Hero Future Energies Signs MoUs for INR 6200 Cr to Develop Future RE Projects Updated On Tue, Jul 25th, 2023 by Saurenergy Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of INR 31100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa. A sum of Rs 6200 crores, gained […] Read more
Suzlon’s Net Profit Slides Over 63%, 58% in QoQ & YoY Comparisons Respectively Updated On Tue, Jul 25th, 2023 by Saurenergy Renewable energy solutions provider Suzlon Energy Limited has declared its financial results for the period ended June 30, 2023. Financial Results (Q1 FY2024) – Quarter on Quarter Comparison The total income of the firm stands at INR 1361.68 crores in the period ended June 30, 2023. The total income when compared to that in Q4 […] Read more
Waaree Renewable Technologies Reports Revenue of INR 129 Cr in Q1FY24 with 35.7% Surge YoY Updated On Mon, Jul 24th, 2023 by Saurenergy Waaree Renewable Technologies Limited, the solar EPC subsidiary of Waaree Group and a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ending June 30, 2023. In Rs Cr Q1FY24 Q1FY23 Y-o-Y Change Revenue 128.9 95.0 35.7% EBITDA 16.0 13.1 22.4% EBITDA Margin 12.4% 13.7% […] Read more
Senior Electrical Engineer (EMEA Delivery) Updated On Mon, Jul 24th, 2023 by Saurenergy Development and design of electrical drawings like single line diagrams, schematics and other wiring diagrams for battery storage systems, including MV/HV Responsible for short circuit, load flow and arc flash documentation Responsible for quality control of all deliverables within the scope of Engineering Responsible for electrical equipment specifications, data sheets, purchase requisitions and bid evaluations […] Read more
Adani Green Wins Battle At TNERC With Tangedco On Tariff Applicability Updated On Mon, Jul 24th, 2023 by Saurenergy In an order dated July 20, the Tamil Nadu Electricity Regulatory Commission (TNERC) has ruled in favour of Kamuthi Renewable Energy Ltd., a subsidiary of Adani Green Energy Limited in a case involving a dispute with TANGEDCO on the applicable tariff for a 75 MW project at Kamuthi. Tangedco, in an order September 2016, had […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
NLC India in Talks with Andaman for 20 MWh Storage System Updated On Mon, Jul 24th, 2023 by Saurenergy NLC India is in discussions with the Andaman and Nicobar authorities for the establishment of a 20 MWh storage battery system. The islands are currently dependent on diesel generators, with the systems helping meet 95% of the energy requirement and the remaining 5% from hydropower. “South Andaman has a 20 MW solar plant and an 8 […] Read more
ACME Group Achieves Financial Closure of INR 4,000 Cr Debt for Green Hydrogen & Ammonia Updated On Fri, Jul 21st, 2023 by Saurenergy Diversified renewable energy company ACME Group announced securing INR 4,000 crore loan from one of the India’s largest green infrastructure financial institutions Rural Electrification (REC) Limited for its green hydrogen and green ammonia project in Oman. The loan will be utilized to commence the first phase of the pioneering green hydrogen and green ammonia project, […] Read more
9 EV Financing Startups in India Accelerating EV adoption Updated On Fri, Jul 21st, 2023 by Saurenergy The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […] Read more
