Q2 Results: IREDA Reports 36% Jump In Net Profits Updated On Fri, Oct 11th, 2024 by Saurenergy The Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the second quarter (Q2) of FY25, showing growth in both revenue and net profits on a quarterly and annual basis. The company reported total revenue of Rs 1,629.54 crore in Q2 FY25, compared to Rs 1,510.27 crore in Q1 FY25 and […] Read more
SolaX Power Flaunts Innovative Utility-Scale Inverter Updated On Thu, Oct 10th, 2024 by Saurenergy Energy solutions company SolaX Power announced the successful launch of its utility-scale inverter at the recently held REI 2024 at Greater Noida. The company said that through the event, it was able to connect with myriad industry leaders, experts, and solar enthusiasts who shared their passion for advancing solar technology. “Our new inverter represents a […] Read more
Solis Showcases Solar Energy Solutions at REI 2024 Updated On Wed, Oct 9th, 2024 by Saurenergy Global energy solutions company Solis made a strong impact at the Renewable Energy India Expo 2024 (REI 2024), held from October 3rd to 5th at the India Expo Centre, Greater Noida, Delhi, the firm said. The company showcased its range of cutting-edge energy storage and smart energy solutions, drawing significant attention from industry leaders and visitors […] Read more
Saatvik Solar Wins 213 MW Solar PV Modules Contract From L&T Updated On Wed, Oct 9th, 2024 by Saurenergy Indian solar module maker Saatvik Solar has inked an agreement with Larsen & Toubro (L&T) to supply a 213 MW order for solar PV modules. This order is designated for L&T Energy’s 245 MW Bihar Battery Energy Storage System (BESS) project. Of this, 185 MW will power a solar PV grid-connected power plant, while 45.4 […] Read more
IFC Partners, Axis Bank Partner To Provide $500 Mn Loan In India Updated On Tue, Oct 8th, 2024 by Saurenergy The International Finance Corporation (IFC), is making its first blue investment in India in partnership with Axis Bank. IFC entered this partnership with the private sector banks in India to provide a $500 million loan. This initiative also supports the company’s plan to develop a blue finance market and scale up financing of green projects […] Read more
China’s Linton Technologies And 10 GW Wafer Machinery Order From India Updated On Tue, Oct 8th, 2024 by Saurenergy In an announcement over the weekend, Chinese solar equipment maker, China’s Linton Technologies Group, which is among the largest makers of machinery to build solar wafers, announced a large order win in India. Coming just at the conclusion of the REI 2024 expo in India, the firm said the order for machinery to make upto […] Read more
India’s Clean Tech Capacity To Rise Significantly By 2030: S&P Report Updated On Mon, Oct 7th, 2024 by Saurenergy According to Clean Energy Technology research team at S&P Global Commodity Insights, India has introduced various initiatives to enhance domestic manufacturing, aiming to minimize reliance on imported goods and bolster local manufacturing. With these supportive strategies, India’s clean energy technology capacity is projected to rise significantly by 2030, aiming for full self-sufficiency in solar PV […] Read more
Envision Energy Announces 5MW onshore platform for India Updated On Thu, Oct 3rd, 2024 by Saurenergy Envision Energy India Private Limited announced its advanced EN 182/ 5MW onshore platform at Wind Energy Hamburg 2024. The company claims that this new platform enhances annual energy output (AEP) by over 40% from its current EN 156/3.3MW platform, providing significant benefits for customers. This platform, featuring a larger swept area, having enhanced Turbine operational […] Read more
Avaada Announces ₹1L-cr Investment In Rajasthan’s Energy Transition Updated On Wed, Oct 2nd, 2024 by Saurenergy Indian renewable energy company Avaada Group has unveiled its ambitious plan to invest ₹1,00,000 crore in Rajasthan, further propelling the state into the forefront of India’s renewable energy revolution. With the focus on large-scale solar, wind, and green ammonia projects, Avaada has planned to boost its footprint in Rajasthan’s vast arid land. In a step forward, […] Read more
