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
Adani Green Optimistic To Add 6 GW RE Capacities In FY25 Updated On Tue, Oct 29th, 2024 by Saurenergy Notwithstanding the interruptions in pace of renewable project installations, triggered by delayed monsoons, Adani Green is optimistic about its target of adding 6 GW of operational capacity in FY25. In its latest investors call, the top management of the firm expressed optimism on its growth trajectory for the current fiscal. The company said that it […] Read more
NVVN’s 500MWh Storage Tender Breaks New Ground With Record Low Tariffs Updated On Wed, Oct 23rd, 2024 by Saurenergy NTPC Vidyut Vyapar Nigam’s (NVVN) first standalone energy storage tender has broken new ground with record low tariffs. While the bids come with viability gap funding, even after accounting for that, the winning bids are lower than the lowest seen so far at Rs 3.41/unit by SECI. The tender with a total capacity 500 MW/ […] Read more
India’s Coal Sector Need Rs. 3,29,651 Cr Investment For Green Makeover: iForest Updated On Mon, Oct 21st, 2024 by Saurenergy Internationally, countries like the United Kingdom (UK) have recently shut down their last coal power plant. India, despite being the third largest emitter globally, simply cannot follow suit, even as it has established its first committee to develop a just transition framework. This framework aims to prepare guidelines for the government to transition away from […] Read more
JSW, Tata, Avaada, Juniper Winners Of 1,650 MW MSEDCL Hybrid Bid Updated On Wed, Oct 16th, 2024 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has now announced the winners for its 1,650 MW wind-solar hybrid project tender. It awarded the project to four successful bidders, namely JSW Neo Energy (JSW Energy), Tata Power Renewable Energy, Avaada Energy, and Juniper Green Energy. With the conclusion of Maharashtra State Electricity Distribution Company Limited […] 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
ALMM: India’s Enlisted Solar Module Capacity Touches 58 GW Updated On Tue, Oct 15th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest Approved List of Models and Manufacturers (ALMM) revealed that the total enlisted Indian solar module manufacturing capacity touched 58.42 GW. The ministry earlier issued the last ALMM on September 27. In the latest list, the ministry reported an addition of around 2.09 GW of […] 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
Credence, Krannich Partner To Supply MonoPERC & Topcon Modules Updated On Mon, Oct 14th, 2024 by Saurenergy Gujarat-based Credence Solar, a PV module manufacturer, and Krannich Solar, a solar products distributor, entered a partnership to accelerate solar energy solutions adoption in India and in the international markets. As part of this collaboration, Krannich Solar will distribute Credence Solar’s Mono-PERC and TOPCon PV modules to its across India, Europe, and other key solar […] Read more
