UK Raises RE Auction Funds, Offshore Wind Gets Largest Gain Updated On Wed, Jul 31st, 2024 by Saurenergy The United Kingdon (UK) government recently allocated a budget of over 1.5 billion pounds to deliver homegrown clean energy projects and boost the UK’s energy security Energy Secretary unveils this large budget to deliver new homegrown clean energy projects in the UK. The budget seeks to boost energy security, secure cheap power for families, and […] Read more
Global Investments In Battery To Decline In 2024: Rystad Report Updated On Wed, Jul 31st, 2024 by Saurenergy Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research. The researchers attributed this trend owing to a slump in battery infrastructure investments in mainland China for the global slowdown, as the Asian economic […] Read more
O2 Power, Juniper Green, JSW and Datta Infra Win NTPC 1000 MW Hybrid Tender Award Updated On Mon, Jul 29th, 2024 by Saurenergy NTPC’s 1000 MW Hybrid power tender (NTPC Tranche VI) finally has a winners roster. Leading in terms of allotment is JSW Neo Energy ( 300 MW), O2 Power’s TEQ Green Power IX Pvt Limited ( 250 MW), Juniper Green Energy Private Limited (150 MW), and Datta Infra’s Adyant Enersol Private Limited with a 70 MW […] Read more
SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit Updated On Fri, Jul 26th, 2024 by Saurenergy In a historic moment, the country has witnessed awarding of Firm and Dispatchable Renewable Energy (FRDE) contracts at tariffs as low as Rs 4.98 per unit. This came in response to a tender issued by the Solar Energy Corporation of India (SECI) for a 630 MW of FDRE power. The move is likely to boost […] Read more
Q1 Results: IEX Registers 26% Growth In Net Profits On YoY Updated On Fri, Jul 26th, 2024 by Saurenergy Indian Energy Exchange (IEX) has published its financial results for Q1 of FY25. The latest filing by the energy exchange at BSE revealed that the company registered a 26 percent growth in its net profits on a Year-on-year (YoY) basis. However, its net profits on Quarter-on-Quarter (QoQ) basis plunged by 1.8 percent. The company reported […] Read more
SJVN Secures First Pumped Storage Project In Mizoram Updated On Fri, Jul 26th, 2024 by Saurenergy SJVN recently announced that it received a Letter of Intent (LoI) for the allotment of the 2,400 MW Darzo Lui Pumped Storage Project (PSP) from the Mizoram government. This is the first project of the company in Mizoram. Th SJVN project is spread across Darzo Nallah, a tributary of the Tuipui River in Mizoram. The […] Read more
China Adding Solar Capacity At 17 GW Per Month In 2024 Updated On Thu, Jul 25th, 2024 by Saurenergy After a record breaking 2023 when it crossed the 215 GW mark on new solar capacity additions, China continues to surprise on the upside in 2024 as well. The country added 102.48GW of new PV capacity between January and June 2024,as per the National Energy Administration (NEA), the nodal state body that tracks and regulates […] Read more
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
With New Import Duties On Solar Glass, Borosil Sees ‘Acche Din’ Ahead Updated On Wed, Jul 24th, 2024 by Saurenergy In October 2023, Greater Noida hosted Renewable Energy Expo (REI) which saw the conglomeration of several renewable industries under one roof. On one side of the show, Borosil Renewable, one of India’s leading solar glass manufacturers hosted its stall. It entertained several solar industry leaders and had a series of meetings. In an interview with […] Read more
