Solex Energy Achieved 103% Revenue Growth In First 9 Months Of FY 2024 Updated On Thu, Jan 9th, 2025 by Saurenergy Surat based Solex Energy Limited (NSE: SOLEX), one of India’s most established solar brands, has announced its financial performance for the year to date (YTD) or nine months ending 31 December. The company reported consolidated revenue of ₹408 crores, reflecting an impressive 103% increase from the previous year for the same period. The company is […] Read more
CY 2024: India Adds Record 28.5 GW Of Renewable Energy Capacity Updated On Wed, Jan 8th, 2025 by Saurenergy India added a total of 28.59 GW of new renewable energy capacity in the calendar year 2024, according to the Ministry of New and Renewable Energy (MNRE). The ministry’s latest report provides a detailed breakdown of fuel-wise capacity additions up to December 2024, revealing that solar power played a dominant role in driving this growth. […] Read more
CERC Grants Relief To Wind Energy Firm Against GST Rate Hike Updated On Tue, Jan 7th, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest order granted partial relief to Morjar Windfarm Development. The order from CERC came to the fore when the petitioner moved the central agency for its intervention. The Wind Energy, in its petition, asked the CERC to consider the change in GST rates as a ‘change of […] Read more
Husk’s Solar Capacity Hits 20 MW, 100 MW Pipeline Set For 2025 Updated On Tue, Jan 7th, 2025 by Saurenergy MiniGrid operator Husk recently electrified 200 new communities in 12 months, doubling its fleet of solar mini-grids. Husk is now present in over 400 communities in rural Sub-Saharan Africa and South Asia, serving more than 1.5 million people and over 30,000 small businesses. Its community electrification projects are spread across rural India and Nigeria. This […] Read more
ACME Solar Appoints Dinesh Chadha As President, Renewable Energy (Senior Management) Updated On Tue, Jan 7th, 2025 by Saurenergy Gurugram-based ACME Solar has announced the appointment of Dinesh Chadha as the President, Renewable energy of the company. The company said in a regulatory filing, “Dinesh Chadha holds a bachelor’s degree in Electrical Engineering from Nagpur University. Before joining Acme Solar, he served as the Managing Director at Linxon India (earlier ABB India) for India […] Read more
ENGIE India Targets 7 GW utility Scale Portfolio by 2030 Updated On Tue, Jan 7th, 2025 by Saurenergy In this interview with SaurEnergy, Amit Jain, Managing Director India & South East Asia for ENGIE, the French Multinational Power giant. ENGIE India has been present in the country for a decade now, and looking to play a key role in the country’s transition to a greener grid. The company stands out for its focus […] Read more
Green Stocks Jan 6: Green Stocks Roll Over as Broader Market Slumps Updated On Mon, Jan 6th, 2025 by Saurenergy In possibly one of the toughest market days in the past 12 months, all green energy stocks in our basket faced pressure today, with most coming out badly from the selling spree. With a majority belonging to the small-cap and mid-cap space, which was particularly hard hit, the damage is all too visible. And so […] Read more
H1 2024-25: Insolation Energy Sales Surge 118% To Rs. 928.34 Cr Updated On Mon, Jan 6th, 2025 by Saurenergy Rajasthan-based Solar module manufacturer Insolation Energy, in its consolidated performance update for the nine months ended on 31st December 2024, secured consolidated provisional sales of Rs. 928.34 crores, marking a significant increase from Rs. 482.5 crores during the same period ended 31st December 2023. As a firm listed on the BSE SME board, reporting obligations […] Read more
CRETA Electric Becomes First Localised Electric SUV For Hyundai Updated On Fri, Jan 3rd, 2025 by Saurenergy Hyundai Motor India Limited (HMIL) has now revealed its Hyundai CRETA Electric. The company said that the electric SUV combines bold design, cutting-edge technology, and unparalleled safety to set new benchmarks in India’s EV market. Speaking about the Hyundai CRETA Electric, Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India Limited, said, “The […] Read more
