Q2 Results: IREDA Reports 36% Jump In Net Profits Updated On Fri, Oct 11th, 2024 by Saurenergy The Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the second quarter (Q2) of FY25, showing growth in both revenue and net profits on a quarterly and annual basis. The company reported total revenue of Rs 1,629.54 crore in Q2 FY25, compared to Rs 1,510.27 crore in Q1 FY25 and […] Read more
Power Systems Engineer – Product Design Updated On Fri, Oct 11th, 2024 by Saurenergy Responsibilities:- Assist in the Core-level electrical design for Fluence’s grid-scale battery energy storage (BESS) products, focusing on developing safe, flexible, maintainable, and cost-competitive hardware designs. Support the development of Core electrical designs for multi-MW energy storage systems, including the integration of battery, power conversion, medium voltage transformers, controls hardware, communication, auxiliary power, and safety equipment […] Read more
Green Stocks Oct 10: Shakti Pumps Lead The Chart Updated On Thu, Oct 10th, 2024 by Saurenergy Among the listed green firms, Indore-based solar pump company Shakti Pumps today led the chart with the highest growth of 5 percent in its stock price. It was followed by Sterling & Wilson which reported a total surge of 4.99% in its stock priced, compared to its stock price yesterday. The companies which reported a […] Read more
MNRE To Fund Innovative Technologies Under PM Surya Ghar Updated On Thu, Oct 10th, 2024 by Saurenergy To further support the development of innovative projects under PM Surya Ghar: Muft Bijli Yojna, the Ministry of New and Renewable Energy (MNRE) has issued latest guidelines laying down new norms under the ‘Innovative Projects’ component of the scheme. The objectives of the Innovative Projects for Rooftop Solar are: a. To identify and fund new […] Read more
SolaX Power Flaunts Innovative Utility-Scale Inverter Updated On Thu, Oct 10th, 2024 by Saurenergy Energy solutions company SolaX Power announced the successful launch of its utility-scale inverter at the recently held REI 2024 at Greater Noida. The company said that through the event, it was able to connect with myriad industry leaders, experts, and solar enthusiasts who shared their passion for advancing solar technology. “Our new inverter represents a […] Read more
Karnataka Amends RPO Norms To Align With Centre’s Trajectory Updated On Thu, Oct 10th, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC), in its latest order, has proposed amending its state regulation on Renewable Purchase Obligations (RPOs). This proposal arises at a time when the RPO trajectory released by the Ministry of Power contradicts the state’s regulations on the matter. KERC issued the KERC (Procurement of Energy from Renewable Sources) (Eighth […] Read more
Juniper Green, ReNew, Zelestra and Hero Future Winners In SJVN 1.2GW FDRE Tender Updated On Thu, Oct 10th, 2024 by Saurenergy SJVN has closed the second tender for developer selection to provide 1.2 GW of firm and dispatchable power from renewable energy projects equipped with energy storage systems. The lowest tariff discovered in this tendering process stood at Rs 4.25 per kWh. Four developers have secured their project capacities by quoting the lowest tariff for the […] Read more
Green Stocks Oct 9: Premier Energies Shine Among Green Stocks Updated On Wed, Oct 9th, 2024 by Saurenergy On a day of further revival of green energy stocks after the recent slump, Indian solar cell maker Premier Energies remained at the top of the list. it reported the highest of 6.11% growth in its stock compared to its stock yesterday. It was followed by Indore-based solar pump company Shakti Pumps which reported a […] Read more
West Bengal Proposes Allowing Net-Metering Only Upto 500 Kw Updated On Wed, Oct 9th, 2024 by Saurenergy Unlike several state power regulators which allowed net-metering for higher capacities, the West Bengal Electricity Regulatory Commission (WBERC) has proposed allowing net-meter for rooftop solar only upto 500 MW of capacities. This is in contrast to states like Rajasthan, Gujarat and others which have allowed net-metering for rooftop solar consumers upto 1 MW capacities. The […] Read more