Budget 2024: Govt Imposes New Customs Duty On Solar Glass Updated On Tue, Jul 23rd, 2024 by Saurenergy Union Finance Minister Nirmala Sitharaman today presented the Union Budget for 2024-25 before the Parliament. The minister talked about several steps taken by the government towards India’s sustainable energy transition besides rolling out some more plans of the government to boost the growth of the renewable energy industry in the sector. She also talked about […] Read more
Q1 Results: Suzlon Registers 199% Growth In Net Profits Updated On Tue, Jul 23rd, 2024 by Saurenergy Indian Wind Energy Company Suzlon Group today announced the financial results for its first quarter (Q1) for Financial Year 2024-25. In its filing before BSE, the company reported a consolidated 199 percent growth in its net profits on a Year-on-Year (YoY) basis. Compared to the last quarter, the Pune-based company reported a 19% growth in […] Read more
Energy and Sustainability Lead Updated On Tue, Jul 23rd, 2024 by Saurenergy Develop energy management & sustainability strategy for clients’ real estate portfolios, then implement programs to achieve savings goals and targets by specified timelines. Manage energy benchmarking and assessment using client selected analytics software as well as internal software platforms; analyse energy & water consumption metrics to identify opportunities and create control plans to sustain energy […] Read more
Will Europe Give In To Rising Dominance of China in Global Wind Energy? Updated On Tue, Jul 23rd, 2024 by Saurenergy Wind energy is arguably the second most impactful industry in the global renewable world, after solar. The sector continued its impressive growth in 2023, setting a new record for global new wind turbine installations, 34 per cent higher than in 2022. The world installed added over 116 Gigawatt (GW) of new wind capacity during the […] Read more
Gujarat: Gensol Bags Rs 600cr Order From PGVCL For PV Project Updated On Tue, Jul 23rd, 2024 by Saurenergy Gensol Engineering won the bid for 116 MW (150 MWp) of solar projects in Gujarat with an estimated revenue of around Rs 600 crore. These projects will be distributed across 27 diverse locations, all under the purview of Paschim Gujarat Vij Company Ltd.(PGVCL), the state electricity distribution company. Gensol Engineering is a Gujarat-based solar power […] Read more
Green Stocks July 22: After Rise In Q1 Profits, Shakti Pumps Stock Price Grows 5% Updated On Mon, Jul 22nd, 2024 by Saurenergy A day ahead of the Union 2024 Budget, the green energy company witnessed gains in the stock market, with Shakti Pumps taking the lead with 5% gains, followed by Inox Wind Energy, SJVN, and Sterling and Wilson Renewable those stock prices grew by 3.72%, 2.24% and 2.78% respectively. This comes days after Shakti Pumps reported […] Read more
Indian RE Sector Can Attract Rs 30L-crore Investment Between 2024-2030: Report Updated On Mon, Jul 22nd, 2024 by Saurenergy Power transmission in India is emerging as one of the largest unified electricity grids in the world, states the Economic Survey 2023-24. The Indian transmission system has expanded to 4,85,544 circuit kilometers of transmission lines and 12,51,080 mega volt amp (MVA) of transformation capacity, until 31 March 2024, stated the survey notes. The survey was […] Read more
BluPine Energy Secures Financial Closure For Gujarat Solar Project Updated On Mon, Jul 22nd, 2024 by Saurenergy BluPine Energy, a renewable energy services company established in India by global infrastructure investor Actis has announced the successful financial closure for its 120 MW Solar Project in Panshina and Radhanpur village of Gujarat under Gujarat Urja Vikas Nigam Limited (GUVNL). It was achieved through securing debt financing from State Bank of India (SBI). The […] Read more
Jakson Green Secures Rs 2.96bn Credit Facility From First Abu Dhabi Bank Updated On Mon, Jul 22nd, 2024 by Saurenergy Jakson Green Private Limited, a new energy transition platform, has secured a credit facility of Rs 2.96 billion from First Abu Dhabi Bank (Mumbai). The company said that this financing will fuel the company’s international expansion, with Uzbekistan serving as the first beneficiary for its upcoming solar photovoltaic (PV) and battery storage project. “As Jakson […] Read more
