Wind Industry Creates New Record In 2024 Despite Instability: GWEC Updated On Wed, Apr 23rd, 2025 by Saurenergy The Global Wind Energy Council’s flagship Global Wind Report released today shows that 2024 was a record year for new capacity, with 117 GW of wind energy installed across the world. However, GWEC warned of increasing policy instability in some markets, and pointed to the need to improve permitting, grid transmission and auctioning mechanisms to […] Read more
Green Stocks April 22: In A rising Market, Green Stocks Slip Up Updated On Tue, Apr 22nd, 2025 by Saurenergy Even as markets surprised with a positive closing, especially the small cap and mid cap indices, Green stocks in our pack struggled to hold on to gains. The exceptions of course were the two solar and cell manufacturers, Premier Energies and Waaree Energies, The latter especially seemed to have real momentum behind it, as news […] Read more
May 20 Could Open A Bigger Door For Indian Solar Exporters To US Updated On Tue, Apr 22nd, 2025 by Saurenergy On May 20, the International Trade Commission of the US (ITC) will give its final determination of tariffs to be applied on solar imports from South East Asia. The ITC has already made an in-principle determination that imports from these markets are harming US producers. These enhanced tariffs will target Vietnam, Cambodia, Malaysia and Thailand, […] Read more
UP Plans 500 MW Of New Rooftop Solar Projects Under RESCO, Issues Tender Updated On Tue, Apr 22nd, 2025 by Saurenergy The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender for 500 MW of solar projects to be implemented under the Renewable Energy Service Company (RESCO) model. The state nodal agency plans to install grid-connected rooftop solar systems on government and semi-government buildings across various regions of the state. The projects […] 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
Adani Ends Up With 8534 MW From Mfg. Linked Tender, Azure Left With 1667 MW Updated On Mon, Apr 21st, 2025 by Saurenergy In a petition before the Central Electricity Regulatory Commission (CERC) where the commission finally stayed away from any comment or order, SECI has allocated 8534 MW out of the total 12000 MW to Adani Green, while Azure Power, which had won 4000 MW in comparison to Adani’s 8000 MW in the same tender, has been […] Read more
ReNew Inaugurates 1.3 GWp Rajasthan Solar Project Updated On Fri, Apr 18th, 2025 by Saurenergy ReNew, has inaugurated its 1.3 GWp capacity solar project in Jaisalmer, Rajasthan, Unveiled by the Minister of New and Renewable Energy, and Minister of Consumer Affairs, Food and Public Distribution, Pralhad Joshi, in the presence of the Rajasthan Chief Minister, Bhajan Lal Sharma. This project uses 100% Made-by-ReNew solar panels, with 90% manufactured in Rajasthan […] Read more
Update: Rayzon Solar’s Pre IPO Round Attracts $16.2 Million Updated On Fri, Apr 18th, 2025 by Saurenergy An earlier version of this story mentioned Sachin Tendulkar as an investor in Rayzon Solar’s maiden funding round, based on details from the company’s regulatory filing (MGT-14). However, the latest filing (PAS-3) does not show any share allotment to Tendulkar. Accordingly, we have updated the story and removed his name. Solar panel manufacturer Rayzon Solar […] Read more
We Aim To Make Solar Biz Simple & Effective: Nishant Sood Updated On Thu, Apr 17th, 2025 by Saurenergy Tell us about your journey. How do you transition from a finance background to the solar industry? Nishant Sood: I’m a mechanical engineer by background—I graduated from IIT in the early 2000s, followed by an MBA in finance. It was a fairly typical path: IIT, then IIM, and straight into investment banking. I graduated from […] Read more
