PM KUSUM: PEDA Issues Bid For Solarizing 75,000 Agricultural Pumps Updated On Fri, Aug 16th, 2024 by Saurenergy The Punjab Renewable Energy Development Agency (PEDA) has issued a tender seeking parties who can install and operate grid-connected solar pumps. Through this tender, the state nodal agency has planned to solarise 75,000 grid connected agricultural pumps through RESCO mode. These bidders will be selected through a tariff-based competitive bidding process through e-reverse auction through […] Read more
In India’s Renewable Push, UP’s Energy Crop Farmers See Little Hope Updated On Thu, Aug 15th, 2024 by Saurenergy Ranjit Singh, 36, is a farmer in the Lakhimpur Kheri district of Uttar Pradesh. He owns 10 acres of fertile land in this region, which he mainly uses to grow sugarcane. After several months of arduous work on his farmland, he harvests this crop and sends it to his nearest sugar mill, around 12 km […] Read more
Green Stocks August 14: SJVN Stock Price Rises 3.83% Updated On Wed, Aug 14th, 2024 by Saurenergy In today’s stock market, after a long gap, SJVN stocks rose by 3.83%, followed by Shakti Pumps with a 0.19% increase. However, Suzlon Energy saw a decline, with its stock dropping 4.96%. Other companies experiencing stock price drops today include JSW Energy, whose price fell by 3.92%, and Waaree Renewable Technologies, which saw a drop […] Read more
Green Stocks August 13: Inox Wind Blows Away From the Pack With a 10% Jump Updated On Tue, Aug 13th, 2024 by Saurenergy On a day when the market dived, three green stocks stood out, namely, Adani Green Energy, Suzlon, and Inox Green, which was up a full 10%. Inox Wind in fact, is up 21% in the past month, while Suzlon is also up an even more impressive 47%. All the other stocks dropped, with Waaree and […] Read more
Which State Has Benefited Most From PMKUSUM’s Solar Pumps? Updated On Tue, Aug 13th, 2024 by Saurenergy The Government launched the PM-KUSUM scheme in March 2019, which was scaled up in January 2024 to include standalone solar agricultural pumps. This scheme aims to provide energy and water security to farmers, enhance their income, reduce diesel usage in the farm sector, and decrease environmental pollution. Union Minister of State (MoS) for New and […] Read more
Top Weekly Stories on Renewable Energy From 05 to 11 August 2024 Updated On Mon, Aug 12th, 2024 by Saurenergy Read more
Kinetic Green Raises US$25 Mn From Greater Pacific Capital Updated On Mon, Aug 12th, 2024 by Saurenergy Kinetic Green, an Electric Vehicle (EV) manufacturer secured a US$25 million investment from Greater Pacific Capital (GPC), a global private equity firm. This investment is part of an overall targeted Series A fundraising of up to US$40 million. GPC’s investment in Kinetic Green is through a combination of instruments including common equity shares, convertible preference […] Read more
Green Stock August 9: Waaree Renewable, KPI Green Continue In Spotlight Updated On Fri, Aug 9th, 2024 by Saurenergy It was yet another day when the two smaller domestic solar EPCs, Waaree Renewable Technologies, and KPI Green Energy, found themselves locked on Upper circuits. Strong Q1 results have acted to catalyse investor interest yet again in these firms, after some fears that they might have run ahead of performance. Tata Power, Shakti Pumps, Adani […] Read more
2.8 GW Versus 9.3 GW- EMBER Report Points to Huge Gap In Wind Additions In India Updated On Fri, Aug 9th, 2024 by Saurenergy The winds of change are blowing across India’s energy landscape. Over the past three years, annual wind installations have surged, but there’s a catch: the 2023 figures were a whopping 51% higher than in 2022, the latest report from EMBER said. It also said that despite this growth, the current build rate of 2.8 GW […] Read more
