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
South America Could Become Next Frontier For Offshore Wind Updated On Wed, Jul 31st, 2024 by Saurenergy South America, for long the forgotten continent in solar and wind energy until the early 2020s, is playing catch up finally. Even as large solar projects have been the preserve of Brazil and Chile until now, when it comes to wind, it is offshore wind that is promising some major changes. The largest country in […] Read more
Q1 Results: Waaree Renewable Reports 85% Rise In Revenues On YoY Updated On Tue, Jul 30th, 2024 by Saurenergy Waaree Renewable today published its financial results for the first quarter (Q1) of Financial Year 2024-25. The details furnished by the Indian renewable energy company revealed that the company registered a 84 percent growth in its total revenues on a Year-on-Year (YoY) basis. On the other side, on a Quarter-on-Quarter (QoQ) basis, the firm reported […] Read more
NTPC Achieves 76 GW Capacity, Adds 4 GW In FY24 Updated On Tue, Jul 30th, 2024 by Saurenergy NTPC, at its annual investor’s meeting, announced it has attained a 76 GW installed capacity by June end, of 2024. The company added 4 GW of capacity in FY24, with 21 GW currently under construction and 26 GW under planning. The latest addition was the completion of a small but prestigious 40 MW project at […] Read more
Transmission & RE Grid Integration Specialist Updated On Tue, Jul 30th, 2024 by Saurenergy The Transmission and RE Grid Integration Specialist will conceptualise, plan, and assess the transmission and RE grid integration initiatives. This position involves conducting an assessment of transmission and RE grid integration, technical due diligence, supporting the PPIC team across relevant programmes, and applying global best practices in smart grid infrastructure development. The specialist will develop […] Read more
