Kinetic Green’s Losses Spurt 11X in FY24 As Revenue Dips 3% Updated On Thu, Feb 27th, 2025 by Saurenergy Electric vehicle manufacturer Kinetic Green faced significant financial strain in FY24, with losses increasing 11X due to rising expenses in advertising and employee benefits. Meanwhile, the Greater Pacific Capital-backed company’s revenue declined by 3% year-on-year. Kinetic Green’s revenue from operations decreased to Rs 291 crore in FY24 from Rs 301 crore in FY23, its consolidated […] Read more
As Solar Developers In China, India Face June Deadline, Module Supply, Prices To Tighten Updated On Thu, Feb 27th, 2025 by Saurenergy China, which remains the heart of the solar industry worldwide, has finally seen an inching up of module prices in February, bringing some relief to its large solar manufacturers. However, the rise in prices may not be such good news for many markets where tariffs have been imposed on Chinese imports, as it was the […] Read more
Climate Change vs Solar Energy: The Battle Within Updated On Wed, Feb 26th, 2025 by Saurenergy Decades ago, global warming and associated climate change had prompted the world to take some serious measures, such as curbing GHG emissions and trapping pollutants. Today, the surge of renewable energy, especially solar and wind energy, is now promising the sustainable future the world once dreamed about. However, climate change has also become profound, leading […] Read more
PM-KUSUM: Bhagyanagar Gets 53 MW Solar Project At ₹3.09/kWh Updated On Tue, Feb 25th, 2025 by Saurenergy Telangana-based Bhagyanagar India Limited has been awarded a Letter of Award (LOA) for a 53 MW solar pump project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The company secured the project under feeder-level solarization under Component C of the PM-KUSUM Scheme. The company stated in a regulatory filing, “The company has received the project […] Read more
Adani Green Operationalize 67 MW Solar project At Khavda, Gujarat Updated On Tue, Feb 25th, 2025 by Saurenergy Adani Green Energy Twenty Six B Limited, a wholly owned step-down subsidiary of Adani Green, has operationalized a 67 MW solar power project at Khavda, Gujarat. The company said in a regulatory filing, “With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 11,983.1 MW.” Projects In Khavda On The […] Read more
Green Stocks Feb 25: Choppy Waters Still For Green Stocks Updated On Tue, Feb 25th, 2025 by Saurenergy As India’s leading stock market index struggled to find a bottom, there was no such luck for the mid-cap and small-cap indices, which continued to lose ground. That meant most green energy stocks followed suit, with just a little value buying perhaps among the solar manufacturers, WAAREE Energies and Premier Energies. Interestingly, both the wind […] Read more
Delta Flaunts EV Chargers, Green Solutions At Elecrama Updated On Tue, Feb 25th, 2025 by Saurenergy A power management and green energy solutions company Delta is now flaunting its Electric Vehicle (EV) sharing solutions and other green energy solutions at the ongoing Elecrama. Across the Delta booth, visitors will engage on a journey with a live demonstration of intelligent infrastructure across Industrial Automation, EV Charging, Smart Building Automation Solutions, Data Centers, […] Read more
India Proposed Renewable Energy Financing Obligation (REFO) Updated On Tue, Feb 25th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now proposed a new intervention to boost the flow of financing to the renewable energy sector in the country. This comes as the demand for faster deployment of renewable energy becomes significant keeping in light India’s target of 500 GW of non-fossil fuel in 2030. Union […] Read more
SECI, MP Govt To Build 200 MW Dhar Solar Project With 1000 MWh BESS Updated On Tue, Feb 25th, 2025 by Saurenergy Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, signed a Memorandum of Understanding (MoU) with the Madhya Pradesh government for a 200 MW solar project in Dhar. This project is part of the CPSU Scheme and a 1,000 MWh Battery Energy Storage System (BESS) project […] Read more
