Latest news with #Energies
Time of India
29-07-2025
- Business
- Time of India
Waaree Energies shares rally 4% after Q1 profit surges 89% YoY to Rs 745 crore
Waaree Energies reported an 89% YoY surge in Q1 FY26 net profit to Rs 745 crore, driven by strong performance in its solar PV and EPC segments. Revenue rose 30% to Rs 4,426 crore. Despite solid growth and a 49% six-month stock return, analysts remain cautious, with a consensus 'Sell' rating and a target price implying 16% Strong Q1 for Waaree, but analysts stay cautious. Tired of too many ads? Remove Ads Segment Revenue Breakdown Tired of too many ads? Remove Ads Waaree Energies Stock Outlook Shares of Waaree Energies gained 4.2% to Rs 3241.15 on the BSE on Tuesday after the company reported an 89% year-on-year (YoY) jump in consolidated net profit for Q1 FY26, coming in at Rs 745 crore compared to Rs 394 crore in the same period last from operations stood at Rs 4,426 crore, up 30% from Rs 3,408 crore reported in the corresponding quarter of the previous financial a sequential basis, profit grew 20% from Rs 619 crore in the March quarter, while revenue rose nearly 11% from Rs 4,004 Energies operates across three verticals: solar photovoltaic (PV) modules, engineering-procurement-construction (EPC), and power generation. Solar PV Modules : Revenue rose to Rs 3,872 crore in Q1 FY26, up from Rs 3,617 crore in Q4 FY25 and Rs 3,178 crore in Q1 FY25.- EPC Segment: Revenue came in at Rs 589 crore, compared to Rs 465 crore in Q4 FY25 and Rs 226 crore a year earlier.- Power Generation: Revenue remained flat YoY at Rs 11 crore, versus Rs 8 crore in the previous expenses for the quarter stood at Rs 3,654 crore, compared to Rs 3,291 crore in Q4 and Rs 2,966 crore in Q1 FY25. These include costs related to raw materials, stock-in-trade, and employee to Trendlyne, the average target price for Waaree Energies is Rs 2,607, implying a downside of about 16% from current levels. Among the four analysts tracking the stock, the consensus recommendation is 'Sell'.While the stock is up over 9% in 2025 so far, it has delivered a strong 49% return over the past six months. The company currently commands a market capitalisation of around Rs 89,368 crore.
Business Mayor
04-05-2025
- Science
- Business Mayor
Greasing the wheels of the energy transition to address climate change and fossil fuels phase out
The global energy system may be faced with an inescapable trade-off between urgently addressing climate change versus avoiding an energy shortfall, according to a new energy scenario tool developed by University of South Australia researchers and published in the open access journal Energies . The Global Renewable Energy and Sectoral Electrification model, dubbed 'GREaSE', has been developed by UniSA Associate Professor James Hopeward with three civil engineering graduates. 'In essence, it's an exploratory tool, designed to be simple and easy for anyone to use, to test what-if scenarios that aren't covered by conventional energy and climate models,' Assoc Prof Hopeward says. Three Honours students — Shannon O'Connor, Richard Davis and Peter Akiki — started working on the model in 2023, hoping to answer a critical gap in the energy and climate debate. 'When we hear about climate change, we're typically presented with two opposing scenario archetypes,' Assoc Prof Hopeward says. 'On the one hand, there are scenarios of unchecked growth in fossil fuels, leading to climate disaster, while on the other hand there are utopian scenarios of renewable energy abundance.' The students posed the question: what if the more likely reality is somewhere in between the two extremes? And if it is, what might we be missing in terms of risks to people and the planet? After graduating, the team continued to work with Assoc Prof Hopeward to develop and refine the model, culminating in the publication of 'GREaSE' in Energies . Using the model, the researchers have simulated a range of plausible future scenarios including rapid curtailment of fossil fuels, high and low per-capita demand, and different scenarios of electrification. According to Richard Davis, 'a striking similarity across scenarios is the inevitable transition to renewable energy — whether it's proactive to address carbon emissions, or reactive because fossil fuels start running short.' But achieving the rapid cuts necessary to meet the 1.5°C targets set out in the Paris Agreement presents a serious challenge. As Ms O'Connor points out, 'even with today's rapid expansion of renewable energy, the modelling suggests it can't expand fast enough to fill the gap left by the phase-out of fossil fuels, creating a 20 to 30-year gap between demand and supply. 'By 2050 or so, we could potentially expect renewable supply to catch up, meaning future demand could largely be met by renewables, but while we're building that new system, we might need to rebalance our expectations around how much energy we're going to have to power our economies.' The modelling does not show that emissions targets should be abandoned in favour of scaling up fossil fuels. The researchers say this would 'push the transition a few more years down the road.' Assoc Prof Hopeward says it is also unlikely that nuclear power could fill the gap, due to its small global potential. 'Even if the world's recoverable uranium resources were much larger, it would scale up even more slowly than renewables like solar and wind,' he says. 'We have to face facts: our long-term energy future is dominated by renewables. We could transition now and take the hit in terms of energy supply, or we could transition later, once we've burned the last of the fossil fuel. We would still have to deal with essentially the same transformation, just in the midst of potentially catastrophic climate change. 'It's a bit like being told by your doctor to eat healthier and start exercising. You've got the choice to avoid making the tough changes now, and just take your chances with surviving the heart attack later, or you get on with what you know you need to do. We would argue that we really need to put our global energy consumption on a diet, ASAP.' The researchers have designed the model to be simple, free and open source, in the hope that it sparks a wider conversation around energy and climate futures.
Morocco World
05-03-2025
- Business
- Morocco World
Morocco's Energy Bill Shrinks by 11.6% in January
Morocco's energy bill sat at MAD 8.53 Billion by the end of January, marking a decline of 11.6% compared to the same period of the previous year, according to the Exchange Office's latest monthly bulletin. The rise in imports of energy products is primarily due to the drop in supplies of gas, oils and fuels by 26.1% due to prices declining by 8.3%, along with a drop in imported quantities by 19.4%, the Office explains. The decrease in the bill is also attributed to the decline in imports of gas and fuel oils by 26.1% qt 3.67 MAD Billion, and that of other hydrocarbons by 15.7% at MAD 1.63 Billion. According to the same data, the total imports of goods has increased by 3.4% in one year reaching MAD 59.84 Billion. Leila Benali, Minister of Energy Transition and Sustainable Development, declared at the House of Representatives earlier in January that a new energy efficiency approach could help Morocco save up at least 20% in energy consumption by 2030. The energy minister has also repeatedly emphasized the importance of renewable energies, stressing the need for Morocco to invest in the green sector all while endowing its gas sector to account for the intermittency of renewables. Tags: fuel prices in MoroccoMorocco's renewable EnergyRenewable Energies
