JSW Energy Sees 35% Rise In RE Generation, 48% Plunge In PAT In Q1 Updated On Mon, Jul 17th, 2023 by Saurenergy JSW Energy Limited, in its latest announced Q1 results for FY24, claimed that its total renewable energy generation increased by 35 percent on a Year-on-Year (YoY) basis. The financial results for the quarter also state that it witnessed a decrease in total revenue and Profit After tax (PAT). As per the details shared by the firm […] Read more
Kerala Automobiles Limited Gets Orders for 100 E-Autos Updated On Mon, Jul 17th, 2023 by Saurenergy Kerala Automobiles Limited (KAL) has secured a significant order for 100 e-autos to be delivered to Maharashtra, Chhattisgarh, and Madhya Pradesh. The order was placed through Arenq, KAL’s partner company. Arenq is actively working towards obtaining approval for KAL’s e-autos to operate in Punjab, Gujarat, Tamil Nadu, and Karnataka. Once approved, KAL’s e-autos equipped with […] Read more
Half-Yearly Report: Indian Wind Energy Installations Surpass 2022 Records Updated On Fri, Jul 14th, 2023 by Saurenergy The Indian Wind Energy industry seems to be bouncing back after a lull. A comparative study of the monthly installed capacity data of different power sources hinted at the rise of wind energy installations in the country in 2023. According to the monthly reports on wind energy capacities during the first half of 2023, the […] Read more
India Adds 2.8 GW Of New Renewable Power In June: CEA Report Updated On Fri, Jul 14th, 2023 by Saurenergy The latest report by the Central Electricity Authority (CEA) said that India added a total of 2,873 Megawatt (MW) of new renewable energy capacities in the month of June, this year. This is against the addition of 1076 MW of renewable power capacities added to the energy mix in May this year. These additions were […] Read more
Adani Green’s RE Capacities Grew 43% in Q1 on YoY Updated On Fri, Jul 14th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, increased its renewable energy capacities by 43 percent in Q1 on a Year-On-Year (YoY) basis. While it added 5,800 MW of renewable power in Q1 of FY23, it increased its capacity to 8,316 in Q1 of FY 24, reporting a 43 percent rise […] Read more
India Likely To Add 45 GW Of New Renewable Capacities By 2025: Report Updated On Fri, Jul 14th, 2023 by Saurenergy A latest report by CareEdge ratings claimed that India is likely to add 45 Gigawatt (GW) of new renewable energy capacities in the next two fiscals. The rating agency said the estimates were based on the healthy project pipeline and a strong bidding roadmap laid by the government. The report also sheds light on the […] Read more
India Paves Way For Allowing Commercial Mining Of Lithium, Other Critical Minerals Updated On Thu, Jul 13th, 2023 by Saurenergy The Union Cabinet is now reported to have approved amendments to the Mines and Minerals (Development) and Regulation) Act to pave the way to allow commercial mining of Lithium and other critical minerals in the country. This comes months after India discovered reserves of Lithium in the Reasi district of Jammu and Kashmir and another […] Read more
Sterling and Wilson Reports Rs 522cr Total Income In Q1 FY24 Updated On Thu, Jul 13th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited today announced its First Quarter (Q1) Financial results today. Its total income consolidated (unaudited) came down from Rs 1,211.06 crore in Q1 of FY22-23 to Rs 522.35 crore in Q1 of FY 23-24, a plunge of 57 percent YoY. It also reported a sharp reduction of total expenses in […] Read more
Eku Energy Secures Exclusive Rights for 1 GW Battery Storage Projects in Italy Updated On Thu, Jul 13th, 2023 by Saurenergy The energy storage developer Eku Energy has signed a Framework Agreement with Renera Energy, a European consulting, trading and development group, securing the former exclusivity over 1 GW of battery storage projects in Italy. As part of the agreement, Eku Energy is already funding projects with a combined capacity of over 100 MW in the […] Read more
