Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL Updated On Fri, Feb 28th, 2025 by Saurenergy India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […] Read more
Saur Energy International Magazine February 2025 Updated On Fri, Feb 28th, 2025 by Saurenergy Read more
Fronius Launches ‘Reserva’, Its Battery Storage System Updated On Fri, Feb 28th, 2025 by Saurenergy Austrian solar energy firm Fronius, known mostly for its solar inverters until now, has launched the Fronius Reserva. The Reserva is Fronius’s own battery to go woth inverters and use in solar systems, for a range between 6.3 and 15.8kWh. “We believe in a future in which renewable energies cover 100 percent of the world’s […] Read more
First Solar Q4 Results Continue To Wait On India Surge, Ships 14.1 GW Worldwide Updated On Fri, Feb 28th, 2025 by Saurenergy First Solar, Inc. has announced financial results for the fourth quarter and year ended December 31, 2024. The US-based company’s net sales for the fourth quarter were $1.5 billion, an increase of $0.6 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. In an earnings […] Read more
Green Stocks Feb 27: No Respite As Slide Continues Updated On Thu, Feb 27th, 2025 by Saurenergy The pressure on mid and small cos. was amply captured across most Green energy stocks, as most shed further points today. Acme Solar was the lone exception, and that too by not much. A visit from the taxman at their offices proved to be especially costly for Waaree Energies and Waaree Renewable Technologies, as both […] Read more
As Solar Developers In China, India Face June Deadline, Module Supply, Prices To Tighten Updated On Thu, Feb 27th, 2025 by Saurenergy Read more
India Adds 35 GW Power in 2024, Solar Leads with 71% Share: Study Updated On Thu, Feb 27th, 2025 by Saurenergy India added nearly 35 gigawatts (GW) of power capacity in 2024, setting a new record for the calendar year. According to the GEM study, Solar photovoltaic (PV) capacity made up almost 25 GW (71%) of all additions across the power sector, a record annual capacity addition for any technology in India. Despite the strong year, […] Read more
Kinetic Green’s Losses Spurt 11X in FY24 As Revenue Dips 3% Updated On Thu, Feb 27th, 2025 by Saurenergy Electric vehicle manufacturer Kinetic Green faced significant financial strain in FY24, with losses increasing 11X due to rising expenses in advertising and employee benefits. Meanwhile, the Greater Pacific Capital-backed company’s revenue declined by 3% year-on-year. Kinetic Green’s revenue from operations decreased to Rs 291 crore in FY24 from Rs 301 crore in FY23, its consolidated […] Read more
Waaree Energies Pockets 410 MW Module Order From Aditya Birla Renewables Updated On Thu, Feb 27th, 2025 by Saurenergy Mumbai-based solar module manufacturer, Waaree Energies has won an order win from Aditya Birla Renewable Energy Limited (ABREL). The company will supply 410 MW of advanced N-Type TopCon, glass-to-glass bifacial solar modules, each rated at 585 Wp, to ABREL EPC Limited, a wholly owned subsidiary of Aditya Birla Renewables. Waaree has earlier shared an order […] Read more
