Green Stocks August 5: Market Crash Singes Green Energy Stocks Too Updated On Mon, Aug 5th, 2024 by Saurenergy On a day when global markets were roiled by multiple issues ranging from the escalation of Middle East hostilities to the US-Japan carry trade, India’s markets too bent to the global winds. As the nifty dropped over 2.5%, green energy stocks, the market’s favorites during the sharp rise seen this year, suffered, with developers, EPC’s, […] Read more
Green Stocks August 2: Shakti Pumps, Suzlon And KPI Green Stand Out On A Tough Day For Stock Markets Updated On Fri, Aug 2nd, 2024 by Saurenergy As the market slipped over 1%, a number of green energy stocks survived the day with gains. If that doesn’t give you an indication of the outlook for this sector, then consider how Suzlon and Shakti Pumps both rose to hit almost the upper circuit of 5%. While Suzlon gained after a positive outlook for […] Read more
CEA Expedites PSP Approvals, Sets To Develop Two New Projects Updated On Fri, Aug 2nd, 2024 by Saurenergy To ensure the rapid commissioning of Hydro Pumped Storage Projects (PSP), the Central Electricity Authority (CEA) has granted concurrence to two projects: the 600 MW Upper Indravati project in Odisha, developed by OHPC Ltd (a Government of Odisha Undertaking), and the 2000 MW Sharavathy project in Karnataka, developed by KPCL (a Government of Karnataka Undertaking). […] Read more
Green Stocks Aug 1: Shakti Pumps, KPI Green See Highest Growths Updated On Thu, Aug 1st, 2024 by Saurenergy On a day when the market couldn’t quite make a decisive move in any direction save for the small cap and midcap indexes, our green stocks pack mirrored the same as well. So even as large developers Adani Green Energy and Tata Power gained, JSW Energy shed some points. Among the pack of solar EPC’s, […] Read more
UK Raises RE Auction Funds, Offshore Wind Gets Largest Gain Updated On Wed, Jul 31st, 2024 by Saurenergy The United Kingdon (UK) government recently allocated a budget of over 1.5 billion pounds to deliver homegrown clean energy projects and boost the UK’s energy security Energy Secretary unveils this large budget to deliver new homegrown clean energy projects in the UK. The budget seeks to boost energy security, secure cheap power for families, and […] Read more
SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit Updated On Fri, Jul 26th, 2024 by Saurenergy In a historic moment, the country has witnessed awarding of Firm and Dispatchable Renewable Energy (FRDE) contracts at tariffs as low as Rs 4.98 per unit. This came in response to a tender issued by the Solar Energy Corporation of India (SECI) for a 630 MW of FDRE power. The move is likely to boost […] 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
Adani Renewable Adds 250 MW Of New Wind Project At Khavda Updated On Wed, Jul 24th, 2024 by Saurenergy Adani Renewable Energy recently operationalized its new 250 MW of energy wind energy capacities at the Khavda Renewable Park in Gujarat, touted to be world’s largest renewable energy park. This comes after the Indian renewable company announced operationalizing 1 Gigawatt (GW) of solar capacities at Khavda. The firm has plans to add 30 GW of […] Read more
Budget 2024 Announcements On PSP, Thermal- Hit Or Miss? Updated On Wed, Jul 24th, 2024 by Saurenergy As the dust settles on the budget announcements, by all accounts the budget continues to lose relevance in terms of the sort of disruptive changes it could bring earlier. For the renewable sector, that means even as the loud clamor for a reduction of GST rate on equipment like turbines and modules from 12% to […] Read more
