EV Sales In India Record 50% Rise, Two-Three Wheelers Dominate Sales Updated On Thu, Jan 18th, 2024 by Saurenergy As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered a significant growth in CY23 as compared to CY22. The […] Read more
Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins Updated On Thu, Jan 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per […] Read more
Telangana Gets A Good Deal At Davos, Set To Install 1,500 MW PSP Updated On Thu, Jan 18th, 2024 by Saurenergy A slew of announcements was made by leaders around the world on the issue of boosting renewables on the sidelines of World Economic Forum, held in Davos, Switzerland recently. At the World Economic Forum (WEF) some key beneficiaries included companies like JSW and Adani solar announced their investment plans. Adani signed an MoU with Telangana […] Read more
CIP, Ignitis Renewables Win Second Estonian Offshore Wind Tender Updated On Thu, Jan 18th, 2024 by Saurenergy Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, and Ignitis Renewables have won the auction-based competitive tender for the development of an offshore wind farm in the Liivi 1 seabed area in Estonia, having placed the highest bid of EUR 1.16 million Having previously won the Liivi 2 site in Estonia’s first offshore […] Read more
US Announces $104mn Investment Plan For New Net-Zero Facilities Updated On Thu, Jan 18th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced $104 million for energy conservation and clean energy projects at 31 Federal facilities. The latest step is part of President Biden’s strategy to re-establish the federal government as a sustainability leader. The funding announced by the President is part of the DOE’s Assisting Federal Facilities with Energy […] Read more
CERC Awards Compensation To Avaada For Increased GST Rates Updated On Wed, Jan 17th, 2024 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed compensation to Avaada Sustainable RJProject Pvt Ltd. (ASRPL) due to increased GST rates on solar equipment. The order was passed after the subsidiary of Avaada moved the Central Commission, citing an increase in its project cost due to an increase in the GST rates […] Read more
Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
GoodWe’s 2023 Journey: A Year of Innovation, Recognition, and Impact Updated On Mon, Jan 15th, 2024 by Saurenergy The year 2023 proved to be a particularly eventful for Inverter major GoodWe, marked by significant achievements, product expansions, and noteworthy projects that have propelled the firm ahead globally. New Products Redefining Standards In 2023, GoodWe showcased its commitment to advancing solar technology with the introduction of groundbreaking products. Expanding Utility Portfolio Capacity: The launch […] Read more
NHPC Seeks EoI For India’s First Off-Shore Wind Power Project Updated On Mon, Jan 15th, 2024 by Saurenergy The National Hydroelectric Power Corporation (NHPC Ltd) has issued an Expression of Interest (EoI) to attract global entities for the establishment of India’s inaugural offshore wind energy plant. This initiative aligns with NHPC’s broader strategy of achieving over 27 GW in renewable energy projects by 2030, supporting India’s climate objectives for the same year. The […] Read more
