Reliance To Build Green Energy Giga Complex Spread Across 5,000 Acres in Jamnagar Updated On Mon, Jan 22nd, 2024 by Saurenergy Reliance Industries Limited has commenced the construction of Green Energy Giga Complex in Jamnagar in western state of Gujarat. The complex is built across 5,000 acres of land in the Gujarat town, read the press release by the company. The Dhirubhai Ambani Green Energy Giga Complex will have five giga factories for Photovoltaic panels, Fuel […] Read more
Waaree Renewable Reports 158% Jump In PAT In Q3 Updated On Mon, Jan 22nd, 2024 by Saurenergy Waaree Renewable Technologies, the solar EPC subsidiary of the Waaree Group has now announced its Financial Results for Third Quarter (Q3). The consolidated financial results of the renewable firm said that its total revenue in Q3 increased by 338.78 percent on a Year-on-Year (YoY) basis. It also announced a 158.09% increase in Profit After Tax […] Read more
Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins Updated On Thu, Jan 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per […] Read more
Meyer Burger Announces Halt On German Manufacturing Plant, US Focus Updated On Thu, Jan 18th, 2024 by Saurenergy The massive Chinese push into Europe with the resultant high inventory levels (estimated at 90 GW, almost equal to two years of capacity additions) and low prices has claimed its first big victim. Meyer Burger Technology AG, a long-time pioneer and technology leader in the global photovoltaic industry, has prepared a plan to cut losses […] Read more
ReNew Q2 Results-Highest Ever Profits, Portfolio At 13.8 GW Updated On Tue, Nov 21st, 2023 by Saurenergy ReNew Energy Global Plc delivered on its promise to investors with a consistently improved performance for the three-month period ended September 30, 2023. This was indicated in its recent Q2 results. The firm continues to guide for 1.75 GW to 2.25 GW net additions to its portfolio this financial year. This is expected to ramp […] Read more
ReNew Commissions First Of 3 ISTS Transmission Projects In Karnataka Updated On Fri, Nov 17th, 2023 by Saurenergy After winning 3 transmission projects in Karnataka to date, ReNew has commissioned the first of those as part of their commitment to build transmission for ~5 GW of wind power, under (Inter State Transmission System) ISTS. Central Transmission Utility (CTU), a Govt. of India owned entity and a wholly owned subsidiary of Power Grid Corporation of […] Read more
SMA Solar Profits From The Sun, Order Book At €2 billion On September 30 Updated On Wed, Nov 15th, 2023 by Saurenergy German Solar Inverter Major SMA Solar is riding the solar wave well, with sales at record highs. For the quarter ended September 2023, the firm reported a strong financials for all business segments in 9M/2023 with close to 85% YoY increase in consolidated sales. PV Inverter sales during the year crossed 12.89 GW of PV inverter […] Read more
Tata Power Delivers Steady Q2, 16th Quarter of Growing Profits Updated On Fri, Nov 10th, 2023 by Saurenergy Tata Power has revealed its financial results for Q2 for FY24 in its analyst call presentations– for the quarter ended September 30, 2023. The private power firm that hopes to have a majority of it’s assets portfolio in renewables by FY26, has delivered a strong set of numbers, with profits after tax up 9% to […] Read more
Gensol Engineering Reports 24% Growth in PAT in H1 of FY24 Updated On Wed, Nov 8th, 2023 by Saurenergy Public-listed renewable company–Gensol Engineering Limited released its latest consolidated financial results for the first half of the year and quarter ending September 30, 2023. As per the financial statements of the firm, it reported an 88 percent increase in its revenue in the H1 of FY23 compared to the last H1 of FY23. Founded in […] Read more