has approved $240.5 million in loans to finance rooftop solar systems in India that will help the government expand energy access using renewable energy. The financing will support tranches 2 and 3 of the Multitranche Financing Facility (MFF) Solar Rooftop Investment Program approved by ADB in 2016. The program was restructured in […] Read more
Indian EV Sector Needs Rs 1,151cr To Flourish, Says Report Updated On Wed, Jul 17th, 2024 by Saurenergy Principal Scientific Adviser to the Government of India, Ajay Kumar Sood, released a report for building a comprehensive roadmap that outlines research projects in four crucial areas. These areas are energy storage cells, electric vehicles (EV) aggregates, materials and recycling, and charging and refueling. It provided pathways for India to achieve leadership and self-reliance in […] Read more
5 Key Points for India on the Road to 300 GW Solar by 2030 Updated On Tue, Jul 16th, 2024 by Saurenergy India missed its 2022 goal of achieving 100 GW of installed solar capacity. The fact that this target is still unmet highlights the need for significant efforts to overcome various challenges if the country is to realize its vast solar potential. This is even more important considering last year’s government resolution of adding 50 GW […] Read more
