Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL Updated On Fri, Feb 28th, 2025 by Saurenergy India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […] Read more
Fronius Launches ‘Reserva’, Its Battery Storage System Updated On Fri, Feb 28th, 2025 by Saurenergy Austrian solar energy firm Fronius, known mostly for its solar inverters until now, has launched the Fronius Reserva. The Reserva is Fronius’s own battery to go woth inverters and use in solar systems, for a range between 6.3 and 15.8kWh. “We believe in a future in which renewable energies cover 100 percent of the world’s […] Read more
First Solar Q4 Results Continue To Wait On India Surge, Ships 14.1 GW Worldwide Updated On Fri, Feb 28th, 2025 by Saurenergy First Solar, Inc. has announced financial results for the fourth quarter and year ended December 31, 2024. The US-based company’s net sales for the fourth quarter were $1.5 billion, an increase of $0.6 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. In an earnings […] Read more
Kinetic Green’s Losses Spurt 11X in FY24 As Revenue Dips 3% Updated On Thu, Feb 27th, 2025 by Saurenergy Electric vehicle manufacturer Kinetic Green faced significant financial strain in FY24, with losses increasing 11X due to rising expenses in advertising and employee benefits. Meanwhile, the Greater Pacific Capital-backed company’s revenue declined by 3% year-on-year. Kinetic Green’s revenue from operations decreased to Rs 291 crore in FY24 from Rs 301 crore in FY23, its consolidated […] Read more
As Solar Developers In China, India Face June Deadline, Module Supply, Prices To Tighten Updated On Thu, Feb 27th, 2025 by Saurenergy China, which remains the heart of the solar industry worldwide, has finally seen an inching up of module prices in February, bringing some relief to its large solar manufacturers. However, the rise in prices may not be such good news for many markets where tariffs have been imposed on Chinese imports, as it was the […] Read more
Climate Change vs Solar Energy: The Battle Within Updated On Wed, Feb 26th, 2025 by Saurenergy Decades ago, global warming and associated climate change had prompted the world to take some serious measures, such as curbing GHG emissions and trapping pollutants. Today, the surge of renewable energy, especially solar and wind energy, is now promising the sustainable future the world once dreamed about. However, climate change has also become profound, leading […] Read more
PM-KUSUM: Bhagyanagar Gets 53 MW Solar Project At ₹3.09/kWh Updated On Tue, Feb 25th, 2025 by Saurenergy Telangana-based Bhagyanagar India Limited has been awarded a Letter of Award (LOA) for a 53 MW solar pump project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The company secured the project under feeder-level solarization under Component C of the PM-KUSUM Scheme. The company stated in a regulatory filing, “The company has received the project […] Read more
Adani Green Operationalize 67 MW Solar project At Khavda, Gujarat Updated On Tue, Feb 25th, 2025 by Saurenergy Adani Green Energy Twenty Six B Limited, a wholly owned step-down subsidiary of Adani Green, has operationalized a 67 MW solar power project at Khavda, Gujarat. The company said in a regulatory filing, “With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 11,983.1 MW.” Projects In Khavda On The […] Read more
Green Stocks Feb 25: Choppy Waters Still For Green Stocks Updated On Tue, Feb 25th, 2025 by Saurenergy As India’s leading stock market index struggled to find a bottom, there was no such luck for the mid-cap and small-cap indices, which continued to lose ground. That meant most green energy stocks followed suit, with just a little value buying perhaps among the solar manufacturers, WAAREE Energies and Premier Energies. Interestingly, both the wind […] Read more
