Merchant Power Firms Add Risk Amid Cooling Prices, Early Monsoons: SBI Caps Updated On Wed, Jul 2nd, 2025 by Saurenergy Merchant power producers in India may face increasing financial pressure as erratic cooling demand, driven by weather volatility, disrupts traditional consumption patterns, according to a new report by SBI Capital Markets (SBI CAPS). The report, titled “Merchant Power – Can It Handle Bouncy Cooling Demand?”, highlights that power demand in the first quarter of FY2025-26 […] Read more
SECI Crosses 60 GW Milestone in Power Sale Agreements Updated On Tue, Jul 1st, 2025 by Saurenergy The Solar Energy Corporation of India Limited (SECI), a Navratna Central Public Sector Enterprise under the Ministry of New and Renewable Energy, has successfully executed over 60 Gigawatts (GW) of Power Sale Agreements (PSAs) for renewable energy (RE) capacity, it said. A SECI statement said, “This achievement marks a pivotal step in the nation’s progress […] Read more
July 1: Green Stocks Seek Direction Updated On Tue, Jul 1st, 2025 by Saurenergy With Q1 finally behind the pack, it was obvious that, much like the market, green stocks would also be seeking direction going ahead. A key factor will be the India-US trade agreement, if it is announced, even an abridged version as indicated, in the next two weeks. One feels the whole market will let out […] Read more
CleanMax, Toyota Tsusho To Supply 300 MW RE To Japanese Firms In India Updated On Tue, Jul 1st, 2025 by Saurenergy CleanMax, a Brookfield-backed company, and Toyota Tsusho India Private Limited (TTIPL) have entered a long-term partnership. TTIPL, a subsidiary of Toyota Tsusho Corporation, Japan, and a member of the Toyota Group’s new partnership entity, aims to leverage synergies between both companies to develop and operate 300 MW of renewable energy projects for corporations by March […] Read more
Maharashtra’s New Tariff Order Likely to Hit C&I Solar Profitability Updated On Tue, Jul 1st, 2025 by Saurenergy The latest MYT tariffs approved by the Maharashtra Electricity Regulatory Commission (MERC) are likely to reduce the profitability of solar power for commercial and industrial (C&I) consumers. The new tariffs and regulatory changes may limit the savings potential for users of both rooftop solar and green energy through open access. This concern arises from changes […] Read more
SJVN Green Operationalizes 100.25 MW Of Bikaner Solar Project Updated On Tue, Jul 1st, 2025 by Saurenergy SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN, has achieved commercial operation of a 100.25 MW segment out of its 1,000 MW Bikaner Solar Power Project as of June 30, 2025, the company said in a regulatory filing. The total capacity under commercial operation now stands at 501.02 MW, with the remaining […] Read more
EXCLUSIVE: Why Solar Manufacturers Are Heading To Odisha? Updated On Tue, Jul 1st, 2025 by Saurenergy India’s solar manufacturing sector is undergoing a once-in-a-generation transition. From a token few GWs of domestic module capacity and less than a GW of cell-making capacity a decade back, the sector is remaking itself. There are over 100 domestic solar module manufacturing companies with a capacity of over 120 GW today, and more to come. […] Read more
Green Stocks June 30: Most Stocks End Month With A Flourish Updated On Mon, Jun 30th, 2025 by Saurenergy As Q1 drew to a close today, most of the green stocks trended up, with Waaree Energies leading the charge on the back of its 540 MW order win announced after market hours on Friday last. The order win, in the US market, was seen as further proof that the company is well hedged from […] Read more
Geothermal Investment Surges 85% in Q1: Wood Mackenzie Updated On Mon, Jun 30th, 2025 by Saurenergy Investment in North America’s geothermal sector surged to a record US$1.7 billion in the first quarter of 2025, marking an 85% increase over the full-year total for 2024, driven by breakthrough technologies that expand geothermal potential beyond traditional locations, Wood Mackenzie said in a report on Monday. The energy consultancy’s latest Geothermal Market Update highlights […] Read more