ReNew Results for Q4 And Full Fiscal Year 2024- Net Profit Rises To $50 Million Updated On Thu, Jun 6th, 2024 by Saurenergy Nasdaq listed, Sumant Sinha led ReNew Energy Global Plc , has announced its unaudited consolidated IFRS results for Q4 FY24 and year ended March 31, 2024. Operating Highlights: • As of March 31, 2024, the company’s portfolio consisted of ~13.5 GWs, of which ~9.5 GWs are generating revenue and ~4 GWs are committed, compared to […] Read more
Maruti Suzuki To Invest Rs 450cr In Renewable Energy Adoption Updated On Wed, Jun 5th, 2024 by Saurenergy Maruti Suzuki India Limited, an Indian subsidiary of Japanese automaker Suzuki Motor Corporation recently announced that it has earmarked an investment of Rs. 450 crores to expand its usage of renewable energy solutions in the next three years. In FY2023-24, Maruti Suzuki invested Rs 120.8 crores towards commissioning renewable energy initiatives like solar power and […] Read more
India Needs To Increase Renewable Deployments: IEA Report Updated On Tue, Jun 4th, 2024 by Saurenergy A latest report by the International Energy Agency (IEA) said that countries like India, European Union and the United States needed to accelerate the pace of deployment of renewable energy. The global energy think tank said that the acceleration is needed for India to achieve it target of ensuring 500 GW of capacities from non-fossil […] Read more
Top Weekly Stories on Renewable Energy From 27 May to 02 June 2024 Updated On Mon, Jun 3rd, 2024 by Saurenergy Read more
Borosil Renewables Plans To Go For Fund Raise Updated On Mon, Jun 3rd, 2024 by Saurenergy Indian solar glass manufacturer-Borosil Renewable has now planned to for fund raise to strengthen its financial, the company recently told its investors. This has come at a time when the company has reported lower than expected profitability in the latest Q4 and annual financial results. The company’s Board has also approved the fund raise. Borosil […] Read more
JSW To Make Alloy-Coated Steel For Domestic Renewable Energy Sector Updated On Fri, May 31st, 2024 by Saurenergy JSW Steel is bringing Zinc-Magnesium-Aluminium alloy-coated steel products into the domestic Indian market which is expected to spur demand for its product JSW Magsure from the domestic renewable energy sector but also from other allied end uses. So far the coated steel was imported from foreign nations while renewable energy companies purchase it at a […] Read more
Climate Risk for Renewable Energy Projects & Parametric Insurance Updated On Fri, May 31st, 2024 by Saurenergy Amidst the global conversation on climate change, the renewable energy sector finds itself at a critical juncture. As we grapple with shifting weather patterns and rising temperatures, the sector faces significant challenges in maintaining its infrastructure and ensuring operational efficiency. Research suggests a 12% reduction in wind turbine capacity by the century’s end, and a […] Read more
Green Stocks May 30: Waaree Renewable Stock Price Jumps Updated On Thu, May 30th, 2024 by Saurenergy On May 30th, three companies’ stock prices went for a rise. On the other hand, other green companies witnessed a decline in their stock prices. Waaree Renewable registered a 5% rise in their stock prices while Shakti Pumps saw a 2.65% rise in its stock price. Whereas, SJVN witnessed a major dip of 4.26% followed […] Read more
Borosil Renewables Reports 21% Jump In Revenues In Q4 Updated On Tue, May 28th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewables Ltd today published its Q4 and annual financial results. The Q4 results (audited standalone) for FY24 indicated a 21 percent rise in its total revenues. However, the rise in losses remained a concern for the company. As per the details, the company reported a total revenue of Rs 23,254 […] Read more
