Q1 Results: Suzlon Registers 199% Growth In Net Profits Updated On Tue, Jul 23rd, 2024 by Saurenergy Indian Wind Energy Company Suzlon Group today announced the financial results for its first quarter (Q1) for Financial Year 2024-25. In its filing before BSE, the company reported a consolidated 199 percent growth in its net profits on a Year-on-Year (YoY) basis. Compared to the last quarter, the Pune-based company reported a 19% growth in […] Read more
Gujarat: Gensol Bags Rs 600cr Order From PGVCL For PV Project Updated On Tue, Jul 23rd, 2024 by Saurenergy Gensol Engineering won the bid for 116 MW (150 MWp) of solar projects in Gujarat with an estimated revenue of around Rs 600 crore. These projects will be distributed across 27 diverse locations, all under the purview of Paschim Gujarat Vij Company Ltd.(PGVCL), the state electricity distribution company. Gensol Engineering is a Gujarat-based solar power […] Read more
Green Stocks July 22: After Rise In Q1 Profits, Shakti Pumps Stock Price Grows 5% Updated On Mon, Jul 22nd, 2024 by Saurenergy A day ahead of the Union 2024 Budget, the green energy company witnessed gains in the stock market, with Shakti Pumps taking the lead with 5% gains, followed by Inox Wind Energy, SJVN, and Sterling and Wilson Renewable those stock prices grew by 3.72%, 2.24% and 2.78% respectively. This comes days after Shakti Pumps reported […] Read more
Indian RE Sector Can Attract Rs 30L-crore Investment Between 2024-2030: Report Updated On Mon, Jul 22nd, 2024 by Saurenergy Power transmission in India is emerging as one of the largest unified electricity grids in the world, states the Economic Survey 2023-24. The Indian transmission system has expanded to 4,85,544 circuit kilometers of transmission lines and 12,51,080 mega volt amp (MVA) of transformation capacity, until 31 March 2024, stated the survey notes. The survey was […] Read more
BluPine Energy Secures Financial Closure For Gujarat Solar Project Updated On Mon, Jul 22nd, 2024 by Saurenergy BluPine Energy, a renewable energy services company established in India by global infrastructure investor Actis has announced the successful financial closure for its 120 MW Solar Project in Panshina and Radhanpur village of Gujarat under Gujarat Urja Vikas Nigam Limited (GUVNL). It was achieved through securing debt financing from State Bank of India (SBI). The […] Read more
What The Indian EV Sector Expects From Union Budget 2024 Updated On Mon, Jul 22nd, 2024 by Saurenergy With a day left for the Union Budget, the Electric Vehicle (EV) and the battery manufacturers, battery recycling companies have pinned their hopes on the budget. The industry now expects attention to the sector to weed out some of the major hurdles in the sector. Following are the expectations of the industry from the budget– […] Read more
India To See 8% Rise In Electricity Consumption In 2024: IEA Report Updated On Mon, Jul 22nd, 2024 by Saurenergy A latest report from the International Energy Agency (IEA) said that India’s total electricity consumption is set to rise by around 8 percent in 2024. It also said that power consumption is set to the rise significantly in countries like China, India and the United States (US). IEA’s latest report titled ‘Electricity Mid-Year Update’ talked […] Read more
Jakson Green Secures Rs 2.96bn Credit Facility From First Abu Dhabi Bank Updated On Mon, Jul 22nd, 2024 by Saurenergy Jakson Green Private Limited, a new energy transition platform, has secured a credit facility of Rs 2.96 billion from First Abu Dhabi Bank (Mumbai). The company said that this financing will fuel the company’s international expansion, with Uzbekistan serving as the first beneficiary for its upcoming solar photovoltaic (PV) and battery storage project. “As Jakson […] Read more
Waaree Energies Gets Recognition In RETC PV Module Index Updated On Mon, Jul 22nd, 2024 by Saurenergy Indian solar module manufacturing company Waaree Energies Limited today announced its inclusion in the RETC PV Module Index Report 2024. The RETC PV Module Index Report assesses solar PV module manufacturers worldwide. It identifies companies that excel in key performance metrics, quality standards, and reliability measures, which can serve as a resource for industry stakeholders […] Read more
