JSW Neo, Powerica, And Torrent Power Emerge Winners In SECI’s 1.35 GW Wind Tender Updated On Wed, Jul 24th, 2024 by Saurenergy SECI has now announced the winners of the 1350 MW ISTS-connected Wind Power Projects in Gujarat under Tranche XVI. The tender was released on 30th November 2023 and the results have come after almost eight months. The projects cover wind projects in the states of Gujarat and Karnataka, and Rajasthan. For projects in Gujarat, JSW […] Read more
India Needs 100 GW Storage To Avoid Energy Shortages: Report Updated On Wed, Jul 24th, 2024 by Saurenergy In a report that goes against the actions of the Indian government (more thermal, faster deployment of PSP), Berkeley has made a case for solar and battery storage to solve the country’s power demand issue. Solar plus storage can not only help to avoid power shortages in India but also help to prevent a solar […] Read more
GIB Row: MERC Allows Compensation To Azure Power Subsidiary Updated On Wed, Jul 24th, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest order ordered compensation to a subsidiary of Azure Power in the light of judgement of the Supreme Court on the issue of Great Indian Bustards (GIB). This comes after the Azure Power Thirty Four Private Limited (APTFPL) moved the State Commission, seeking compensation. The petitioner had […] Read more
Rays Power Announces Closure Of Rs 127cr Fund Raise Updated On Wed, Jul 24th, 2024 by Saurenergy Rays Power Infra, a solar EPC and turnkey solution provider company today announced the successful closure of a fundraise of Rs 127 crores as equity capital. The company is also gearing up to file its IPO Draft Red Herring Prospectus (DRHP) in the last quarter of the year, setting the stage for further fundraising to […] Read more
BrightNight Australia Links Mortlake Energy Hub To National Grid Updated On Wed, Jul 24th, 2024 by Saurenergy Australian Energy Market Operator (AEMO) recently approved the connection of BrightNight’s 360 Mega Watt (MW) Mortlake Energy Hub (a hybrid renewable energy project) to the National Electricity Market, to support Australia’s decarbonization efforts. Australia wants to go net-zero by 2050 and has plans to ensure 82% electricity capacities in their grid from renewable sources by […] Read more
Green Stocks July 23: Post Budget Announcement On Solar Glass, Borosil’s Stock Price Surges Updated On Tue, Jul 23rd, 2024 by Saurenergy On the day when the Union Budget talked about imposing Customs Duty against the imports of solar glass, the stock prices of Indian solar glass maker Borosil Renewable surged to 8.22 percent high. This was the long pending demand of the Indian solar glass makers like Borosil. This is followed by positive growths of companies […] Read more
News In Brief July 23: Coal India Gets Graphite Block, PowerCo & QuantumScape, JA Solar And Solarpro Updated On Tue, Jul 23rd, 2024 by Saurenergy Coal India Secures First Graphite Block In Green Energy Push Coal India Limited (CIL) secured its first critical mineral asset, a graphite block, in Madhya Pradesh. Acquiring a graphite asset position, Coal India emerged as the preferred bidder for the Khattali Chotti graphite block located in Alirajpur district, Madhya Pradesh. The state-owned, Coal India Limited […] Read more
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
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
