News In Brief Nov 27: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract Updated On Wed, Nov 27th, 2024 by Saurenergy Ecofy Partners With Swelect Energy To Increase Rooftop Solar Adoption Across South India Ecofy, India’s green-only NBFC backed by Eversource Capital and committed to financing India’s green transition has announced a partnership with Swelect Energy Systems Limited (formerly known as Numeric Power Systems Limited). This collaboration combines Ecofy’s digital lending expertise with SWELECT’s manufacturing and […] Read more
Telangana Issues Tender For 1 GW Of Rooftop Solar Projects Updated On Tue, Nov 26th, 2024 by Saurenergy The Telangana State Renewable Energy Development Corporation Limited (TSREDCO) has now issued a tender for rooftop solar projects. Through this tender, the state has planned to add 1 GW of new rooftop solar capacity. The move comes as the state plays catch up on renewable capacity, considering the limited options to add large, utility scale […] Read more
RE100 Firms Added 57 GW Of Renewable Power, Says BNEF Report Updated On Tue, Nov 26th, 2024 by Saurenergy A latest report from Bloomberg New Energy Finance (BNEF) has shed light on the transition of clean energy corporations. The report said that clean energy corporations have undergone a significant transition in the Asia-Pacific (APAC). It said that the transition was more significant over the last two decades. The research agency said that these corporations […] Read more
Q2 Results: ACME Solar Reports Rs 15cr Profit In Q2 Updated On Mon, Nov 25th, 2024 by Saurenergy Renewable energy company ACME Solar today published its quarterly (Q2) and half-yearly (H1) results. The results revealed that the firm witnessed a dip in its revenues and profits in the quarter on a Year-on-Year (YoY) basis. However, on a Quarter-on-Quarter (QoQ) basis, the company reported an increase in its profit. The details filled in by […] Read more
Green Stock Nov 25: Mirroring Market, Most Stocks Mount Recovery Updated On Mon, Nov 25th, 2024 by Saurenergy Even as most green stocks mirrored the broader rebound seen in the Indian markets, Adani Green continued to struggle, slumping a further 6% today. The Green energy developer has been caught up in a US district court indictment, besides SEC charges of alleged wrongdoing in power contracts in India. The other stocks to have a […] Read more
News In Brief Nov 25: Sungrow Partners with Zenith Energy, HG Infra Secures BESS Contract, Ecoprogetti Delivers Solar Panels To SAEL Updated On Mon, Nov 25th, 2024 by Saurenergy Sungrow Partners with Zenith Energy to Power Australia’s Largest Off-Grid Hybrid Project Sungrow, a PV inverter and energy storage system provider, recently developed Australia’s off-grid hybrid renewable energy system in the Kathleen Valley Operation. Developed in collaboration with Zenith Energy and Liontown Resources, this initiative sets a new precedent for integrating renewable energy solutions in […] Read more
MPUVNL Invites Bids For 26 MW Rooftop Solar Project Updated On Mon, Nov 25th, 2024 by Saurenergy The Madhya Pradesh Corporation (MPUVNL) recently floated a tender to build on-grid and off-grid solar rooftop systems with a total 26 MW capacity. The last date for bid submission is December 31, 2024. The recent tender plans to develop solar projects in Madhya Pradesh (MP) and to bring standardization of rates and selection of contractors […] Read more
Hero Motocorp Plans To Diversify Electric Scooters In FY25 Updated On Fri, Nov 22nd, 2024 by Saurenergy Hero Motocorp has now planned to expand its electric scooter presence in the country. It has also planned to strengthen its electric mobility segment with more launches and services, the top management of the firm told its investors, in a recent investors call. The company is now selling two electric scooter models. “ On the […] Read more
COP29: Azerbaijan Concludes First RE Auction At Tariff Of $3.540 Cents/kWh Updated On Fri, Nov 22nd, 2024 by Saurenergy Azerbaijan recently concluded its first ever renewable energy auction with technical assistance from the European Bank for Reconstruction and Development (EBRD). The outcome of the competitive auction was announced at the United Nations Climate Change Conference in Baku (COP29). In the auction ran by Ministry of Energy, Universal International Holding Limited submitted the lowest bid, […] Read more
