Saur Energy International
22nd April 2024

RENEWABLES NEWS

gautam-solar

5 Ways The World Will Change As Renewable Energy Gains Share

Sometimes, it's good to see a little further into the future than just the next few months, or even a year. At SaurEnergy, with the privilege we have in terms of access to and feedback from so many experts, it is clear that change is...

Swelect, Grew & Renew Win SECI Bid For DCR Solar Modules

The Solar Energy Corporation of India (SECI) has released the results of its tender where it sought domestic solar panels with domestically manufactured solar cells from Indian solar module manufacturers. SECI declared Swelect Energy Systems, Grew Energy and Renew Photovoltaics Pvt Ltd as winners for...

icon solar

PM Surya Ghar: Elections Defer Timely Disbursement Of Rooftop Solar Subsidies

The ongoing elections in the state country seem to have deferred the timely disbursement of central subsidies under the PM Surya Ghar scheme. Prime Minister Narendra Modi earlier this year announced PM Surya Ghar Muft Bijli Yojana with a target to reach out to 1...

solax power

Australia’s Largest Tender Expected To Add 6 GW Of Renewables

The Albanese government today announced its largest single tender for renewable energy in Australia, with the first auction as part of the reliable renewables plan set for late May. The Australian government through the national capacity investment scheme (CIS) tender targets to add 6 GW...

ib solar

Bihar Set To Expand Its Network Of Floating Solar Plants

Bihar, one of the renewable deficit regions in India is now working on alternative plans to boost its renewable energy mix. The state has now pinned hopes on the potential of its water bodies to generate electricity. The eastern Indian state which already has worked...

Current Issue

Amara Raja Infra Wins Greenko’s 700MWp Solar Project

Amara Raja Infra Private Limited (ARIPL), part of the $1.75 billion Amara Raja Group, has achieved a significant milestone in its journey in the renewable energy sector by securing a solar BoS project of 500MW/700MWp from Greenko. The project, spanning across a 2,200-acre site near...

Tata Power Delhi Distribution Ltd. Appoints Gajanan S. Kale As New CEO

Tata Power Delhi Distribution Limited (Tata Power-DDL), a leading power utility supplying electricity to a populace of 7 million in North Delhi, today announced the appointment of Gajanan Sampatrao Kale as the company’s new Chief Executive Officer (CEO), with effect from 19th April 2024. Kale...

Ganesh Srinivasan Joins KEC International As President-T&D

Ganesh Srinivasan, who was working as the Chief Executive Officer (CEO) of Tata Power-DDL (Delhi Distribution Limited) till recently has now joined KEC International Ltd. Srivasan, who has vast experience in the power transmission and distribution business will now work as the President-Transmission & Distribution...

JinkoSolar Enters BNEF Energy Storage Tier 1 List

Continuing the trend of leading solar equipment manufacturers making a mark into energy storage as well,  leading globak module maker JinkoSolar makes an entry into Bloomberg NEF's  "BNEF Energy Storage Tier 1 List 2Q 2024". The admission acknowledges Jinko's quality as well as ambition to...

Premier Energies To Seek Rs 1500 Crore In IPO Soon

Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus...

KP Energy Reports 9.8% Jump In Total Income In FY24, Profit Rises Too

Indian power company KP Energy released its financial results for FY24 and Q4 results today. In its latest public disclosure before the Bombay Stock Exchange (BSE), the firm reported a 9.8% jump in its total income.  The audited consolidated financial results of the firm said...

Order Wins, Strong Results Propel Green Energy Stocks on April 22

The renewable bandwagon continues on its merry way, with just two out of the 11 stocks in our basket, ironically enough, the largest firms by revenues failing to rise along with the market today. Whole Tata Power and JSW Energy missed out, for KPI Green...

Sterling & Wilson Marks Complete Turnaround In Q3 Fy24 With Profits

Publicly listed renewable energy company Sterling & Wilson has released its financial results for the Fourth Quarter (Q4) and FY24. The annual and quarterly results were shared by the firm with the Bombay Stock Exchange (BSE) in its public disclosure. The company reported a net...

EV's & Storage News

Hyundai Motor, Matrix Sign PPA To Power 174-MW EV Plant In US

Hyundai Motor Group recently signed a 174-Megawatt Power Purchase Agreement (PPA) with Spain's Matrix Renewables. With their solar energy project, they can power their electric vehicle (EV) plant in the United States (US) with renewable energy. The South Korean car manufacturer Hyundai Motor signed a...

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