Inox Wind To Scale Up Executions With A New ‘Net Cash Positive’ Tag Updated On Tue, Aug 20th, 2024 by Saurenergy Bolstered by a recent infusion of Rs 900 crores from its parent company, Inox Wind Energy Limited (IWEL), Inox Wind, an Indian wind energy company, is now poised to accelerate its execution pace. The company’s top management recently discussed the increase in its order book. In the latest investors’ call, Devansh Jain, Executive Director of […] Read more
NVVNL Floats Tender For RTS Project At Delhi Gov Buildings Updated On Mon, Aug 19th, 2024 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NVVNL), a subsidiary of NTPC, has issued a tender for the development of a 25.651 MW grid-connected rooftop solar power project. This project is to be implemented on the rooftops of buildings owned by the Delhi Police and other government entities in nearby districts. The deadline for bid submission is […] Read more
Finances Critical To EV Deployment In India: Vaibhav Singh (CSI) Updated On Mon, Aug 19th, 2024 by Saurenergy CSI recently launched its India operations. What are the key areas of focus for CSI in India? We majorly focus on transport, power, and industries—particularly those that are hard to abate. As a research organization, CSI focuses on solution reports, such as financial models that could be adopted by entities like the World Bank. We […] Read more
Q1 Results: ReNew Sees 86% Decline In Net Profits Updated On Fri, Aug 16th, 2024 by Saurenergy Renewable energy company ReNew today announced the financial results (unaudited) of first quarter of financial year 2024-25. The NASDAQ-listed company said that it has seen a surge in its operating capacity by around 24 percent Year on year. ReNew’s clean energy contracted portfolio was ~15.6 GW as of Aug 15, 2024. The company said that […] Read more
Delhi’s Grid Flexibility To Cut Peak Demand By 4 GW: RMI Updated On Wed, Aug 14th, 2024 by Saurenergy RMI’s recent report highlighted changes in Delhi’s power grid system, which has utilized grid flexibility technologies to manage and mitigate increasing demand peaks in the city. RMI estimates suggest that by 2030, Delhi could reduce 250–1,350 megawatts (MW) of peak demand through air conditioning (AC) demand response (DR) programs. It is estimated that grid flexibility […] Read more
India May Add 30 GW Of Renewable Capacities In 2024-25 Updated On Wed, Aug 14th, 2024 by Saurenergy India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […] Read more
India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL Updated On Wed, Aug 14th, 2024 by Saurenergy CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […] Read more
Change In FDRE Bidding Norms Can Aid RE Growth: EMBER Updated On Wed, Aug 14th, 2024 by Saurenergy EMBER recently released a policy paper highlighting the importance of changing the approach to bidding in the FDRE tenders to increase renewable energy (RE) capacity growth in India. It also stated that it’s unfair to make developers responsible for handling the unpredictable nature of renewable energy in contracts and that this should be rethought. EMBER […] Read more
Green Stocks August 13: Inox Wind Blows Away From the Pack With a 10% Jump Updated On Tue, Aug 13th, 2024 by Saurenergy On a day when the market dived, three green stocks stood out, namely, Adani Green Energy, Suzlon, and Inox Green, which was up a full 10%. Inox Wind in fact, is up 21% in the past month, while Suzlon is also up an even more impressive 47%. All the other stocks dropped, with Waaree and […] Read more
