Vietnam’s Threat To Go Back On Tariff PPA’s Sends Chills Through Developers Updated On Wed, Mar 12th, 2025 by Saurenergy Vietnam’s decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the […] Read more
Will Gensol Be Able To Drive Out of Latest Crisis? Updated On Fri, Mar 7th, 2025 by Saurenergy A downgrade by ratings agency ICRA has sent the Gensol Engineering stock on a tailspin, with the stock falling over 40% in the past four days. What’s behind Gensol Engineering’s massive stock crash? ICRA rating downgrade, governance concerns, and more Gensol Engineering, an Ahmedabad-based company engaged in solar EPC and EV leasing, had been a well […] Read more
Solidus Techno Power Appoints Shiva Kumar Ram As Director Of Operations Updated On Thu, Mar 6th, 2025 by Saurenergy Punjab-based Solidus Techno Power Pvt. Ltd. has appointed Shiva Kumar Ram as its Director of Operations. Ram comes with a career spanning over three decades in power generation, renewable energy, and strategic project execution, Ram is set to elevate Solidus Techno Power’s operations. Solidus has been on an accelerated growth streak in the past year, […] Read more
PM-KUSUM: Shakti Pumps Bags ₹23.91Cr. Work Order From MEDA Updated On Wed, Mar 5th, 2025 by Saurenergy Madhya Pradesh-based solar pump and motor manufacturer Shakti Pumps (India) Limited recently received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA). The company secured the award under Component B of the PM-KUSUM scheme to set up 877 Solar Photovoltaic Water Pumping Systems (SPWPS) at various locations across Maharashtra. The work order […] Read more
Hindustan Power, Tata & Adani Commit Investments In Assam’s Power Sector Updated On Tue, Mar 4th, 2025 by Saurenergy Marking a major step in Assam’s renewable energy sector, companies like Adani Group, Tata Power, and Oriana Power have announced investments in the state for the coming year. For instance, Ratul Puri’s Hindustan Power has signed a Memorandum of Understanding (MoU) with the Assam government to invest ₹620 crore in battery energy storage projects. The […] Read more
ReNew, Enfinity, Serentica Among Winners of SJVN’s FDRE tender Updated On Sat, Mar 1st, 2025 by Saurenergy SJVN has announced the winners of its 1.2 GW Firm and Dispatchable Energy (FDRE) tender. As per the tender announcement, SJVN awarded the bids to ReNew Solar Power, EG Energy Development (Enfinity Global), Dineshchandra R Agrawal Infracon, Serentica Renewables India, and Tata Power Renewable Energy to develop 1,200 MW ISTS-connected projects for firm and dispatchable […] Read more
FIMER Proudly Backs India’s Limitless Spiritual Energy Updated On Fri, Feb 28th, 2025 by Saurenergy With almost 65 crore(650 million) people taking a dip at the holy sangam in Prayagraj by the last day on Feb 26, the World knows about the immense event that is the Kumbh in India. While the Kumbh is undoubtedly the biggest human spectacle of this year, India’s spiritual fabric had been strengthened further a […] Read more
Green Stocks Feb 25: Choppy Waters Still For Green Stocks Updated On Tue, Feb 25th, 2025 by Saurenergy As India’s leading stock market index struggled to find a bottom, there was no such luck for the mid-cap and small-cap indices, which continued to lose ground. That meant most green energy stocks followed suit, with just a little value buying perhaps among the solar manufacturers, WAAREE Energies and Premier Energies. Interestingly, both the wind […] Read more
India Proposed Renewable Energy Financing Obligation (REFO) Updated On Tue, Feb 25th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now proposed a new intervention to boost the flow of financing to the renewable energy sector in the country. This comes as the demand for faster deployment of renewable energy becomes significant keeping in light India’s target of 500 GW of non-fossil fuel in 2030. Union […] Read more