DVC Invites Bids For 250 MW/500MWh BESS Project In Jharkhand Updated On Tue, Apr 22nd, 2025 by Saurenergy Damodar Valley Corporation (DVC) has issued a tender for the development of a 250 MW / 500 MWh Battery Energy Storage System (BESS) project at Maithon in Jharkhand. The selected battery energy storage system developer (BESSD) will be responsible for engineering, procurement, and construction (EPC) activities, as well as the operation and maintenance of the […] Read more
GUVNL Awards 500MW/1000MWh BESS Projects At 2.80 Lac/MW/Month Updated On Mon, Apr 21st, 2025 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has awarded its latest 500MW/1000MWh Battery Energy Storage System (BESS) projects to Solarworld Energy Solutions Limited and HG Infra Engineering Ltd at tariffs ranging from ₹2.80 lakh to ₹2.85 lakh per MWh per month. The newly discovered tariffs are about 25% lower than the previously discovered L1 rate of […] Read more
Green Stocks April 21: Suzlon Steals The Show Updated On Mon, Apr 21st, 2025 by Saurenergy On a day when the markets had another exuberant day, green energy stocks were relatively subdued, with some even declining against all odds. The declining stocks, NTPC Green and Borosil Renewables, were more than offset by a strong day for Suzlon, Inox Wind, and EOC firms Sterling and Wilson Renewables and Shakti Pumps. Suzlon’s sharp […] Read more
Green Stocks April 17: Mixed Day With News Based Movements Updated On Thu, Apr 17th, 2025 by Saurenergy On a day when the nifty comfortably outshone the small cap and mid-cap indices, most of our green stocks that belong to the latter two categories followed the same pattern. While EPC firms continued their momentum from yesterday led by Waaree RTL and Sterling and Wilson Renewable energy, giving them company were solar manufacturers Premier […] Read more
European RE PPA Market Adds 19 GW New Capacity In 2024 Updated On Thu, Apr 17th, 2025 by Saurenergy The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report. The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […] Read more
Zelestra India appoints Prashant Kumar as Chief Financial Officer Updated On Thu, Apr 17th, 2025 by Saurenergy Zelestra, a global renewable energy with a portfolio of over 29 GW clean energy projects across 13 countries has announced the appointment of Prashant Kumar as Chief Financial Officer for its India Business Unit, effective immediately. Prashant will report directly to Sajay KV, CEO and will oversee all financial operations for India. This strategic appointment […] Read more
Green Stock April 16: Caution Rules, Mostly Updated On Wed, Apr 16th, 2025 by Saurenergy After the sharp rise we saw yesterday, the markets were a lot more cautious today. Thus, despite a modest rise in the indices, most green energy stocks trailed in terms of gains, or even gave up some gains made yesterday. There is a clear flight to size as we can see now, with one of […] Read more
Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY Updated On Wed, Apr 16th, 2025 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […] Read more
Bigger & Faster – South India’s Renewable Comeback Updated On Wed, Apr 16th, 2025 by Saurenergy South India, which heralded some of the earliest large-scale solar and wind projects in the country, is now further expanding its clean energy footprint. Again, one could say that some of India’s most notable renewable achievements came from the region before 2020. From the then-largest solar plant at Kamuthi in Tamil Nadu with a 648 […] Read more