Inox Wind Q3 FY25: Revenue Up 96%, EBITDA Jumps 192% YoY Updated On Sat, Feb 1st, 2025 by Saurenergy Inox Wind Limited (IWL), a wind energy solutions provider announced a strong show for its financial results during the quarter ended December 31, 2024. In the quarter, the company’s order execution increased 82% YoY to 189 MW. The company’s revenue increased 96% year-over-year (YoY), and its EBITDA also grew 192% YoY. IWL’s order book stood […] Read more
Odisha’s RE Market Can Attract Rs.1.5 Trillion Investments: CEEW Updated On Fri, Jan 31st, 2025 by Saurenergy Odisha has the potential to create approximately 10 lakh new full-time equivalent (FTE) jobs across three green sectors — energy transition, circular economy, and bio-economy and nature-based solutions— and attract INR 3.5 lakh crore (~USD 42 billion) in investments by 2030, reveals a study by the Council on Energy, Environment and Water (CEEW). The study […] Read more
Avaada Partners with Casale For 1,500 TPD Green Ammonia Plant in Odisha Updated On Fri, Jan 31st, 2025 by Saurenergy Avaada Group, has announced its strategic collaboration with Casale, a global pioneer in ammonia technology, to develop a 1,500 tons per day (TPD) state-of-the-art green ammonia plant in Gopalpur, Odisha. The Gopalpur plant will be powered entirely by renewable energy, utilizing Casale’s advanced ammonia production technology to ensure a carbon-free process. Casale will provide the Green Ammonia Process License, Basic Engineering […] Read more
Solar Journey of Africa: 2024 in Review and the Road Ahead Updated On Fri, Jan 31st, 2025 by Saurenergy Africa is the continent with the world’s largest solar energy potential and investment is the only thing that’s keeping Africa from powering its development using this potential. The solar growth in Africa remained modest in 2024 in the face of structural challenges such as limited financing, regulatory barriers and infrastructure constraints which still impede the […] Read more
Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick Updated On Fri, Jan 31st, 2025 by Saurenergy The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […] Read more
JSW MG Motor Expands Battery Second Life Partnership With Lico Materials Updated On Fri, Jan 31st, 2025 by Saurenergy JSW MG Motor India, in partnership with LICO Materials, a part of Epsilon Group, has unveiled the Battery Energy Storage System (BESS) as part of its ‘Project Revive’. The advanced BESS comprises repurposed MG ZS EV batteries and highlights the carmaker’s commitment of promoting circular EV economy by embracing innovation. Compared to traditional solutions, this […] Read more
Waaree Q3 Results- PAT Grows 260%, 26.5 GW order Book Updated On Fri, Jan 31st, 2025 by Saurenergy India’s largest solar panel maker, Waaree Energies has announced its Q3 results on Jan 30. The Mumbai headquartered firm reported a sharp 260% jump in profit after tax on a Year on year basis, at Rs 506 crores versus 140 crores last year, indicating a significant improvement in margins as well to 14.30% versus 8.52%. […] Read more
Green Stocks Jan 30- Stop Start Recovery Continues Updated On Thu, Jan 30th, 2025 by Saurenergy As Indian stocks mounted some sort of a recovery, green energy stocks continued to have a mixed time. Thus, even as Acme Solar staged a smart recovery on the back of a strong set of results in Q3, NTPC Green could not sustain it with a more prosaic set of numbers. Shakti Pumps, despite a […] Read more
News In Brief: TotalEnergies 75MW Deal, ENGIE’s Saudi Plans, KPI Green In 300 MW Solar Deal Updated On Thu, Jan 30th, 2025 by Saurenergy TotalEnergies and STMicroelectronics In 75 MW Green Energy Deal French energy major TotalEnergies and STMicroelectronics have signed a Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics sites in France. This 15-year contract, started in January 2025, represents an overall volume of 1.5 TWh of power supply.TotalEnergies will provide STMicroelectronics, an integrated device manufacturer, […] Read more