Adani To Commission 1GW Of New Wind Capacities In FY25 Updated On Fri, Aug 2nd, 2024 by Saurenergy Adani Green is now planning to add 700 MW of new wind energy capacities in the current financial year. This comes after the Indian renewable energy company commissioned 250 MW of wind energy capacities at its Khavda renewable part recently. With this, the company’s is likely to add a total of 1 GW of new […] Read more
Q1 Results: Nextracker Reports 50% Revenue Growth On YoY Updated On Fri, Aug 2nd, 2024 by Saurenergy Global solar tracker company Nextracker announced its financial results for Q1 of the fiscal year 2024-25. The company reported a 50% increase in revenues on a year-over-year (YoY) basis. For FY25, Nextracker provided its full-year outlook, in which it made a revenue between $2.8 billion and $2.9 billion. The company also gained a GAAP net […] Read more
Oorja Raises $1.5M Pre-Series A For Farming-As-A-Service Model Updated On Thu, Aug 1st, 2024 by Saurenergy Oorja, a solar irrigation services and agricultural advisory to smallholder farmers in India, successfully closed its US$1.5 million Pre-Series A funding round. The company in the recent round attracted $1.2 million in equity finance from impact investors like Acumen, elea, a family trust advised by Artha Impact, Echoing Green Signal Fund, Partners Group via its […] Read more
Green Stocks Aug 1: Shakti Pumps, KPI Green See Highest Growths Updated On Thu, Aug 1st, 2024 by Saurenergy On a day when the market couldn’t quite make a decisive move in any direction save for the small cap and midcap indexes, our green stocks pack mirrored the same as well. So even as large developers Adani Green Energy and Tata Power gained, JSW Energy shed some points. Among the pack of solar EPC’s, […] Read more
Servotech Q1 Results- Revenue Grows 41% To Rs. 11,244 Lacs Updated On Thu, Aug 1st, 2024 by Saurenergy Servotech Power Systems Ltd., a manufacturer of Electric Vehicle (EV) chargers, solar solutions, and power backup systems, has announced its financial performance for the quarter ended June 30, 2024 (Q1 Fy25) In its financial highlights, Servotech reported a strong YoY growth in consolidated total revenue by 41% in Q1 FY25, rising to Rs. 11,243.92 lacs […] Read more
REPLUS Engitech, Hero Future Energies Partner For BESS Project Updated On Wed, Jul 31st, 2024 by Saurenergy REPLUS Engitech recently collaborated with Hero Future Energies to develop a 250MWh Battery Energy Storage System (BESS) project across three states namely, Karnataka, Andhra Pradesh, and Gujarat. To implement this project, REPLUS Engitech a technology-led manufacturing start-up entered into a turnkey EPC contract with Hero Future Energies. This contract seeks to improve the stability and […] Read more
2024 Q1 Result: Battery Maker Exide Sales Rose 6%, Profit Grows 16% Updated On Wed, Jul 31st, 2024 by Saurenergy Leading battery maker Exide Industries has reported a 6% increase in sales and a 16% rise in profit before tax for the first quarter of the financial year 2024-25. Exide’s revenue from operations grew by 5.9% in Q1 2025, driven by volume increases across business verticals. Operating profitability also improved despite rising commodity prices. EBITDA […] Read more
UK Raises RE Auction Funds, Offshore Wind Gets Largest Gain Updated On Wed, Jul 31st, 2024 by Saurenergy The United Kingdon (UK) government recently allocated a budget of over 1.5 billion pounds to deliver homegrown clean energy projects and boost the UK’s energy security Energy Secretary unveils this large budget to deliver new homegrown clean energy projects in the UK. The budget seeks to boost energy security, secure cheap power for families, and […] Read more
News Briefs July 31- Chinese Manufacturers Make Global Moves Updated On Wed, Jul 31st, 2024 by Saurenergy From Jinko in Spain to Drinda in Oman, or Power China in the UAE, it’s been a week when China’s many solar manufacturers have made big moves globally to align themselves to emerging opportunities and challenges. Earlier last week, Saudi Arabia’s PIF fund had also announced some major manufacturing plans for the kingdom with leading […] Read more
