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
Green Stock Nov 25: Mirroring Market, Most Stocks Mount Recovery Updated On Mon, Nov 25th, 2024 by Saurenergy Even as most green stocks mirrored the broader rebound seen in the Indian markets, Adani Green continued to struggle, slumping a further 6% today. The Green energy developer has been caught up in a US district court indictment, besides SEC charges of alleged wrongdoing in power contracts in India. The other stocks to have a […] Read more
News In Brief Nov 25: Sungrow Partners with Zenith Energy, HG Infra Secures BESS Contract, Ecoprogetti Delivers Solar Panels To SAEL Updated On Mon, Nov 25th, 2024 by Saurenergy Sungrow Partners with Zenith Energy to Power Australia’s Largest Off-Grid Hybrid Project Sungrow, a PV inverter and energy storage system provider, recently developed Australia’s off-grid hybrid renewable energy system in the Kathleen Valley Operation. Developed in collaboration with Zenith Energy and Liontown Resources, this initiative sets a new precedent for integrating renewable energy solutions in […] Read more
SaurEnergy Explains- The Solar Tender At the Centre of Adani’s US Controversy Updated On Mon, Nov 25th, 2024 by Saurenergy By now, a lot has been written about the charges brought at a US district court against key names in the Adani group, besides Azure power. While those charges will be contested no doubt by the firms as already announced, it is a good time to understand just what tender it was where allegations of […] Read more
