India May Add 30 GW Of Renewable Capacities In 2024-25 Updated On Wed, Aug 14th, 2024 by Saurenergy India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […] Read more
India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL Updated On Wed, Aug 14th, 2024 by Saurenergy CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […] Read more
Change In FDRE Bidding Norms Can Aid RE Growth: EMBER Updated On Wed, Aug 14th, 2024 by Saurenergy EMBER recently released a policy paper highlighting the importance of changing the approach to bidding in the FDRE tenders to increase renewable energy (RE) capacity growth in India. It also stated that it’s unfair to make developers responsible for handling the unpredictable nature of renewable energy in contracts and that this should be rethought. EMBER […] Read more
Green Stocks August 13: Inox Wind Blows Away From the Pack With a 10% Jump Updated On Tue, Aug 13th, 2024 by Saurenergy On a day when the market dived, three green stocks stood out, namely, Adani Green Energy, Suzlon, and Inox Green, which was up a full 10%. Inox Wind in fact, is up 21% in the past month, while Suzlon is also up an even more impressive 47%. All the other stocks dropped, with Waaree and […] Read more
226 GW Of Module Shipments By Chinese Majors In H1 Of 2024 Updated On Tue, Aug 13th, 2024 by Saurenergy Taiwan based consulting and research firm Infolink has released its ranking report for H1 of 2024. According to Infolink, the top 10 Chinese module manufacturers shipped around 226 GW of modules in the first half of this year, up 40% YoY. However, the annual growth rate has begun to narrow and the rapid growth momentum […] Read more
Gensol Q1 Results- Revenues Up 105% at ₹297crores, Order Book At ₹5,025 Crore Updated On Tue, Aug 13th, 2024 by Saurenergy Gensol Engineering Limited, a prominent player in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions (BluSmart), today announced its consolidated and standalone financial results for the quarter ended June 30th, 2024 (Q1 FY25). Q1 FY25 Highlights: Total Revenue was ₹297 Crore for Q1 FY25 compared to ₹145 Crore in Q1 […] Read more
Avaada Signs MoU To Develop 2750 MW Of PSPs In Maharashtra Updated On Mon, Aug 12th, 2024 by Saurenergy Indian renewable project developer Avaada Group has now announced signing of a Memorandum of Understanding (MoU) with the Maharashtra government for the development of two Pumped Storage Projects (PSPs) with a combined capacity of 2,750 MW. This comes at a time when several leading companies in India like Adani Green, Greenko and others are showing […] Read more
Envision bags 116 MW Wind Turbine Deal From Blueleaf Energy Updated On Mon, Aug 12th, 2024 by Saurenergy Envision Wind Power Technologies India Private Limited has announced a major milestone by securing a 116 MW turbine supply agreement with Blueleaf Energy. This agreement involves the supply of 35 EN-156 3.3 MW turbines for a co-located wind-solar hybrid power project in Madhya Pradesh, set to commence construction in 2024 and complete by 2025. […] Read more
Growatt Launches 320kW-350kW Utility String Inverters Updated On Fri, Aug 9th, 2024 by Saurenergy Global energy solutions company Growatt has now launched its new utility string inverters ranging from 320kW to 350kW. The company said that the development of the ‘MAX 320~350KTL3-X’ by Growatt’s R&D team represents a breakthrough product poised to transform the global solar market. “This economically feasible solution is particularly advantageous for large-scale solar projects because […] Read more