Welspun To Infuse Rs 13,500cr For Boosting RE Energy In Odisha Updated On Wed, Feb 5th, 2025 by Saurenergy Renewable energy company Welspun New Energy has now planned to infuse around Rs 13,500 crore in Odisha for boosting renewable energy projects in the coastal state. The company has planned to boost the growth of Pumped Hydro Storage (PHP) projects and floating solar projects in the state. The company recently signed a Memorandum of Understanding […] Read more
Australia Risks 12-18 GW Renewable Gap Due To Slow Investment, Study Finds Updated On Mon, Feb 3rd, 2025 by Saurenergy Australia has run into plenty of problems regarding its solar capacity. 2024 saw the continuing issue of curtailments as solar was regularly oversupplied to a grid run on baseload coal and gas power. The rush to build large batteries has helped, but not enough clearly. The National Electricity Market (NEM) is stalling investment in Australia’s […] Read more
Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth Updated On Thu, Jan 30th, 2025 by Saurenergy Issues linked to Domestic Content Requirements (DCR) mandates in solar projects appear to be reaching a head for solar developers in India. The mandate, which enforces use of only DCR cells and modules for almost all solar projects in India with exemptions only for select categories, has been causing a lot of heartburn in the […] Read more
Q3 Results: Sterling & Wilson Profit Up By 127% On YoY Updated On Thu, Jan 16th, 2025 by Saurenergy Indian renewable energy company Sterling and Wilson (SW Solar or SWREL) today announced its financial results for the third quarter (Q3) of FY25, alongside a report for the first nine months of the fiscal year. 127% Surge in Net Profits The company’s consolidated financial results revealed a significant 127% increase in net profits on a […] Read more
IREDA Sanctions Up 129% In Q3, Disbursements Rise 41% Updated On Thu, Jan 2nd, 2025 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has reported strong growth for the December 31, 2024 quarter. As per provisional figures, IREDA sanctioned loans worth ₹31,087 crore in third quarter, marking a 129% year-on-year (Y-o-Y) growth compared to ₹13,558 crore in the corresponding period last year. Loan disbursements also witnessed significant growth, increasing by 41% […] Read more
Top 5 Trends Shaping the Global Wind Power Industry in 2025 Updated On Tue, Dec 31st, 2024 by Saurenergy The year 2025 is expected to witness the record growth of renewable energy following the uptick in wind power market from the preceding year. Going by the trends in motion, the global wind energy capacity addition is set to double and reach over 700 GW by as early as 2028, compared to 2022 levels. New […] Read more
Odisha: IREDA Has Sanctioned Over Rs.3,000 Cr For Green Energy Projects Updated On Tue, Dec 24th, 2024 by Saurenergy Pradip Kumar Das, Chairman and Managing Director (CMD), Indian Renewable Energy Development Agency Limited (IREDA) reaffirmed its commitment to Odisha’s ambitious renewable energy target. The CMD emphasized the state’s vision of achieving 10 GW capacity by 2030. Highlighting its support, the Indian Renewable Energy Development Agency Limited (IREDA) has already sanctioned over Rs. 3,000 crores […] Read more
Inox Wind Wins 60 MW Order From Serentica For Karnataka Project Updated On Wed, Dec 18th, 2024 by Saurenergy Inox Wind Limited (IWL), a wind energy solutions provider, today announced bagging a 60 MW order from Serentica Renewables (Serentica), a commercial and Industrial (C&I) focused renewable energy company in India. This order is to supply 3 MW class turbines and will be delivered within H1 CY25. Additionally, IWL will provide multi-year post-commissioning Operations and […] Read more
Serentica Plans 10 GW Of Renewable Projects In Rajasthan Updated On Fri, Dec 6th, 2024 by Saurenergy Indian renewable energy company Serentica Renewables plans to announce a ₹50,000 crore investment to develop 10 GW of renewable energy capacity in Rajasthan. This announcement is expected with Serentica’s participation in Rising Rajasthan 2024, an event highlighting the state’s growth potential and investment opportunities. With this investment, Serentica aims to progress Rajasthan’s transition to clean […] Read more
