Green Stocks React To Results, News Updated On Tue, May 28th, 2024 by Saurenergy Green energy stocks continue to react strongly to every bit of news. Thus, even as every EPC from Shakti Pumps to KPI to Sterling and Wilson Renewable fell, Waaree Renewable rose as management expressed strong optimism on the coming year. Solar glass maker Borosil Renewables stayed in losses, and the stock was duly marked down […] Read more
Maxvolt Energy Secures USD 1.5 Mn From Angel Investors Updated On Tue, May 28th, 2024 by Saurenergy Maxvolt Energy Industries, a Noida-based lithium battery manufacturer, and battery pack supplier for electric vehicles, energy storage systems, and medical devices raised 1.5 million USD in funding from multiple angel investors. This capital infusion will support Maxvolt Energy’s plans to advance sustainable energy solutions and strengthen its market position by introducing fast-charging lithium-ion batteries soon. […] Read more
Saft Uses Nickel Technology In Backup Batteries For J&K Rail Tunnels Updated On Tue, May 28th, 2024 by Saurenergy Saft, a subsidiary of TotalEnergies, delivered backup batteries for critical safety systems in tunnels along a new stretch of the Udhampur-Srinagar- Baramula Rail Link (USBRL). This battery is used between Banihal and Sangaldan towns in the Kashmir valley. Prime Minister Narendra Modi opened the new section of the USBRL in February 2024, laying importance on […] Read more
BluSmart To Raise $300 Mn In Next 3 Years, To Expand Fleet: Report Updated On Tue, May 28th, 2024 by Saurenergy Electric Car operator BluSmart has announced it is planning to raise more than $300 million in three years with an aim of expanding its fleet by including thousands of electric cars. According to several media reports, the company aims to increase its fleet of electric vehicles to take on the likes of Uber and Ola. […] Read more
Iron Air Battery Maker Form Energy Might Have a Solution For Steel Emissions Updated On Tue, May 28th, 2024 by Saurenergy De-carbonization is one of the key goals of the green movement and has been one of the toughest challenges to solve for the past few decades. And it looks like it’s been solved. In a completely accidental find, Form Energy, a green battery company discovered a solution to cleaning up the iron and steel industry. […] Read more
Adani Solar Signs MoU With Almiya Group, To SetUp 225 MW Solar Farm In Kerala Updated On Tue, May 28th, 2024 by Saurenergy Adani Solar, the solar PV manufacturing arm of the Adani Group has announced that it has signed a Memorandum of Understanding (MoU) with the Kochi-based Almiya Group. The company is a well-known solar distributor, to solidify its presence in the region. Adani Solar also laid out the plan to build a 225 MW solar power […] Read more
Waaree Renewable Geared For Much Higher Volumes if Required Updated On Tue, May 28th, 2024 by Saurenergy Waaree Renewable technologies Limited, the listed EPC arm of the Waaree Group, has been on a tear in the past 12 months. Revenue for full year FY24 stood at Rs 876.44 crores, representing a growth of 149% YoY as compared to Rs 350 crores in FY23. EBITDA for FY24 stood at Rs 207 crores as […] Read more
Hitachi Energy To Build HVDC Link To Connect Tasmania To Mainland Grid In Australia Updated On Tue, May 28th, 2024 by Saurenergy Marinus Link Pty Ltd (MLPL) has selected Hitachi Energy to supply a high-voltage direct current (HVDC) project, which will augment the connection between mainland Australia and Tasmania’s grid. The approximately 345-kilometer cable route HVDC system will enable the flow of renewable power in both directions between the Victorian and Tasmanian states. For the first time […] Read more
Recyclekaro Among 4 Lithium-ion Battery Recyclers Registered On India’s EPR Portal Updated On Tue, May 28th, 2024 by Saurenergy Recyclekaro, a leading e-waste and lithium-ion battery recycling company, has announced its registration on the government’s Extended Producer Responsibility (EPR) portal for e-waste recycling. As a lithium-ion battery recycling industry player, Recyclekaro joins Lohum Cleantech, Attero, and LICO Materials as one of the four registered lithium-ion battery recyclers, reinforcing its commitment to sustainable e-waste management. […] Read more