Waaree Renewable Reports 158% Jump In PAT In Q3 Updated On Mon, Jan 22nd, 2024 by Saurenergy 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 […] Read more
Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins Updated On Thu, Jan 18th, 2024 by Saurenergy 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 […] Read more
Chinese Solar Module Exports Cross 200 GW in 2023 Updated On Mon, Jan 15th, 2024 by Saurenergy 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 […] Read more
IEX December Market Update- Green Market Slide Continues with 60% Drop Updated On Thu, Jan 4th, 2024 by Saurenergy 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 […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy 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, […] Read more
Gensol Releases Sneak Peek Of Its Maiden 200Km Range Electric Car Updated On Wed, Dec 13th, 2023 by Saurenergy 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 […] Read more
PV Solar Panel Manufacturer Alpex Solar Limited files DRHP, To Be Listed With NSE Emerge Updated On Tue, Dec 5th, 2023 by Saurenergy Greater Noida- based Alpex Solar Limited, has announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge. The offering comprises a fresh issuance of 64,80,000 equity shares with a face value of Rs. 10 for each share. Alpex Solar clocked a revenue of Rs. 183.93 crore in FY23, up from Rs. 156.06 […] Read more
Airtouch Solar to Offer Robotic Cleaning Systems for Adani Green’s 150 MW Solar Project Updated On Wed, Nov 29th, 2023 by Saurenergy Airtouch Solar, a developer of robotic solutions for the solar energy market, has announced the signing of an agreement with Adani Green Energy Limited (AGEL), to supply and install water-free robotic cleaning systems for a 150 MW solar plant in India. Under the agreement, Airtouch Solar will install robots at the site by the end […] Read more
Tata Power Claims To Install 62,000 Home Chargers For EVs Till Now Updated On Thu, Nov 23rd, 2023 by Saurenergy 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 […] Read more