Green Stocks August 2: Shakti Pumps, Suzlon And KPI Green Stand Out On A Tough Day For Stock Markets Updated On Fri, Aug 2nd, 2024 by Saurenergy As the market slipped over 1%, a number of green energy stocks survived the day with gains. If that doesn’t give you an indication of the outlook for this sector, then consider how Suzlon and Shakti Pumps both rose to hit almost the upper circuit of 5%. While Suzlon gained after a positive outlook for […] Read more
Arctech Grows With 131% In Global Solar PV Tracker Market Updated On Fri, Aug 2nd, 2024 by Saurenergy Global solar tracker company Arctech has now emerged as the only company among the world’s top 5 solar tracker suppliers to achieve an annual growth rate of 131%, according to the 2024 Global PV Solar Tracker Market Share Report published by Wood Mackenzie, the firm said today. Arctech is a provider of solar tracking, racking, […] Read more
CEA Expedites PSP Approvals, Sets To Develop Two New Projects Updated On Fri, Aug 2nd, 2024 by Saurenergy To ensure the rapid commissioning of Hydro Pumped Storage Projects (PSP), the Central Electricity Authority (CEA) has granted concurrence to two projects: the 600 MW Upper Indravati project in Odisha, developed by OHPC Ltd (a Government of Odisha Undertaking), and the 2000 MW Sharavathy project in Karnataka, developed by KPCL (a Government of Karnataka Undertaking). […] Read more
Adani To Commission 1GW Of New Wind Capacities In FY25 Updated On Fri, Aug 2nd, 2024 by Saurenergy Adani Green is now planning to add 700 MW of new wind energy capacities in the current financial year. This comes after the Indian renewable energy company commissioned 250 MW of wind energy capacities at its Khavda renewable part recently. With this, the company’s is likely to add a total of 1 GW of new […] Read more
Q1 Results: Nextracker Reports 50% Revenue Growth On YoY Updated On Fri, Aug 2nd, 2024 by Saurenergy Global solar tracker company Nextracker announced its financial results for Q1 of the fiscal year 2024-25. The company reported a 50% increase in revenues on a year-over-year (YoY) basis. For FY25, Nextracker provided its full-year outlook, in which it made a revenue between $2.8 billion and $2.9 billion. The company also gained a GAAP net […] Read more
Co-located Solar & BESS To Reduce Power Shortages: Report Updated On Fri, Aug 2nd, 2024 by Saurenergy A latest report from the India Energy Climate Center (IIEC) said that co-located solar and battery energy storage system (BESS) deployment can help India avoid the likely electricity shortages in the years to come. The public policy think tank at the University of Berkeley, also stated in its report that due to the rapid electricity […] Read more
Suzlon Hopeful of Record Wind Capacity Additions In India In FY25 Updated On Fri, Aug 2nd, 2024 by Saurenergy Indian wind energy company Suzlon is hopeful of a record wind energy capacity additions by the sector in the country in 2024-25. The company also sees an increasing trend of annual capacity additions in the next few years. The anticipation of the firm is based on the record number of tenders issued in the country, […] Read more
Oorja Raises $1.5M Pre-Series A For Farming-As-A-Service Model Updated On Thu, Aug 1st, 2024 by Saurenergy Oorja, a solar irrigation services and agricultural advisory to smallholder farmers in India, successfully closed its US$1.5 million Pre-Series A funding round. The company in the recent round attracted $1.2 million in equity finance from impact investors like Acumen, elea, a family trust advised by Artha Impact, Echoing Green Signal Fund, Partners Group via its […] Read more
Soltec, Fraunhofer ISE Build New Prototype For Concentrating PV Updated On Thu, Aug 1st, 2024 by Saurenergy Soltec, a vertically integrated solutions provider in the photovoltaic solar energy sector, specializing in the manufacturing of solar trackers for large-scale projects, has partnered with the Fraunhofer Institute for Solar Energy Systems ISE to develop a new prototype consisting of a two-axis tracker for concentrating photovoltaic applications. This project, led by Fraunhofer ISE, aims to […] Read more
