Tata Power Results In Line With Expectations, Q4 Profits Up 18% Updated On Wed, May 8th, 2024 by Saurenergy Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24 Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […] Read more
Green Stocks- High Fliers Hit A Wall, While Others Seek To Recover Losses on May 8 Updated On Wed, May 8th, 2024 by Saurenergy Our Green Energy stock pack endured a tough day at the markets, as some of the biggest high fliers, notably Waaree Renewable Technologies, KPI Green and Shakti Pumps hit the lower circuit today. Jining them was JSW energy, that was down over 4% after its Q4 results. The outlier was Sterling and Wison Renewable Energy, […] Read more
UK’s DG Innovate Forms JV With EVage Motors For Making E-Trucks In India Updated On Wed, May 8th, 2024 by Saurenergy UK-based sustainable mobility and energy storage company DG Innovate has entered into a joint venture with EVage Motors, the electric truck company in India. The JV will allow DGI to pursue a faster, lower-cost route to high-precision manufacturing in India, materially growing its market share in the critical Asian market and giving EVage Motors’ customers […] Read more
Technical Glitches In PM Surya Ghar Portal Delay Rooftop Solar Projects Updated On Wed, May 8th, 2024 by Saurenergy The much-hyped national scheme for residential rooftop solar-PM Surya Ghar: Muft Bijli Yojana is now struggling temporarily on the technical front. For the last few weeks, the vendors involved in the installation of these projects and giving an impetus to the government scheme have been struggling. Several of them have complained internally and also spoke […] Read more
Polaris Receives 7,700 Cr. Order To Deploy Smart Meter In India Updated On Wed, May 8th, 2024 by Saurenergy Polaris has been awarded a Rs. 2,246 crore contract to install 2.2 million smart meters in West Bengal. Their project aims to reduce losses for DISCOMs and empower consumers by introducing smart prepaid meters. With this order, Polaris has closed orders of over INR 7,700 Crores across the geographies of Uttar Pradesh, West Bengal, Manipur, […] Read more
Will CATL’s Zero Degradation Battery Deliver On Its Promises? Updated On Wed, May 8th, 2024 by Saurenergy Contemporary Amperex Technology Co., Limited (CATL), the world’s largest Li-ion battery manufacturer announced the launch of TENER last month in Beijing, China. The all-new TENER is dubbed as the world’s first mass-producible energy storage system with zero degradation. In addition, the storage system will also come with a considerable increase in capacity of energy storage. […] Read more
PM Surya Ghar: National Roofop Solar Vendors To Submit BGs Worth Rs 25L Updated On Wed, May 8th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest memorandum has proposed a bank guarantee worth Rs 25 lakh for rooftop solar vendors. This is meant to be for the vendors who want to get registered with the National Rooftop Portal as a ‘National Vendor’. This comes at a time when the installation […] Read more
India Overtakes Japan To Become World’s 3rd Largest Solar Power Generator Updated On Wed, May 8th, 2024 by Saurenergy India’s growth in solar generation in 2023 pushed the country past Japan to become the world’s third-largest solar power generator, according to a report by global energy think tank Ember. It has climbed from ranking ninth in 2015. The Global Electricity Review provides the first comprehensive overview of the global power system in 2023 based […] Read more
German, French Investment Groups Form JV for 500MW Projects in Germany Updated On Wed, May 8th, 2024 by Saurenergy The German renewables investor and asset manager Aream Group and Eiffel Investment Group, represented by the Eiffel Transition Infrastructure Fund have formed a joint venture with an aim to develop clean energy projects in Germany. The joint venture will develop numerous projects in the fields of photovoltaics and batteries in the coming years. Eiffel will […] Read more
