India’s Top Ten Solar Module Manufacturers Updated On Fri, Nov 10th, 2023 by Saurenergy A recent announcement by the All India Solar Manufacturers Association (AISMA) has put the spotlight on India’s surging manufacturing capacity, which has crossed the 60 GW mark recently. Highlighting the details, the association showcased that 27 of the almost 100 manufacturers account for 50 GW of installed capacity now, even as significant fresh capacities are […] Read more
Tata Power Delivers Steady Q2, 16th Quarter of Growing Profits Updated On Fri, Nov 10th, 2023 by Saurenergy Tata Power has revealed its financial results for Q2 for FY24 in its analyst call presentations– for the quarter ended September 30, 2023. The private power firm that hopes to have a majority of it’s assets portfolio in renewables by FY26, has delivered a strong set of numbers, with profits after tax up 9% to […] Read more
Adani Green Bets High On Khavda To Boost Its RE Capacity Updated On Tue, Nov 7th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), which has aimed to deliver 45 Gigawatt (GW) of renewable energy by 2030, has planned to use the vast opportunities at Khavda Solar Park in Gujarat to bolster its capacity. The firm, in its latest investor call, talked about its likely capacity boost plans. The management said it has deployed a […] Read more
Waaree Renewable Technologies Aims To Grow Its IPP Business Updated On Tue, Nov 7th, 2023 by Saurenergy Waaree Renewable Technologies, the EPC arm of Waaree Group, claimed that it wants to boost its role as a renewable energy generator under the Independent Power Producer (IPP) category. The information was shared by Dilip Panjwani, Chief Financial Officer of the firm, in the latest investors’ call. Panjwani said the IPP business is ‘cash-intensive’ and […] Read more
Adani Green Reports 58% Spike In EBITDA On YoY Basis Updated On Mon, Oct 30th, 2023 by Saurenergy Adani Green Energy Limited (AGEL) in its latest filing before the Bombay Stock Exchange (BSE) said that it reported a 7.69 percent rise in its Profit After Tax (PAT) in the latest quarter ending September 30, 2023, compared to its last quarter. As per the details of the unaudited consolidated financial results, the renewable energy […] Read more
India Ratings Downgrades SWREL to Default Grade Updated On Wed, Oct 11th, 2023 by Saurenergy In a move that is likely to shock, if not surprise quite a few in the industry, India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy Limited’s (SWREL) bank facilities’ ratings to ‘IND D’ from ‘IND BB-’ while resolving the Rating Watch with Negative Implications. According to India Ratings, the key […] Read more
IREDA & IIFCL Unite for Financing of Renewable Energy Projects Updated On Tue, Sep 5th, 2023 by Saurenergy A Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, Indian Renewable Energy Development Agency Ltd., (IREDA) has joined hands with India Infrastructure Finance Co. Ltd (IIFCL). The MoU signed between the two entities will pave the for the financing of renewable energy projects. IREDA and IIFCL will […] Read more
NTPC, Oil India Sign MoU for Boosting Renewable & Green Initiatives Updated On Fri, Sep 1st, 2023 by Saurenergy Indian power behemoth NTPC Limited and state-owned Oil India Limited have now signed a Memorandum of Understanding (MoU) for collaboration in the business of exploration, development and production of crude oil and natural gas. The agreement was recently signed between the government enteprises to explore collaboration in Renewable Energy, Green Hydrogen and its derivatives, geothermal […] Read more
The Unicorn In Solar Market : Zetwerk’s Story Updated On Thu, Aug 31st, 2023 by Saurenergy Ever since the solar sector was brought into focus sharply in 2014, in the form of an ambitious capacity addition plan by the central government, the sector has been abuzz. Yes, there have been the predictable, and some unpredictable roadblocks too, be it the covid pandemic, or the price volatility that followed it. But there […] Read more
