Renewables, EVs Set To Reduce Global Oil Demand, Says Report Updated On Thu, Jun 13th, 2024 by Saurenergy A latest report from the International Energy Agency (IEA) said that the global oil demand is likely to be tempered by clean energy transition. The report also said that the surge in Electric Vehicle (EV) sales and continued efficiency improvements of vehicles and use of more renewables in electricity production could negate the rise in […] Read more
Radiance Renewables & PIDG Form JV For RE Growth In India Updated On Tue, Jun 11th, 2024 by Saurenergy Radiance Renewables and the Private Infrastructure Development Group (PIDG) company, InfraCo Asia, announced a joint venture (JV) – Radiance InfraCo Renewables Private Limited. The JV will develop a portfolio of greenfield renewable energy projects for C&I clients in India, enabling them to reduce carbon emissions in their supply chain and operations to meet their sustainability […] Read more
Borosil Renewables Plans To Go For Fund Raise Updated On Mon, Jun 3rd, 2024 by Saurenergy Indian solar glass manufacturer-Borosil Renewable has now planned to for fund raise to strengthen its financial, the company recently told its investors. This has come at a time when the company has reported lower than expected profitability in the latest Q4 and annual financial results. The company’s Board has also approved the fund raise. Borosil […] Read more
Borosil Renewables Reports 21% Jump In Revenues In Q4 Updated On Tue, May 28th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewables Ltd today published its Q4 and annual financial results. The Q4 results (audited standalone) for FY24 indicated a 21 percent rise in its total revenues. However, the rise in losses remained a concern for the company. As per the details, the company reported a total revenue of Rs 23,254 […] Read more
Waaree Renewables Reports 341% Surge In PAT In Q4, 167% Annually Updated On Sat, May 11th, 2024 by Saurenergy Waaree Renewable Technologies Limited, the solar EPC arm of the Waaree Group has published its financial results for the latest quarter (Q4). It also announced its annual financial results for FY24. As per the details shared by the company in its self-disclosure before the Bombay Stock Exchange (BSE), the company continued its growth in its […] Read more
JSW Energy Q4 Results- Renewables Pipeline Climbs to 3.4 GW, WTG Manufacturing In Works Updated On Wed, May 8th, 2024 by Saurenergy JSW Energy Limited reported its results for the quarter (“Q4 FY24” ) and the financial year FY24 ended March 31, 2024, on May 7. FY2024 – Delivering Sustainable Growth JSW Energy delivered a strong performance in FY24, achieving the highest-ever EBITDA of ₹5,837 Crore. The company made significant strides towards the outlined target of 20 […] Read more
Fortum Sells Stake In Indian Solar Portfolio To Gentari Renewables Updated On Fri, May 3rd, 2024 by Saurenergy Finland-based Fortum sold its ownership in the 185-MW Indian solar portfolio and is considering alternatives for its remaining operations in India. Fortum signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Malaysia-based Gentari Renewables India Pte. Ltd., a subsidiary of clean energy solutions provider Gentari Sdn. Bhd. Gentari […] Read more
Renewables Can Bring Down Singapore’s Gas Dependency To 61%: EMBER Updated On Thu, May 2nd, 2024 by Saurenergy A recent report from energy think tank EMBER said that Singapore’s heavy reliance on gas-based electricity could be cut down with the expected rise of renewables in the country. The report said that based on its calculations, the share of electricity from gas would drop from 92% in 2022 to 61% by 2035. This was […] Read more
Borosil Renewables Plunges While Most Green Stocks Record Marginal Increase Updated On Thu, Apr 25th, 2024 by Saurenergy After recording a downfall, most of the shares were in green today except Borosil which was down 1.13 percent. Waaree and KPI Green continued to record a 5 percent increase. Interestingly, most of the green stocks registered a minute growth. Sterling and Wilson Renewable on the other hand registered a marginal increase after recording 5 […] Read more
