JSW Energy Reports 80% Rise In Net Profits In Q1 Updated On Sun, Jul 21st, 2024 by Saurenergy JSW Energy has published its latest financial results for the first quarter of Financial Year 2024-25. The information submitted by the company before BSE revealed that the company has raised its net profit by around 80 percent on a Year-on-Year (YoY) basis. As per the details, the company reported a total Profit After Tax (PAT) […] Read more
Financial Results: Shakti Pumps Reports Stunning Profits In Q1 Updated On Sat, Jul 20th, 2024 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Limited (SPIL) has now published its financial results for the first quarter (Q1) for the financial year 2024-25 ending June 30. The Madhya Pradesh-based renewable energy company has reported an increase in its net profit on a Year-On-Basis (YoY). The financial results revealed that the company’s revenue increased […] Read more
Q1 Results: Sterling & Wilson Reports Profit, Gets Rs 2,170cr Orders Updated On Thu, Jul 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWREL) in its first quarterly results for financial year 2025 (FY25), reported profits with a continued revenue growth of 78% (year-over-year) YoY. The renewable EPC received a order inflow of Rs. 2,170 crores and claims to receive a strong rebound in its revenue in Q4 FY24. continues its growth […] Read more
The Top 5: India’s 10 GW Club for RE Developers is Set to Expand Significantly by 2025 Updated On Thu, Jul 4th, 2024 by Saurenergy India has made remarkable strides in the renewable energy sector over the past few years, largely due to the emergence of major renewable energy developers within its borders. Just a few years ago, there were no significant renewable energy project developers in the country. In fact, in 2020, there was no renewable energy developer with […] Read more
IEX June Update- Prices Hold Steady As Demand Rises Updated On Wed, Jul 3rd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved electricity volume of 10,185 MU in June’24, marking a 24.7% year on year increase. The total monthly volume including certificates at 10,677 MU, increased 19.4% on year-on-year basis. For the first quarter of the fiscal year 2025, IEX achieved electricity volume of 28,178 MU, an increase […] Read more
Loan Sanctions Up 383%, Disbursements 68% For IREDA In Q1 2024-25 Updated On Mon, Jul 1st, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has reported a strong performance for the first quarter ended 30th June 2024. According to provisional figures, subject to audit, the company recorded substantial increases in loan sanctions, disbursements, and its loan book. The renewables focused firm, which has also been the preferred nodal agency for many key […] Read more
EVs Likely To Clock Around 1.3-1.5 Lakh Sales In FY25, Finds Report Updated On Wed, Jun 26th, 2024 by Saurenergy CareEdge Rating, a rating agency report on passenger vehicle (PV) sales in the automobile industry said that India is expected to experience a strong demand for new model launches. The report attributed this growth to continued growth in demand for Electric Vehicles (EVs) and SUVs coupled with a possible cut in interest rates in the […] Read more
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