Daily News Wrap up: NTPC Green To Issue IPO In The Price Band Of Rs 102 To Rs 108
Saur Energy International Magazine
Saur Energy International Is the most well read magazine on solar energy news and the energy transition in India
Exclusives
After much wait, the green energy arm of the NTPC Group-NTPC Green Energy Limited has planned to release its Initial Public Offering (IPO) in the price...
On a big day for green energy developers, one of the pioneering firms, Acme Solar finally listed on the bourses today. When we last checked, the...
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RENEWABLES ENERGY NEWS
Saatvik Partners With MSEDCL For Supplying 250 Solar Pumps
Indian solar module manufacturer Saatvik Green Energy has partnered with the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) to supply solar powered submersible pumps at 250 sites across the state. The high-efficiency pumps range from 3HP to 7.5HP enhancing water access and supporting irrigation....Read more.
SOCOMEC Appoints Devender Singh Manhas As Head – Commercial Supply Chain
Socomec, a Chennai-based global specialist in Low Voltage (LV) power management provider, has appointed Devender Singh Manhas as Head - Commercial Supply Chain for the Greater India market, effective immediately. Devender is an experienced operations management professional with a diverse background across all facets of...Read more.
Waaree RTL Sees Its O&M Biz Growing 2-3 Times From Next Year
Buoyed by the expertise and legacy of the Waaree Group, the EPC arm of the group Waaree Renewable Technologies Limited (RTL) now sees expansion of its Operations and Maintenance (O&M) business from next year onwards. The top management of the company in its latest investors...Read more.
Odisha Intends To Solarize Thermal Ash Pond With 50 MW Project
Odisha, in a bid to expand its renewable energy capacity from the current 606.87 MW (as of October 2024), is now planning to build a 50 MWAC grid-connected solar PV power plant on the earth-capped Ash Pond-B of the OPGC at Ib Thermal Power Station...Read more.
Starting Jan 1, China’s Grid to Prioritise Renewable Energy, By Law
China's first Energy law comes into effect on January 1, 2025, and promises to change the energy markets in many ways from the beginning. The law, meant to support the transition to green energy in an orderly way, among many other things, will introduce many...Read more.
US Investment Plan: Premier Energies To Wait For More Clarity On IRA
Indian solar module and solar cell manufacturer Premier Energies has now planned to buy more time on its investment plan in the United States (US). The firm, which has planned to start its solar cell production line in the US now wants more clarity on...Read more.
NVVN To Solarise Premises Of Assam Rifles In Northeast
NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited has now issued a tender seeking developers to develop rooftop solar projects for Assam Rifles. As per the plan, the entity will develop rooftop solar in 26 locations spread in different states of the...Read more.
COP29 Open Vaults For 1 GW Of Wind Farms For Uzbekistan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE's clean energy powerhouse, and the Ministry of Energy Uzbekistan have signed an agreement to develop a 1-gigawatt (GW) wind farm in the Mingbulak region of the country. The company said that this new wind farm...Read more.
Q3 2024: Australia Sees $3.3B New RE Projects, Surpasses 2023 Record
Australia saw strong renewable energy and storage investment in the third quarter (Q3) of 2024. According to the Clean Energy Council’s latest Quarterly Renewables Report. Australia added 1,405 MW of capacity ($3.3 billion) in new large-scale renewable generation projects during Q3 of 2024, exceeding the...Read more.
KERC Draft Aims To Achieve 1.5% Distributed RE Mandate Till 25
The Karnataka Electricity Regulatory Commission (KERC) has released a draft proposal aimed at encouraging the expedited procurement of renewable energy. It has invited comments from the stakeholders concerned on the proposal until November 27, 2024. Currently, the state has 8930.10 MW of solar, 6564.36 MW...Read more.
Are Indian Solar Module Makers Ready for ALMM For Solar Cells?
The Ministry of New and Renewable Energy (MNRE) in October 2024 released a draft proposal to include domestic solar cell production under its Approved List of Models and Manufacturers (ALMM), inviting responses from industry stakeholders. Soon after the announcement, a number of Indian module makers...Read more.
Q2: Borosil Renewables’ Exports Accounted For 13% Of Turnover??
Indian solar glass manufacturer Borosil Renewables claimed that the export sales of its solar glass products accounted for 13 percent of its total turnover in the latest quarter (Q2FY25). The company said that the share of its export sales has increased from the preceding quarter...Read more.
EV's & Storage News
BII, Norfund & IndiGrid Enter 300 Mn Partnership To Expand BESS Project In India
IndiGrid, a power sector infrastructure investment trust (InvIT), formed a new platform, EnerGrid in partnership with British International Investment (BII), UK’s development finance institution and impact investor, along with the Norwegian Climate Investment Fund, managed by Norfund. This platform focuses on developing greenfield transmission and...Read more.
Research Reports
India, SE Asia Host 15% Of Global Clean Energy Manufacturing Jobs: IEA
While most emerging and developing economies face structural barriers to attracting new clean energy manufacturing jobs, India and Southeast Asia have fared relatively well on this front, according to a latest report by the International Energy Agency (IEA). Clean energy manufacturing jobs in this region...Read more.