Powergrid Reports 4% Growth In Profit After Tax in Q4 Updated On Tue, May 23rd, 2023 by Saurenergy India’s largest electricity transmission company Powergrid recently announced its financial results for Financial Year 2023 and Q4. The Maharatna Public Sector Enterprise said that it reported a total of four percent growth of Profit After Tax (PAT) in Q4 (consolidated) on Year-on-year (YoY) basis. It also said that on a consolidated basis, its income during Q4 also […] Read more
Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold Updated On Tue, May 23rd, 2023 by Saurenergy Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […] Read more
NTPC Reports Highest Ever Annual Generation, 32% Surge In Income In FY23 Updated On Fri, May 19th, 2023 by Saurenergy The National Thermal Power Corporation of India (NTPC) today announced its Q4 and FY23 Financial Results. The leading power generator of the country claimed that during FY23, it reported the highest-ever annual generation of 399 Billion Units (BU) compared to 361 BU in FY22, registering a growth of around 11 percent. The audited results of […] Read more
Solar Module Manufacturer JinkoSolar Tops Global Solar PV Market in Q1 Updated On Mon, May 8th, 2023 by Saurenergy A newly released report published notes that JinkoSolar topped the global solar PV market in Q1, beating out “JA Solar, Trina, Longi, and other top sellers” (Solarbe, 2023).” JinkoSolar delivered 13.04 GW solar panels in Q1 2023, among which nearly 50% is N-type Tiger Neo panel, the most of any of the solar PV brands. […] Read more
Trina Solar’s Module Shipments Total 140 GW, 210mm Modules Cross 65 GW Updated On Mon, May 1st, 2023 by Saurenergy In its recently pusblished full year 2022 and Q1 2023 financial results report, Chinese photovoltaics firm Trina Solar has said its annual revenue stands at $12.645 billion (RMB 85.052 billion), seeing an increase of 83.41% on 2021. The main businesses of the firm, including PV products, PV system and smart energy all registered strong growth. […] Read more
Sterling & Wilson Renewable Reports Rs 421 Cr Loss in March Qtr Updated On Fri, Apr 21st, 2023 by Saurenergy Renewable engineering, procurement and construction (EPC) solutions provider Sterling and Wilson Renewable Energy has released its financial results for the quarter ended March. The company clearly continues to ‘clean up’ after Reliance joined as a promoter group, with consolidated revenue having dipped 92% Y-O-Y, pegged at Rs 421.11 cr. The firm has exited businesses, contracts […] Read more
Canadian Solar Announces Big Capacity Expansion Plans Updated On Wed, Apr 12th, 2023 by Saurenergy Canada based global solar equipment conglomerate Canadian Solar Inc. has announced the massive capacity expansion plans of CSI Solar Company Ltd. by the year of 2024. CSI Solar is majority-owned subsidiary of Canadian Solar. “Namely, by the end of Q1 2024, CSI Solar intends to add 30 GW of ingot, 15 GW of wafer, 10 […] Read more
We are exploring USA, Europe and Africa markets for exports too: Hiten Parekh, CBO, Navitas Solar Updated On Tue, Mar 28th, 2023 by Saurenergy Surat-based solar module manufacturing company, Navitas Solar has onboarded Hiten Parekh as its Chief Business Officer. Parekh’s professional experience includes 24 years spent in both India and abroad in various industries. He has ten years of industry experience in the solar sector. His perseverance in the solar industry, has earned Parekh the reputation of top […] Read more
PFC Inks Loan Agreement Pact with Japan Bank for Project Loan of INR 165 Cr Updated On Thu, Mar 23rd, 2023 by Saurenergy Maharatna firm Power Finance Corporation (PFC) and non-banking financial company has entered into an agreement with Japan Bank for International Cooperation (JBIC). The pact is for a project loan worth JPY 2.65 billion, which is close to Rs 165 crore. With the agreement, JBIC is looking to finance PFC’s projects that will curb greenhouse gas […] Read more
