ADB Commits $2.6 Billion In Sovereign Lending to India Updated On Wed, May 29th, 2024 by Saurenergy The Asian Development Bank (ADB) which supports projects in developing member countries committed $2.6 billion in sovereign lending to India in 2023 for projects related to urban development, supporting industrial corridor development, promoting power sector reforms, support horticulture, and enhance connectivity. ADB also extended $23.53 million in technical assistance and $4.1 million in grants under […] Read more
Avaada Group Secures Rs 315 Cr Financing For Karnataka Solar Project Updated On Wed, May 29th, 2024 by Saurenergy The renewable energy arm of Avaada Group, Avaada Energy, has announced that it has closed the financing of about Rs 315 crore from Aseem Infrastructure Finance Limited (AIFL), an IFC (Infrastructure Finance Company), said the company statement. The company has secured financing for its solar PV power project being developed under a long-term captive Power […] Read more
Clean Power Can Reduce India’s Dependence On Gas For Peak Demand: IEEFA Updated On Wed, May 29th, 2024 by Saurenergy The Institute for Energy Economic and Financial Analysis (IEEFA) in its recent report found that new and cleaner options could soon replace the role of gas-based power in meeting peak electricity demand in India. India’s peak power demand, which, according to government forecasts, is likely to cross 350 gigawatts (GW) by 2030. The IEEFA in […] Read more
Green Energy To Outpace Fossil Fuel In Middle-East By 2040: Rystad Updated On Tue, May 28th, 2024 by Saurenergy Renewables capacity in the Middle East is set to soar in the coming years, with green energy sources outpacing fossil fuel usage in the power sector by 2040, according to Rystad Energy’s latest research. Solar photovoltaic (PV) is expected to emerge as the predominant source, accounting for more than half of the region’s power supply […] Read more
India’s Solar Energy Sector And Opportunities for Startups and Entrepreneurs Updated On Tue, May 28th, 2024 by Saurenergy India’s solar energy sector is experiencing a remarkable transformation, creating abundant opportunities for startups and entrepreneurs. With the government’s ambitious targets and supportive policies, this sector is becoming a hotspot for innovation and investment. Growing Solar Capacity India aims to achieve 300 GW of solar capacity by 2030, a significant leap from its current capacity […] Read more
Director Operational Finance Updated On Tue, May 28th, 2024 by Saurenergy Ensure that all required business reports and forecasts, including cash forecasts, P&L forecasting, ad-hoc reporting requests and the annual budgeting process are completed accurately and on time. Manage the Project Accounting team to ensure that projects are being controlled from a financial perspective from Bid Stage to completion. Report Risks, Opportunities, and issues to ensure […] Read more
Regional Manager – West Updated On Tue, May 28th, 2024 by Saurenergy RESPONSIBILITIES:– Develop and implement strategic sales plans to achieve revenue targets and expand market share in the renewable energy sector within the manufacturing industry Develop business and execution plan for regional sales and forecasting of module requirement monthly/quarterly/annually. Lead, mentor, and motivate a high-performing sales team to drive individual and collective success of achieving sales […] Read more
Waaree Renewable Geared For Much Higher Volumes if Required Updated On Tue, May 28th, 2024 by Saurenergy Waaree Renewable technologies Limited, the listed EPC arm of the Waaree Group, has been on a tear in the past 12 months. Revenue for full year FY24 stood at Rs 876.44 crores, representing a growth of 149% YoY as compared to Rs 350 crores in FY23. EBITDA for FY24 stood at Rs 207 crores as […] Read more
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
