H1 Update: Adani Green Increases Its Capacity Upto 11.20 GW Updated On Fri, Oct 11th, 2024 by Saurenergy Adani Green, the project developer company of the Adani Group today revealed that its operational capacity has progressed from 8.31 GW (H1 of FY24) to 11.20 GW in H1 of 2024-25. Its current capacity comprises 2,418 MW of solar and 450 MW of wind power plants. The port-to-airport conglomerate has increased its presence in the […] Read more
Anant Badjatya Becomes CEO Of SUN Mobility-IOCL JV Updated On Fri, Oct 11th, 2024 by Saurenergy SUN Mobility-IOCL recently appointed Anant Badjatya as the new Chief Executive Officer (CEO) of its newly formed joint venture, Indofast Swap Energy Pvt. Ltd. Anant Badjatya, former Chief Executive Officer (CEO) – SUN Mobility, has taken the reins of Indofast with immediate effect. This step follows the deal signed by IOCL and SUN Mobility in […] Read more
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
Telangana Approves Additional Surcharge For Open Access Consumers Updated On Fri, Oct 11th, 2024 by Saurenergy The Telangana State Regulatory Commission (TGERC) has approved an additional surcharge of ₹1.09 (~$0.012) per kWh for open access consumers for the second half (2H) of the financial year 2024-25. This surcharge will apply to the amount of electricity scheduled through open access, except for consumers wheeling power from captive power projects. In September 2020, […] Read more
PGCIL Wins Interstate Transmission Project in Rajasthan Updated On Fri, Oct 11th, 2024 by Saurenergy Power Grid Corporation of India Limited (PGCIL) has now emerged as the successful bidder for a major Inter State Transmission Project in Rajasthan. The project will be under Tariff Based Competitive Bidding (TBCB) process with an objective to finalize the transmission system for evacuation of power from the Rajasthan Renewable Energy Zone (REZ) Phase-IV. This […] 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
Maharashtra To Use DMF Funds To Deploy Solar Fencing Updated On Thu, Oct 10th, 2024 by Saurenergy The Maharashtra government has planned to use District Mineral Foundation (DMF) funds to deploy solar fencing in 160 villages in the Yavatmal district. The Maharashtra Energy Development Agency (MEDA) has issued a tender inviting bids from EPC companies for this project. Solar fencing helps farmers protect their crops by preventing animals from entering agricultural fields, […] Read more
