ISTS is poised to be gamechanger for renewable energy adoption by India’s corporate sector: Sashi Kant Mishra, Fourth Partner Energy Updated On Fri, May 5th, 2023 by Saurenergy Tell us about your current ISTS-connected projects. Our portfolio entails Rajasthan with 330 megawatt of AC solar capacity, where we are in the phase two of connectivity. In Karnataka, we have another 300 megawatt of power capacity being set up. The said projects are in phase II of connectivity, with the Rajasthan project at an […] Read more
Tata Power Q4 Results- Strong Growth In Key Operational Metrics For FY23 Updated On Thu, May 4th, 2023 by Saurenergy Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Tata Power said that its PAT rose […] Read more
Waaree Renewable Technologies Receives LoA for Solar Project of 6.5 MW Updated On Thu, May 4th, 2023 by Saurenergy EPC firm Waaree Renewable Technologies has announced that it has received a Letter of Award (LOA) from energy arm of one of India’s leading conglomerate in steel, power and infrastructure sector. The firm will be responsible for engineering, procurement and construction (EPC) services in respect of setting up of a solar power project of 6.5 […] Read more
Renewable Energy: Looking Beyond Gujarat In 2023 Updated On Wed, May 3rd, 2023 by Saurenergy The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […] Read more
Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent Updated On Wed, May 3rd, 2023 by Saurenergy The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […] Read more
GUS Technology Opens Taiwan’s First Battery Gigafactory Updated On Tue, May 2nd, 2023 by Saurenergy GUS Technology has inaugurated and opened Taiwan’s first battery gigafactory in Jhongli Industrial Park. The firm’s facility will help in Taiwan’s lithium battery industry reach a new milestone. GUS Technology focuses on lithium titanate (LTO) and NCM material systems. The factory entered into the design, development, and manufacturing of battery modules for EVs and energy […] Read more
In The two-wheeler space, electric cycles are the segment with maximum growth potential- Kunal Gupta, EMotorad Updated On Mon, May 1st, 2023 by Saurenergy Founded in 2020 EMotorad (EM) is an electric vehicles company that claims to bring futuristic e-bikes at an affordable price for adventure seekers, daily commuters, or casual riders. Preferring to term its EVs as affordable luxury, the Pune-based startup has something in store for everyone- the adventurer, the casual rider, or the daily commuter. With […] Read more
Explained: Can Higher Energy Density Batteries Power Air Travel ? Updated On Fri, Apr 28th, 2023 by Saurenergy One of the world’s largest battery manufacturers, CATL, has recently unveiled its new condensed battery boasting an impressive 500 Wh/kg energy density. The significance of this can be gauged from the fact that the firm teased the idea of electrifying passenger aircraft with its new battery revelation. And yes, it’s not yet another ‘demonstrator’ with […] Read more
Avaada Group Formally Confirms Raising US $1 Bn Funding for Augmenting Renwables from Brookfield Updated On Wed, Apr 26th, 2023 by Saurenergy Avaada Group has formally announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to US $ 1 billion in Avaada […] Read more