Financial Results: Shakti Pumps Reports Stunning Profits In Q1 Updated On Sat, Jul 20th, 2024 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Limited (SPIL) has now published its financial results for the first quarter (Q1) for the financial year 2024-25 ending June 30. The Madhya Pradesh-based renewable energy company has reported an increase in its net profit on a Year-On-Basis (YoY). The financial results revealed that the company’s revenue increased […] Read more
July 18: Nifty, Green Stocks Diverge Completely Updated On Thu, Jul 18th, 2024 by Saurenergy On a day when the Nifty Index diverged significantly from the small-cap and midcap indexes, our basket of green stocks, most of which are in the latter two, suffered. Other than EPC player KPI Green Energy, which has just gone for a stock split, and was locked at the upper circuit, every green stock in […] Read more
Waaree To Start Module Production In US From Sept: Hitesh Doshi Updated On Thu, Jul 18th, 2024 by Saurenergy From an initial module manufacturing capacity of 30 MW in Surat in 2007, Waaree Energies has come a long way indeed. And helming the company through that journey from 30 MW to 12 GW now, and counting, is its founder and CMD, Dr. Hitesh Doshi. Dr. Doshi has not only seen the solar sector take […] Read more
Green Stocks July 15: KPI Green Stock Surges 5%, Takes The Lead Updated On Mon, Jul 15th, 2024 by Saurenergy After a long gap, the stock market today saw positive growth, where the stock price of most solar energy companies moved upwards. On the lead, with 5% growth was KPI Green Energy. It was followed by Inox Energy and SJVN receiving 2.17% and 2.06% respectively. Other companies that witnessed positive movements were Borosil Renewables, Waaree […] Read more
India’s Solar Journey: 5 Speed Breakers on the Journey to 100 GW and Beyond Updated On Mon, Jul 15th, 2024 by Saurenergy India has enormous solar potential due to its geographical conditions. The country’s total solar energy capacity recently surpassed 85 Gigawatts (GW), which is about 11 percent of its total solar potential of 748 GW, as assessed by the National Institute of Solar Energy (NISE). Ironically, the country had set a target of 100 GW of […] Read more
Solar Minigrids In UP Set To Expand, Opine Experts Updated On Fri, Jul 12th, 2024 by Saurenergy Leading solar energy companies from Uttar Pradesh claimed that distributed renewable energy (DRE) sources like solar mini grids are set to expand its reach in rural UP and other areas in the coming days. Several mini grid companies operating in UP and industry experts put forth their opinions before a large audience in the recently […] Read more
News In Brief July 12: EV Forklifts At Vedanta, Losses At Chinese Solar Firms, Toledo Solar Shuts Updated On Fri, Jul 12th, 2024 by Saurenergy Vedanta Aluminium Adds 66 Units Of Electric Forklifts In Odisha Vedanta Aluminium has expanded its fleet of electric lithium-ion forklifts to 66 units with the additional 22 electric forklifts at its smelter operations in Jharsuguda, Odisha. Deployed across Vedanta Aluminium’s units in Jharsuguda and Lanjigarh in Odisha, as well as its BALCO smelter in Chhattisgarh, […] Read more
EESL To Sell Solar Inverters Online, Issues Tenders For Suppliers Updated On Wed, Jul 10th, 2024 by Saurenergy Energy Efficiency Services Limited (EESL) has planned to offer solar inverters online for their ESSL mart online marketplace where consumers can directly order solar inverters. To undertake the work, EESL, a joint venture (JV) of PSUs under the Ministry of Power, invited bids for the supply through this tender, offering solar inverters online through the […] Read more
India Looks At A Electric Tractor Boom With Rise Of Manufacturers Updated On Wed, Jul 10th, 2024 by Saurenergy The Indian agricultural industry is now slowly catching up to the electric vehicle race with policymakers talking about achieving 30% electric mobility by 2030. Exports claim that these e-tractors offer better torque and power efficiency compared to its diesel counterparts. Although the sector seems to be in the infancy days of expansion, but the increased […] Read more
