Saur Energy International
7th June 2024

RENEWABLES NEWS

gautam-solar

KPI Green Energy Leads Winning Bidders With Rs 3.33 Bid For GUVNL Hybrid Auction

Gujarat Urja Vikas Nigam Limited (GUVNL)'s 500 MW wind solar hybrid auction finally has a list of winning bidders, with an attractive price of Rs 3.33 achieved after the while process. Surat based KPI Green Energy led with the lowest bid, followed by Juniper Green...

How Chinese Solar Glass Dumping Triggers Price War In India?

The selected Indian solar glass manufacturing companies in India had been reiterating the demand for imposing import duties (tariff barriers) against the dumping of cheap Chinese and Vietnamese solar glasses. However, it is still under consideration of the Indian government.  The decision to impose such...

icon solar

Green Stocks June 7: Renewable Stock Prices On A Recovery Spree

Stock prices of Indian renewable energy companies seemed to be a on a recovery mode after a crash in their prices on the poll results. Except three companies-Adani Green, Waaree Renewable and JSW Energy, the stock prices of all other green energy companies seemed to...

solax power

Orb Energy Partners SBI Under Surya Shakti Solar Finance Scheme

Orb Energy has announced its partnership with the State Bank of India (SBI). This agreement designates Orb Energy as an approved vendor under SBI’s Surya Shakti Solar Finance Scheme. Launched by SBI, the country’s largest lender, the Surya Shakti scheme aims to enhance the financing...

ib solar

Kiwa PVEL’s Scorecard: Adani Solar, Waaree Maintain Top Positions

Adani Solar, the solar photovoltaic (PV) manufacturing arm of the Adani Group and Waaree Solar have been been recognized as a Top Performers in the 10th Edition of Kiwa PVEL’s PV Module Reliability Scorecard. Kiwa PVEL is a leading independent laboratory serving the downstream solar...

Current Issue

India Expected To Spend $385 Bn To Reach RE Target: Moody’s

Moody's Ratings, a bond credit rating business of Moody's Corporation, in its recent report, highlighted that India is expected to invest $385 billion to meet its target of 500 gigawatts (GW) of renewable energy by 2030. But coal will remain a key source of electricity...

US DOE To Invest $9.5 Million In Four Solar Projects

The U.S. Department of Energy (DOE) has declared plans to invest $9.5 million in four new projects with the goal of increasing public awareness and confidence in large-scale solar advancements. This program supports the US's objective of having net-zero carbon emissions by 2050, which is...

SC Net Zero Ventures Raises €125 Mn For Energy Transition

SC Net Zero Ventures, the venture capital investment fund managed by Suma Capital in strategic alliance with Repsol as anchor investor, has completed its first closing raising €125 million. The fund has a target of €150 million. This substantial first closing is a very important...

Changing Renewable LCOE Dynamics To Favour Big Companies: Report

A latest report by Lazard on the Levelized Cost of Energy (LCOE) claimed that the changing dynamics of LCOE is the United States (US) is likely to benefit the larger companies. It said that the results of its LCOE analysis hinted that sizable and well...

EV's & Storage News

Hero MotoCorp Invests Rs. 124 Crore In Ather Energy

Delhi-based Hero MotoCorp invested, up to Rs. 124 Crore in Ather Energy an electric two-wheeler company in Bengaluru.   Ather Energy is engaged in designing, manufacturing, selling, and servicing electric two-wheelers. It has business spread out in charging infrastructure, storage, distribution, and management of electric power....

Motovolt, ZEVO Partner To Boost Electric Mobility

Electric bike manufacturer Motovolt Mobility has collaborated with ZEVO to deploy 5,000 of its flagship M7 electric scooters. The companies involved said that this alliance signifies a collective effort towards promoting the widespread adoption of EVs for all delivery needs, promising a more sustainable future...

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