Solar Generation In India Improved In FY24: Fitch Ratings Updated On Mon, Sep 2nd, 2024 by Saurenergy In the financial year ending March 2024 (FY24), India saw improved power generation performance. However, overall power generation was slightly below the one-year P90 forecasts, Fitch Ratings reports. Fitch Ratings, a credit rating organization headquartered in both New York and London, observed an increase in generation at the portfolio level. The company reported a 4% […] Read more
Renewables Contribute Only 4% To NTPC’s Turnover in FY24 Updated On Mon, Sep 2nd, 2024 by Saurenergy According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […] Read more
Green Stocks Aug 30: KPI Green Energy, Shakti Pumps Stocks Shine Updated On Fri, Aug 30th, 2024 by Saurenergy This week’s stock market closed on a brighter note, with the majority of green energy stocks witnessing positive growths. KPI Green Energy and Shakti Pumps showed upward movement, with their stock prices rising by 4.79% and 3.57%, respectively. Other companies whose stock prices gained today included Waaree Renewable Technologies, Sterling and Wilson Renewable Energy, TATA […] Read more
Indian RE Sector Faces A Leadership Crisis Updated On Thu, Aug 29th, 2024 by Saurenergy WalkWater Talent Advisors, an Indian executive search firm, has unveiled a study highlighting a significant leadership talent crisis within India’s rapidly growing renewable energy sector. India’s ambitious goal of increasing non-fossil energy production capacity to 500 GW by 2030, as part of the Panchamrit plan, and achieving net-zero emissions by 2070, faces a significant challenge: […] Read more
NLC Set To Supply 200 MW Renewable Energy To Telangana Updated On Thu, Aug 29th, 2024 by Saurenergy NLC India Limited (NLCIL) a Navratna Government of India Enterprise under the Ministry of Coal has signed a Power Usage Agreement with Telangana state discoms for 200 MW solar power at a competitive and affordable price under CPSU scheme for 25 years. NLC India Lmitted’s solar project is set to generate around 1,300 crore units […] Read more
SunSource Energy Commissions 21 MWp Solar Project In Tamil Nadu Updated On Thu, Aug 29th, 2024 by Saurenergy SunSource Energy, a solar energy solutions provider and a subsidiary of SHV Energy, a 127-year-old Dutch Multinational, commissioned a 21 MWp solar power plant in Ramanathapuram in Tamil Nadu. This project, spanning 50 acres, marks SunSource Energy’s foray into the state. SunSource Energy has already tied up with leading Commercial and Industrial (C&I) businesses for […] Read more
Green Stocks Aug 28: Waaree Renewable Up 5% Updated On Wed, Aug 28th, 2024 by Saurenergy Today’s stock market remained relatively stable as six out of 12 stocks of green companies received positive growth. Leading the charge, Waaree Renewable Technologies’ stock price surged by 5%. It was followed by Borosil Renewables, whose stock price rose by 2.73%. Other companies that saw marginal growth include Suzlon Energy, Tata Power, and Inox Wind […] Read more
Grew Energy, IIT Bombay Collaborate For R&D In Photovoltaics Updated On Wed, Aug 28th, 2024 by Saurenergy Grew Energy Private Limited, a solar module manufacturing company, has announced a partnership with the Indian Institute of Technology, Bombay (IIT Bombay). The collaboration aims to advance innovation and excellence in photovoltaic technology, with a key focus on solar cell and module manufacturing, performance characterization, and reliability assessments. The two signed the Memorandum of Understanding […] Read more
SBI Caps Report Sees Avenues For Banks In Indian Solar Manufacturing Sector Updated On Tue, Aug 27th, 2024 by Saurenergy A recent report by SBI Caps has indicated new avenues for the formal banks in the country for financing solar module manufacturing projects. Bolstered with the expected rise in the production of solar cells, solar modules and other backward integration by domestic players, the report talked about a likely chance of increased participation of banks […] Read more
