Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY Updated On Wed, Apr 16th, 2025 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […] Read more
2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions Updated On Wed, Apr 16th, 2025 by Saurenergy Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […] Read more
Serentica, NTPC Sign PPA To Supply 200 MW FDRE To UP DISCOMs Updated On Tue, Apr 15th, 2025 by Saurenergy Serentica Renewables has signed a power purchase agreement with state-run NTPC Ltd to supply 200 MW of firm and dispatchable renewable energy (FDRE) to Uttar Pradesh’s distribution companies (DISCOMS). The project will combine solar, wind, and battery storage assets across multiple states to deliver on-demand renewable power, particularly during the state’s morning and evening peak […] Read more
SOFAR Debuts On Shenzhen Stock Exchange Updated On Tue, Apr 15th, 2025 by Saurenergy SOFAR, a China-based solar and energy storage solution provider, made its debut on the ChiNext Board of the Shenzhen Stock Exchange (Stock Code: 301658) on April 2. Chairman Xu Tao rang the opening bell in the presence of government officials, partners, and industry stakeholders. The listing marks support the company’s role in China’s “Dual Carbon” […] Read more
Jupiter Secures ₹500cr Investment From ValueQuest SCALE Fund Updated On Mon, Apr 14th, 2025 by Saurenergy Jupiter International Limited, a manufacturer of photovoltaic solar cells and provider of end-to-end solar power solutions, announced today that it has secured a ₹500 crore (approximately $60 million) investment from ValueQuest SCALE Fund and its affiliates. This marks ValueQuest’s second investment in the company. Jupiter currently operates a 1 GW solar cell manufacturing facility in […] Read more
Mauritius Becomes First African Country To Sign ISA’s Partnership Framework Updated On Fri, Apr 11th, 2025 by Saurenergy Mauritius has become the first African country to sign a Country Partnership Framework (CPF) with the International Solar Alliance (ISA), marking a step forward in its clean energy transition. The island nation is the fourth globally, after Bangladesh, Bhutan, and Cuba, to formalize the framework. The CPF is developed by the ISA to promote medium- […] Read more
Sr. Programme Associate, Industrial Decarbonization Updated On Fri, Apr 11th, 2025 by Saurenergy The Senior Programme Associate will be responsible for the execution of research and engagement outputs pertaining to the Industrial Decarbonization Programme. This would entail conducting impactful research and supporting multi-stakeholder engagement, to enable the programme. Specific tasks to be undertaken would include: Support and execute the research initiatives:- Contribute to designing research assignments, including developing […] Read more
Manager Updated On Wed, Apr 9th, 2025 by Saurenergy Responsibilities: Project Planning and Coordination:- Develop and execute comprehensive project plans for solar projects, outlining objectives, timelines, and resource requirements. Ensure seamless coordination between cross-functional teams involved in various project phases. Scheduling and Resource Management:- Create and manage detailed project schedules, considering design, construction, and commissioning phases. Allocate resources effectively, including manpower, equipment, and materials, […] Read more
PLI Should Be Extended To Agri-Based Manufacturers: ICRIER Updated On Wed, Apr 9th, 2025 by Saurenergy The latest Indian Council for Research on International Economic Relations (ICRIER), report called for extending India’s production-linked incentive (PLI) scheme—currently supporting domestic solar panel manufacturing—to include low-carbon agricultural technologies. These could include livestock feed additives that reduce methane emissions (such as Rumen8) and biofertiliser products, the report added. India’s agriculture sector is vulnerable to climate […] Read more
