Financial Results: Shakti Pumps Reports Stunning Profits In Q1 Updated On Sat, Jul 20th, 2024 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Limited (SPIL) has now published its financial results for the first quarter (Q1) for the financial year 2024-25 ending June 30. The Madhya Pradesh-based renewable energy company has reported an increase in its net profit on a Year-On-Basis (YoY). The financial results revealed that the company’s revenue increased […] Read more
Green Stocks July 19: Market Plunges Ahead Of Budget Announcement Updated On Fri, Jul 19th, 2024 by Saurenergy In the stock market today, ahead of the budget announcement, stock prices of all green companies went down. Among all, Borosil renewables dropped the most facing a 5.47% dip. This is followed by KPI Green Energy and Sterling and Wilson Renewable Energy whose stock price went down by 5% and 4.99% respectively. Company name Closing […] Read more
KPI Green Gets 100 MW Hybrid Project From Aether Industries Updated On Fri, Jul 19th, 2024 by Saurenergy KPI Green Energy Limited recently received a new order for a 100 MW hybrid captive solar power project under the captive power producer (CPP) segment from Aether Industries Limited. Aether Industries Limited is a chemical manufacturer in India focused on producing intermediates and chemicals involving complex and differentiated chemistry and technology core competencies. The projects […] Read more
Budget 2024: CareEdge Ratings Bats For More Support For Renewables Updated On Fri, Jul 19th, 2024 by Saurenergy CareEdge Ratings in its latest report on Budget expectations talked about the need to reduce the Goods and Services tax (GST) on renewable energy components upto 5 percent to boost the sector. This comes days before the announcement of the Union Budget by Finance Minister Nirmala Sitharaman. CareEdge in its report talked about the need […] Read more
Rooftop Solar: MNRE To Incentivize Discoms For Performance Updated On Fri, Jul 19th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now decided to incentivize the power distribution companies (Discoms) in the country for their good performance in the rooftop solar business. The ministry also issued a set of guidelines on the same under the PM Surya Ghar scheme to bring a clarity on the incentivization intervention. […] Read more
Global Battery Demand Can Quadruple To 4,100 GWh By 2030, Says Report Updated On Fri, Jul 19th, 2024 by Saurenergy Global battery demand is expected to quadruple to 4,100 gigawatt-hours (GWh) between 2023 and 2030 as electric vehicle (EV) sales continue to rise. As a result, OEMs must hone in on their battery strategies, according to a new report by Bain & Company. Over 250,000 electric cars were sold globally every week in 2023, more […] Read more
HPPCL Issues Tender For 13 MW Solar Project In Solan Updated On Fri, Jul 19th, 2024 by Saurenergy The Himachal Pradesh Power Corporation Limited (HPPCL) has now released a tender seeking bids to set up a 13 MW (AC) solar project in Sanerh, Solan in Himachal Pradesh. HPPCL invited bids to design, supply, and construct the project which is expected to be completed in the next eight years. The last date and time […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
IEA Task Force Develops BIPV Toolkit To Make Evaluation Simpler Updated On Fri, Jul 19th, 2024 by Saurenergy One of the more obvious, but less appreciated fact about the world in 2050 is that possibly 60% of the building stock of 2050 is yet to be built. For Solar, that figure might be closer to 80% or more for 2035. That makes a case for evaluating new technologies and their impact with a […] Read more
