Mahindra Adds New Subsidiary Velos Hybren To Expand RE Portfolio Updated On Wed, Dec 11th, 2024 by Saurenergy Mahindra Susten (MSPL) recently incorporated Velos Hybren Private Limited (Velos Hybren) as its step-down subsidiary to spur renewable energy growth. Velos Hybren has been established to produce and sell power, generate electricity, act as an Independent Power Producer (IPP), and facilitate distributed energy solutions, including rooftop solar installations for commercial, industrial, institutional, and residential segments. […] Read more
Gentari, AM Green In 650 MW RTC Deal For Green Ammonia Plant Updated On Wed, Dec 11th, 2024 by Saurenergy Clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Castor One Private Limited and AM Green Ammonia India have executed a firm and binding Power Purchase Agreement. Under the agreement, Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities in Telangana, under a long-term Power Purchase […] Read more
90% Surge In Installations After Green Energy Open Access: IEEFA Updated On Wed, Dec 11th, 2024 by Saurenergy A new report claims that regulatory clarity on green energy open access led to an upsurge in annual renewable energy installations. The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics prepared the report. The report said that the Green Energy Open Access Rules (GEOA) 2022 aided in creating new installation […] Read more
Reliance NU Energies Makes Key Appointments Updated On Wed, Dec 11th, 2024 by Saurenergy Reliance NU Energies Private Limited, a subsidiary of Reliance Power, has inducted two key people in its leadership: Mayank Bansal as Chief Executive Officer (CEO) and Rakesh Swaroop as Chief Operating Officer (COO), who have a combined experience of over 40 years in the energy sector. The two energy sector veterans will helm Reliance Power’s […] Read more
Green Stocks Dec 10: Waaree Energies Stock Price Soars 5.68% Updated On Tue, Dec 10th, 2024 by Saurenergy The renewable energy sector saw mixed action in the stock market today. Waaree Energies led the pack with a 5.68% surge, followed by Borosil Renewables, which climbed 3.61%. Maintaining its positive momentum, NTPC Green’s stock price also rose by 1.29%. Meanwhile, the Madhya Pradesh-based Shakti Pumps posted a modest gain of 0.34%. However, it wasn’t […] Read more
Continuum Green Energy IPO Bound, To Raise Rs 3650 cr Updated On Tue, Dec 10th, 2024 by Saurenergy Mumbai Headquartered Continuum Green Energy Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). The green energy developer is backed by Just Climate and Morgan Stanley Infrastructure Partners. Continuum Green Energy primarily focuses on supplying green power […] Read more
DartSolar Build Expandable Solar Roof Rack To Charge EVs In Off Grid Areas As Well Updated On Tue, Dec 10th, 2024 by Saurenergy US-based DartSolar LLC recently invented an expanding solar roof rack that provides 10 to 20 miles of charge per day. DartSolar LLC has launched a 1,000-watt solar roof rack that is water-, wind-, and dust-proof. The structure is 1.5 inches tall, the solar rack expands in only 15 seconds to deliver a 1,000 solar array. Key […] Read more
Khavda: GE Vernova Gets Rs. 400 Cr Order From Sterlite Power Updated On Tue, Dec 10th, 2024 by Saurenergy GE Vernova recently secured an order worth approximately ₹400 crore from Sterlite Power. The US-based wind energy company will supply and supervise 765 kV power transformers and reactors for the Khavda project. GE Vernova plans to execute the project within two years. Wind turbine manufacturers in India have been increasing the upper capacity limit of […] Read more
Green Stocks Dec 9: Premier, Waaree Energies Hold Their Own Updated On Mon, Dec 9th, 2024 by Saurenergy On a mixed day for the markets, the two key manufacturers in our Green pack, Premier Energies and Waaree Energies more than held their own as both rose by over 2%. The gains come on the back of an impressive roster of orders, including a large 1 GW order for Waaree announced today. Among developers, […] Read more
