Hero MotoCorp Invests Rs. 124 Crore In Ather Energy Updated On Fri, Jun 7th, 2024 by Saurenergy Delhi-based Hero MotoCorp invested, up to Rs. 124 Crore in Ather Energy an electric two-wheeler company in Bengaluru. Ather Energy is engaged in designing, manufacturing, selling, and servicing electric two-wheelers. It has business spread out in charging infrastructure, storage, distribution, and management of electric power. This included energy investment in batteries and other ancillary services. […] Read more
How Chinese Solar Glass Dumping Triggers Price War In India? Updated On Fri, Jun 7th, 2024 by Saurenergy The selected Indian solar glass manufacturing companies in India had been reiterating the demand for imposing import duties (tariff barriers) against the dumping of cheap Chinese and Vietnamese solar glasses. However, it is still under consideration of the Indian government. The decision to impose such a duty has been shifted to September 2024 which was […] Read more
KPI Green To Light Up 26.15 MW Solar Plant, With Order From 20 Textile Companies Updated On Thu, Jun 6th, 2024 by Saurenergy Gujarat-based KPI Green Energy has received an order to develop a 26.15 MW solar power plant from an aggregation of textile firms in Gujarat. This order was received by KPI subsidiary, Sun Drops Energia, to develop the project under the captive power producer (CPP) segment. KPI has been particularly strong in the segment as an […] Read more
REC Trading At IEX Skyrockets, Sees 640% Growth In May Updated On Thu, Jun 6th, 2024 by Saurenergy The trading of Renewable Energy Certificates (REC) seems to have escalated at the Indian Energy Exchange (IEX), the power exchange data shows. The publicly-listed power exchange firm recently shared its data on the trading of its different products including RECs. IEX said that the renewable energy certificates (REC) trading in May stod at 1,055 MUs. […] Read more
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
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
Suzlon Reports Highest Ever Orders With India’s Rise On Wind Energy Installations Updated On Fri, May 31st, 2024 by Saurenergy Indian Wind Turbine Manufacturer-Suzlon Energy is now confident of dominating the Indian wind market. In its latest investors call, the management expressed confidence on its position amid the presence of foreign wind energy companies. The firm attributed this to their existing clients and prices. When talked about the competitions from companies like Vestas or Envision, […] 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
NTPC Awards 15 MW Bhilai Floating Solar Contract To Madhav Infra Updated On Wed, May 29th, 2024 by Saurenergy Madhav Infra Projects (MIPL) has secured a contract to develop a 15 MW floating solar power plant in Chhattisgarh. NTPC-SAIL Power Company (NSPCL), a joint venture of NTPC and SAIL, has sent a letter of acceptance to Madhav Infra Projects (MIPL), an engineering, procurement, and construction (EPC) contractor, to develop a 15 MW floating solar […] Read more
