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
Q2 Results: First Solar Sees 24.6% Rise In Sales Updated On Wed, Jul 31st, 2024 by Saurenergy US solar module manufacturer, First Solar, recently released the latest financial results for the second quarter ending June 30, 2024, in which the company made a net sales of $1.0 billion. In this quarter, the company saw an increase in sales by $0.2 billion from the previous quarter. First Solar in its second quarter reported […] Read more
KERC Brings New Norms For EV Charging Stations For Buildings Updated On Wed, Jul 31st, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) in its latest suo motto order has issued new guidelines for the establishment of Electric Vehicle (EV) Charging Stations for commercial/residential buildings in urban areas of the state. The state power regulator said that the move was taken to streamline the establishment of the charging stations by bringing more […] Read more
Global Investments In Battery To Decline In 2024: Rystad Report Updated On Wed, Jul 31st, 2024 by Saurenergy Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research. The researchers attributed this trend owing to a slump in battery infrastructure investments in mainland China for the global slowdown, as the Asian economic […] Read more
Spain Moves To Build Solar Supply Chain, Energy Storage Manufacturing Updated On Wed, Jul 31st, 2024 by Saurenergy Spain, one of the most well placed countries in Europe for Solar power, crossed the 25 GW mark for installed solar capacity in 2023. Now, the Spanish government is moving to ensure a significant part of future additions come from domestically produced panels, besides the next big growth area, energy storage as well. The energy […] Read more
India To See 9.17% Growth In EV Sector Workforce: TeamLease Updated On Tue, Jul 30th, 2024 by Saurenergy TeamLease’s recent survey points towards a transition in the employment structure within the power and energy sector, particularly in the electric vehicle (EV) segment from April-September 2024-2025. TeamLease presented its ‘Employment Outlook Report’ for the first half of the fiscal year 2024-25 where it analyzed data from a wide-ranging survey of 1,417 employers across 23 […] Read more
Gov Extends E-Mobility Scheme With A Budget Of Rs 778cr Updated On Mon, Jul 29th, 2024 by Saurenergy In 2019, the Indian government approved the ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ to promote electric mobility. Recently, the government extended the duration of the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, now running until September 30, 2024. Additionally, the scheme’s outlay has been […] Read more
Gensol Receives EPC Award For Gujarat’s Khavda RE Power Park Updated On Mon, Jul 29th, 2024 by Saurenergy Gensol Engineering a solar Engineering, Procurement, and Construction (EPC) services and electric mobility company today announced receiving Notification of Award for the Engineering, Design, Procurement, Erection, Testing & Commissioning for Solar plant at Khavda Renewable Power Park, Rann of Kutch, Gujarat. This Rs 463 crores project will be fixed tilt module mounting structure along with […] Read more
Lubi EV Solutions Makes Steady Progress With First Set of Installations Updated On Mon, Jul 29th, 2024 by Saurenergy Lubi Pumps, (flagship brand of Lubi Industries LLP) has notched up some notable wins for its new vertical in EV charging solutions. LUBI EV Solutions is the company’s vehicle for entry into electric vehicle chargers, the critical, and fast growing accompaniment to India’s EV transition. Aligning with the Indian Government’s make in India initiative, Lubi […] Read more
