NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs Updated On Wed, Sep 4th, 2024 by Saurenergy On September 3, State owned NHPC (National Hydroelectric Power Corporation Private Limited) said that it has re-entered a memorandum of understanding (MoU) with the Maharashtra’s Department of Water Resources (WRD) for 7,350 MW renewable energy storage systems. The MoU aims to establish energy storage systems, specifically pumped storage projects (PSPs), in the state of Maharashtra. […] Read more
India’s Renewable Generation Surges By 5.5% In 4 Months Of FY25 Updated On Wed, Sep 4th, 2024 by Saurenergy India’s renewable energy generation has surged by 5.5 percent in the initial four months of fiscal year 2024-25. The latest data released by the Central Electricity Authority (CEA) indicated that solar and wind power generations have shown good progressive signs in actual generation. The latest renewable generation report of the CEA said that India generated […] Read more
Chinese Module Makers Push Across New Frontiers In Search For New Markets Updated On Wed, Sep 4th, 2024 by Saurenergy Hemmed in by domestic overcapacity and trade walls coming up in traditional export markets like the US, Europe and India, Chinese module makers have made an unprecedented push to take solar to newer markets. It remains to be seen if these new markets offer the dame reward and returns equation for these suppliers. Be it […] Read more
Polysilicon Market Bleeds Top 4 Chinese Manufacturers With Losses In H1 Updated On Wed, Sep 4th, 2024 by Saurenergy German polysilicon market specialist Bernreuter Research reports that the top 4 Chinese polysilicon manufacturers all slipped into losses in the first half of 2024. Consequently, at least three of the top 4 have cut down on capacity utilisation in the second half of the year, even as Tongwei continues to maintain output. In the first […] Read more
IEX’s August Power Market Update Updated On Wed, Sep 4th, 2024 by Saurenergy The Indian Energy Exchange (IEX), the dominant power exchange in the country, has released its market update for August. IEX achieved a total volume (including certificates) of 12,040 MU in August 2024, marking a 35.8% year-over-year increase. The electricity volume at 9,914 MU, increased 17.1% YoY. The renewable energy certificates (REC) at 2,116 MU, increased […] Read more
Green Stocks Sept 3: Suzlon Energy Stock Prices Up Updated On Tue, Sep 3rd, 2024 by Saurenergy On a day when Indian solar cell and solar module manufacturer Premier Energies entered the stock market, most of the green companies reported positive growth. The highest growth was seen by Suzlon Energy which reported a growth of 0.96%. Company name Closing Price On Sept 2 Closing Price on Sept 3 Change % Borosil Renewables […] Read more
MERC Declines MSEDCL’s Plea To Not Allow Virtual Net Meters Updated On Tue, Sep 3rd, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest notification decided to stick to its plan to roll out the facility of virtual net-metering for residential consumers especially living in multi-storeyed buildings. The state power regulator in its discussion on a draft regulation on the issue ruled out the pleas of the Maharashtra discom and […] Read more
L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment Updated On Mon, Sep 2nd, 2024 by Saurenergy Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […] Read more
At EESA Shanghai, SOFAR Showcases Storage Solutions Updated On Mon, Sep 2nd, 2024 by Saurenergy In a sign of the times, the 3rd EESA Energy Storage Expo kicked off at the Shanghai National Exhibition and Convention Center(SNEC) on September 2 to a massive reception. As a professional exhibition for the world leading energy storage industry from China, the event attracted numerous leading companies from the energy storage supply chain. Firms […] Read more
