Suzlon Secures New Order Of 402 MW from Juniper Green Energy For The 3 MW series Updated On Wed, May 22nd, 2024 by Saurenergy Suzlon Group has announced new order wins for the development of 402 MW wind energy projects for Juniper Green Energy. Suzlon will install a total of 134 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW for both projects at the Suzlon proposed site at Fatehgarh […] Read more
AI’s Growing Energy Footprint: The Hidden Cost of Our Digital Future Updated On Wed, May 22nd, 2024 by Saurenergy It’s time to talk about Artificial Intelligence (AI), and its possible impact on the environment. Convenient as it may be, AI is an energy hog. A single ChatGPT query requires 2.9 watt-hours of electricity, compared with 0.3 watt-hours for a Google search, according to the International Energy Agency. At present, data centers worldwide consume 1-2% […] Read more
Are Green Stocks Struggling To Meet High Expectations Updated On Tue, May 21st, 2024 by Saurenergy On a day when heatwaves across the country and soaring power demand indicates a hot summer ahead, the focus was clearly on coal stocks, and not green energy stocks today. Consider how despite a dropping share of generation capacity, thermal’s share of actual generation has only been climbing, with power plants set to enjoy their […] Read more
UPERC Grants Compensation To SAEL For Increased GST Rates Updated On Tue, May 21st, 2024 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) in its latest judgement allowed compensation to SAEL Limited, a solar power generator. The company had earlier moved the state power regulator seeking compensation on account of increase in its project cost due to the rise of Goods and Services Tax (GST). The company had installed a 32 […] Read more
Sungrow, L&T In Deal For 165 MW PV Inverters, 760MWh Storage Systems In Saudi Updated On Tue, May 21st, 2024 by Saurenergy Sungrow, the global leading PV inverter and energy storage system provider, has forged a strategic partnership with Larsen & Toubro to supply 165MW PV inverters and 160MW/760MWh energy storage systems for AMAALA, a prestigious destination in Saudi Arabia. This collaboration aligns with Saudi Arabia’s Vision 2030 and China’s Belt and Road Initiative. This flagship project is developed and led […] Read more
Sterling and Wilson Renewable’s Shilpa Urhekar Joins Gensol as CEO Updated On Tue, May 21st, 2024 by Saurenergy Shilpa Urhekar, previously, the Country Head (India) at Sterling and Wilson Renewable Energy has joined Gensol Engineering Limited, which specialises in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions as its new Chief Executive Officer (CEO) for Solar EPC (India). Ms. Urhekar will succeed Ali Imran Naqvi who has been […] Read more
GST Rate Hike: CERC Orders Compensation To Ayana, Adani & Ostro Updated On Mon, May 20th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in three different cases ordered compensation to three different companies. The central regulator passed the order while hearing the pleas of the three firms related to ‘change of law’ events. These companies included-Ayana Renewable Power One Pvt Ltd, Adani Hybrid Energy Jaisalmer Three Limited and Ostro Kannada Power Pvt […] Read more
Orient Green Power To Raise Rs 250 Cr Through Equity Rights Issue Updated On Mon, May 20th, 2024 by Saurenergy Orient Green Power Company has announced its plans to raise up to Rs 250 crore through the issue of equity rights to its existing shareholders. The company further said in its regulatory filing that the issue of equity shares with a face value of Rs 10 each of the Orient Green Power Company is proposed […] Read more
Insolation Energy Reaps Gains With Record FY24 Numbers, Plans Expansion Updated On Mon, May 20th, 2024 by Saurenergy Rajasthan’s leading solar firm, Insolation Energy Limited (INA Solar), has announced impressive financial results for the fiscal year ending March 31, 2024. The company reported a turnover of Rs 741.32 crore, a substantial increase of 165% from the Rs 280.05 crore recorded in the previous fiscal year. Gross margins surged by 237%, reaching Rs 111.65 crore […] Read more
