Solar News

Public Capital and Solar Firms- Made For Each Other?

What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […]

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Servotech Launches Micro & Hybrid Inverter, Solar Pump Controller & More

Delhi-based Servotech Power Systems Ltd., a renewable energy solutions company, launched a series of new products in a recent ceremony. The company, which has had a strong track record in manufacturing electric vehicle charging stations and equipment is now on an aggressive drive to wider its product offerings. Raman Bhatia, Founder and MD of the […]

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Hybrid Inverter Makers Expect Good Days Ahead, Switches To Action Mode

After the Ministry of New and Renewable Energy (MNRE) clarified the eligibility of hybrid inverters under the PM Surya Ghar scheme, solar inverter manufacturers in India are anticipating increased demand within the residential rooftop segment. Hybrid inverters, traditionally used in remote or weak-grid areas, allow consumers to maximize on-site solar power utilization. By utilizing energy […]

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Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy

Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […]

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NTPC Plans To Develop 300 MW Solar Project, Issues Tender

NTPC recently released a tender to develop a 300 MW ground-mounted solar project and terminal bay near the NTPC Anta substation. It is accepting bids until 5th December 2024. The bidder will be responsible for arranging the land for the solar project and for the design, engineering, manufacturing, transportation, storage, installation, and commissioning of the […]

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Gensol Reports 29% Rise in Profits In Q2 Over Last Year

Gensol Engineering Limited a prominent player in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions, announced its unaudited consolidated and standalone financial results for the second quarter and half year ended September 30th, 2024 (Q2 & H1 FY25). With a play across solar projects, O&M, […]

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Q2 Results: Shakti Pumps Reports 1636% Surge In Profit

Indian solar pump company Shakti Pumps has announced its financial results for Q2 of FY25. The latest financial report indicated the robust stronghold of the company in its financial performance. The company reported a massive 1636% jump in its net profit on a yearly basis. The company had earlier reported a net profit of Rs […]

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Q2 Results: Inox Wind Converts Losses Into Profit

Indian wind energy company Inox Wind has announced its financial results for the latest quarter (Q2). In its latest disclosure on consolidated results, the company reported a surge in its revenues and net profits, both annually and quarterly. The company reported a total revenue of Rs 741.74 crore in the latest quarter, compared to Rs […]

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