Tata Power Reports 12% Increase in Profits, Citing Renewable Additions & Lower Losses Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has reported its profits grew 12 percent and stood at Rs 246 crore as compared to the corresponding quarter last year at Rs 220 crore. Tata Power has announced its financial results for the third quarter of the financial year 2020, reporting consolidate Profits After Tax (PAT) grew 12 percent and stood at […] Read more
Tata Launches ‘I Have the Power’ Campaign to Create Green Awareness Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has launched a nation-wide campaign ‘I Have the Power’ to create awareness on the green choices it provides to today’s customers. India, as a growing and developing nation, faces an enormous challenge of growing fast and responsibly like other emerging economies. This issue of our time needs to be addressed since climate change […] Read more
Magenta Power Opens its First R&D Centre in Navi Mumbai Updated On Wed, Jan 15th, 2020 by Saurenergy Magenta Power has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in Navi Mumbai Mumbai based, Magenta Power (ChargeGrid), a leading EV charging solutions provider, has announced that it has opened its first R&D Centre, the national centre for Magenta’s facilities in India. The new facility will help […] Read more
Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy Updated On Tue, Dec 17th, 2019 by Saurenergy Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […] Read more
Punjab in Talks With Japan for Launching Electric Buses Updated On Tue, Dec 3rd, 2019 by Saurenergy The Punjab government is in talks with Japan to launch electric buses based on the Japanese model of state-of-the-art quick charge lithium-ion batteries The Punjab government has informed that it is in talks with Japan to launch electric buses based on the Japanese model of state-of-the-art quick charge lithium-ion batteries in the state. The project will begin with […] Read more
Solar Inverters Ready For the Spotlight Updated On Fri, Nov 22nd, 2019 by Saurenergy For most people, thinking of solar usually brings to mind solar panels, the distinctive signature of solar energy. But this story takes a look at another critical part of the solar chain, the inverters. These devices, tasked with the job of converting DC power to AC and more, have been largely taken for granted, even […] Read more
In Conversation with Sudhir Aggarwal and Shival Garg of Patanjali Renewable Energy Updated On Wed, Nov 20th, 2019 by Saurenergy Patanjali Renewable Energy Pvt Ltd is a manufacturer of solar photovoltaic (PV) modules, solar street lights, solar water pumps, solar inverters, solar home lighting solutions etc. The company is also operating its retail chain called ‘Patanjali Urja Kendras’ in different parts of the country. It is also planning to venture into the Electric Vehicle […] Read more
French Energy Major EDF Bets on Storage With Pivot Power Buy Updated On Tue, Nov 5th, 2019 by Saurenergy French utility EDF continues to invest in a future where it expects storage to play a critical role, by acquiring UK battery storage firm Pivot Power. For EDF, the acquisition is another step in its effort to become a large scale storage firm. The takeover of Pivot Power also follows EDF’s acquisition in September 2018 […] Read more
CCI Okays Hyundai, Kia’s Stake Buy in ANI, Ola Electric Updated On Thu, Oct 31st, 2019 by Saurenergy The Competition Commission of India (CCI) has provided its nod for the acquisition of shareholding by Hyundai Motor and Kia Motors in Ola Electric Mobility and ANI Technologies. The Ministry of Corporate Affairs said in a statement that, “CCI approves the acquisition of shareholding in ANI Technologies Pvt Ltd (ANI) and Ola Electric Mobility Pvt […] Read more
