NTPC Awards 15 MW Bhilai Floating Solar Contract To Madhav Infra Updated On Wed, May 29th, 2024 by Saurenergy Madhav Infra Projects (MIPL) has secured a contract to develop a 15 MW floating solar power plant in Chhattisgarh. NTPC-SAIL Power Company (NSPCL), a joint venture of NTPC and SAIL, has sent a letter of acceptance to Madhav Infra Projects (MIPL), an engineering, procurement, and construction (EPC) contractor, to develop a 15 MW floating solar […] Read more
Panasonic Energy Reports 15.45% Revenue Growth In FY23-24 Updated On Tue, May 28th, 2024 by Saurenergy Panasonic Energy India Co. Ltd. (PECIN) a part of Panasonic Holdings Corporation today, announced the audited standalone results for the financial year ended on March 31, 2024. Panasonic reported revenue growth of 15.45% over the last financial year and a 198% increase in profit after tax (PAT). These numbers are a result of cost-efficiency initiatives, […] Read more
Alpex Solar Net Profit Increases 680% YoY After IPO Updated On Tue, May 28th, 2024 by Saurenergy Alpex Solar Limited has released its yearly financial statements since its successful IPO on February 15, 2024, is this year. Net earnings for the company increased by 680 percent from INR 3.72 crore in FY23 to INR 29.05 crore in FY24. Operational revenues for the company increased to INR 404.43 crore from INR 182.69 crore […] Read more
Green Energy To Outpace Fossil Fuel In Middle-East By 2040: Rystad Updated On Tue, May 28th, 2024 by Saurenergy Renewables capacity in the Middle East is set to soar in the coming years, with green energy sources outpacing fossil fuel usage in the power sector by 2040, according to Rystad Energy’s latest research. Solar photovoltaic (PV) is expected to emerge as the predominant source, accounting for more than half of the region’s power supply […] Read more
Maxvolt Energy Secures USD 1.5 Mn From Angel Investors Updated On Tue, May 28th, 2024 by Saurenergy Maxvolt Energy Industries, a Noida-based lithium battery manufacturer, and battery pack supplier for electric vehicles, energy storage systems, and medical devices raised 1.5 million USD in funding from multiple angel investors. This capital infusion will support Maxvolt Energy’s plans to advance sustainable energy solutions and strengthen its market position by introducing fast-charging lithium-ion batteries soon. […] Read more
Adani Solar Signs MoU With Almiya Group, To SetUp 225 MW Solar Farm In Kerala Updated On Tue, May 28th, 2024 by Saurenergy Adani Solar, the solar PV manufacturing arm of the Adani Group has announced that it has signed a Memorandum of Understanding (MoU) with the Kochi-based Almiya Group. The company is a well-known solar distributor, to solidify its presence in the region. Adani Solar also laid out the plan to build a 225 MW solar power […] Read more
Hitachi Energy To Build HVDC Link To Connect Tasmania To Mainland Grid In Australia Updated On Tue, May 28th, 2024 by Saurenergy Marinus Link Pty Ltd (MLPL) has selected Hitachi Energy to supply a high-voltage direct current (HVDC) project, which will augment the connection between mainland Australia and Tasmania’s grid. The approximately 345-kilometer cable route HVDC system will enable the flow of renewable power in both directions between the Victorian and Tasmanian states. For the first time […] Read more
CEA Sees Limited Market Impact From US Policy Decisions On Solar Imports Updated On Mon, May 27th, 2024 by Saurenergy US based clean energy advisory firm Clean Energy Associates (CEA) has come out with a report detailing the likely impact of US actions on imports of solar equipment from China. While highlighting the limited nature of impact from here on, CEA’s analysis does have some interesting pointers to the future. CEA divided its assessment based […] Read more
Statcon Energiaa’s ENERGIAA X Series Stakes Claim As First 100% Indian-Designed On-Grid Solar Inverter Updated On Mon, May 27th, 2024 by Saurenergy Noida-based Statcon Energiaa, a leading name in the Renewable Energy and Power Electronics sectors in India, has unveiled its latest innovation, ENERGIAA X Series, marking what it claims is a significant advancement in the On-Grid Solar technology. Statcon claims ENERGIAA X is the first truly Indian-designed and manufactured product in the on-grid solar market, boasting […] Read more
