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
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
Green Stocks May 29: Waaree, Suzlon Stock Prices Up Updated On Wed, May 29th, 2024 by Saurenergy In the last one day two renewable energy companies made its presence felt in the stock market. Indian solar module manufacturer Waaree Renewable Technology and country’s wind turbine maker Suzlon witnessed the highest surge in their stock prices. While Waaree reported a surge of 5% in their stock prices, Suzlon Energy reported a rise of […] Read more
Avaada Group Secures Rs 315 Cr Financing For Karnataka Solar Project Updated On Wed, May 29th, 2024 by Saurenergy The renewable energy arm of Avaada Group, Avaada Energy, has announced that it has closed the financing of about Rs 315 crore from Aseem Infrastructure Finance Limited (AIFL), an IFC (Infrastructure Finance Company), said the company statement. The company has secured financing for its solar PV power project being developed under a long-term captive Power […] Read more
Inox Wind Raises Rs 900cr Through Sale of Equity Shares Updated On Wed, May 29th, 2024 by Saurenergy INOXGFL Group, one of India’s leading conglomerates today announced the successful conclusion of equity share sale of Inox Wind Limited by its promoter Inox Wind Energy Limited, raising around Rs. 900 crores. The transaction was executed via block deals on the stock exchanges and witnessed participation by several marquee institutional investors. Subject to IWL’s Board […] Read more
Suzlon Secures 551.25 MW Order For Its 3 MW Series From Aditya Birla Updated On Wed, May 29th, 2024 by Saurenergy Indian wind energy company Suzlon Group today announced a new order win for the development of 551.25 MW wind power project for the Aditya Birla Group, a Global Indian Conglomerate. Suzlon will install 175 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at sites […] Read more
ALMM, RLMM Exemption for Green Hydrogen Announced Updated On Wed, May 29th, 2024 by Saurenergy In an announcement that was widely speculated about, the Ministry of New and Renewable Energy has issued an office memorandum dated May 27, that exempts solar plants , and wind energy from ALMM( Approved list of models and manufacturers) and RLMM ( Revised list of Models and manufacturers) requirements respectively if they are dedicated for […] Read more
Indowind Witness Rs 61.50 Lakh Profit In March 2023, Q4 Updated On Tue, May 28th, 2024 by Saurenergy Chennai-based wind energy company Indo Wind recently released its quarterly result report. Indowind Energy has wind farms, manages wind assets, and generates green power for sale to utilities and corporations. In its March quarter, Indo Wind reported a profit of Rs 61.50 lakh. whereas, last year, the company reported a loss of Rs 25 crore. […] Read more
Green Stocks React To Results, News Updated On Tue, May 28th, 2024 by Saurenergy Green energy stocks continue to react strongly to every bit of news. Thus, even as every EPC from Shakti Pumps to KPI to Sterling and Wilson Renewable fell, Waaree Renewable rose as management expressed strong optimism on the coming year. Solar glass maker Borosil Renewables stayed in losses, and the stock was duly marked down […] Read more
