Green Stocks Feb 5: Cautious Recovery Continues For Green Stocks Updated On Wed, Feb 5th, 2025 by Saurenergy On a day when the midcap and small-cap indices were strong, the green energy cap also made the most of the recovery in the air. While Shakti Pumps was back at the upper circuit limit, seeking a return to previous highs, Adani Green also staged a smart recovery to trade well over Rs 1000 again. […] Read more
MERC’s No To Wind-Solar-Thermal Bundling for OA Consumers In Maharashtra Updated On Wed, Feb 5th, 2025 by Saurenergy In an order that left some hope for a future rethink on the issue, the Maharashtra Electricity Regulatory Commission (MERC) has rejected a plea by the Captive Power Producers Association(CPPA) in the state to direct the key state discom/s to allow bundling of solar, wind and thermal power for use by captive consumers too. MSEDCL […] Read more
News In Brief Feb 5: BrightNight Gets PPA, Amazon Solar Deal, Eco Wave’s Pilot Project In India Updated On Wed, Feb 5th, 2025 by Saurenergy BrightNight, Cordelio Power Sign PPA To Supply Renewable Energy To Arizona BrightNight, a global renewable power producer, and Cordelio Power entered into a new power purchase agreement with Arizona Public Service (APS), an electricity provider in Arizona. Under the agreement, APS will purchase carbon-free energy from BrightNight and Cordelio’s Pioneer Clean Energy Center, a hybrid […] Read more
Ladakh: Solar-Hydrogen-Microgrid To Supply Power To Indian Army Updated On Wed, Feb 5th, 2025 by Saurenergy Indian power behemoth NTPC and the Indian Army have signed a Power Purchase Agreement (PPA) for the sale of 200 kW renewable energy-RTC (Round The Clock) power from a solar-hydrogen-based microgrid. This project in Chushul (Ladakh) will supply energy for the next 25 years. The agreement was signed by DMR Panda, CGM (NTPC-Hydrogen), and Aditya […] Read more
January Power Market- DAM Prices Drift Lower, Green Volumes Up 218% YoY Updated On Wed, Feb 5th, 2025 by Saurenergy Indian Energy Exchange, India’s premier electricity exchange, achieved monthly electricity traded volume of 10,910 MU in January’25, marking a 16% increase on year-on-year basis. IEX recorded highest ever monthly trade of RECs in January ’25. A total of 38.03 lakh Renewable Energy Certificates were traded during the month, marking a 150% year on year increase. […] Read more
Green Stocks Feb 4: Stocks Rebound Sharply Updated On Tue, Feb 4th, 2025 by Saurenergy As the broader markets heaved a sigh of relief by bouncing back sharply, our green pack had a tough time keeping up. Thus even as most shares rose, many could not quite match the exuberance of the broader markets. That points to a fatigue among investors for the green energy theme, and the focus on […] Read more
Bihar Plans To Build Solar Project On Private Pond, Issues Tender Updated On Tue, Feb 4th, 2025 by Saurenergy Bihar Renewable Energy Development Agency (BREDA) recently issued a tender to procure solar power from a 20 MW grid-connected solar project. The project is planned under the RESCO mode and will be located on a private pond in Bihar. The tender would open and end on 20th February 2025. It bidding for the tender would […] Read more
Indus To Acquire Stake in Amplus Tungabhadra’s Solar Plant Updated On Tue, Feb 4th, 2025 by Saurenergy In a pursuit of expanding its renewable energy portfolio, Gurugram-based Indus Towers has agreed to acquire a 26% equity stake in Amplus Tungabhadra Private Limited. Together, they will form a special purpose vehicle (SPV) to own and operate a Captive Power Plant (CPP). The company said in a regulatory filing, “Indus Towers is set to […] Read more
Lead Controls Engineer-PE Updated On Tue, Feb 4th, 2025 by Saurenergy You will be a part of a global and matrixed design team, working in new product introduction and existing product sustaining / support and project specific software development. This team is responsible for long-term development programs as well as short-cycle custom design tasks that leverage existing product platforms. This role requires, in addition to close […] Read more