Inox Wind Q2 Earnings Call: Five Takeaways Updated On Wed, Nov 6th, 2024 by Saurenergy Wind turbine manufacturing company Inox Wind after delivering optimistic Q2 results discussed several issues related to its earnings and futuristic plans besides the challenges in the sector. Following are some of the key takeaways from the discussions with the management of the firm in the latest Q2 earnings call with the investors. Buoyed by net-cash […] Read more
KP Green Energy Secures 1.0037 GW Order From GUVNL Updated On Tue, Nov 5th, 2024 by Saurenergy KPI Green Energy Limited, the renewable EPC vertical of KP Group, recently secured 1.0037 GW renewable energy project from GUVNL. These projects are won by KPI Green Energy Limited under the various tenders of the Gujarat Urja Vikas Nigam Limited (GUVNL). The Gujarat-based company will be responsible for providing a range of services, including Engineering, […] Read more
Apollo Green Energy Plans To Go Public In 2025, Targets Rs 10,000cr Portfolio Updated On Tue, Nov 5th, 2024 by Saurenergy Apollo Green Energy Limited (AGEL), part of Apollo International Group, is set to build a ₹10,000 crore project portfolio by 2025. Currently, the company manages an order book of ₹3,500 crore, with ₹2,500 crore of ongoing solar projects across various states in India. As part of its growth plan, AGEL is also preparing for a […] Read more
India’s Solar Future Faces Climate Challenge, Says IIT-Delhi Study Updated On Tue, Nov 5th, 2024 by Saurenergy India’s rapid solar energy expansion aims to power its climate commitments, yet new research reveals that climate change could pose significant challenges to the nation’s solar potential. A study from IIT Delhi (Dr. Sushovan Ghosh, Prof. Dilip Ganguly, Prof.Sagnik Dey, Mr.Subhojit Ghoshal Chowdhury), published in Environmental Research Letters (https://doi.org/10.1088/1748-9326/ad8c68), examines India’s photovoltaic (PV) potential through […] Read more
Juniper, Jakson Green & RIH Bag GUVNL’s 200 MW Wind Project Updated On Wed, Oct 30th, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has now declared Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) as winners of its (Phase VIII) 200 MW wind energy project in Gujarat. The tender for this project was released in July this year, and the results were released within four months. Gujarat Urja Vikas Nigam […] Read more
Indian Solar Cell Production Set To Expand But Challenges Galore Updated On Wed, Oct 30th, 2024 by Saurenergy Indian solar manufacturing industry is now under transition. While currently, a handful of solar cell makers are into the production of solar cells, the numbers are set to expand. A number of existing solar module manufacturing companies have now planned to add new solar cell production lines in the next two to three years. This […] Read more
Powerica Wins 50 MW Wind Energy Project From SECI Updated On Tue, Oct 29th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently announced power generation company Powerica as the winner of its 50 MW auction out of the total 500 MW wind project. The company secured the project at a tariff rate of ₹3.81 per unit. The initial tender was intended for a 500 MW project. However, SECI has […] Read more
Public Capital and Solar Firms- Made For Each Other? Updated On Mon, Oct 28th, 2024 by Saurenergy What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […] Read more
Gensol Reports 29% Rise in Profits In Q2 Over Last Year Updated On Mon, Oct 28th, 2024 by Saurenergy Gensol Engineering Limited a prominent player in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions, announced its unaudited consolidated and standalone financial results for the second quarter and half year ended September 30th, 2024 (Q2 & H1 FY25). With a play across solar projects, O&M, […] Read more
