Waaree Energies Results- Q4 Revenues Up 38%, FY25 Profits Up 107% Updated On Tue, Apr 22nd, 2025 by Saurenergy India’s largest module , and now cell maker Waaree Energies Ltd has reported its Q4 FY25 results. The firm reported its best quarterly numbers yet, with revenues growing 38% YoY to a lifetime high of Rs. 4,141 Cr for the quarter. EBITDA grew faster on the back of improving margins, rising 116% YoY. Finally, profit […] Read more
Waaree Renewable Delivers With Strong Finish To FY25 Updated On Thu, Apr 17th, 2025 by Saurenergy Waaree Renewable Technologies Ltd. (WRTL), one of India’s fastest-growing and largest solar EPC companies, announced its audited financial results for Q4 and full-year FY25 on Apr 16. WRTL’s Q4 FY25 revenue from operations reached ₹476.58 crore, marking a 32.3% increase sequentially from ₹360.35 crore in Q3 FY25 and a 74.5% increase YoY from ₹273.31 crore […] Read more
What Led to the Surge in REC Purchases by DISCOMs? Updated On Fri, Apr 11th, 2025 by Saurenergy Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […] Read more
Why Co-Locating of Storage And RE Matters Updated On Fri, Apr 11th, 2025 by Saurenergy India has ambitious goals to install 450 GW of renewable energy (RE) capacity by 2030. Even though India has an impressive track record of quickly deploying renewable RE generation assets, the share of RE (excluding large hydro) in total generation continues to be low (13.75 percent) hindering grid decarbonization. The generation-installation gap can be addressed […] Read more
NTPC Commissions 90 MW Wind Project in Gujarat Updated On Wed, Apr 9th, 2025 by Saurenergy NTPC Renewable Energy Ltd (NTPC REL), has commissioned the second phase of its Dayapar Wind Energy Project in Bhuj, Gujarat, the company said in a regulatory filing. The NTPC REL, a subsidiary of NTPC Green Energy Ltd and a step-down unit of NTPC Ltd, further added, “NTPC has completed 90 MW capacity wind project which […] Read more
No Viability Gap Funding Released For BESS In FY25: Govt Updated On Fri, Apr 4th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) said that it has not issued any viability gap funding (VGF) for battery energy storage system in FY25. The Union Cabinet approved the Viability Gap Funding (VGF) scheme for Battery Energy Storage Systems (BESS) on September 6, 2023, to support sector development. Under the scheme guidelines, 10% of […] Read more
PM-KUSUM: Shakti Pumps Gets Rs. 12.42 Cr Order From MEDA Updated On Thu, Apr 3rd, 2025 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Ltd. announced today that it has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) for the installation of 445 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS). In a regulatory filing, the company said the project will be implemented at various locations across Maharashtra […] Read more
Smart Meters To Boost Discom Revenue By ₹4L Crore Over 7 Years: CareEdge Updated On Tue, Apr 1st, 2025 by Saurenergy Smart meter deployment which currently stands at 5-6%, needs acceleration in India as it lags behind developed nations like Japan (100%) and the USA (73%), as well as the global average of ~43%, finds a recent CareEdge Report. The study highlighted an urgent need to bridge this gap and enhance energy efficiency. The report highlighted […] Read more
BattRE Surpasses ₹100 Cr Revenue, Maintains Profitability Updated On Tue, Mar 25th, 2025 by Saurenergy Electric two-wheeler manufacturer BattRE is back on a growth trajectory, reporting an 18% increase in FY24, compared to a 6% decline in FY23. However, its profit remained unchanged during the last fiscal year. BattRE’s revenue from operations increased to Rs 102.5 crore in FY24 from Rs 87 crore in FY23, according to its financial statement […] Read more
