Grew, Jakson, Saatvik & Jupiter Get Nod For Solar Cell Plants In Odisha Updated On Sun, Dec 1st, 2024 by Saurenergy The Odisha government has approved significant investment plans from leading solar companies, solidifying its position as a rising hub for solar cell manufacturing in India after Gujarat. This comes after several solar companies have already shown their interest to invest in the state for solar cell manufacturing. At a recent High-Level Clearance Authority (HLCA) meeting, […] Read more
Green Stocks Nov 29: Adani Green Stock Sees 20% Jump Updated On Fri, Nov 29th, 2024 by Saurenergy After days of slow revival, the stocks of Adani Green today rose by 20 percent, giving a sigh of relief to the investors. The day also witnessed a +9.14% increase in the stock prices of Hyderabad-based solar module manufacturer-Premier Energies. Following the suit was KP Green which saw a jump in its stock price by […] Read more
News In Brief Nov 29: Masdar Closes Deal, ADB & Gulf Sign $820 Mn Deal, UK Initiates RE Project In Philippines Updated On Fri, Nov 29th, 2024 by Saurenergy Masdar Closes Deal to Acquire TERNA Energy To Supercharge Growth In Greece And Eastern Europe UAE-based Abu Dhabi Future Energy Company PJSC – Masdar recently completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders and received all regulatory approvals. The deal, agreed […] Read more
RE Supply Shift Poised To Favor North And South India Over West By 2032: SBI Caps Report Updated On Fri, Nov 29th, 2024 by Saurenergy India added 30 GW to its installed base (net basis) in the past 12 months, of which 75% was renewables, according to the latest data released in the SBI Caps report. Renewable energy has made notable progress recently, driven by fresh wind additions and a surge in energy storage system (ESS) tenders, as noted in […] Read more
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
Green Stocks Nov 27: NTPC Green Lists, Stock Rises 8.74% Over Issue Price Updated On Wed, Nov 27th, 2024 by Saurenergy Days after the launch of its Initial Public Offering (IPO), NTPC Green Energy today entered into the Indian stock exchange. While it opened at a price of Rs 111.5 per share, its price shot up to Rs 121.25. At the same time, the stock price of Adani Green, which was witnessing a plunge in its […] Read more
5 PPA Models Shaping Renewable Energy Procurement in US & Europe Updated On Wed, Nov 27th, 2024 by Saurenergy As renewable energy becomes a larger part of power grids across the globe, challenges like negative prices and reduced value for standalone profiles, particularly solar, are emerging, particularly in developed power markets. Market participants generally agree that the risk of negative prices will likely get worse before it improves. Innovative Power Purchase Agreements, or PPA […] Read more
Green Stocks Nov 26: Weak Market, Weaker Green Stocks Performance Updated On Tue, Nov 26th, 2024 by Saurenergy As the market struggled to find a decisive direction today, our green pack had problems of its own. The biggest green developer, Adani Green Energy continued it’s slide into new depths, cracking past Rs 900 after news that JV partner Total Energies would be pausing further investments till clarity emerges on the US indictments. The […] Read more