Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold Updated On Tue, May 23rd, 2023 by Saurenergy Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […] Read more
Ford Secures Lithium Hydroxide Supplies From Nemaska Lithium For 11 Years Updated On Mon, May 22nd, 2023 by Saurenergy As North America rapidly adopts electric vehicles to combat climate change through sustainability, global auto conglomerate Ford Motor Company has entered into a long-term agreement with Quebec-based Nemaska Lithium for the supply of lithium products, including lithium hydroxide, over an 11-year period. Ford said that under the terms of the agreement, Nemaska Lithium would deliver up […] Read more
Badeel, ACWA Power To Invest Over $3 billion For 4.5 GW Solar Projects In Saudi Arabia Updated On Mon, May 22nd, 2023 by Saurenergy Providing thrust to the new wave of solar power development in Saudi Arabia, the Water and Electricity Holding Company (Badeel) and ACWA Power have signed Power Purchase Agreements (PPAs) with the Saudi Power Procurement Company (SPPC) for the development and operation of three major new solar IPP projects. Badeel is fully owned by the Public […] Read more
Suzlon Bags Order From Serentica For Its 3MW Wind Turbine Series Updated On Mon, May 22nd, 2023 by Saurenergy India’s leading wind energy player Suzlon today announced bagging a ‘significant’ order for its 3 Megawatt (MW) series of wind turbines from Serentica Renewables. Serentica Renewables India Private Limited (Serentica), an energy solutions company, works towards industrial decarbonization. As per the order, Suzlon will install 68 wind turbine generators of its 3MW series with a […] Read more
Sr. Supplier Quality Engineer/ Supplier Quality Engineer Updated On Mon, May 22nd, 2023 by Saurenergy Develop and maintain strong relationships with suppliers. Develop and manage projects for new product development and supplier improvement, including supply chain improvement projects such as supplier risk mitigation, regionalization, and cost containment Drive supplier and part qualification process through assessments and PPAPs; support supplier selection process by assessing robustness of supplier’s systems through on-site audits […] Read more
Govt Reduces Subsidy For Electric Two-Wheelers Under FAME-II Updated On Mon, May 22nd, 2023 by Saurenergy In its latest notification, the Ministry of Heavy Industries has ordered reduction in subsidies for electric two-wheeler vehicles under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II scheme. The new provisions will be rolled out in India from June 1, 2023. With the reduced hand-holding support from the government, the electric two-wheeler prices are […] Read more
Suzlon Bags 25.2 MW Wind Project in Karnataka Updated On Mon, May 22nd, 2023 by Saurenergy After a streak of order wins, renewable energy solutions provider Suzlon Group has added another win to its portfolio. Suzlon has bagged a wind project with 25.2 Megawatt (MW) capacity from Sri Kumaraswamy Mineral Exports Pvt. Ltd. (SKMEPL). The firm will now be responsible for installing 12 wind turbine generators (WTGs) with a Hybrid Lattice […] Read more
GIPCL Gets 600 MW LOI for Khavda Solar Project from GUVNL Updated On Mon, May 22nd, 2023 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a Letter of Intent, dated May 16, 2023 to Gujarat Industries Power Company Limited (GIPCL), received on May 20, 2023 for 600 MW capacity solar photovoltaic power projects at Khavda. Pursuant to the LOI, GIPCL is required to sign a PPA with GUVNL as a part of […] Read more
ACWA to Invest $120 Million in Uzbekistan Renewables Afresh Updated On Sun, May 21st, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […] Read more
