Green Stocks July 24: Borosil Renewables Continues Its Growth In Stock Market Updated On Wed, Jul 24th, 2024 by Saurenergy The day following the budget announcement, Borosil Renewables’ stock price stayed at the top with an 8% growth, followed by Shakti Pumps and Suzlon Energy making progress with a 5% rise. The firm also had maintained an 8 percent growth yesterday after the Union Budget announced imposing a new custom duty against the imports of […] Read more
India Needs 100 GW Storage To Avoid Energy Shortages: Report Updated On Wed, Jul 24th, 2024 by Saurenergy In a report that goes against the actions of the Indian government (more thermal, faster deployment of PSP), Berkeley has made a case for solar and battery storage to solve the country’s power demand issue. Solar plus storage can not only help to avoid power shortages in India but also help to prevent a solar […] Read more
ADB To Support Electric Transport Connectivity For Nagpur Metro Updated On Wed, Jul 24th, 2024 by Saurenergy The Asian Development Bank (ADB) has approved a $200 million loan to expand metro rail corridors and improve transport connectivity in Nagpur, India. This includes its support for boosting the electric mobility to ensure connectivity to the metro stations in the city in Maharashtra. “ADB will support the Maharashtra Metro Rail Corporation Limited (Maha Metro) […] Read more
BrightNight Australia Links Mortlake Energy Hub To National Grid Updated On Wed, Jul 24th, 2024 by Saurenergy Australian Energy Market Operator (AEMO) recently approved the connection of BrightNight’s 360 Mega Watt (MW) Mortlake Energy Hub (a hybrid renewable energy project) to the National Electricity Market, to support Australia’s decarbonization efforts. Australia wants to go net-zero by 2050 and has plans to ensure 82% electricity capacities in their grid from renewable sources by […] Read more
Budget 2024 Announcements On PSP, Thermal- Hit Or Miss? Updated On Wed, Jul 24th, 2024 by Saurenergy As the dust settles on the budget announcements, by all accounts the budget continues to lose relevance in terms of the sort of disruptive changes it could bring earlier. For the renewable sector, that means even as the loud clamor for a reduction of GST rate on equipment like turbines and modules from 12% to […] Read more
LevelTen Raises $65 Million, To Enter Newer Markets Updated On Wed, Jul 24th, 2024 by Saurenergy LevelTen Energy, which describes itself as a leading provider of transaction infrastructure for the energy transition, announced that it has secured approximately $65 million in a Series D funding round last week. The financing, which includes both new growth capital and the conversion of notes, was led by B Capital, a global multi-stage investment firm. […] Read more
Budget: Provision For Critical Minerals, Lithium To Boost EV Growth Updated On Tue, Jul 23rd, 2024 by Saurenergy The latest budget announced by Union Finance Nirmala Sitharaman announced several interventions that can fuel the growth of Electric Vehicles (EVs) and battery industries across the country. In the recent budget released by the minister in the Parliament, she announced to reduction the Basic Customs Duty (BCD) to zero on critical minerals and numerous components. […] Read more
Green Stocks July 23: Post Budget Announcement On Solar Glass, Borosil’s Stock Price Surges Updated On Tue, Jul 23rd, 2024 by Saurenergy On the day when the Union Budget talked about imposing Customs Duty against the imports of solar glass, the stock prices of Indian solar glass maker Borosil Renewable surged to 8.22 percent high. This was the long pending demand of the Indian solar glass makers like Borosil. This is followed by positive growths of companies […] Read more
Power Market Analyst Updated On Tue, Jul 23rd, 2024 by Saurenergy We are looking for a Power Market Analyst to join our team in Gurugram, India.The successful candidate will responsible for power market modelling and analysis covering Southeast Asian markets and supporting the wider Asia Pacific power and renewables team. He or she will use cutting-edge power dispatch models, engage industry executives on key market trends […] Read more
