RMC Switchgears Secures 41 MW Solar PV Project In Maharashtra Updated On Tue, Sep 17th, 2024 by Saurenergy RMC Switchgears today received an order to develop a 41 MW (AC) solar photovoltaic power project in Maharashtra. RMC Switchgears received a contract from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the solar photovoltaic power project in the RESCO model. The project will be executed under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, […] Read more
Re-Invest 2024- Firms Parade 480 GW Capacity Addition Plans Updated On Tue, Sep 17th, 2024 by Saurenergy At the fourth edition of Re-invest 2024, you might be tempted to believe that India’s renewable energy targets are as good as met. At least, going by the line up of firms queuing up to make their commitments public. In a spectacle suitably titled ‘Shapath Patra’ or agreements signed at the event, firms made the […] Read more
Green Stocks Sep 16: Adani Green Shines Bright, Most Stocks Subdued Updated On Mon, Sep 16th, 2024 by Saurenergy On a day that clearly belonged to Adani Green, India’s largest green energy developer rose over 7% to levels the stock hasn’t seen for a while. The trigger was the award of an LOI (along with group firm Adani Power, which also rose ) for supply of 6600 MW of power to Maharashtra, with a […] Read more
Solar Pump Maker Solartive Seeks A National Opportunity Updated On Mon, Sep 16th, 2024 by Saurenergy Fayyaz Ashraf,33, Director at Solartive is a man in hurry. Five years after he formally pushed into the solar water pump business, he has taken the small, Ranchi-registered firm through a massive transformation from hometown Chatra in Jharkhand, to the state capital Ranchi. The change has meant a transition from a basic 4×8 small shop […] Read more
Adani Group Secures a 6.6 GW Solar,Thermal deal with MSEDCL Updated On Mon, Sep 16th, 2024 by Saurenergy Adani Green Energy Limited (AGEL), India’s leading renewable energy provider, and Adani Power Limited (APL), the largest private thermal power producer in the country, have announced a new agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL). This deal will provide Maharashtra with a total of 6.6 GW of energy from both solar and thermal […] Read more
Green Stocks Sep 13: Another Strong Week Despite A Wobble In Adani Green Energy Updated On Fri, Sep 13th, 2024 by Saurenergy This week closed with a broadly positive end for the green stocks pack, with even new entrant Premier Energies closing over 100% above its listing price of 450 a week back, despite the losses this week. Sterling and Wilson Renewable Energy (SWREL) posting a 3.00% increase in stock price. Waaree Renewables, KPI Green Energy, JSW […] Read more
EIB, Development Bank Of Southern Africa Grant €600 Mn To Private RE Sector Updated On Fri, Sep 13th, 2024 by Saurenergy The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have further boosted their support for renewable energy projects in the private sector, aiming to increase clean energy generation while supporting new jobs. A € 100 million (ZAR 1.98 billion) loan from the EIB, matched by the DBSA, comes in addition to […] Read more
President Approves VGF Scheme For 1 GW Offshore Wind Projects Updated On Fri, Sep 13th, 2024 by Saurenergy President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […] Read more
SECI Issues Fresh FDRE Tender For 8 GWh (2GW x 4 hours) Updated On Fri, Sep 13th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has announced a Firm and Dispatchable Renewable Energy (FDRE) tender for peak supply totaling 8,000 MWh (2,000 MW x 4 hours). The project will be developed on a Build Own Operate (BOO) basis. SECI intends to sign a Power Purchase Agreement (PPA) with the successful bidders for a […] Read more
