Green Stocks May 30: Early Rains Cool Energy Stocks Updated On Fri, May 30th, 2025 by Saurenergy The earlier-than-expected onset of the monsoons seems to have worked to douse some enthusiasm for energy stocks in general, including green energy stocks. Combined with a weekend and month-end push to keep cash handy, saw selling pressure for all but the strongest performers today. Investors are clearly booking profits when they can after seeing the […] Read more
SAEL Gets $132Mn from NDB, AIIB, Others for AP Solar Project Updated On Fri, May 30th, 2025 by Saurenergy SAEL Solar MHP1, a subsidiary of SAEL Industries Ltd., has secured debt finance amounting to US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale. SAEL Solar MHP1 would use the funding to develop a solar power project in Andhra Pradesh. Each institution has committed […] Read more
Research Manager -Energy Updated On Fri, May 30th, 2025 by Saurenergy We are looking for an aspiring leader to manage our Fiscal & Valuations team in Gurugram, India. Our long history in the energy sector is underpinned by our deep understanding and modelling of fiscal regimes around the world. We provide unique insight to our research and consulting clients, industry and Governments, on how fiscal terms impact […] Read more
APTEL Restores 80MW Wind Power PPA For Wind Energy Firm Updated On Fri, May 30th, 2025 by Saurenergy In a significant ruling for renewable energy developers, the Appellate Tribunal for Electricity (APTEL) has set aside an Andhra Pradesh state regulator’s order that had upheld the termination of a large portion of a wind power agreement in Andhra Pradesh. The tribunal ruled in favour of Guttaseema Wind Energy Company Pvt Ltd, which operates an […] Read more
2030 Target No Longer Bold Enough, Look Beyond 500 GW Updated On Fri, May 30th, 2025 by Saurenergy India’s pledge to install 500 GW of non-fossil energy by 2030 was hailed as bold and transformational when announced at COP26 in 2021. However, this target is no longer sufficiently ambitious compared to what the country has potential to achieve, thanks to the overall evolution of the energy landscape through the last few years. For […] Read more
The Start Of The Energy Storage Era Has Arrived In India- SBI Caps Updated On Fri, May 30th, 2025 by Saurenergy Investment bank SBI Caps has released a new report on the evolving battery scenario in India. The report makes a number of observations and recommendations to ensure that the critical sector delivers on its promise. From cautioning against a rush towards reducing dependence on China, calling instead for a more calibrated approach, to increasing import […] Read more
Engie Gets Financial Closure For 200 MW Khavda Solar Project Updated On Wed, May 28th, 2025 by Saurenergy French energy company ENGIE has achieved financial closure for its upcoming 200 MW solar project in Khavda, Gujarat, in partnership with MUFG Bank Ltd. and Crédit Agricole CIB. The project is being developed through ENGIE’s subsidiary, Enren-II Energy Private Limited. It is expected to generate approximately 550 GWh of electricity annually and avoid over 1,650 […] Read more
FY25: Mufin Green Finance Reports 20% Surge In Profit Updated On Wed, May 28th, 2025 by Saurenergy Mufin Green Finance, a non-banking financial company (NBFC) specializing in financing renewable energy and electric vehicle (EV) projects, has reported strong growth in revenue and profitability for the financial year ended March 31, 2025 (FY25), driven by a surge in clean mobility and energy lending. Financial Performance (FY25 vs FY24) The company’s Revenue from Operations […] Read more
Bondada, Telangana GENCO Ink ₹204.2 Cr BESS Project PPA Updated On Tue, May 27th, 2025 by Saurenergy Telangana-based Bondada Engineering has secured a letter of award from Telangana Power Generation Corporation Limited (TGGENCO) for setting up a battery energy storage system (BESS) project. It said in a regulatory filing, “We are delighted to inform you that this is a first-of-its-kind order for our company in the BESS business line.” It added that […] Read more
