Will 7.5 GW Green Energy Auction Be a Game-Changer for Philippines? Updated On Fri, Feb 14th, 2025 by Saurenergy The Philippines’ Department of Energy (DOE) announced on Tuesday the successful completion of the 3rd Green Energy Auction (GEA-3), offering 7,500 megawatts (MW)—well above the 4,650 MW installation target. The auction aligns with President Ferdinand Marcos Jr.’s energy agenda, aimed at accelerating the shift to renewable energy (RE) and strengthening the country’s energy security and […] Read more
Clean Energy Financing: Are We Investing Enough? Updated On Wed, Feb 12th, 2025 by Saurenergy Finance plays a vital role in the global push for renewable energy. Over the past decade, clean energy investments have grown significantly, driving gigawatt-scale renewable capacity additions and supporting related sectors, particularly in Asia, the Middle East, Europe, and North America. However, much more needs to be done for countries to meet their renewable energy […] Read more
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
