Saur Energy International
13th May 2024

RENEWABLES NEWS

gautam-solar

MNRE Goes Back To the Past To Declare All Rooftop Solar As PM Surya Ghar Achievements

The latest documents from the Ministry of New and Renewable Energy (MNRE) make for some starling reading for the solar sector. The MNRE in its latest physical achievements report (upto April 2024) claimed that India’s total installed capacity under PM Surya Ghar scheme touched 12...

SAIL’s Bhilai Steel Plant To Have Chhattisgarh’s First Floating Solar Plant

The Bhilai Steel Plant (BSP), one of the oldest steel plants of Steel Authority of India Limited (SAIL) that was started in 1955, has taken the lead with Chhattisgarh's first 15-megawatt (MW) floating solar project in its Maroda-1 reservoir. The move is one of many...

icon solar

EU’s Wind, Solar Generation Rose By 14%, Fossil Fell To 25%

EMBER, a clean energy think tank recently reported a decline in EU fossil generation to below 25% in a month for the first time ever. The study reported a major milestone for EU in its electricity transition in April 2024. The electricity generation reportedly increased...

solax power

Gensol Engineering Appoints Rajesh Jain As Independent Director

Renewable energy and electric mobility company Gensol Engineering Limited has announced the appointment of Rajesh Jain as a new independent director on its board. According to the statement by Gensol Engineering Jain brings a wealth of experience, having recently retired from Walker Chandiok & Co...

ib solar

CERC Declines Relief To Adani Subsidiary Over Delay In Bhuj Wind Project

The Central Electricity Regulatory Commission (CERC) in its latest judgment declined to give any relief to Adani Wind Energy Kutchh One Limited over its delay in the commissioning of its proposed 250 MW wind energy project. The project was slated to come up at Dayapar...

waaree

Azure Power Appoints Brijesh Mehra As Non-Executive Director

Azure Power Global Limited, a sustainable energy solutions provider and renewable power producer in India, has announced that Brijesh Mehra has been appointed as a non-executive Director of the Company and of Azure Power India Private Limited as the nominee of CDPQ Infrastructures Asia Pte...

Green Energy Stocks Continue to face Tough Market Assessment- May 13

With green energy stocks, there is clearly nothing like half measures. Even today, when the market moved between losses and a marginal profit, green energy stocks moved much more sharply. For tata Power and Waaree Renewable Technologies, even record profits were not enough to prevent...

Events 2024

Waaree Renewables Reports 341% Surge In PAT In Q4, 167% Annually

Waaree Renewable Technologies Limited, the solar EPC arm of the Waaree Group has published its financial results for the latest quarter (Q4). It also announced its annual financial results for FY24. As per the details shared by the company in its self-disclosure before the Bombay...

Boralex To Commence 125 MW Oxford BESS In Canada

Boralex Inc. has announced the selection of the Oxford Battery Energy Storage project totalling 125 MW of nameplate capacity. This project was selected by Ontario’s Independent Electricity Systems Operator (IESO) further to its Long-Term Request for Proposals (LT1 RFP). This project adds to Boralex’s existing...

Grew Energy To Set Up 3.2 GW Solar Module Manufacturing Facility In J&K

Grew Energy Pvt Ltd - a flagship venture of the Chiripal Group - is all set to establish a three-stage fully backward integrated solar module manufacturing unit in Jammu & Kashmir. With a commitment to invest 4500 Cr, upon completion, this ultra-modern facility will have...

EV's & Storage News

Relux Electric Secures 250 Cr For EV Charging Expansion in South India

Relux Electric, the EV charging infrastructure provider, has secured Rs. 250 crores of cumulative project funding from a group of private real estate and infrastructure investors exclusively to expand its network of hypercharging stations on the highways of South India. The company will utilize the...

Research Reports

India Becomes Second Largest Wind Market Within Asia Pacific In 2023

Global Wind Energy Council (GWEC) growth required an annual wind installation tripling to at least 320 GW. GWEC report found that the onshore wind energy recovered from a growth slowdown it currently is ranked fourth in total wind installations. It has installed 45 GW of...

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