Borosil Renewables Reports Rs. 8.64 Cr Loss in Q3 FY25 Updated On Tue, Feb 18th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables recently announced its financial results for Q3 FY25. The company reported an EBITDA of Rs. 20.89 Cr, a significant decline from Rs. 52.88 Cr in the previous quarter. As a result of the lower EBITDA, Borosil posted a post-tax loss of Rs. 8.64 Cr in Q3 FY25, compared to […] Read more
SIDBI, AFD Sign $100mn Pact To Boost MSME Green Finance Updated On Tue, Feb 18th, 2025 by Saurenergy Small Industries Development Bank of India (SIDBI) and AFD, France have signed a USD 100 million credit facility agreement (CFA) to scale up Green Finance solutions for Indian micro, small, and medium enterprises (MSMEs). This partnership aims to support sustainable growth and drive the transition towards a low-carbon economy. Under this agreement, AFD would provide […] Read more
Govt Amends Bidding Rules, Tightens Default Penalties Updated On Tue, Feb 18th, 2025 by Saurenergy The Ministry of Power (MoP) recently announced a series of amendments to the prescribed guidelines for a tariff-based competitive bidding process. These amendments are meant for the procurement of power from grid-connected solar, wind, and hybrid power projects. The government’s latest notification builds on previous guidelines, including those issued in July 2023 for energy storage projects, in […] Read more
ALMM: Easy Photo, Akshaya Solar New Entrants In MNRE’s List Updated On Tue, Feb 18th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest list of enlisted solar module makers has allowed entry of two new companies. These two firms have made their entry into the latest Approved List Of Models and Manufacturers (ALMM) of MNRE. These include-Easy Photo Voltech and Akshaya Solar. With the addition of the […] Read more
Maharashtra Discom Stumps Consumers Again With Anti-Solar Move In Tariff Proposal Updated On Tue, Feb 18th, 2025 by Saurenergy One of the reasons Maharashtra has been a relative underperformer in Solar has been the approach taken by key discoms in the state, notable the MSEDCL or Maharashtra State Electricity Distribution Company Limited towards the clean source of energy. From earlier efforts to limit net metering, to favouring gross metering, the MSEDCL has usually made […] Read more
PM KUSUM-C: Madhya Pradesh issues Tender for 1.5 GW Solar PV Updated On Tue, Feb 18th, 2025 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVN) has invited bids to select Renewable Power Generators (RPGs) for developing 1.5 GW of grid-connected solar PV systems. The energy generated from these projects will be sold to MPPMCL under the feeder solarization component of PM-KUSUM-C at various locations in Madhya Pradesh. The deadline for online bid submission […] Read more
Green Stocks Feb 17: Respite For Some Green Stocks Updated On Mon, Feb 17th, 2025 by Saurenergy With the market continuing to be pulled by opposite forces, the small-cap and mid-cap indices remained broadly weak, especially all through the first half of the day. The second half did bring some respite as buyers emerged, and to no one’s surprise, some of the beaten-down green stocks recovered some lost ground. The recovery was […] Read more
NHPC Call For Bids For 1.2 GW Solar Park Project At UP Updated On Mon, Feb 17th, 2025 by Saurenergy NHPC on behalf of Bundelkhand Saur Urja Limited (A Joint Venture of NHPC Ltd. and Uttar Pradesh New and Renewable Energy Development Agency i.e. UPNEDA) issued a tender, to build a solar park project. It includes the construction of security buildings and civil Works of a solar power park to develop a 1.2 GW Solar […] Read more
CATL, EVE Energy Ranked Leaders In Global Energy Storage Updated On Mon, Feb 17th, 2025 by Saurenergy InfoLink Consulting has released its Global Energy Storage Supply Chain Database. The report has declared CATL, EVE Energy and BYD as the front runners in the race for 2024. In 2023, BYD was ranked at No.2. According to InfoLink’s Global Energy Storage Supply Chain Database, global energy storage cell shipments totaled 314.7 GWh in 2024, […] Read more
