ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present Updated On Wed, Oct 13th, 2021 by Saurenergy To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […] Read more
Adani Green Energy Added 700 MW to Operational Capacity in YTD FY21 Updated On Thu, Feb 4th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL), a part of the Adani Group, has announced the financial results for the financial period ended December 31, 2020. The firm has reported that continuing on its rapid capacity building despite the ongoing pandemic, it added 700 MW to its operational capacity in YTD FY21 with commissioning of 475 MW […] Read more
Adani Power Posts 126% Growth in EBITDA for Q2 2020 Updated On Fri, Nov 6th, 2020 by Saurenergy Adani Power has reported a consolidated EBITDA of Rs 5,086 crore in Q2, a growth of around 126 percent over the same period last year. Adani Power, a part of the Adani Group, has reported its financial results for the second quarter (Q2) of the financial year 2020-21. The firm has reported a consolidated Earnings […] Read more
Ind-Ra Upgrades Mytrah Energy from ‘IND-BBB’ to ‘IND-A’ Updated On Mon, Aug 6th, 2018 by Saurenergy The rating agency has upgraded Mytrah’s long-term credit rating from ‘BBB’ TO ‘A-‘ and short term rating from ‘A3’ to ‘A2+’. A leading wind energy service provider in India, Mytrah Energy (MEIPL) has received a higher credit rating from the chief market analyst India Ratings and Research (Ind-Ra). The rating agency has upgraded Mytrah’s long-term […] Read more
SMA Solar Expects Growth in Sales and Earnings in 2018 Updated On Thu, Jan 25th, 2018 by Saurenergy For the 2018 fiscal year, the SMA Solar expects sales would grow to between 900 million and 1 billion euros ($1.1 billion-$1.2 billion), exceeding the analyst consensus for 901 million euros. SMA Solar Germany’s biggest solar company has said it expects a rise in sales in 2018, thanks to strong Asian and European business and […] Read more