China’s Linton Technologies And 10 GW Wafer Machinery Order From India Updated On Tue, Oct 8th, 2024 by Saurenergy In an announcement over the weekend, Chinese solar equipment maker, China’s Linton Technologies Group, which is among the largest makers of machinery to build solar wafers, announced a large order win in India. Coming just at the conclusion of the REI 2024 expo in India, the firm said the order for machinery to make upto […] Read more
SWREL Gets New Orders Of Rs. 512 Cr From Gujarat, Maharashtra Updated On Tue, Sep 24th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable EPC received two new domestic orders from Private (IPPs) valued at Rs. 512 crore. It received this order from Gujarat and Maharashtra. It received an order for Engineering, Procurement, and Construction of a 200 MW AC / 250 MWp DC PV plant for a PV […] Read more
ALMM, RLMM Exemption for Green Hydrogen Announced Updated On Wed, May 29th, 2024 by Saurenergy In an announcement that was widely speculated about, the Ministry of New and Renewable Energy has issued an office memorandum dated May 27, that exempts solar plants , and wind energy from ALMM( Approved list of models and manufacturers) and RLMM ( Revised list of Models and manufacturers) requirements respectively if they are dedicated for […] Read more
The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets Updated On Thu, May 9th, 2024 by Saurenergy India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […] Read more
Sterling & Wilson Marks Complete Turnaround In Q3 Fy24 With Profits Updated On Sun, Apr 21st, 2024 by Saurenergy Publicly listed renewable energy company Sterling & Wilson has released its financial results for the Fourth Quarter (Q4) and FY24. The annual and quarterly results were shared by the firm with the Bombay Stock Exchange (BSE) in its public disclosure. The company reported a net profit of Rs 1.40 crore in Q4 of FY24. The […] Read more
Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins Updated On Thu, Jan 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per […] Read more
India’s Top Ten Solar Module Manufacturers Updated On Fri, Nov 10th, 2023 by Saurenergy A recent announcement by the All India Solar Manufacturers Association (AISMA) has put the spotlight on India’s surging manufacturing capacity, which has crossed the 60 GW mark recently. Highlighting the details, the association showcased that 27 of the almost 100 manufacturers account for 50 GW of installed capacity now, even as significant fresh capacities are […] Read more
India Ratings Downgrades SWREL to Default Grade Updated On Wed, Oct 11th, 2023 by Saurenergy In a move that is likely to shock, if not surprise quite a few in the industry, India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy Limited’s (SWREL) bank facilities’ ratings to ‘IND D’ from ‘IND BB-’ while resolving the Rating Watch with Negative Implications. According to India Ratings, the key […] Read more
Suzlon Onboards J P Chalasani as Chief Executive Officer Updated On Wed, Apr 5th, 2023 by Saurenergy A firm that provides clean energy solutions, Suzlon Energy has onboarded J P Chalasani as its CEO. The appointment follows the resignation of Ashwani Kumar attributable to personal reasons. Chalasani had served as the Group Chief Executive Officer of Suzlon from April 2016 to July 2020, following which, he stepped into the role of Strategic […] Read more
