Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent Updated On Wed, May 3rd, 2023 by Saurenergy The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […] Read more
Indian PV Modules Are Gaining Global Traction: Atul Kamathi, Grew Energy Updated On Tue, May 2nd, 2023 by Saurenergy Atul Kamathi is the Vice President (EPC) of Grew Renewables Pvt Ltd, an Indian solar module manufacturer. In a short-duration interview with Saur Energy at the sideline of ReneX exhibition in Hyderabad, Kamathi talks about the journey of the Grew, the likely future of the Indian module manufacturing sector, and others. A venture of the Chiripal Group, […] Read more
NSW Announces 1.4 GW Renewables’ Tender, RWE To Develop Battery Storage Project Updated On Tue, May 2nd, 2023 by Saurenergy Just as the provincial government of New South Wales, Australia, has announced the tender allocation results for 1.4 GW of renewables, global renewables major RWE has said that itwill develop storage project in the state. RWE has been successful in the tender process offering Long-Term Energy Service Agreements to project developers of long duration storage […] Read more
Aiming To Bring Down Energy Storage Costs: Manish Narula, Jinko Solar Updated On Mon, May 1st, 2023 by Saurenergy Manish Narula is the Executive Vice President of Chinese solar manufacturer–Jinko Solar (South Asia). In an exclusive interview with Saur Energy in Hyderabad, Narula talked about his company’s experiments with newly-started energy storage devices, bifacial solar panels, and the future of these in India. Excerpts: How has the experience of Jinko Solar been in India till now? […] Read more
Serentica Renewables Secures $250 Million From KKR Updated On Mon, May 1st, 2023 by Saurenergy Sterlite Power backed Gurugram based Serentica Renewables has announced that the company has secured $250 million in a second round of funding from KKR, a global investment company. Serentica Renewables is a decarbonisation platform for the commercial and industrial (C&I) sector, focusing especially on energy intensive consumers like metals and mining. Starting with it’s own […] Read more
True Green Capital (TGC) Takes Majority Stake In CleanChoice Energy Updated On Sun, Apr 30th, 2023 by Saurenergy Connecticut based renewables investment firm True Green Capital Management has announced that it has acquired majority stake in Washington based cleantech company CleanChoice Energy. CleanChoice claims to empower people and businesses to access climate solutions. TGC will be offering dedicated capital to fund CleanChoice’s solar development pipeline. The acquisition will fuel the growth of CleanChoice […] Read more
Record Renewable Output Lowers Costs, Emissions – Australian Energy Market Operator Updated On Fri, Apr 28th, 2023 by Saurenergy According to the Australian Energy Market Operator (AEMO), the country witnessed a significant increase in its renewable energy production in the quarter that ended in March. As a result, energy costs decreased, carbon emissions hit record lows, and there was a shift away from power generated by coal and gas. This surge in renewable energy […] Read more
South Africa Releases Its Largest Renewable Energy Tender of 3,740 MW Capacity Updated On Fri, Apr 28th, 2023 by Saurenergy In a first such tender for the country on African continent, South Africa has issued its first large-scale tender aimed at procuring renewable energy. With a capacity of 3,740 MW, this is the continent’s biggest program on renewable energy. This is the release of the first phase of the RFP (Request for Proposal). The tender […] Read more
Anirban Das to Step into Chief Investment Officer Role at Vibrant Energy Updated On Thu, Apr 27th, 2023 by Saurenergy Vibrant Energy, a green energy solution provider to commercial and industrial customers, has announced the appointment of Anirban Das as the Chief Investment Officer (CIO) of the firm. In this role, Anirban will work closely with Srinivasan Viswanathan, CEO, leading all fund raising and investment activities across the capital stack for Vibrant, the company said […] Read more
