Green Stocks Sep 25: Stocks Buck Market Trend, KPI Green Sole Outlier With 5% Jump Updated On Wed, Sep 25th, 2024 by Saurenergy On a day when the broader markets seemed to struggle to stay in green territory, our Green energy stocks seemed exhausted from the hot run in the recent past. Thus, Waaree RTL, after almost 6 days of relentless rise, corrected a full 3% and more. SWREL, Adani Green also gave up some gains today. Tata […] Read more
MERC Declines To Give Relief To EESL Over ‘Change of Law’ Claim Updated On Wed, Sep 25th, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest order declined any relief to the Energy Efficiency Services Ltd (EESL). The case was related to the petition of the government entity, seeking compensation of Rs 27 crore. EESL sought this amount due to the rise of taxations on solar equipment during the developmental phase of […] Read more
81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA Updated On Wed, Sep 25th, 2024 by Saurenergy Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […] Read more
Himachal Pradesh To Invest In Pumped Storage projects Updated On Wed, Sep 25th, 2024 by Saurenergy Himachal Pradesh Chief Minister, Thakur Sukhvinder Singh Sukhu said the State has decided to enter the sector of Pumped Storage Projects (PSPs). He said that PSPs are considered one of the most dependable mechanisms towards a balanced supply of power from renewable sources like solar and wind energy. Himachal has been the leader in mini-hydel […] Read more
SWREL Gets New Orders Of Rs. 512 Cr From Gujarat, Maharashtra Updated On Tue, Sep 24th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable EPC received two new domestic orders from Private (IPPs) valued at Rs. 512 crore. It received this order from Gujarat and Maharashtra. It received an order for Engineering, Procurement, and Construction of a 200 MW AC / 250 MWp DC PV plant for a PV […] Read more
Green Stocks Sep 23: Waaree, KPI Green Shine In Stock Market Updated On Mon, Sep 23rd, 2024 by Saurenergy After the Sensex and Nifty recorded a minor hike today, some green energy firms also seemed to maximise on the benefits. However, for some it still proved to be a challenging day. The Indian green company which witnessed the highest growth in its stock price was the solar company-Waaree Renewable, the EPC arm of the […] Read more
Kerala Plans To Use BESS At Trivandrum Hospital On Pilot Basis Updated On Mon, Sep 23rd, 2024 by Saurenergy The Kerala government has decided to use solar power and battery energy storage systems in a pilot project. As per the plan, the Agency for New and Renewable Energy Research & Technology (ANERT) will execute the project in a Trivandrum Hospital. This pilot project will be executed under the Smart City Programme for Thiruvananthapuram. The […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
