Green Stocks July 31: Solar EPC’s Carry The Weight Of High Expectations And Valuations Updated On Wed, Jul 31st, 2024 by Saurenergy As feared, small-cap EPC developer Waaree Renewable Technologies was down at the lower circuit today, down 5%, despite a strong set of numbers. Skittish investors are unwilling to take a risk with highly valued firms unless their results are truly extraordinary. Adani Green continued its steady recovery back, however, thanks to strong results and positive […] Read more
Q2 Results: First Solar Sees 24.6% Rise In Sales Updated On Wed, Jul 31st, 2024 by Saurenergy US solar module manufacturer, First Solar, recently released the latest financial results for the second quarter ending June 30, 2024, in which the company made a net sales of $1.0 billion. In this quarter, the company saw an increase in sales by $0.2 billion from the previous quarter. First Solar in its second quarter reported […] Read more
Sunsure Commences Solar Power Supply To APL Apollo In UP Updated On Wed, Jul 31st, 2024 by Saurenergy Sunsure Energy, the C&I focused renewable power producers has announced the commencement of solar power supply to Apollo Pipes Limited and Apollo Metalex Pvt. Ltd., part of the APL Apollo Group , India’s largest producer of Structural Steel Tubes and Pipes. Sunsure will be supplying 10.5 million units of renewable energy annually to both the […] Read more
2024 Q1 Result: Battery Maker Exide Sales Rose 6%, Profit Grows 16% Updated On Wed, Jul 31st, 2024 by Saurenergy Leading battery maker Exide Industries has reported a 6% increase in sales and a 16% rise in profit before tax for the first quarter of the financial year 2024-25. Exide’s revenue from operations grew by 5.9% in Q1 2025, driven by volume increases across business verticals. Operating profitability also improved despite rising commodity prices. EBITDA […] Read more
KERC Brings New Norms For EV Charging Stations For Buildings Updated On Wed, Jul 31st, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) in its latest suo motto order has issued new guidelines for the establishment of Electric Vehicle (EV) Charging Stations for commercial/residential buildings in urban areas of the state. The state power regulator said that the move was taken to streamline the establishment of the charging stations by bringing more […] Read more
UK Raises RE Auction Funds, Offshore Wind Gets Largest Gain Updated On Wed, Jul 31st, 2024 by Saurenergy The United Kingdon (UK) government recently allocated a budget of over 1.5 billion pounds to deliver homegrown clean energy projects and boost the UK’s energy security Energy Secretary unveils this large budget to deliver new homegrown clean energy projects in the UK. The budget seeks to boost energy security, secure cheap power for families, and […] Read more
AES Uses AI To Spur Solar Installations For Solar Farm Updated On Wed, Jul 31st, 2024 by Saurenergy The AES-owned solar farm, which is under contract with Amazon, is utilizing a roboto called Maximo to help build the farm, aiming to reduce solar installation timelines with the support of new Amazon Web Services (AWS) technology. The AES Corporation introduced “Maximo”, an AI-powered robot that enhances solar installation speed, efficiency, and safety. Maximo is […] Read more
News Briefs July 31- Chinese Manufacturers Make Global Moves Updated On Wed, Jul 31st, 2024 by Saurenergy From Jinko in Spain to Drinda in Oman, or Power China in the UAE, it’s been a week when China’s many solar manufacturers have made big moves globally to align themselves to emerging opportunities and challenges. Earlier last week, Saudi Arabia’s PIF fund had also announced some major manufacturing plans for the kingdom with leading […] Read more
Korean Varsity Finds Way To Increase Efficiency Of Perovskite Solar Cells Updated On Wed, Jul 31st, 2024 by Saurenergy Tin halide perovskites (Sn-HPs) are promising materials for next-generation solar cell technology. However, they still face issues related to stability and conversion efficiency, requiring addressal. Recently, researchers from Korea revealed that using a special additive namely “4-phenylthiosemicarbazide “can significantly enhance the performance and durability of Sn-HP-based solar cells by controlling crystal formation, passivating defects, and […] Read more
