Green Stocks Dec 23: Green Stocks Fail To Move With Market Recovery Updated On Mon, Dec 23rd, 2024 by Saurenergy A smart recovery in the market today was not enough to do the same to more in our green energy pack, as most stocks struggled to recover from losses last week. The exceptions, Sterling and Wilson Renewable, which was up 5.5% on the back of a big order win announcement, or Shakti Pumps, still finding […] Read more
India Needs Over A Million Additional Engineers by 2050 for RE Vision: IREDA Chief Updated On Mon, Dec 23rd, 2024 by Saurenergy Pradip Kumar Das, Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), addressed the Visionary Talk hosted by the 39th Indian Engineering Congress at Kolkata on 20th December 2024. In his address, CMD, IREDA spoke about the critical need for talent to drive the Renewable Energy sector both in India and […] Read more
SustVest Raises Rs 14 crores in Pre-Series A Round Updated On Mon, Dec 23rd, 2024 by Saurenergy Sustainable Investment Platform SustVest Raises $1.7 Million in Pre-Series A Round Led by Inflection Point Ventures and Antler SustVest claims to be India’s first regulated platform for sustainable investments, offering investments in renewable energy. It delivers 12-14% XIRR returns with monthly payouts while enabling C&I consumers to access zero-cost solar projects, reducing electricity costs by […] Read more
SJVN Green Invites Bids For 1.352 GW PM-KUSUM Comp-C Project In Maharashtra Updated On Mon, Dec 23rd, 2024 by Saurenergy As part of its efforts to increase the implementation of feeder-level solarization under Component-C of PM-KUSUM, SJVN subsidiary SJVN Green has now released a tender to install 1,352 MW capacity through solar power projects across 102 locations in four districts of Maharashtra. These districts are Pune, Nashik, Ahmednagar, and Solapur. SJVN Green is accepting bids […] Read more
MP Solar Developer Directed to Pay Up To CTUIL By APTEL Updated On Mon, Dec 23rd, 2024 by Saurenergy In an appeal taken all the way to APTEL by SEI Sunshine Power Pvt. Ltd. and its group companies against the Central Electricity Regulatory Commission (CERC), the apex regulator went with the latter in directing the firm to pay up as directed by CERC earlier. The amount involved is Rs 18.25 crores approx. Issue: The […] Read more
Green Stocks Dec 20: Amid Market Mayhem, Some Green Stocks Make a Point Updated On Fri, Dec 20th, 2024 by Saurenergy On a day when the market left few stocks unscathed in a broad slump, it was left to a few green stocks to hold out yet again, Starting with EPC firm KPI Green Energy, which rose 5%, to Premier Energies which somehow stayed in the green. However, the sharp drop in many others, notably SWREL […] Read more
Shriram Finance Consolidates Its Green Finance Business Updated On Fri, Dec 20th, 2024 by Saurenergy Shriram Finance Limited (Shriram Finance), the flagship company of the Shriram Group has announced consolidating all its green financing initiatives under Shriram Green Finance. These financing services will be dedicated to funding initiatives beyond electric vehicles. With this step, the firm has planned to diversify its funding portfolio. Shriram Green Finance consolidates the green finance […] Read more
ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge Updated On Fri, Dec 20th, 2024 by Saurenergy A latest report by CareEdge Ratings said that the imposition of an Approved List Of Models and Manufacturers (ALMM) for solar cells in India can push solar tariffs up by up to Rs 40 paise per unit to Rs 50p/unit. The Ministry of New and Renewable Energy (MNRE) has planned to bring in ALMM for […] Read more
Electricity Costs: India’s Lowest and Most Expensive States, The Global Picture Updated On Fri, Dec 20th, 2024 by Saurenergy A lot of factors influence the per unit electricity costs in a country. The prices are heavily influenced by factors that include the country’s geographical location, geological makeup, level of development and technological advancement, and whether it is a high-, middle-, or low-income nation. The rise of renewable power through the recent decades has also […] Read more
