ACEN Inks RECAU Agreement with Laguna Lake Development Authority in Philippines Updated On Fri, Aug 11th, 2023 by Saurenergy Makati-based ACEN, through its subsidiary companies, entered into a significant Renewable Energy Contract Area Utilization (RECAU) agreement with the Laguna Lake Development Authority (LLDA) in the Philippines. The purpose of this agreement is to secure the lease of 800 hectares of Renewable Energy Areas (REAs) located in Laguna. This pivotal arrangement signifies ACEN’s commitment to […] Read more
Germany’s MAHLE Introduces Bionic Cooling Plate for Improved Battery Efficiency Updated On Fri, Aug 11th, 2023 by Saurenergy Drawing inspiration from the natural world, Germany-based automotive supplier MAHLE has achieved technological advancement through its novel battery cooling plate. By adopting a bionic design for the cooling channels, which mimics nature’s patterns, the company’s engineers have brought about a noteworthy transformation. This innovative approach leads to a enhancement of both thermodynamic efficiency and structural-mechanical […] Read more
After BSE, Waaree Renewable Considers Plans For Listing In NSE Updated On Fri, Aug 11th, 2023 by Saurenergy Indian solar EPC and O&M player Waaree Renewable Technologies is now mulling the listing of its company at the National Stock Exchange (NSE). It is already listed under the Bombay Stock Exchange (BSE). The company management shared the information during its recent investors call. The firm recently updated the details of the investors’ call to […] Read more
Ola Electric Recorded Sales of Rs 373 Cr in Fy22, Even as Losses Rose 4X Updated On Thu, Aug 10th, 2023 by Saurenergy Market leader Ola Electric has finally filed its Fy22 numbers a year behind schedule. And the numbers don’t make for pleasant reading, if you are an accountant. However, with it’s leadership in the 2 wheeler segment well entrenched for now, the firm will be expected to report a stronger set of numbers for FY23, as […] Read more
Tata Power-DDL Achieves RPO Compliance Third Time in a Row Updated On Thu, Aug 10th, 2023 by Saurenergy Tata Power Delhi Distribution Limited (Tata Power-DDL), a power utility that supplies electricity to a populace of 7 million in North Delhi and Northwest Delhi, has announced that it has fulfilled Renewable Purchase Obligation (RPO) for the third consecutive year. The company sourced 2600 million units of green power in FY 2022-23 from various sources […] Read more
Tata Power Reports 29% Growth In PAT In Q1 YoY Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 […] Read more
Adani’s 5.2 MW Onshore Wind Turbine A Step Closer To Launch Updated On Wed, Aug 9th, 2023 by Saurenergy The Adani group’s much anticipated 5.2 MW wind turbine being built at Mundhra, Gujarat, is close to a formal unveiling. Touted as the country’s largest wind turbine and one of the largest on-shore machines in the world when ready, the machine is being built with technology from W2E Wind to Energy GmbH of Germany. Till […] Read more
LOHUM & Vecmocon Partner to Power 100,000 LIB-Enabled EVs Updated On Wed, Aug 9th, 2023 by Saurenergy Producer of sustainable energy transition materials and Vecmocon, an Indian EV intelligence company backed by Tiger Global & Blume Ventures, have partnered to accelerate EV battery adoption and enable easy financing. The partnership aims to accelerate second-life battery use and power 100,000 LIB-enabled EVs over two years with AI-powered Battery Management System (BMS) by determining […] Read more
Tata Power Signs MoU With Maharashtra For 2800 MW of PSP Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power has signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop Pumped Hydro Storage Projects (PSP) with a combined capacity of 2800 MW. The power firm said these projects will likely see an investment of around Rs 1300 crore. The company shared the information in its latest filing before the Bombay Stock Exchange […] Read more
