Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
EV Start-Ups River And OTO Raise $40 Million & $10 Million Respectively Updated On Wed, Feb 7th, 2024 by Saurenergy As the electric vehicle industry in India is finding ways to steady rise, the start-ups in the EV ecosystem are strengthening the supply chain and expanding by garnering fresh funds. In fresh developments, EV maker River and EV finance firm OTO have raised $40 million and $10 million to further their businesses River Secures $40 […] Read more
Growatt Supplies Residential PV Solutions To Pune Apartment Updated On Wed, Feb 7th, 2024 by Saurenergy Energy solutions company Growatt recently unveiled a 350kW rooftop PV project for a prominent apartment, Rohan Kritika at Pune in Maharashtra. Growatt, meanwhile, has provided products and services to families across 180 countries and regions globally. Last year, they successfully empowered many homes, businesses, and communities in India. Rohan Kritika has several attractive amenities, tranquil […] Read more
Nextracker Continues Strong Show, Q3 EBITDA Up 168% YoY Updated On Fri, Feb 2nd, 2024 by Saurenergy US based solar tracker firm Nextracker, in its first earnings announcement since turning a completely independent firm has delivered a stellar set of results. Nextracker’s adjusted earnings before inflation, taxes, depreciation and amortisation (EBITDA) in Q3 FY24 reached US$168 million, more than doubling over the EBITDA in the last 12 months with a 168% year-on-year […] Read more
Strata Clean Energy Commences 1GW Battery Storage Project in Arizona Updated On Thu, Feb 1st, 2024 by Saurenergy US-based Strata Clean Energy, the grid-scale renewable energy solutions company, initiated the works for for its Scatter Wash battery storage complex in Phoenix, Arizona. The 255 MW / 1,020 MWh facility is expected to become operational in April 2025. The project’s batteries can store enough electricity to power more than 250,000 homes for 4 hours […] Read more
Amazon Signs Pact With ENGIE To Procure 473MW RE From Wind Farm Updated On Tue, Jan 30th, 2024 by Saurenergy Amazon signed a corporate power purchase agreement (CPPA) with ENGIE, increasing its output share from Ocean Winds’ Moray West offshore wind farm. The agreement would bring Scotland’s total renewable energy capacity operational this year to 473MW when the site becomes operational later this year. ENGIE stated, “This is enough energy to power more than 650,000 […] Read more
Tracker Firm PVH Claims New Process Will Reduce Installation Time by 40% Updated On Mon, Jan 29th, 2024 by Saurenergy Valencia, Spain based PVHardware (PVH or Polígono Industrial Castilla Vial), a global solar tracker manufacturing firm, has unveiled what it terms a groundbreaking in-house pre-assembly process across all production centers, marking a seismic shift in solar installation efficiency. PVH claims that this strategic innovation dramatically slashes the number of components shipped to installation sites by […] Read more
Global Maritime To Lead Maintenance At Offshore Wind Farm In Scotland Updated On Thu, Jan 25th, 2024 by Saurenergy Global Maritime, an offshore operations company, will manage the maintenance-related heavy operations at the Hywind floating offshore wind farm. The company has been awarded a contract pertaining to project management, engineering works, and other site-related operations. Masdar, a renewable energy company, and Equinor, an international energy company were involved in developing the Hywind offshore wind […] Read more
Taiwan’s FSP Group Launches PV Inverters, Energy Storage System Updated On Wed, Jan 24th, 2024 by Saurenergy Taiwan-based FSP group has announced new green energy solutions include the LightUp off-grid PV Inverter and EnerX 3000 energy storage system. Founded in 1993, FSP Group (3015) is one of the world’s leading power supply manufacturers. LightUp Series PV Inverters Off-grid solar PV inverters are the most cost-effective solution for energy self-consumption for rural areas […] Read more