Q3 Results: KPI Green Revenues Up 60%, PAT Grows 86% In Q3 Updated On Thu, Feb 6th, 2025 by Saurenergy Gujarat-based KPI Green Energy continues to demonstrate strong financial growth, with an increase in its turnover in the third quarter of FY 2024-2025 (Q3 FY 2024-2025). The company’s total revenue recorded, Rs. 466.1 crore, reflected a 40.6% increase from 331.33 crore in Q3 FY 2023-2024. This growth is driven by expanded project execution, increased capacity […] Read more
Solarium Green IPO Launched- Company Seeks to Raise Rs 105 crore Updated On Thu, Feb 6th, 2025 by Saurenergy Ahmedabad-based Solar EPC and O&M provider Solarium Green Energy has launched its IPO today. The IPO comprises a fresh issue of 54,99,600 Equity Shares of ₹ 10 each at a price band of Rs 181-191. Thus, at the upper end of the price band, the company is looking to raise Rs 105.04 crore. The shares will […] Read more
MERC’s No To Wind-Solar-Thermal Bundling for OA Consumers In Maharashtra Updated On Wed, Feb 5th, 2025 by Saurenergy In an order that left some hope for a future rethink on the issue, the Maharashtra Electricity Regulatory Commission (MERC) has rejected a plea by the Captive Power Producers Association(CPPA) in the state to direct the key state discom/s to allow bundling of solar, wind and thermal power for use by captive consumers too. MSEDCL […] Read more
Inox Wind Q3 FY25: Revenue Up 96%, EBITDA Jumps 192% YoY Updated On Sat, Feb 1st, 2025 by Saurenergy Inox Wind Limited (IWL), a wind energy solutions provider announced a strong show for its financial results during the quarter ended December 31, 2024. In the quarter, the company’s order execution increased 82% YoY to 189 MW. The company’s revenue increased 96% year-over-year (YoY), and its EBITDA also grew 192% YoY. IWL’s order book stood […] Read more
Maharashtra Partners With UK To Build Its First 1.2 GW Solar Park Updated On Wed, Jan 29th, 2025 by Saurenergy The Mumbai-based Hazoor Multi Projects Ltd. (HMPL) has forayed into green energy with the development of the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP). This is one of the first solar parks in Maharashtra. Hazoor Multi Projects will develop this project in collaboration with a multinational company from the United Kingdom. This 1.2 GW capacity […] Read more
As India Goes Past 100 GW Solar Milestone, No Time To Rest Updated On Wed, Jan 29th, 2025 by Saurenergy If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […] Read more
News In Brief: Sunsure Solar Project Win, LivFast Inverter & Others Updated On Mon, Jan 27th, 2025 by Saurenergy LivFast Launches Smart Wi-Fi Inverters With MS Dhoni Livfast, an energy storage solutions brand under the SAR Group, has unveiled its latest TVC featuring cricketer MS Dhoni: Smarter Hai to Hai. The TVC highlights Livfast’s smart inverter technology, underscoring the brand’s commitment to innovation and customer-centric solutions. The TVC portrays Dhoni’s characteristic resilience and focus, […] Read more
Chief Manager- Assurance Services Updated On Tue, Jan 14th, 2025 by Saurenergy Key responsibility is to lead, direct, monitor and control Solar Module On-site testing for EL, IV and Flesh Test within Asset management activities for Wind Hybrid Projects to deliver robust, reliable, and sustainable operational performance through best-in-class operational excellence for Hybrid Renewable Projects Responsibilities:- Creating and advocating a consistent and high level of compliance with […] Read more
FY25: Karnataka Witnesses A Fall In New RE Capacity Additions Updated On Mon, Dec 30th, 2024 by Saurenergy Karnataka Renewable Energy Development Ltd (KREDL) shared recent data on the annual renewable capacity addition in the state. The data found a decline in annual renewable energy projects in the state in the past years. The government data on year-wise commissioned projects indicated a significant drop in installed capacity in Karnataka in FY25. As of […] Read more
