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
Solar & Electric Boats To Carry Passengers In Chilika Lake Updated On Wed, May 3rd, 2023 by Saurenergy The state government of Odisha is mulling to introduce solar and electric boats as modern means of transport in the Chilika Lake for the transportation of passengers, thereby replacing machine boats. According to sources, the government will run the first solar boat in Chilika on trials for the first three months. If the trail is […] Read more
BayWa r.e. Raises $115 Million Afresh For Solar+Storage Projects Updated On Wed, May 3rd, 2023 by Saurenergy North American solar developer BayWa r.e. has secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar+storage projects in the United States. BayWa r.e. said that the credit facility will initially support projects totaling 1.1 GW of solar and 188 MWh of battery storage in […] Read more
EE North America Acquires 700 MW Colorado Solar Projects Updated On Wed, May 3rd, 2023 by Saurenergy Renewable Energy developer EE North America has acquired a majority stake in two solar projects, Sandy Hill Solar and Sand Dune Solar – which together make 700 MW of capacity – , in Colorado. EE North America said that the joint venture with solar power developer Horus Energy is thereby accelerating the USA’s transition to […] 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
Azure Power Welcomes Harpreet Singh as Head, Supply Chain Management Updated On Tue, May 2nd, 2023 by Saurenergy Independent Power Producer Azure Power has announced the onboarding of Harpreet Singh as the Head of Supply Chain Management. Harpreet Singh said about his new role, “I am happy to join Azure and look forward to bringing in my experience of implementing innovative methodologies and technologies in streamlining procurement procedures and establish strong partnerships with […] Read more
Bengaluru’s APM Projects Bags Central Mine Planning & Design Institute’s 5.2 MW Solar Project Updated On Mon, May 1st, 2023 by Saurenergy Bengaluru-based APM Projects has bagged the 5.2 MW solar project by Central Mine Planning & Design Institute. The project has been won through competitive bidding. The tender is for the design, engineering, supply and procurement, construction, erection, fabrication, commissioning, testing, operation and maintenance of five years of grid connected ground mounted solar power plant of […] Read more
In a Bid to Automate Pune Manufacturing Unit, Sunlit Power Makes INR 100 Cr Investment Updated On Mon, May 1st, 2023 by Saurenergy Sunlit Power, which manufactures batteries under brand name ARENQ, has announced its plans to invest INR 100 crore over the next two years to set up an automated manufacturing unit in Pune. It will be commissioned by October 2023. With an existing sales and service branch in Thiruvananthapuram, the company also plans to expand its […] Read more
Gensol Wins NTPC NVVN’s 0.5 MW Solar PV Project at IIM Udaipur Updated On Mon, May 1st, 2023 by Saurenergy Gensol Engineering Private Limited has bagged a 0.5 MW solar project tender floated by NTPC Vidyut Vyapar Nigam Ltd. Thr project is for the development of 0.5 MW (AC) grid connected ground mounted solar PV project at IIM-Udaipur Rajasthan under net-metering. The other bidders that participated in the competitive bidding included Rajasthan Electronics and Instruments […] Read more