Adani Energy Solutions Raises Rs 8,373 Crore From QIP Route Updated On Tue, Aug 6th, 2024 by Saurenergy Gujarat-based Adani Energy Solutions Limited (AESL), recently completed its Rs 8,373 crores (USD 1 billion) Qualified Institutional Placement (QIP). This QIP marks AESL’s first equity raise in the capital market since its demerger and listing from Adani Enterprises Limited (AEL) in July 2015. Adani Energy has a base deal size of Rs. 5,861 crore (USD […] Read more
Green Stocks August 5: Market Crash Singes Green Energy Stocks Too Updated On Mon, Aug 5th, 2024 by Saurenergy On a day when global markets were roiled by multiple issues ranging from the escalation of Middle East hostilities to the US-Japan carry trade, India’s markets too bent to the global winds. As the nifty dropped over 2.5%, green energy stocks, the market’s favorites during the sharp rise seen this year, suffered, with developers, EPC’s, […] Read more
Manager-Engineering & Commissioning Renewable Projects Updated On Mon, Aug 5th, 2024 by Saurenergy Responsibilities:- Having Knowledge of PLC, SCADA Automation work, HMI Design, Factory Acceptance Test, etc. Knowledge of Design Engineering documents like RFQ, GAD, FDS, FAT, SAT, Signal List etc. as per project requirement. Have experience of managing the team. Responsible for the development & deployment of Solar Scada systems and the programming of PLC’s. Knowledge of […] Read more
BluPine Energy On Track To Achieve Its RE Targets: Rahul Mishra Updated On Mon, Aug 5th, 2024 by Saurenergy BluPine Energy started operations in India in 2021. Since then what were the major milestones for the firm? BluPine started its Commercial and Industrial (C&I) segment in 2022. Since then, we have secured around 400 MW of C&I projects in states like Karnataka, Maharashtra, and Chattisgarh. The company has planned to add a cumulative renewable […] Read more
IEX Energy Exchange July Update- Traded Volumes Up 56% YoY Updated On Mon, Aug 5th, 2024 by Saurenergy Indian Energy Exchange (IEX) achieved the highest ever total volume (including certificates) of 13,250 MU in July 2024, marking a ~56% year-over-year increase. The electricity volume at 10,093 MU, increased 29% YoY for IEX in July. Green electricity volume during the month at 1 BU, grew 259% YoY. The renewable energy certificates (REC) at 3,150 […] Read more
Punjab Focusses To Boost Solar Energy By Expanding Solar Trees Updated On Fri, Aug 2nd, 2024 by Saurenergy Punjab Energy Development Agency (PEDA) has now planned to boost the deployment of solar energy in the state through innovative means. In its latest endevour in this direction, the state nodal renewable agency has planned to boost the presence of solar trees. Solar trees are an innovative way to increase the size of a solar […] Read more
Spain Moves To Build Solar Supply Chain, Energy Storage Manufacturing Updated On Wed, Jul 31st, 2024 by Saurenergy Spain, one of the most well placed countries in Europe for Solar power, crossed the 25 GW mark for installed solar capacity in 2023. Now, the Spanish government is moving to ensure a significant part of future additions come from domestically produced panels, besides the next big growth area, energy storage as well. The energy […] Read more
Q1 Results: Waaree Renewable Reports 85% Rise In Revenues On YoY Updated On Tue, Jul 30th, 2024 by Saurenergy Waaree Renewable today published its financial results for the first quarter (Q1) of Financial Year 2024-25. The details furnished by the Indian renewable energy company revealed that the company registered a 84 percent growth in its total revenues on a Year-on-Year (YoY) basis. On the other side, on a Quarter-on-Quarter (QoQ) basis, the firm reported […] Read more
Green Energy Stocks On July 30 – Waaree, Suzlon In Demand Updated On Tue, Jul 30th, 2024 by Saurenergy The firm might not have declared it, but the market clearly has high hopes from Waaree Renewable Technologies Q1 results. The stock was up 5%, after initially treading bottom at 5% down in the opening hour. On a mixed day otherwise, Wind energy stocks, particularly Suzlon enjoyed a strong day as well, as the market […] Read more