Suzlon Acquires 51% Stake In Wind O&M Services Firm Renom Updated On Wed, Aug 7th, 2024 by Saurenergy Suzlon Group, India’s largest renewable energy solutions provider, has executed definitive agreements for the acquisition of a 76% stake in Renom Energy Services Private Limited (“Renom”), in two tranches, from the Sanjay Ghodawat Group (SGG). Renom is the largest Multi Brand Operations and Maintenance service (“MBOMS”) provider in the country with assets of 1,782 MW […] Read more
IITM Research Park Launches 1MWh Battery Storage System Updated On Mon, Aug 5th, 2024 by Saurenergy On August 5, 2024, the Indian Institute of Technology Madras (IITM) research park launched the first-of-its-kind large-scale 1MWh lithium-ion battery storage system. The launch was done in the presence of Michelle Lujan Grisham, Governor of New Mexico. The storage system, designed and developed by the Center for Excellence in Energy & Telecommunications (CEET) is part […] Read more
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
Adani To Commission 1GW Of New Wind Capacities In FY25 Updated On Fri, Aug 2nd, 2024 by Saurenergy Adani Green is now planning to add 700 MW of new wind energy capacities in the current financial year. This comes after the Indian renewable energy company commissioned 250 MW of wind energy capacities at its Khavda renewable part recently. With this, the company’s is likely to add a total of 1 GW of new […] 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
Q1 Results: Waaree Renewable Reports 85% Rise In Revenues On YoY Updated On Tue, Jul 30th, 2024 by Saurenergy Waaree Renewable today published its financial results for the first quarter (Q1) of Financial Year 2024-25. The details furnished by the Indian renewable energy company revealed that the company registered a 84 percent growth in its total revenues on a Year-on-Year (YoY) basis. On the other side, on a Quarter-on-Quarter (QoQ) basis, the firm reported […] Read more
Offshore Wind Power Emerges Out of Shadows Updated On Tue, Jul 30th, 2024 by Saurenergy The world of renewable energy is diverse, including solar, hydroelectric, geothermal, and biomass. Among these, wind power is among the most efficient and scalable clean energy sources. Offshore wind energy farms promise higher energy yields and are far from residential areas, reducing noise and visual impact. As technology advances and costs drop, offshore wind power […] Read more
