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fy24

Waaree Renewable Reports 158% Jump In PAT In Q3

Waaree Renewable Technologies, the solar EPC subsidiary of the Waaree Group has now announced its Financial Results for Third Quarter (Q3). The consolidated financial results of the renewable firm said that its total revenue in Q3 increased by 338.78 percent on a Year-on-Year (YoY) basis.  It also announced a 158.09% increase in Profit After Tax […]

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Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins

Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per […]

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Chinese Solar Module Exports Cross 200 GW in 2023

Record high solar installations in 2023 globally have been a bonanza for Chinese module makers and associated firms, with exports expected to end at 200 GW in 2023. Based on data till November, China-based consultancy firm InfoLink Consulting’s placed Asia Pacific in the lead destination for China-made module exports in November, with India leading the […]

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IEX December Market Update- Green Market Slide Continues with 60% Drop

Indian Energy Exchange,(IEX) India’s premier energy exchange, achieved 9,707 MU overall volume in December’23, including 10.52 Lac Renewable Energy Certificates (RECs) (equivalent to 1052 MU), marking a 14.9% increase on YoY basis. IEX achieved 8,655 MU total electricity volume in December 2023, registering an increase of 8.7% on YoY basis. For the third quarter of […]

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Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round

A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […]

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Gensol Releases Sneak Peek Of Its Maiden 200Km Range Electric Car

Indian Renewable Energy Company Gensol Engineering, which had announced coming up with its first electric vehicle in 2024, released a sneak peek of its maiden electric car today. Gensol’s founder, Anmol Singh Jaggi, announced today the release of the first animated teaser of its upcoming EV. “Proud to share the first look of Made in […]

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Tata Power Claims To Install 62,000 Home Chargers For EVs Till Now

TATA Power, recently announced addition of 11,529 new Electric Vehicle (EV) home chargers in the second quarter of FY24. This brings the total count of Tata Power home EV Chargers to 62,000 across India. Tata Power claims that its home EV charging solutions enhance, convenience and accessibility of EV charging for Tata Power EZ Charge’s customer […]

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