Solar Manufacturing Firm Karamtara To Issue Rs 1750cr IPO Updated On Thu, Jan 23rd, 2025 by Saurenergy Solar manufacturing company Karamtara Engineering is all set to launch an Initial Public Offering (IPO) worth ₹1,350 crore. The firm plans to enter the Indian stock exchange to expand its business, particularly in the country’s renewable energy sector. The proposed IPO comprises a fresh issue of ₹1,350 crore and an offer for sale (OFS) worth […] Read more
Waaree Commences Commercial Solar Module Production In US Updated On Thu, Jan 23rd, 2025 by Saurenergy Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Ltd has announced the commencement of commercial production of solar modules at its advanced manufacturing facility in Brookshire, Texas. The unit boasts a capacity of 1.6 GW. With the facility now fully operational, Waaree Solar Americas is set to produce solar photovoltaic (PV) modules […] Read more
Delayed Payment: MERC Asks MSEDCL To Pay Penalty To RE Firms Updated On Thu, Jan 23rd, 2025 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has directed the state power utility, MSEDCL, to pay penalties with interest to two biomass energy generators for delayed payments. The order came after the two renewable energy generators approached MERC against MSEDCL over the issue. The two companies—Manas Agro Industries and Infrastructure Limited (MAIIL), Wardha, and MAIIL Nashik—had […] Read more
Gujarat-Based Startup To Launch Adventure Electric Trike, Bike Updated On Tue, Jan 21st, 2025 by Saurenergy Gujarat-based startup Greenway Mobility is set to make its mark in the Indian Electric Vehicle (EV) market with a range of innovative EV models. Co-founded by Harsh Raval and Siddharth Patel, the company aims to carve its niche in this highly competitive sector. Greenway Mobility plans to launch an electric trike and an electric bike […] Read more
Odisha Mulls Min 4 Service Centers For Solar Pump OEMs Updated On Tue, Jan 21st, 2025 by Saurenergy The Odisha government has announced plans to require a minimum of four service centers for solar pump Original Equipment Manufacturers (OEMs) in the state. The Odisha Renewable Energy Development Agency (OREDA), the state’s nodal agency, has issued its latest Expression of Interest (EOI) to facilitate this initiative. The EOI invites OEMs to apply for empanelment, […] Read more
Solar Glass: Borosil Renewables Halts German Unit To Cut Losses Updated On Fri, Jan 17th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables has implemented its plan to temporarily halt solar glass production at its German plant. The Board of Directors had previously planned this move to reduce losses at the plant due to low demand for solar glass in the European market. Borosil Renewables produces solar glass in Germany through GMB […] Read more
AP To Use Solar Fencing To Reduce Human-Jumbo Conflicts Updated On Thu, Jan 16th, 2025 by Saurenergy The Andhra Pradesh government has planned to use solar energy in the state to tackle the issue of human-elephant conflict in Chittoor district. The state forest department has now issued a tender to erect tentacle-handling solar fencing around the Musalimandugu Elephant Camp in the Palamaner Forest Range. This comes after several states have tried using […] Read more
Jupiter To Invest ₹6,500cr For Wafer, Cell & Module Production Updated On Sat, Jan 11th, 2025 by Saurenergy Jupiter International, a manufacturer of photovoltaic solar cells and provider of solar power solutions, will be investing ₹6,500 crore over the next three years, in a step to become a fully integrated solar manufacturing leader. The investment will bolster Jupiter’s position in the solar sector by significantly expanding its capacity across wafer production, solar cell […] Read more
PM-KUSUM: JVVNL Re-Issues Tender For Solar Projects Under RESCO Updated On Fri, Jan 10th, 2025 by Saurenergy The Jaipur Vidyut Nigam Limited (JVVNL) has re-issued its tender under PM-KUSUM (Component-C). The Rajasthan discom now plans to allocate work orders to Renewable Energy Service Companies (RESCO) through the tender. The agency intends to use the services of RESCO for feeder-level solarisation under the scheme. The last date to submit online bids is January […] Read more
