Q1 Results: Inox Wind Reports 85% Increase In Revenue Updated On Fri, Aug 9th, 2024 by Saurenergy Indian Wind Energy company Inox Wind Limited today announced its financial results for Q1. The figures submitted by the company revealed that the company reported an 85% rise in its total consolidated revenues on a Year-On-Year (YoY) basis. The company said that its growth outlook is reflected in the company’s large order book which stands […] Read more
Reliance Set To Launch Its First Solar Gigafactory By FY25 Updated On Thu, Aug 8th, 2024 by Saurenergy Reliance Industries, in its Integrated Annual Report 2023-24, shared its plans to commission its first solar Gigafactory in FY25, with most of the company’s renewable energy development and manufacturing operations at Jamnagar. In its business review, Reliance highlighted the growth the company has achieved from 2023 to 2024. Regarding its renewable energy (RE) plans, Reliance […] Read more
KPI Green Energy Q1 Results- Revenue Up 74% YoY, Profits Up 98% Updated On Thu, Aug 8th, 2024 by Saurenergy Surat based renewable EPC developer KPI Green Energy has announced its Q1 results today, August 8. Reflecting the strong order book it has been building up since the past 2 years, revenues were up 74% to almost Rs 350 crores year on year, while profitability improved further to 98% at Rs 66 crores for the […] Read more
Ujala Scheme: Odisha Tops The Chart With Highest LED Bulbs Updated On Wed, Aug 7th, 2024 by Saurenergy Odisha has now topped the list for extending the widest coverage of energy efficient LED bulbs under the Union government’s Ujala scheme. The latest information furnished by the Union Minister for New and Renewable Energy Manohar Lal Khattar revealed that compared to other states, the coastal state saw the highest distribution of the energy efficient […] Read more
Bihar Plans To Develop Canal Solar, Issues Tender Updated On Wed, Aug 7th, 2024 by Saurenergy The Bihar State Power Generation Company Limited (BSPGCL) has issued a tender to boost the growth of solar power plants along selected canals (canal solar) in the state. The state nodal department has identified five locations in the state where these plants will be installed. The last date for submission of the bids is August […] Read more
Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium Updated On Tue, Aug 6th, 2024 by Saurenergy International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […] Read more
After RE-Rich States, UP Emerges As The New Solar Park Hub Updated On Tue, Aug 6th, 2024 by Saurenergy Union Minister of State (MoS) for New and Renewable Energy and Power Shripad Yesso Naik recently updated Parliament on the state-wise penetration of solar parks across the country. The data shared by the minister detailed solar park projects developed in 13 states. An analysis of the data revealed that after the high penetration of solar […] Read more
Adani Energy Solutions Raises Rs 8,373 Crore From QIP Route Updated On Tue, Aug 6th, 2024 by Saurenergy Gujarat-based Adani Energy Solutions Limited (AESL), recently completed its Rs 8,373 crores (USD 1 billion) Qualified Institutional Placement (QIP). This QIP marks AESL’s first equity raise in the capital market since its demerger and listing from Adani Enterprises Limited (AEL) in July 2015. Adani Energy has a base deal size of Rs. 5,861 crore (USD […] Read more
BluPine Energy On Track To Achieve Its RE Targets: Rahul Mishra Updated On Mon, Aug 5th, 2024 by Saurenergy BluPine Energy started operations in India in 2021. Since then what were the major milestones for the firm? BluPine started its Commercial and Industrial (C&I) segment in 2022. Since then, we have secured around 400 MW of C&I projects in states like Karnataka, Maharashtra, and Chattisgarh. The company has planned to add a cumulative renewable […] Read more
