Green Stocks July 29: Suzlon Energy Stock Moves Up, Gains 4.99% Updated On Mon, Jul 29th, 2024 by Saurenergy In the stock market today, Suzlon Energy stocks took the lead as it gained 4.99% to move to the top of the list. This is followed by Gujrat-based Gensol Engineering whose stock price gained 3.98% growth. Other stocks that made progress in the stock prices are, Adani Green, Inox Wind Energy, and SJVN Ltd those […] Read more
BluPine Energy Gets Rs. 239 Cr Funds For Solar Project In Chhattisgarh Updated On Mon, Jul 29th, 2024 by Saurenergy BluPine Energy recently acquired Rs. 239 Crore in financial assistance from Tata Capital. The company plans to use these funds for a solar power project in Chhattisgarh. BluPine Energy’s 75-megawatt project is estimated to create over 117 million units (MUs) of electricity per year. It’s expected to offset more than 107,000 tonnes of CO2 emissions, […] Read more
JSW Neo Secures 192 MW Hybrid Power Project From GUVNL Updated On Mon, Jul 29th, 2024 by Saurenergy JSW Neo Energy Limited (JSW Neo), received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL), for a 192 MW grid-connected hybrid power project, including an additional 96 MW under the green shoe option. JSW Neo Energy, a subsidiary of JSW Energy was awarded this project against a tariff-based competitive bid invited […] 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
Q1 Results: IEX Registers 26% Growth In Net Profits On YoY Updated On Fri, Jul 26th, 2024 by Saurenergy Indian Energy Exchange (IEX) has published its financial results for Q1 of FY25. The latest filing by the energy exchange at BSE revealed that the company registered a 26 percent growth in its net profits on a Year-on-year (YoY) basis. However, its net profits on Quarter-on-Quarter (QoQ) basis plunged by 1.8 percent. The company reported […] Read more
Adani Green Energy Q1 Results- Revenue Up 22% YoY Updated On Thu, Jul 25th, 2024 by Saurenergy Adani Green Energy, the renewable developer arm of the Adani Group, has announced its Q1 results for Fy24-25. In the April June period, the firm recorded a topline of Rs 3122 crores, a 22% jump over the Rs 2550 crores recorded in the corresponding quarter last year. On a sequential quarter basis too, the firm […] Read more
BPCL, Servotech Tie up To Boost Electric Charging Infrastructure Updated On Thu, Jul 25th, 2024 by Saurenergy Electric Vehicle (EV) charger manufacturer company Servotech Power Systems Ltd has received an additional order of around 400 units of DC Fast EV Chargers from Bharat Petroleum Corporation Limited (BPCL) and other EV charger OEMs (Original Equipmemnt Manufacturers). The project valued at around Rs 20 crores will involve manufacturing, supplying, installing, and deploying these chargers […] Read more
SaurEnergy Explains-India’s CSP Plans, China’s CSP Progress Updated On Thu, Jul 25th, 2024 by Saurenergy Solar Thermal plants, a stop start technology for solar at scale is back in the news after SECI CMD RP Gupta announced plans for a 500 MW Concentrated Solar Power (CSP) tender by the end of the current financial year recently. The announcement has put the focus back on a solar based technology that has […] 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
