India Can Avoid New Coal as Renewables Surge: CREA Updated On Fri, May 23rd, 2025 by Saurenergy India may not need to build new coal power plants to meet future electricity demand, thanks to record growth in renewables and underutilised thermal capacity, a new report by the Centre for Research on Energy and Clean Air (CREA) said Thursday. According to CREA, 32.3 gigawatts (GW) of coal-fired capacity is currently under construction, and […] Read more
India Faces Energy Trilemma Amid Coal & Transition Push: S&P Global Updated On Wed, May 21st, 2025 by Saurenergy India is set to see a sharp rise in energy demand over the next two decades, with coal continuing to play a dominant role despite growing momentum in the clean energy transition, S&P Global Commodity Insights said Tuesday in a note following its Outlook 2025 media roundtable. India’s energy landscape is shaped by a threefold […] Read more
With Hybrid Push, Oyster Renewable Aims 2 GW Capacity Updated On Fri, May 16th, 2025 by Saurenergy India-based Oyster Renewable Energy is aiming to commission 2 gigawatts (GW) of renewable energy capacity by 2030, with a sharp focus on the commercial and industrial (C&I) sector, the company said in an interaction with Saur Energy. The independent power producer, founded in 2021, is building a portfolio of hybrid wind-solar projects across several Indian […] Read more
Solex Energy Fy25-Revenue Up 81%, Profit Soars 390% Updated On Wed, May 14th, 2025 by Saurenergy Continuing with the trend of improving margins at Solar module makers, Gujarat-based Solex Energy Limitedhas announced its audited financial results for the fiscal year ended March 31, 2025. The company delivered a robust performance, with consolidated revenues reaching ₹ 665.82 crore, a significant 81% year-on-year growth compared to ₹ 368.02 crore in FY 2023-24. Solex Energy […] Read more
ArcelorMittal’s 1GW Renewable Energy Project Begins Power Supply To Nippon Steel Updated On Fri, May 9th, 2025 by Saurenergy ArcelorMittal’s 1GW solar and wind project located in Andhra Pradesh, southern India, has recently started providing clean electricity to AM/NS India which is ArcelorMittal’s 60/40 Indian steelmaking joint venture with Nippon Steel. The $0.7 billion project was developed, constructed, and commissioned by AM Green Energy, an ArcelorMittal subsidiary. The India renewables project has been developed […] Read more
India’s Renewable Energy Sector Sees Surge In FDI: CEEW Updated On Thu, May 8th, 2025 by Saurenergy India’s renewable energy sector accounted for nearly 8 percent of total foreign direct investment (FDI) inflows in the financial year 2024-25, up from about 1 percent in FY21. The trend was revealed in the latest Market Handbook released by the Council on Energy, Environment and Water’s Green Finance Centre (CEEW-GFC). The sector attracted USD 3.4 […] Read more
5 Challenges For India’s 500 GW Clean Energy Target Updated On Mon, May 5th, 2025 by Saurenergy India’s aim to achieve 500 GW of non-fossil fuel-based clean energy capacity target by 2030 may be one of the most ambitious goals for the decade across the globe. Yet, the probability of this happening may be bleak considering the factors adversely affecting the new capacity additions – comparatively sluggish progress, regulatory challenges, uncertainty in […] Read more
Karnataka: Orb Energy To Boost Manufacturing, Solar Park Biz Updated On Mon, Apr 21st, 2025 by Saurenergy Orb Energy, a Karnataka-based solar firm, is gearing up for a major expansion as it looks to scale up manufacturing and develop new solar parks across southern India. With its fundraising plans in the pipeline, the Bengaluru-headquartered green tech company is preparing to boost production capacity at its solar module manufacturing facility and build on […] Read more
2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions Updated On Wed, Apr 16th, 2025 by Saurenergy Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […] Read more
