Adani Green Energy Q1 Results: Strong Revenue Growth, Profit Stumbles Updated On Wed, Aug 3rd, 2022 by Saurenergy Adani Green Energy Limited has announced it’s results for Q1, FY 23. The firm has reported net sales at Rs 1,701.00 crore in June 2022, up 57% from Rs. 1079 crore in June 2021. On a QoQ basis, vis a vis March 2022, sales have moved up from Rs 1587 crores in March, just over […] Read more
IOC Wants Green Hydrogen To Meet 10% Of Energy Requirements By 2030 Updated On Wed, Aug 3rd, 2022 by Saurenergy State-owned Indian Oil Corporation (IOC) has said in its annual report that the multinational PSU wants to replace a tenth of its grey hydrogen produced with the use of fossil fuels in its refineries with green hydrogen which is carbon free. The decision is aimed at de-carbonization efforts of the company. Today, the petroleum refining […] Read more
Tata Power, JLL India Come Together For Green Energy Solutions In Realty Space Updated On Tue, Aug 2nd, 2022 by Saurenergy Tata Power has said that it has signed a MoU with JLL India to promote green energy solutions in the realty sector which contributes nearly 40 per cent of all greenhouse gas emissions. The official statement of Tata Power said that JLL, which specializes in real estate and investment management, has a presence in 11 […] Read more
First Solar Announces Q2 2022 Financial Results: QoQ Growth 99% Updated On Tue, Aug 2nd, 2022 by Saurenergy US solar panel manufacturer First Solar has announced its Second quarter (Q2) 2022 financial results, reporting net sales worth $621 million for the second quarter, an increase of $254 million from the prior quarter. This 99% increase in QoQ was primarily a result of increased module sales volume and a gain on the sale of […] Read more
GreenZo Energy, Inducts Rajkumar Agarwal as Senior VP To Handle Nepal Project Updated On Tue, Aug 2nd, 2022 by Saurenergy GreenZo Energy, the New-Delhi based renewable energy consultant, has inducted Rajkumar Agarwal as Senior Vice President for Planning & Development of Projects. He will report to the Chairman and Founder of GreenZo Energy, Sandeep Agarwal. Rajkumar Agarwal worked as the Assistant General Manager (AGM) for NTPC, before joining GreenZo Energy. His background includes more than […] Read more
US Developer Longroad in $500 Million Equity Deal With MEAG Updated On Tue, Aug 2nd, 2022 by Saurenergy US renewable energy developer Longroad Energy Holdings, LLC (“Longroad”) has announced a $500 million equity investment by MEAG, acting as asset management arm for entities of Munich Re, alongside two of the company’s existing investors, the NZ Super Fund and Infratil, a listed entity managed by Morrison & Co. The investment will support Longroad’s strategic shift from […] Read more
Shocking To See How The Small-Scale, Decentralized Rooftop Solar Market Was Ignored Updated On Tue, Aug 2nd, 2022 by Saurenergy Pyse is a web-based investment platform that allows retail investors to invest their savings in sustainable projects that create social and environmental impact. The company is helmed by two young entrepreneurs Kaustubh Padakannaya and Vinay Mantha, who are using their tech background to solve climate change. Kaustubh Padakannaya is an impact-focused entrepreneur that works at […] Read more
MNRE Floats EOI for 50 Innovative Solar Pumps Under PM-KUSUM Updated On Tue, Aug 2nd, 2022 by Saurenergy Continuing with its efforts to encourage innovation in the solar pumps industry, the Ministry of New and Renewable Energy (MNRE) has published an expression of interest (EoI)inviting innovators to demonstrate their inventions. Under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyaan (PM-KUSUM) program, the Ministry of New and Renewable Energy (MNRE) has invited bids […] Read more
UK’s Foresight Solar Fund Forays Into Battery Storage; Takes 50% stake in SBSL Updated On Tue, Aug 2nd, 2022 by Saurenergy Renewable energy player, Foresight Solar Fund Limited, has acquired stakes in Sandridge Battery Storage project after it has acquired 50 per cent equity in Sandridge Battery Storage Limited (SBSL), the company is developing and constructing a large energy storage facility in UK. The facility is a 50 MW lithium-ion battery energy storage system based in […] Read more
