Waaree Renewable Geared For Much Higher Volumes if Required Updated On Tue, May 28th, 2024 by Saurenergy Waaree Renewable technologies Limited, the listed EPC arm of the Waaree Group, has been on a tear in the past 12 months. Revenue for full year FY24 stood at Rs 876.44 crores, representing a growth of 149% YoY as compared to Rs 350 crores in FY23. EBITDA for FY24 stood at Rs 207 crores as […] Read more
ReNew Energy Q1 Analyst Meet- Focus On Derisking, Valuations Updated On Wed, Aug 23rd, 2023 by Saurenergy On the second anniversary of its NASDAQ listing, ReNew Energy Global had a very positive outlook to share with analysts. Be it the growth in portfolio by almost 3 GW, almost all of it comitted through PPAs, or the drop in average collection period from over 200 to 114 days, or a clear growth path […] Read more
Tata Motors Confident Of Availing PLI Aid For Its EV Models Updated On Mon, Jun 5th, 2023 by Saurenergy Indian automotive giant Tata Motors seems confident to avail the benefits under the Production Linked Incentives (PLI) of the Indian government for all of its Electric Vehicle (EV) models. The firm’s top management expressed optimism on the issue with the specific changes in the scheme’s parameters and the auto firm’s preparedness. The issue was recently […] Read more
Canadian Solar Concall Highlights Global Concerns for Large Solar Manufacturers Updated On Mon, Nov 22nd, 2021 by Saurenergy Canadian Solar Inc.’s CEO, Shawn Qu speaking at an analyst concall after its Q3 numbers expressed confidence in the growth of solar market as a result of ‘real action, globally in the sector’. The firm saw its manufacturing division recover well after Q2, even as its projects division lagged. On revenues of $1.23 billion, the […] Read more
Borosil Renewables Q2 Analyst Call Takeaways For Solar Sector Updated On Mon, Nov 8th, 2021 by Saurenergy For Borosil Renewables, these are the best of times. The firm, the only producer of solar glass in India, has had a terrific run ever since it completed its capacity expansion last year, timed as it was with the imposition of import duties on imports from Malaysia, Vietnam and China, of course, besides rising demand […] Read more