Tata Power’s Analyst Call Q1 FY23: Large-Scale Renewable Projects, Orders In Offing Updated On Wed, Aug 3rd, 2022 by Saurenergy Close on the heels of its announcement of Q1 FY 23 results, an analyst call of Tata Power has further shed light on the Q1 FY23 earnings of the power company. The participants of the call included Dr. Praveer Sinha, CEO and MD of TATA Power; Sanjeev Churiwala, CFO; Jinendra Patil, Financial Controller; Soundararajan Kasturi, […] Read more
Parliamentary Committee Disappointed With Ministry Over Delay In Solar Park Projects Updated On Wed, Aug 3rd, 2022 by Saurenergy Earlier this year, the Government had implemented a slew of schemes to pave the way for the establishment of 50 solar parks of aggregate capacity of 40,000 MW. Needless to say, this would have brought cheer to solar power project developers while taking up the country’s solar power capacity by several notches. A few months […] Read more
Adani Green Energy Q1 Results: Strong Revenue Growth, Profit Stumbles Updated On Wed, Aug 3rd, 2022 by Saurenergy Adani Green Energy Limited has announced it’s results for Q1, FY 23. The firm has reported net sales at Rs 1,701.00 crore in June 2022, up 57% from Rs. 1079 crore in June 2021. On a QoQ basis, vis a vis March 2022, sales have moved up from Rs 1587 crores in March, just over […] Read more
India’s Energy Consumption In July 2022 Rises By 3.8% Updated On Wed, Aug 3rd, 2022 by Saurenergy In July 2022, India witnessed a rise in electricity (energy) consumption by 3.8%. This information was released by the Power Ministry of India. According to the figures, the total power consumption of India in July was 128.38 billion units, which is 3.8% more than the previous year. The amount of power consumed in July 2021 […] Read more
Tata Power, JLL India Come Together For Green Energy Solutions In Realty Space Updated On Tue, Aug 2nd, 2022 by Saurenergy Tata Power has said that it has signed a MoU with JLL India to promote green energy solutions in the realty sector which contributes nearly 40 per cent of all greenhouse gas emissions. The official statement of Tata Power said that JLL, which specializes in real estate and investment management, has a presence in 11 […] Read more
First Solar Announces Q2 2022 Financial Results: QoQ Growth 99% Updated On Tue, Aug 2nd, 2022 by Saurenergy US solar panel manufacturer First Solar has announced its Second quarter (Q2) 2022 financial results, reporting net sales worth $621 million for the second quarter, an increase of $254 million from the prior quarter. This 99% increase in QoQ was primarily a result of increased module sales volume and a gain on the sale of […] Read more
Shocking To See How The Small-Scale, Decentralized Rooftop Solar Market Was Ignored Updated On Tue, Aug 2nd, 2022 by Saurenergy Pyse is a web-based investment platform that allows retail investors to invest their savings in sustainable projects that create social and environmental impact. The company is helmed by two young entrepreneurs Kaustubh Padakannaya and Vinay Mantha, who are using their tech background to solve climate change. Kaustubh Padakannaya is an impact-focused entrepreneur that works at […] Read more
MNRE Floats EOI for 50 Innovative Solar Pumps Under PM-KUSUM Updated On Tue, Aug 2nd, 2022 by Saurenergy Continuing with its efforts to encourage innovation in the solar pumps industry, the Ministry of New and Renewable Energy (MNRE) has published an expression of interest (EoI)inviting innovators to demonstrate their inventions. Under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyaan (PM-KUSUM) program, the Ministry of New and Renewable Energy (MNRE) has invited bids […] Read more
UK’s Foresight Solar Fund Forays Into Battery Storage; Takes 50% stake in SBSL Updated On Tue, Aug 2nd, 2022 by Saurenergy Renewable energy player, Foresight Solar Fund Limited, has acquired stakes in Sandridge Battery Storage project after it has acquired 50 per cent equity in Sandridge Battery Storage Limited (SBSL), the company is developing and constructing a large energy storage facility in UK. The facility is a 50 MW lithium-ion battery energy storage system based in […] Read more
