Sterling and Wilson Reports Rs 522cr Total Income In Q1 FY24 Updated On Thu, Jul 13th, 2023 by Saurenergy Read more
Sterling and Wilson Reports Rs 522cr Total Income In Q1 FY24 Updated On Thu, Jul 13th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited today announced its First Quarter (Q1) Financial results today. Its total income consolidated (unaudited) came down from Rs 1,211.06 crore in Q1 of FY22-23 to Rs 522.35 crore in Q1 of FY 23-24, a plunge of 57 percent YoY. It also reported a sharp reduction of total expenses in […] Read more
Mcdonald’s Operator Westlife To Power A Third Of New Stores With Solar By FY24 Updated On Mon, Jun 5th, 2023 by Saurenergy To mark World Environment Day 2023, Westlife Foodworld Ltd. (formerly Westlife Development Ltd.) – owner and operator of McDonald’s restaurants in West and South India will progressively install rooftop solar panels on one-third of its new restaurants in FY24. This move is part of the company’s goal to increase the use of renewable energy. In […] Read more
Waaree Renewable Delivers With Strong Finish To FY25 Updated On Thu, Apr 17th, 2025 by Saurenergy Waaree Renewable Technologies Ltd. (WRTL), one of India’s fastest-growing and largest solar EPC companies, announced its audited financial results for Q4 and full-year FY25 on Apr 16. WRTL’s Q4 FY25 revenue from operations reached ₹476.58 crore, marking a 32.3% increase sequentially from ₹360.35 crore in Q3 FY25 and a 74.5% increase YoY from ₹273.31 crore […] Read more
What Led to the Surge in REC Purchases by DISCOMs? Updated On Fri, Apr 11th, 2025 by Saurenergy Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […] Read more
Why Co-Locating of Storage And RE Matters Updated On Fri, Apr 11th, 2025 by Saurenergy India has ambitious goals to install 450 GW of renewable energy (RE) capacity by 2030. Even though India has an impressive track record of quickly deploying renewable RE generation assets, the share of RE (excluding large hydro) in total generation continues to be low (13.75 percent) hindering grid decarbonization. The generation-installation gap can be addressed […] Read more
NTPC Commissions 90 MW Wind Project in Gujarat Updated On Wed, Apr 9th, 2025 by Saurenergy NTPC Renewable Energy Ltd (NTPC REL), has commissioned the second phase of its Dayapar Wind Energy Project in Bhuj, Gujarat, the company said in a regulatory filing. The NTPC REL, a subsidiary of NTPC Green Energy Ltd and a step-down unit of NTPC Ltd, further added, “NTPC has completed 90 MW capacity wind project which […] Read more
No Viability Gap Funding Released For BESS In FY25: Govt Updated On Fri, Apr 4th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) said that it has not issued any viability gap funding (VGF) for battery energy storage system in FY25. The Union Cabinet approved the Viability Gap Funding (VGF) scheme for Battery Energy Storage Systems (BESS) on September 6, 2023, to support sector development. Under the scheme guidelines, 10% of […] Read more
PM-KUSUM: Shakti Pumps Gets Rs. 12.42 Cr Order From MEDA Updated On Thu, Apr 3rd, 2025 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Ltd. announced today that it has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) for the installation of 445 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS). In a regulatory filing, the company said the project will be implemented at various locations across Maharashtra […] Read more
