Shakti Pumps Q2 Analyst Call- 5 Main Takeaways Updated On Tue, Nov 5th, 2024 by Saurenergy Fresh off a record Q2 performance, the management of Shakti Pumps tackled analyst questions post the results announcement, offering some interesting insights into the firm and the progress of the segment as well. For the record, in the September quarter, the firm recorded a turnover of Rs 635 crores, with operating profit coming in at […] Read more
Hybrid Inverter Makers Expect Good Days Ahead, Switches To Action Mode Updated On Mon, Oct 28th, 2024 by Saurenergy After the Ministry of New and Renewable Energy (MNRE) clarified the eligibility of hybrid inverters under the PM Surya Ghar scheme, solar inverter manufacturers in India are anticipating increased demand within the residential rooftop segment. Hybrid inverters, traditionally used in remote or weak-grid areas, allow consumers to maximize on-site solar power utilization. By utilizing energy […] Read more
Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects Updated On Wed, Oct 16th, 2024 by Saurenergy Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […] Read more
Karnataka Plans Rooftop Wind Aero Turbines, Issues Draft Rules Updated On Tue, Oct 15th, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has now issued draft norms to introduce grid-connected rooftop aero turbines in the state. The draft norms put forth by the state power regulator said that these systems could be installed onto the rooftops with or without rooftop solar systems. The draft notification aims to promote co-generation of electricity […] Read more
West Bengal Proposes Allowing Net-Metering Only Upto 500 Kw Updated On Wed, Oct 9th, 2024 by Saurenergy Unlike several state power regulators which allowed net-metering for higher capacities, the West Bengal Electricity Regulatory Commission (WBERC) has proposed allowing net-meter for rooftop solar only upto 500 MW of capacities. This is in contrast to states like Rajasthan, Gujarat and others which have allowed net-metering for rooftop solar consumers upto 1 MW capacities. The […] 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
PM Surya Ghar, Green Corridor, PM-KUSUM Get Financial Push Updated On Thu, Jul 25th, 2024 by Saurenergy The latest Union Budget presented by Union Finance Minister Nirmala Sitharaman indicated a financial push to several renewable energy schemes. This includes fresh or increased allocations for programmes like PM Surya Ghar, PM-KUSUM scheme, Green Corridors, Green Hydrogen and grid-connected hydro projects. Details from the budget’s expenditure documents revealed that the ministry allocated Rs 6,250 […] Read more
What The Green Industries Said About Budget 2024? Updated On Tue, Jul 23rd, 2024 by Saurenergy Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […] Read more
Growatt Unveils Energy Storage Solutions In Europe Updated On Thu, Jun 27th, 2024 by Saurenergy Growatt, showcased its latest extensive offerings at Intersolar Europe 2024, held from June 19th to 21st in Munich. The company’s exhibit prominently featured innovative products designed to meet the growing global demand for energy storage, alongside cutting-edge solutions for solar PV systems, EV charging, portable power stations, and smart energy management. “With the global focus […] Read more
