Q1 Results: Nextracker Reports 50% Revenue Growth On YoY Updated On Fri, Aug 2nd, 2024 by Saurenergy Global solar tracker company Nextracker announced its financial results for Q1 of the fiscal year 2024-25. The company reported a 50% increase in revenues on a year-over-year (YoY) basis. For FY25, Nextracker provided its full-year outlook, in which it made a revenue between $2.8 billion and $2.9 billion. The company also gained a GAAP net […] Read more
Senior Engineer – Module Production Planning & Control Updated On Fri, Aug 2nd, 2024 by Saurenergy Accomplishes manufacturing results by communicating job expectations; planning, monitoring, and appraising job results; coaching, counseling, and disciplining employees; and initiating, coordinating and enforcing systems, policies, and procedures. Recruits, selects, onboards, trains, and mentors employees. Roles and Responsibilities:- Shop Floor Management Manpower Planning To maintain a proper ratio of trained and untrained employees Improvement in FTF […] Read more
Oorja Raises $1.5M Pre-Series A For Farming-As-A-Service Model Updated On Thu, Aug 1st, 2024 by Saurenergy Oorja, a solar irrigation services and agricultural advisory to smallholder farmers in India, successfully closed its US$1.5 million Pre-Series A funding round. The company in the recent round attracted $1.2 million in equity finance from impact investors like Acumen, elea, a family trust advised by Artha Impact, Echoing Green Signal Fund, Partners Group via its […] Read more
Soltec, Fraunhofer ISE Build New Prototype For Concentrating PV Updated On Thu, Aug 1st, 2024 by Saurenergy Soltec, a vertically integrated solutions provider in the photovoltaic solar energy sector, specializing in the manufacturing of solar trackers for large-scale projects, has partnered with the Fraunhofer Institute for Solar Energy Systems ISE to develop a new prototype consisting of a two-axis tracker for concentrating photovoltaic applications. This project, led by Fraunhofer ISE, aims to […] Read more
Green Stocks Aug 1: Shakti Pumps, KPI Green See Highest Growths Updated On Thu, Aug 1st, 2024 by Saurenergy On a day when the market couldn’t quite make a decisive move in any direction save for the small cap and midcap indexes, our green stocks pack mirrored the same as well. So even as large developers Adani Green Energy and Tata Power gained, JSW Energy shed some points. Among the pack of solar EPC’s, […] Read more
Servotech Q1 Results- Revenue Grows 41% To Rs. 11,244 Lacs Updated On Thu, Aug 1st, 2024 by Saurenergy Servotech Power Systems Ltd., a manufacturer of Electric Vehicle (EV) chargers, solar solutions, and power backup systems, has announced its financial performance for the quarter ended June 30, 2024 (Q1 Fy25) In its financial highlights, Servotech reported a strong YoY growth in consolidated total revenue by 41% in Q1 FY25, rising to Rs. 11,243.92 lacs […] Read more
REPLUS Engitech, Hero Future Energies Partner For BESS Project Updated On Wed, Jul 31st, 2024 by Saurenergy REPLUS Engitech recently collaborated with Hero Future Energies to develop a 250MWh Battery Energy Storage System (BESS) project across three states namely, Karnataka, Andhra Pradesh, and Gujarat. To implement this project, REPLUS Engitech a technology-led manufacturing start-up entered into a turnkey EPC contract with Hero Future Energies. This contract seeks to improve the stability and […] Read more
2024 Q1 Result: Battery Maker Exide Sales Rose 6%, Profit Grows 16% Updated On Wed, Jul 31st, 2024 by Saurenergy Leading battery maker Exide Industries has reported a 6% increase in sales and a 16% rise in profit before tax for the first quarter of the financial year 2024-25. Exide’s revenue from operations grew by 5.9% in Q1 2025, driven by volume increases across business verticals. Operating profitability also improved despite rising commodity prices. EBITDA […] Read more
UK Raises RE Auction Funds, Offshore Wind Gets Largest Gain Updated On Wed, Jul 31st, 2024 by Saurenergy The United Kingdon (UK) government recently allocated a budget of over 1.5 billion pounds to deliver homegrown clean energy projects and boost the UK’s energy security Energy Secretary unveils this large budget to deliver new homegrown clean energy projects in the UK. The budget seeks to boost energy security, secure cheap power for families, and […] Read more