Author: Saur News Bureau

CEA Data Indicates Doubling of Electricity Demand From EV’s In Q1 Fy24

The Central Electricity Authority (CEA) , which tracks electricity consumption from public charging stations among other things, has released its latest report for Q1 Fy24, indicating a 108 percent growth in power demand from EVs YoY. According to CEA, Public Charging stations (PCSs) consumed 176.87 million units (MU) of energy during the April-June quarter in […]

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H1: IREDA Loan Sanctions Rise 303%, Disbursements Grows 56%

Indian Renewable Energy Development Agency Limited (IREDA),has reported a 303% growth in loan sanctions, rising to Rs. 17,860 crore in the first half of FY 2024-25, compared to Rs. 4,437 crore during the same period in FY 2023-24. These are provisional figures as of September 30, 2024. IREDA’s loan disbursements also showed significant growth, increasing […]

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Vikram Solar Joins IPO Line, Files DRHP

Kolkata-based Vikram Solar Limited, a leading, and one of the earliest solar photo-voltaic module manufacturers at scale in India, has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). With over 15 years of industry experience as of 31 March 2024, Gyanesh Chaudhary led Vikram Solar […]

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Nextracker Opens Centre for Solar Excellence In Hyderabad

Nextracker, a leading global provider of intelligent solar trackers, foundations, and software solutions, has inaugurated its third, and India’s first Center for Solar Excellence (CFSE) in Hyderabad, India. Spanning across 13 acres this state-of-the-art facility will serve to advance solar tracker technology. The CFSE will feature a 30,000 square foot, state-of-the-art lab, a comprehensive solar tracker […]

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Ola’s EV Marketshare Slips Further In Setptember, Bajaj, TVS, Gain

Ola Electric continues to cede marketshare to legacy stalwarts Bajaj Auto and TVS Motors in the two wheeler EV segment. Based on the figures for September, Ola’s market share shrank to just over 25%, a huge drop from the 47% share in September last year. The losses have been mainly due to the continuous gains […]

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Solex Launches India’s 1st Rectangular Cell-Based Modules

Indian solar module manufacturer Solex Energy Limited today unveiled India’s first rectangular solar cell-based modules in TOPCon technology. The company has named this new brand as ‘Tapi-R series’. The launch happened in New Delhi today. The name Tapi-R comes from the firm’s location in Surat, itself on the banks of the Tapi river in Gujarat, […]

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