Trinasolar Partners with Singapore’s A*STAR For Advanced Energy Storage Updated On Fri, Aug 9th, 2024 by Saurenergy Trinasolar, a global leader in smart PV and energy storage solutions has entered into a research collaboration with the Agency for Science, Technology and Research (A*STAR) Singapore’s lead public sector R&D agency. This collaboration aims to advance the optimization and upgrading of industrial battery manufacturing technologies, contributing to the green and low-carbon energy transition in […] Read more
Mooving, HPCL Collaborate To Expand Battery Swapping Stations Updated On Thu, Aug 8th, 2024 by Saurenergy Mooving, a smart swapping network powered by Livguard and a brand under the SAR Group announced collaborating with Hindustan Petroleum Corporation Limited (HPCL), a government enterprise. Under the partnership, Mooving will get access to 22,000+ HPCL retail outlets across India to install its automated swapping stations. One of the key factors in HPCL’s decision to […] 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
Suzlon Acquires 51% Stake In Wind O&M Services Firm Renom Updated On Wed, Aug 7th, 2024 by Saurenergy Suzlon Group, India’s largest renewable energy solutions provider, has executed definitive agreements for the acquisition of a 76% stake in Renom Energy Services Private Limited (“Renom”), in two tranches, from the Sanjay Ghodawat Group (SGG). Renom is the largest Multi Brand Operations and Maintenance service (“MBOMS”) provider in the country with assets of 1,782 MW […] Read more
Neuron Energy Secures Rs. 20 Cr In Series A Funding Updated On Tue, Aug 6th, 2024 by Saurenergy Neuron Energy today concluded its Series A funding round, raising Rs. 20 Crores from investors, including contributions from the Chona Family, a venture capital firm, and Capri Global Family Office, a Non-Banking Financial Company (NBFC). Neuron Energy is an electric vehicle (EV) battery manufacturer that offers various electric mobility solutions that span from lead-acid to […] Read more
Inox Wind Secures Latest 201 MW Order From Integrum Energy Updated On Tue, Aug 6th, 2024 by Saurenergy Wind Energy company Inox Wind Limited (IWL) today announced bagging an order for 201 MW of wind turbines from Integrum Energy Infrastructure Ltd, a leading C&I player. The Uttar Pradesh-based wind company received an equipment supply order for IWL’s latest 3 MW Wind Turbine Generators (WTGs). Additionally, Inox Wind will provide post-commissioning multi-year operations & […] Read more
IITM Research Park Launches 1MWh Battery Storage System Updated On Mon, Aug 5th, 2024 by Saurenergy On August 5, 2024, the Indian Institute of Technology Madras (IITM) research park launched the first-of-its-kind large-scale 1MWh lithium-ion battery storage system. The launch was done in the presence of Michelle Lujan Grisham, Governor of New Mexico. The storage system, designed and developed by the Center for Excellence in Energy & Telecommunications (CEET) is part […] Read more
Amara Raja Reports Solid Q1 Results, Commissions 90 MW Solar For NTPC Updated On Mon, Aug 5th, 2024 by Saurenergy Hyderabad based Amara Raja Energy & Mobility Limited (ARE&M), (formerly known as Amara Raja Batteries Limited), has reported profit before tax of ₹ 328.66 Cr for Q1 of FY25 registering a growth rate of 23% over Q1 of FY24. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended Jun 30, 2024 Jun 30, 2023 Revenue […] Read more
Q1 Results: Nextracker Reports 50% Revenue Growth On YoY Updated On Fri, Aug 2nd, 2024 by Saurenergy Global solar tracker company Nextracker announced its financial results for Q1 of the fiscal year 2024-25. The company reported a 50% increase in revenues on a year-over-year (YoY) basis. For FY25, Nextracker provided its full-year outlook, in which it made a revenue between $2.8 billion and $2.9 billion. The company also gained a GAAP net […] Read more
