Hartek Power outrights Two Solar Power Projects of 28 MW Updated On Fri, Feb 26th, 2016 by Saurenergy The pan India Engineering, Procurement and Construction (EPC) provider, Hartek Power asserts that it has successfully outright two solar power projects of 28 MW to the grid for a major solar developer in Muktsar district of Punjab. After this successful project, Hartek Power connects 72 MW of solar power to the grid in Punjab out […] Read more
Rays Power Experts Raises Rs 20 Cr Equity Funding Updated On Thu, Jul 25th, 2024 by Saurenergy Rays Power Experts, a leading full-service solar park developer in India, has raised INR 200 million in equity funding. The lead advisor for this transaction was Swastika Investmart Limited. The funding round included investments from prominent investors such as the Sunil Singhania family office, Vyom Wealth Advisors, Lalit Dua of Rajasthan Global Securities, Vineet Arora […] Read more
Waaree Renewable Geared For Much Higher Volumes if Required Updated On Tue, May 28th, 2024 by Saurenergy Waaree Renewable technologies Limited, the listed EPC arm of the Waaree Group, has been on a tear in the past 12 months. Revenue for full year FY24 stood at Rs 876.44 crores, representing a growth of 149% YoY as compared to Rs 350 crores in FY23. EBITDA for FY24 stood at Rs 207 crores as […] Read more
Sterling and Wilson Renewable’s Shilpa Urhekar Joins Gensol as CEO Updated On Tue, May 21st, 2024 by Saurenergy Shilpa Urhekar, previously, the Country Head (India) at Sterling and Wilson Renewable Energy has joined Gensol Engineering Limited, which specialises in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions as its new Chief Executive Officer (CEO) for Solar EPC (India). Ms. Urhekar will succeed Ali Imran Naqvi who has been […] Read more
Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
Mondragon Assembly to Develop Automated Manufacturing Line for Nithin Sai Renewables Updated On Mon, Jun 19th, 2023 by Saurenergy Mondragon Assembly, a provider of turnkey solar production lines, has received an order from Nithin Sai Renewables Pvt. Ltd., a subsidiary of Nithin Sai Constructions. Under this agreement, Mondragon Assembly claims that it will develop one of the most advanced and largest automated manufacturing lines in South India for Nithin Sai Renewables. The line will […] Read more
At Tata Power AGM, 30 GW Capacity Target For 2027 Firmly in Sight Updated On Fri, Jul 8th, 2022 by Saurenergy On the back of a strong set of results in FY 22, Tata Power Chairman Natarajan Chandrasekaran, iterated the firm’s focus on renewables at the Annual general Meeting of shareholders. Capex of Rs 75,000 crores over the next 5 years in renewables is expected the take the share of renewables to over 60% during the […] Read more
The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses Updated On Wed, Mar 23rd, 2022 by Saurenergy As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […] Read more
Waaree Completes 300 MW Production for US Order Updated On Tue, Jul 27th, 2021 by Saurenergy Waaree Energies Ltd., the over Rs 2000 crore Mumbai-based solar manufacturing firm has completed the production of 300+ MW solar modules for Aquamarine, a 250-MW solar photovoltaic project that is part of the first phase of Westlands Solar Park (WSP) in California’s San Joaquin Valley. WAAREE has provided 385, 390 Wp Mono PERC Solar PV […] Read more
