ACME Targets Rs 10,000cr Revenues From Solar Module, Cell Biz Updated On Mon, Apr 7th, 2025 by Saurenergy ACME Group is aiming to generate Rs 10,000 crore in revenue by 2030 from its solar module and cell manufacturing operations, as part of a broader strategy to diversify beyond renewable energy generation. The Gurgaon-based company has entered the solar equipment manufacturing sector with an investment of Rs 230 crore. Its new module manufacturing facility […] Read more
ALMM: Waaree Remains At Top, Goldi Solar Picks Pace Updated On Tue, Apr 1st, 2025 by Saurenergy The latest Approved List of Models and Manufacturers (ALMM), issued by the Ministry of New and Renewable Energy (MNRE), has reported significant changes in various solar companies’ cumulative solar module manufacturing capacities. A comparison of the total capacities of 95 solar module manufacturing units listed under the ALMM revealed that Waaree Energies remained at the top […] Read more
Spain’s Push For Solar Manufacturing With €210 million Funding Updated On Tue, Apr 1st, 2025 by Saurenergy Under the NextGenEU initiative, Spain’s Ministry of Ecological Transition (MITECO) has awarded more than €210 million in funding to seven solar PV manufacturing projects. Called the RENOVAL programme, it is being managed by the Institute for Diversification and Energy Saving (IDAE in Spanish). It announced the results last week. The funds will be provided through […] Read more
Solar Module Prices To Stabilise At Best In 2025, Not Rise, Says Australian Report Updated On Fri, Mar 28th, 2025 by Saurenergy Climate Energy Finance, an Australia based think tank, has predicted that solar module prices are unlikely to rise in 2025, at beat stabilising. This will be reassuring for a lot of developers in India and beyond, who dread the risk of a significant price rise, as supply chains across the world continue to depend on […] Read more
India Headed For 20.7 GW Polysilicon Capacity, Says Minister Updated On Fri, Mar 28th, 2025 by Saurenergy Shripad Yesso Naik, Minister of State For Power; and Ministry of New and Renewable Energy, in a written reply before the Rajya Sabha, stated that India has added 48.3 GW of fully or partially integrated solar PV module manufacturing capacity to date. This includes approximately 37.5 GW of ingot and wafer manufacturing capacity, most of […] Read more
Future Solar Plans 4 GW Module Capacity, Eyes Cell Production Updated On Thu, Mar 27th, 2025 by Saurenergy Indian solar module manufacturer Future Solar, which started its journey in the market barely a year back, is now planning to diversify its business and augment its capacity. In an interaction with Saur Energy, the management of the firm highlighted the expansion plans of the firm. The Gujarat-based company now has plans to boost its […] Read more
Does Europe Need To Subsidise PV Manufacturing? Updated On Mon, Mar 24th, 2025 by Saurenergy The European Commission (EC) has been on an overdrive post Covid, launching multiple partnerships and funding for fostering manufacturing and innovation within the continent. Like the Biden administration in the US, the ostensible reason has been a desire to cut dependence on China in the renewable space, especially in the solar and now, battery space. […] Read more
Krivi Energy Plans Solar Manufacturing, Eyes IPO in 2026 Updated On Mon, Mar 17th, 2025 by Saurenergy Krivi Energy, another new entrant to the solar manufacturing is now planning big for its near future. The new emerging solar module manufacturer, is gearing up for a significant expansion in the Indian solar manufacturing sector post its entry. The company has outlined an ambitious roadmap that includes increasing its production capacity, launching an IPO, […] Read more
SWELECT Energy Secures 150 MW Module Order, Rises ₹290cr Updated On Wed, Mar 12th, 2025 by Saurenergy Solar energy company SWELECT Energy Systems Ltd today announced securing orders of over 150 MW for its TOPCon Bi-facial solar PV modules. Additionally, SWELECT Group has successfully raised ₹290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited, the company said. This move, secured against a portion of its Solar […] Read more