Module Demand To Rise Significantly In FY26, FY27: SBI Caps Updated On Wed, Mar 5th, 2025 by Saurenergy A latest report from SBI CAPS claimed that the annual module demand is likely to touch 100 GW soon. The report said the higher demand is likely to be triggered with the faster pace of adoption of solar power. The report also said that the faster pace of PM Surya Ghar scheme installations could also […] Read more
Module Scarcity Delaying Solar Projects In India, Hints NLC India Updated On Mon, Mar 3rd, 2025 by Saurenergy Indian Public Sector Utility (PSU), NLC India has hinted that the delay in the supply of domestic solar modules in the country is leading to delays in solar projects. The top management of the firm in a recent investor’s call revealed that the demand for domestic modules has led to a shortage of timely delivery […] Read more
ACME Solar To Focus On FDRE, Hybrid Projects, Invest Rs 17k cr Updated On Mon, Mar 3rd, 2025 by Saurenergy ACME Solar Holdings plans to invest Rs 17,000 crore to boost renewable energy capacity to 5 GigaWatts (GW) by 2026, the top management of the company told journalists. In an interaction with reporters, Nikhil Dhingra, CEO of ACME Solar discussed its future roadmap. The company, which was till now confined to vanilla solar projects and […] Read more
India Adds 35 GW Power in 2024, Solar Leads with 71% Share: Study Updated On Thu, Feb 27th, 2025 by Saurenergy India added nearly 35 gigawatts (GW) of power capacity in 2024, setting a new record for the calendar year. According to the GEM study, Solar photovoltaic (PV) capacity made up almost 25 GW (71%) of all additions across the power sector, a record annual capacity addition for any technology in India. Despite the strong year, […] Read more
ES Foundry to Supply 300MW of US-Made Solar Cells to Bila Solar Updated On Tue, Feb 25th, 2025 by Saurenergy ES Foundry, an American company advancing U.S. solar by onshoring crystalline solar cell production, today announced a multi-year agreement to supply 300 megawatts (MWs) of high-performance, U.S.-made solar cells to Bila Solar, a domestic solar module manufacturer. The solar cells will be made in Greenwood, South Carolina. This strategic partnership between ES Foundry and Bila […] Read more
Custom Duty Failed To Reduce Landed Price Of Solar Glass: Borosil Updated On Tue, Feb 25th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables claimed that the imposition of Customs Duty against the import of solar glass failed to reduce the burden of Indian solar glass makers. In the latest investor call, the top management of the firm said that blamed Chinese solar glass makers for reducing their solar glass prices, hurting the […] Read more
MP 2025 Policy: Powering Non-RE States, Upgrading Substations Updated On Tue, Feb 25th, 2025 by Saurenergy Madhya Pradesh has set a policy target to invest ₹50,000 crore by 2027 in the renewable energy generation sector. For renewable energy equipment manufacturing, the state plans to invest ₹10,000 crore by 2027 and ₹4,000 crore by 2024. Moreover, the policy intends to incentivize repowering and technology upgrades of renewable energy projects. Additionally, Madhya Pradesh’s […] Read more
India Proposed Renewable Energy Financing Obligation (REFO) Updated On Tue, Feb 25th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now proposed a new intervention to boost the flow of financing to the renewable energy sector in the country. This comes as the demand for faster deployment of renewable energy becomes significant keeping in light India’s target of 500 GW of non-fossil fuel in 2030. Union […] Read more
2025: Solar, BESS To Account For 81% New US Capacity Addition Updated On Tue, Feb 25th, 2025 by Saurenergy The latest Preliminary Monthly Electric Generator Inventory report by the US Energy Information Administration (EIA) expects 63 GW of new utility-scale electric-generating capacity to be added to the US power grid in 2025. This amount represents an almost 30% increase from 2024, when 48.6 GW of capacity was installed, the largest capacity installation in a […] Read more
