Financial Results: Shakti Pumps Reports Stunning Profits In Q1 Updated On Sat, Jul 20th, 2024 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Limited (SPIL) has now published its financial results for the first quarter (Q1) for the financial year 2024-25 ending June 30. The Madhya Pradesh-based renewable energy company has reported an increase in its net profit on a Year-On-Basis (YoY). The financial results revealed that the company’s revenue increased […] Read more
Q1 Results: Sterling & Wilson Reports Profit, Gets Rs 2,170cr Orders Updated On Thu, Jul 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWREL) in its first quarterly results for financial year 2025 (FY25), reported profits with a continued revenue growth of 78% (year-over-year) YoY. The renewable EPC received a order inflow of Rs. 2,170 crores and claims to receive a strong rebound in its revenue in Q4 FY24. continues its growth […] Read more
Waaree To Start Module Production In US From Sept: Hitesh Doshi Updated On Thu, Jul 18th, 2024 by Saurenergy From an initial module manufacturing capacity of 30 MW in Surat in 2007, Waaree Energies has come a long way indeed. And helming the company through that journey from 30 MW to 12 GW now, and counting, is its founder and CMD, Dr. Hitesh Doshi. Dr. Doshi has not only seen the solar sector take […] Read more
IRENA’s 11.2 TW RE Target For 2030 Risks Falling Short By 1.5 TW: Report Updated On Tue, Jul 16th, 2024 by Saurenergy Despite renewables becoming the fastest-growing source of power, the International Renewable Energy Agency (IRENA) latest report needs a minimum 16.4% growth rate annually through 2030 to stay on course, to meet the 2030 target. IRENA’s Renewable Energy Statistics 2024 report indicated the possible risk of missing the tripling renewables target pledge set at COP28. The […] Read more
China Overcapacity ‘Overrated’, Say China Researchers Updated On Tue, Jul 16th, 2024 by Saurenergy Ju Jiandong, Director of the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University and Feng Lu, Assistant Researcher with the Center for International Finance and Economic Research at PBC School of Finance at Tsinghua University make the case that overcapacity in the green energy sector is a temporary […] Read more
As EV Infra Charges Up, Expect EVs To Follow Suit Updated On Mon, Jul 15th, 2024 by Saurenergy The recent speed breaker in the sales of Electric Vehicles (EVs) has raised many worries that the industry might be heading for trouble. However, we believe that this temporary blip will soon be a memory as sales pick up again, mainly due to the visible improvements one can expect in EV charging infrastructure, as well […] Read more
Serentica’s 180 MW PV Plant Powers Hindustan Zinc Project In Rajasthan Updated On Fri, Jul 12th, 2024 by Saurenergy Hindustan Zinc, an integrated zinc producer owned by the Vedanta Group, commenced the first phase of renewable energy integration from Serentica Renewables, the C&I-focused renewable energy firm in India. Renewable energy is being utilized for Hindustan Zinc’s operational business units in Rajasthan. This initiative aims to support the company in decarbonizing its operations. Hindustan Zinc […] Read more
Amazon On Course To Meet RE Goal Seven Years Before Schedule Updated On Thu, Jul 11th, 2024 by Saurenergy Amazon has invested in 50 wind and solar projects in India to date. It claims to be one of the first corporations to enable utility-scale renewable energy projects in India, Greece, South Africa, Japan, and Indonesia, among other countries. In 2019, the company set the goal to match all of the electricity consumed across Amazon’s […] Read more
Juniper Secures 480 MW Hybrid PPAs From GUVNL And NTPC Updated On Wed, Jul 10th, 2024 by Saurenergy Juniper Green Energy signed two Power Purchase Agreements (PPAs) for hybrid renewable energy projects with a total capacity of 480 MW. These PPAs were signed with two companies namely GUVNL and NTPC. The company said, “GUVNL Hybrid Phase 1 of the project marks the first hybrid initiative with Gujarat Urja Vikas Nigam Limited (GUVNL), featuring […] Read more
