Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead Updated On Thu, Aug 12th, 2021 by Saurenergy Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […] Read more
Tata Power Wins 20MW Solar plus 50MWh Battery Storage Auction of SECI Updated On Thu, Aug 12th, 2021 by Saurenergy Tata Power Solar, India’s largest solar energy company, and Tata Power’s wholly-owned subsidiary has received a “Notice of Award” (NoA) to build 50MWp Solar PV Plant with 50MWh Battery Energy Storage System (BESS) project at Phyang village in Leh, Ladakh. The order value of the project is ÌNR 386 crores. The commercial operation date for […] Read more
Vestas Revenues At $4.1 Bn in Q2 FY21, Orsted Reports $2.68 Bn Updated On Thu, Aug 12th, 2021 by Saurenergy Danish wind turbines manufacturer, Vestas Wind Systems, has released its financial results for the second quarter of the fiscal year 2021 (Q2FY21), and it has reported a revenue of EUR 3.53 billion (USD 4.15 billion). Fellow Danish utility and developer, Orsted also reported its financial results for the same quarter today, coming out with a […] Read more
CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
Czech Auto Major Skoda Runs Dealership on 2nd Life Lithium Ion Batteries Updated On Thu, Aug 12th, 2021 by Saurenergy Skoda, the Czech automobile manufacturer is powering its dealerships in Prague using power generated through second-life lithium-ion batteries from its PHEVs and BEV models. It has announced plans to install power hubs made from its own old electric vehicle (EV) batteries, across its retailer network around the country. This comes under a partnership of Skoda […] Read more
MNRE Invites EoI for Evaluation of Solar Park Development Scheme Updated On Thu, Aug 12th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited Expression of Interest (EoI) from reputed experts and consultancy firms for evaluating the “Development of Solar Parks and Ultra Mega Solar Power Projects” scheme, which the ministry has been implementing since December 2014. The main objective of the scheme is to set up at least 50 […] Read more
40 Electric Buses from Ashok Leyland Hit Roads of Chandigarh Updated On Thu, Aug 12th, 2021 by Saurenergy A multinational automotive manufacturer from Hinduja Group, Ashok Leyland, has rolled out its electric buses (e-buses) in Chandigarh. On Wednesday, the Governor of Chandigarh, VP Singh Bandore flagged off the set of 40 electric buses from Ashok Leyland in its first phase. According to the firm, Ashok got the order to build electric buses that […] Read more
MNRE Starts Loan Scheme for Waste to Energy Biomethanation Projects Updated On Thu, Aug 12th, 2021 by Saurenergy At a recent webinar organised on ‘World Biofuels Day’, the Ministry of New and Renewable Energy (MNRE), in association with the United Nations Industrial Development Organization (UNIDO) and the Global Environment Facility (GEF), launched a loan interest subvention scheme to provide financial assistance to innovative waste to energy biomethanation projects and business models. A GIS […] Read more
Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030 Updated On Thu, Aug 12th, 2021 by Saurenergy Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […] Read more
