Suzlon Reports 96% Surge In Net Profits In Q2 Updated On Mon, Oct 28th, 2024 by Saurenergy Indian wind turbine manufacturer Suzlon Energy today announced its financial results for the second quarter (Q2). It also announced the half-yearly (H1) results for the current fiscal year. The company in its results reported a surge in its profits and revenues on a yearly and half-yearly basis. The Maharashtra-based company reported a total profit of […] Read more
Oct 28: Mixed Performance For Green Stocks Updated On Mon, Oct 28th, 2024 by Saurenergy On a day when the markets finally reversed the downward trend, green stocks benefited broadly as well. the highlight of the day was no doubt the debut of Waaree energies limited, which listed at an over 50% premium and maintained that level by closing. Even that amazing start may have disappointed many observers who were […] Read more
AMPIN, Varroc Partner For Another Maharashtra Solar Project Updated On Mon, Oct 28th, 2024 by Saurenergy New Delhi-based renewable energy company AMPIN Energy Transition, today signed a transaction document with Varroc group for an additional 27 MWp solar power project in Maharashtra. This order follows the implementation of AMPIN’s initial solar projects in Maharashtra, Karnataka, Uttar Pradesh & Tamil Nadu. This new PPA marks a repeat order from Varroc Group, highlighting […] Read more
Public Capital and Solar Firms- Made For Each Other? Updated On Mon, Oct 28th, 2024 by Saurenergy What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […] Read more
Servotech Launches Micro & Hybrid Inverter, Solar Pump Controller & More Updated On Mon, Oct 28th, 2024 by Saurenergy Delhi-based Servotech Power Systems Ltd., a renewable energy solutions company, launched a series of new products in a recent ceremony. The company, which has had a strong track record in manufacturing electric vehicle charging stations and equipment is now on an aggressive drive to wider its product offerings. Raman Bhatia, Founder and MD of the […] Read more
Hybrid Inverter Makers Expect Good Days Ahead, Switches To Action Mode Updated On Mon, Oct 28th, 2024 by Saurenergy After the Ministry of New and Renewable Energy (MNRE) clarified the eligibility of hybrid inverters under the PM Surya Ghar scheme, solar inverter manufacturers in India are anticipating increased demand within the residential rooftop segment. Hybrid inverters, traditionally used in remote or weak-grid areas, allow consumers to maximize on-site solar power utilization. By utilizing energy […] Read more
Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy Updated On Mon, Oct 28th, 2024 by Saurenergy Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […] Read more
NTPC Plans To Develop 300 MW Solar Project, Issues Tender Updated On Mon, Oct 28th, 2024 by Saurenergy NTPC recently released a tender to develop a 300 MW ground-mounted solar project and terminal bay near the NTPC Anta substation. It is accepting bids until 5th December 2024. The bidder will be responsible for arranging the land for the solar project and for the design, engineering, manufacturing, transportation, storage, installation, and commissioning of the […] Read more
Solar’s IPO Rush: How Sustainable is it? | Saur Energy International Magazine Oct 2024 Updated On Mon, Oct 28th, 2024 by Saurenergy When people look back on the evolution of solar manufacturing in India, 2024 will be looked upon as a milestone year. For while much has happened in the previous two years to bring us to this turn, there is no doubt that 2024 will stand out for the way the capital markets welcomed solar firms. […] Read more
