After Tax Credit Aid, US Solar Module Production Rises By 600% Updated On Wed, Feb 5th, 2025 by Saurenergy Solar module manufacturing capacity in the United States (US) rose by around 600% after the federal government’s tax credit support to the industry, a report said. The latest update from the Solar Energy Industries Association (SEIA) said that the tax credit support bolstered the growth of the solar industry in the region significantly. These tax […] Read more
Prozeal Set To Supply 24.40 MWp Solar Power To Aarti Drugs Updated On Tue, Feb 4th, 2025 by Saurenergy Mumbai-based Aarti Drugs has tied up with Prozeal Green Energy to procure solar power through a captive arrangement. The company announced the collaboration in a regulatory filing, stating, “Aarti Drugs, a manufacturer of Active Pharmaceutical Ingredients (APIs) and Pharma Intermediates, has entered into a share subscription and shareholders’ agreement with Prozeal Green Power and Pro-Zeal […] Read more
Financial Results: Tata Power Reports 10% Profit Growth In Q3 Updated On Tue, Feb 4th, 2025 by Saurenergy Indian power company Tata Power today announced its financial results for the third quarter (Q3) of FY25. In its results, shared before the exchanges, the company has reported a surge in its profit, both on a quarterly basis and also on a yearly basis. In fact, as CEO Praveer Sinha stressed, this is the 21st […] Read more
Tata Motors Eyes Lion’s Share In Expanding EV Market Updated On Tue, Feb 4th, 2025 by Saurenergy Indian Electric Vehicle (EV) manufacturer Tata Motors is now optimistic to remain a dominant player in the expanding Indian EV market. The top management of the firm in its latest investors’ call said that a boom in the domestic EV market would expedite the growth of the firm too and not affect it adversely. “The […] Read more
Saur Energy International Magazine January 2025- After 100GW, Solar’s Exciting Journey Ahead Updated On Tue, Feb 4th, 2025 by Saurenergy For this month’s issue, to be distributed at the Intersolar Show in Gandhinagar on Feb 12-14, we decided to jump the gun a little. Even as India’s official records till December 2024 showed total solar capacity installed at over 97.8 GW, we realised that by the time this issue is in your hands, the 100 […] Read more
US New Orders Can Drop EV Adoption To 23%: Wood Mackenzie Updated On Mon, Feb 3rd, 2025 by Saurenergy United States (US) recent executive orders could have profound implications on electric vehicles (EV), slowing down the pace of adoption, according to a recent report from Wood Mackenzie. According to its report, “Trump’s executive orders unsettle electric vehicle and battery markets” policy changes have impacted the EV, battery, and raw material markets in the US […] Read more
Budget 2025: Experts Expect Spur In India’s Renewable Growth Updated On Mon, Feb 3rd, 2025 by Saurenergy The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […] Read more
China’s March Towards 3000 GW Renewables By 2030, 2025 Solar Price Trends Updated On Mon, Feb 3rd, 2025 by Saurenergy In news from China, the National Energy Administration (NEA) of the country has confirmed that in 2024, China added 373 GW of renewable capacity. This is a 23 percent year on year rise. Those additions, which accounted for 86% of all power capacity added, also took the share of renewables in total capacity to 56 […] Read more
Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push Updated On Sat, Feb 1st, 2025 by Saurenergy The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […] Read more