Green Stocks Nov 28: Adani Bounce Back Continues, NTPC Green Shines Updated On Thu, Nov 28th, 2024 by Saurenergy Following its strong recovery yesterday, Adani Green Energy continued its sharp recovery, rising 10% again today. Keeping it company was the newly listed NTPC Green, which rose almost 5% to 127 on the back of a project commissioning. Waaree Renewable Technologies powered up 5% after its announcement late last evening of a 2 GW project. […] Read more
Brazil Installed Solar Capacity Touches 50 GW In 2024 Updated On Thu, Nov 28th, 2024 by Saurenergy Brazil’s solar installed capacity recently reached 50 GW according to new data from the Brazilian Photovoltaic Solar Energy Association (ABSOLAR). Of the cumulative capacity, the country secured 33.5 GW from distributed generation and 16.5 GW from utility-scale projects, The country now sources more than 95% of the capacity released this year from renewable sources. With […] Read more
Gujarat, Maharashtra Top Beneficiaries Of PM-Surya Scheme Till Oct 24 Updated On Thu, Nov 28th, 2024 by Saurenergy The government this year approved the PM Surya Ghar: Muft Bijli Yojana to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. According to the latest parliamentary data, Gujarat saw the maximum growth in rooftop solar registrations, followed by Maharashtra and Uttar Pradesh. This growth contributes to the […] Read more
News In Brief Nov 27: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract Updated On Wed, Nov 27th, 2024 by Saurenergy Ecofy Partners With Swelect Energy To Increase Rooftop Solar Adoption Across South India Ecofy, India’s green-only NBFC backed by Eversource Capital and committed to financing India’s green transition has announced a partnership with Swelect Energy Systems Limited (formerly known as Numeric Power Systems Limited). This collaboration combines Ecofy’s digital lending expertise with SWELECT’s manufacturing and […] Read more
THDC Issues Tender To Develop DPR For Floating Solar In Eight States Updated On Tue, Nov 26th, 2024 by Saurenergy The Tehri Hydro Development Corporation Limited (THDC India) has now planned to boost floating solar projects. It has issued a tender seeking bids to prepare Detailed Project Reports (DPRs) in this regard. These projects will be located in eight states. These include-Uttarakhand, Uttar Pradesh, Chhattisgarh, Madhya Pradesh, Karnataka, Kerala, Rajasthan, and Maharashtra. The last date […] Read more
Waaree Energies Bags 600 MW Solar Module Order Updated On Tue, Nov 26th, 2024 by Saurenergy Waaree Energies, the module manufacturing arm of the Waaree Group today announced bagging a 600 MW solar module order. The company in its filing before the exchanges informed its investors about the new order. The delivery of these modules is scheduled to begin in FY 2025-26, the firm said. This contract involves the supply of […] Read more
Amid Adani Row, SECI Clarifies Its Stand On Its Role In RE Projects Updated On Tue, Nov 26th, 2024 by Saurenergy Amid ongoing controversy surrounding the renewable energy division of the Adani Group, the Solar Energy Corporation of India (SECI) has issued a statement. While not directly addressing the controversy, SECI highlighted its critical role in India’s renewable energy sector. To date, SECI has awarded approximately 70 GW of renewable energy tenders. The Renewable Energy Implementing […] Read more
RE Evacuation From Khavda To Nagpur Set To See A Fillip Updated On Tue, Nov 26th, 2024 by Saurenergy The evacuation of renewable energy from Khavda Renewable Energy Park is set to get a fillip. Power Grid Corporation of India Ltd (POWERGRID) has awarded a contract to develop a high voltage direct current (HVDC) link. This link will aid in the transmission of green from Khavda to Nagpur. This is set to be used […] Read more
Q2 Results: ACME Solar Reports Rs 15cr Profit In Q2 Updated On Mon, Nov 25th, 2024 by Saurenergy Renewable energy company ACME Solar today published its quarterly (Q2) and half-yearly (H1) results. The results revealed that the firm witnessed a dip in its revenues and profits in the quarter on a Year-on-Year (YoY) basis. However, on a Quarter-on-Quarter (QoQ) basis, the company reported an increase in its profit. The details filled in by […] Read more