Carbon Credit Market to Soar: From $267.8 Billion to $1.2 Trillion by 2029 Updated On Tue, Jul 30th, 2024 by Saurenergy Despite the scandal involving Shell and 5.7 million tons of fraudulent carbon credits earlier this year, efforts from the carbon credit industry continue to show results, with the latest BCC research study showing an expected growth from $267.8 billion in 2023 to $1.2 trillion by 2029 at a compound annual growth rate (CAGR) of 28.4%. […] Read more
Corporate India Lagging Behind In RE Adoption: Report Updated On Tue, Jul 30th, 2024 by Saurenergy India’s leading companies are dragging their feet when it comes to meeting the country’s ambitious renewable energy and decarbonisation goals, according to analysis by think tank Climate Risk Horizons (CRH). The industrial sector accounts for more than half of India’s energy consumption, making corporate action essential to the government’s decarbonisation efforts. In a report titled […] Read more
India To See 9.17% Growth In EV Sector Workforce: TeamLease Updated On Tue, Jul 30th, 2024 by Saurenergy TeamLease’s recent survey points towards a transition in the employment structure within the power and energy sector, particularly in the electric vehicle (EV) segment from April-September 2024-2025. TeamLease presented its ‘Employment Outlook Report’ for the first half of the fiscal year 2024-25 where it analyzed data from a wide-ranging survey of 1,417 employers across 23 […] Read more
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
L&T Gets Multiple Order To Build Grid Elements In India, Abroad Updated On Mon, Jul 29th, 2024 by Saurenergy Larsen & Toubro (L&T) recently received multiple orders to set up transmission networks and substations in India and abroad. The Power Transmission & Distribution (PT&D) business of Larsen & Toubro recently won new orders to support develop an interconnected electricity network in India and abroad. The Power Transmission & Distribution (PT&D) business vertical of L&T […] 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
Saur Energy International Magazine July 2024 – Will up be a Solar Star? Updated On Sun, Jul 28th, 2024 by Saurenergy Editorial We don’t usually focus on a single state for a cover feature, but with Uttar Pradesh, we are talking about no ordinary state. India’s fourth largest and most populated state would be the sixth largest country in the world if the criteria was just population. It is no secret that just a few states […] 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
