CERC Issues Draft Guidelines For Boosting Virtual PPAs Updated On Fri, May 23rd, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC) has released draft guidelines for Virtual Power Purchase Agreements (VPPAs), aiming to support the country’s renewable energy push by offering a market-based tool for meeting clean energy targets. The proposed rules, issued in May, outline a framework to enable designated consumers to fulfill their Renewable Consumption Obligations (RCOs) without […] Read more
India Can Avoid New Coal as Renewables Surge: CREA Updated On Fri, May 23rd, 2025 by Saurenergy India may not need to build new coal power plants to meet future electricity demand, thanks to record growth in renewables and underutilised thermal capacity, a new report by the Centre for Research on Energy and Clean Air (CREA) said Thursday. According to CREA, 32.3 gigawatts (GW) of coal-fired capacity is currently under construction, and […] Read more
May 22- Results, Prospects Support Green Stocks On A Down Day Updated On Thu, May 22nd, 2025 by Saurenergy Strong results from NTPC Green powered up the green energy developer on a day when the markets corrected. Acme Solar, which had also failed to carry its gains yesterday, made yet another attempt to rise, and rose appreciably, as the markets digested the good numbers from the firm as well. Even SME listed Alpex solar […] Read more
BESS Installs In Europe Grow 15% In 2024, Future Growth Expected To Jump Updated On Thu, May 22nd, 2025 by Saurenergy Europe experienced another year of record installations for battery storage, despite slower year-on-year growth, according to the European Market Outlook for Battery Storage by Solar Power Europe. Europe installed 21.9 GWh of battery energy storage systems (BESS) in 2024, marking the eleventh consecutive year of record installations, and bringing Europe’s total battery fleet to 61.1 […] Read more
Reversal of Empire Wind Decision Raises Hopes for Offshore Wind Again Updated On Thu, May 22nd, 2025 by Saurenergy The reversal of a month-old stop-work order on Empire Wind by the Trump administration has raised hopes that a more accomodative stance to renewable energy might be possible even with the blatantly resistant Trump administration. The $5 billion wind farm project off the coast of New York, has been allowed to proceed now, subject to […] Read more
5 Reasons For Fall in RE Tenders and Awards in 2025 (And How To Course Correct) Updated On Thu, May 22nd, 2025 by Saurenergy India has long positioned itself as a global leader in renewable energy (RE) growth, driven by ambitious targets, investor interest, and a strong policy push. However, as we step into mid-2025, a worrying trend has emerged. There has been a significant drop in renewable energy tenders and awards, particularly in solar and wind segments. According […] Read more
NTPC Green Q4 Profit Jumps 188% on Strong Revenue Updated On Wed, May 21st, 2025 by Saurenergy NTPC Green Energy Ltd., a subsidiary of India’s largest power generator, reported a more than three-fold jump in its fourth-quarter net profit, buoyed by robust revenue growth and operational efficiency. For the quarter ended March 31, 2025, the company posted a consolidated net profit of ₹233.21 crore, up sharply from ₹80.95 crore in the same […] Read more
Green Stocks May 21: NTPC Green Stock Prices Up Amid Results Updated On Wed, May 21st, 2025 by Saurenergy NTPC Green, the green arm of NTPC, today witnessed the highest rise in its stock price amid all green stocks we analyse every day. This coincided with the announcement of NTPC Green’s financial results. On the other hand, India’s renewable energy stocks closed on a mixed note Tuesday, with notable gains in select counters offset […] Read more
India Faces Energy Trilemma Amid Coal & Transition Push: S&P Global Updated On Wed, May 21st, 2025 by Saurenergy India is set to see a sharp rise in energy demand over the next two decades, with coal continuing to play a dominant role despite growing momentum in the clean energy transition, S&P Global Commodity Insights said Tuesday in a note following its Outlook 2025 media roundtable. India’s energy landscape is shaped by a threefold […] Read more