Waaree Renewable Technologies Aims To Grow Its IPP Business Updated On Tue, Nov 7th, 2023 by Saurenergy Waaree Renewable Technologies, the EPC arm of Waaree Group, claimed that it wants to boost its role as a renewable energy generator under the Independent Power Producer (IPP) category. The information was shared by Dilip Panjwani, Chief Financial Officer of the firm, in the latest investors’ call. Panjwani said the IPP business is ‘cash-intensive’ and […] Read more
NTPC Issues EoI for Operation of Five Fuel Cell Electric Buses Updated On Tue, Nov 7th, 2023 by Saurenergy NTPC Limited is inviting Expression of Interest from electric bus operators for the operation of five fuel cell electric buses on Delhi Agra intercity route on lease basis. The tenure of leasing period is three years. However, the same may be extended on mutually agreed terms and conditions on completion of leasing period of three […] Read more
Altea Green’s Black Bess Project of 1 GW Commences in Italy Updated On Tue, Nov 7th, 2023 by Saurenergy Renewable energy firm headquartered in Turin, Italy, Altea Green Power has announced that it has commenced work on a battery storage system for capacity worth 1 GW. Known as Black Bess, the project will be established in Italy itself. The project will entail four sites in Italy’s central-southern part and will be commissioned in the […] Read more
Shakti Pumps Records Exports Growth by 12.7% YoY in Q2FY24 Updated On Mon, Nov 6th, 2023 by Saurenergy Shakti Pumps (India) Limited, a manufacturer of stainless-steel submersible pumps, pressure booster pumps, pump-motors, controllers, and inverters among other products, today announced the financial results for the quarter and half year ended September 30, 2023. Shakti Pumps (India) Limited Chairman, Dinesh Patidar, commented on the performance, “We are delighted to report that this has been […] Read more
LONGi Announces Developing 33.9% Efficiency With Perovskite Updated On Mon, Nov 6th, 2023 by Saurenergy Chinese solar module manufacturer–LONGi claimed to have developed a 33.9 percent efficiency in crystalline silicon-perovskite tandem solar cells. It is reported that the previous world record was 33.7% and was conducted by King Abdullah University of Science & Technology (KAUST) in May this year. According to the latest certification report of the US National Renewable […] Read more
Sterlite Power Demerges Transmission & Products Business Updated On Fri, Nov 3rd, 2023 by Saurenergy Sterlite Power Transmission Limited (SPTL), a power transmission developer and solutions provider in India and Brazil, has announced the strategic decision to demerge its power transmission infrastructure business (BOT model), spread across India and Brazil. The demerged SPTL entity will continue to hold the global products and specialised EPC services business as well as the […] Read more
IRA Can Lead To Creation of 4L Jobs In US, Says Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report analysing the performance of the Inflation Reduction Act (IRA), in the US in the first-year claimed that the move could lead to the creation more than 400,000 new jobs and hundreds of billions of dollars of investments. The report was released by E2 a business group. It shared the update on the […] Read more
IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23 Updated On Fri, Nov 3rd, 2023 by Saurenergy The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […] Read more
Aland Island Set for Large-Scale Integrated Renewable Energy Updated On Thu, Nov 2nd, 2023 by Saurenergy Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an ambitious integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and other local anchored value creating activities on Åland. CIP, through Copenhagen Energy Islands, Lhyfe and Flexens have jointly launched the Åland Energy Island project. The project will […] Read more
