Q4 Results: NTPC Reports 9% Jump In Revenues, 33% In Profits Updated On Mon, May 27th, 2024 by Saurenergy Indian power behemoth NTPC Limited has now come up with its financial results for Q4 and FY24. The latest audited consolidated financial results for Q4 revealed that the company’s total revenues increased by nine percent on a Year-on-Year (YoY) basis. The results indicated that while the company’s Q4 revenues stood at Rs 48,816.55 crore in […] Read more
PM Surya Ghar A Significant Opportunity For SolaX: Vipin Bhardwaj Updated On Mon, May 27th, 2024 by Saurenergy How do you see the business potential of Solax Power in India? Vipin Bhardwaj: India’s renewable energy sector is on a significant growth trajectory, driven by the government’s ambitious targets and increasing awareness about sustainability. The business potential for Solax Power in India is immense. With the country aiming to achieve 450 GW of renewable […] Read more
Oswal, Cosmic PV & Luminous Enter ALMM, India’s Capacity Touches 48 GW Updated On Sun, May 26th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now published its latest updated list of ALMM (Approved List of Models and Manufacturers), adding seven new entrants. With the addition of new domestic solar module manufacturing capacities, India’s total ALMM enlisted capacity has now touched 48 GW. This was an addition of around 5.4 GW […] Read more
Recurrent Energy Secures €1.3 Bn For European RE Projects Updated On Fri, May 24th, 2024 by Saurenergy Recurrent Energy, a subsidiary of Canadian Solar secured a multi-currency credit facility valued at up to €1.3 billion with ten banks for renewable energy projects in several European countries Recurrent Energy a developer and an owner of solar and energy storage assets secured the credit for the construction of renewable energy projects in several European countries. […] Read more
Senior Engineer – Grid Integration and Stability Updated On Fri, May 24th, 2024 by Saurenergy Consulting Services a part of GE Vernova, has offices in multiple countries and offers our global clients (external & internal GE) a wide range of solutions across the entire spectrum of power generation, delivery, and utilization. Our Power Systems Engineering team utilizes their deep knowledge of connected power grid planning, design, operation, and life-cycle management, […] Read more
Land Issues Slowing Down RE Projects In South Asia: Bloomberg Updated On Thu, May 23rd, 2024 by Saurenergy According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […] Read more
Are Green Stocks Struggling To Meet High Expectations Updated On Tue, May 21st, 2024 by Saurenergy On a day when heatwaves across the country and soaring power demand indicates a hot summer ahead, the focus was clearly on coal stocks, and not green energy stocks today. Consider how despite a dropping share of generation capacity, thermal’s share of actual generation has only been climbing, with power plants set to enjoy their […] Read more
Wind Capex To More Than Double To Rs 1.8 lakh Crore By Fiscal 2028 Updated On Tue, May 21st, 2024 by Saurenergy CRISIL Ratings recently announced that, the wind capacity addition is expected to witness to rise 2.5x on auction ramp-up and easing supply side constraints. The research agency anticipates an increase in India’s wind capacity addition with an increase by 2.5 times to nearly 25 GW between fiscals 2025 and 2028. This is an increase compared […] Read more
Sungrow, L&T In Deal For 165 MW PV Inverters, 760MWh Storage Systems In Saudi Updated On Tue, May 21st, 2024 by Saurenergy Sungrow, the global leading PV inverter and energy storage system provider, has forged a strategic partnership with Larsen & Toubro to supply 165MW PV inverters and 160MW/760MWh energy storage systems for AMAALA, a prestigious destination in Saudi Arabia. This collaboration aligns with Saudi Arabia’s Vision 2030 and China’s Belt and Road Initiative. This flagship project is developed and led […] Read more
