Q4 Results: Suzlon Reports 30% Rise In Revenue, 20% Dip In PAT Updated On Fri, May 24th, 2024 by Saurenergy Indian Wind Turbine Manufacturer Suzlon Energy Limited today released its annual and Q4 financial results. The audited consolidated results claimed the company reported a 30 percent rise in its total revenues compared to the Q4 of FY23. The Pune-based company however reported a 20 percent dip in its Profit After Tax. As per the details […] Read more
Hitachi’s Transmission Project Stabilizes RE Supply To Australian Power Grid Updated On Fri, May 24th, 2024 by Saurenergy Switzerland-based Hitachi Energy was recently selected by Marinus Link Pty Ltd (MLPL), jointly owned by the Australian, Tasmanian, and Victorian governments to supply a high-voltage direct current (HVDC) project. This project is expected to augment the connection between mainland Australia and Tasmania’s grid. The transmission project is an approximately 345-kilometer cable route HVDC system and […] Read more
Green Stocks May 24: Waaree, Inox See Highest Rise Of Stock Prices Updated On Fri, May 24th, 2024 by Saurenergy In the last one day, two out of 12 green stocks witnessed a 5 percent rise in their stock prices. These included–Inox Wind Energy, and Waaree Renewable leading the way with a 5% each. On the other hand, remaining green companies witnessed a decline with Suzlon Energy, taking the hit with 4.99% dip. Other companies […] Read more
Pahal Solar Introduces 570W TOPCon DCR Modules Updated On Fri, May 24th, 2024 by Saurenergy Gujarat-based solar module manufacturer Pahal Solar has now introduced its 570-watt TOPCon solar modules. The company said that these modules comply with the Ministry of New and Renewable Energy (MNRE’s) Domestic Content Requirement (DCR). It also said that they have been specially launched to cater to the rising demand for high efficient solar modules for […] Read more
ADB Extends $8 Mn Funds For Mini-Grid Pilot Program In Africa Updated On Thu, May 23rd, 2024 by Saurenergy The African Development Bank Group’s Board of Directors has approved $8 million to support the rollout of a pioneering pilot mini-grid program with potential Africa-wide benefits. The funding is provided by the Bank-managed Sustainable Energy Fund for Africa (SEFA). This fund is provided in the form of concessional loans, grants, and risk mitigation, and plans […] Read more
Top 5 Reasons Why the US is Poised To Make An Impact in Energy Storage Updated On Thu, May 23rd, 2024 by Saurenergy In the race towards a sustainable future, battery technology is emerging as a critical component. Batteries are vital for the renewable energy revolution, essential for the functioning of electric vehicles (EVs), and pivotal for energy storage systems that stabilize power grids. For years, China has held a dominant position in the global battery market, but […] Read more
Husk Power Signs MoU With Nigeria To Deploy 250MW Of DRE Solutions Updated On Thu, May 23rd, 2024 by Saurenergy In a Memorandum of Understanding (MoU) signed today, the Rural Electrification Agency (REA) of Nigeria and Husk Power Systems (Husk) agreed on a partnership to deploy up to 250MW of decentralized renewable energy (DRE) projects in support of the Federal Government’s energy access, energy transition and energy security targets. The partnership will focus on a […] Read more
Exempt 100% Of ISTS Charges For RE Power Till 2030: IEEFA Updated On Thu, May 23rd, 2024 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics have prepared and shared a list of key recommendations that the new Union government post-elections should take up in the first 100-days to reach the renewable energy targets up to 2030. As per the Indian government’s own target it wants to […] Read more
How US Import Barrier On Chinese Solar Cells Can Change Trade Game? Updated On Wed, May 22nd, 2024 by Saurenergy The recent trade barriers imposed by the United States (US) against the imports of Chinese solar equipment like solar cells has triggered speculations on the overall global trades of clean energy equipment. The Joe Biden led government recently triggered a new controversy by increasing the imports tariffs for solar cells for upto 50 percent and […] Read more
