RWE Invests €8 Billion In Green Energy In Q1, 2023 Updated On Fri, May 12th, 2023 by Saurenergy German energy company–RWE is making swift progress in green energy as it expanded its green portfolio by 4.9 Gigawatt (GW) in the first quarter of 2023 alone. It was done through a massive investment of EUR 8 billion. The EUR 6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest […] Read more
Servotech Q4 Results Charged Up On Strong EV Show Updated On Mon, May 8th, 2023 by Saurenergy Servotech Power Systems Ltd., a manufacturer of solar, electric vehicle (EV) chargers, power-backup and other smart power solutions, presented its quarterly financial results for the quarter ended March 31, 2023 at its Board of Directors meeting on May 7, 2023. The firm with a strong foothold in the EV charging space and in the government […] Read more
Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23 Updated On Thu, May 4th, 2023 by Saurenergy Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Tata Power said that its PAT rose […] Read more
Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent Updated On Wed, May 3rd, 2023 by Saurenergy The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […] Read more
Joy E-Bike’s Scale Neared Rs 200 Cr in FY22, Profits Grew 4.5X Updated On Fri, Mar 10th, 2023 by Saurenergy Wardwizard Innovations & Mobility Limited is one of the leading auto manufacturing companies in the electric vehicle segment under the brand name Joy e-bike. On the back of its rising demand for electric two wheelers, the firm saw its scale grow over four times during the fiscal year ending in March 2022. The mobility company […] Read more
Adani Green Energy Records India’s Largest Operating Renewable Portfolio at 8,024 MW Updated On Fri, Mar 3rd, 2023 by Saurenergy Adani Green Energy (AGEL) has revealed that its 700 MW hybrid green energy project has been set into operation, following which, the firm’s cumulative operating renewable portfolio has reached 8,024 MW. This is India’s largest operating renewable portfolio. The said project is AGEL’s fourth wind-solar hybrid power plant that is fully in operation in Rajasthan’s […] Read more
EV Maker Ampere Sells 79,000 scooters in Fy22, Revenue Crosses Rs 500 Cr Updated On Wed, Feb 22nd, 2023 by Saurenergy Two wheeler EV maker Ampere has emerged as the second largest player in the segment in terms of vehicles sold during FY22. The company managed around three-fold growth in its gross scale with improved economics in the same period. Ampere offers Primus, Magnus EX, and Zeal EX e-scooters and it made a 98.8% collection from […] Read more
ReNew Q3 FY23 Results- Net Loss Shrinks 36%, Revenues Up 19% Updated On Mon, Feb 20th, 2023 by Saurenergy ReNew Energy Global Plc , which now terms itself a global decarbonisation solutions company, announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022 last week. Operating Highlights: As of December 31, 2022, the Company’s portfolio consisted of 13.4 GWs, a 30.2% increase year on year, of which 7.8 GWs are […] Read more
TotalEnergies Sells Renewable Projects to Crédit Agricole Assurances Updated On Mon, Feb 6th, 2023 by Saurenergy French renewable energy major TotalEnergies has announced that it is selling 50% of a 234 MW portfolio of renewable projects to Crédit Agricole Assurances as part of its strategy of profitable growth in renewable energies. The official statement from TotalEnergies reveals that the portfolio being sold includes 23 solar power plants with a capacity of […] Read more
