IREDA Q3 Results- PAT Up 26.7% on 25% Rise In Disbursements Updated On Fri, Jan 10th, 2025 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its financial results for the third quarter of FY 2024-25, showcasing significant growth across key financial metrics. As the nation’s largest pure-play Green Financing NBFC, IREDA has been focusing on publishing its Quarterly Audited Financial Results quickly, in this case within just 9-days. Key Highlights of […] Read more
Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge Updated On Thu, Jan 9th, 2025 by Saurenergy Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […] Read more
India’s Top Solar Module Makers In December 2024 Updated On Wed, Jan 8th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released its latest data on the Approved List of Models and Manufacturers (ALMM), revealing that India’s enlisted solar module manufacturing capacity has crossed 64 GW. Currently, 97 domestic solar manufacturers are listed on the central government’s registry. While there are approximately 130 solar module manufacturers across […] Read more
CY 2024: India Adds Record 28.5 GW Of Renewable Energy Capacity Updated On Wed, Jan 8th, 2025 by Saurenergy India added a total of 28.59 GW of new renewable energy capacity in the calendar year 2024, according to the Ministry of New and Renewable Energy (MNRE). The ministry’s latest report provides a detailed breakdown of fuel-wise capacity additions up to December 2024, revealing that solar power played a dominant role in driving this growth. […] Read more
Indosolar, Visaka Enter ALMM, Module Capacity Touches 64.5 GW Updated On Tue, Jan 7th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released the latest Approved List of Models and Manufacturers (ALMM) for solar modules. The latest list issued in January shed new highlights for the Indian solar market for the enlisted solar manufacturers of India. The updated list highlights that India’s total enlisted solar module manufacturing capacity […] Read more
Waaree Energies Starts Solar Cell Production Trials At Chikhli Updated On Mon, Jan 6th, 2025 by Saurenergy Indian solar module manufacturer Waaree Energies today announced the commencement of trials for its solar cell manufacturing operations. These trials have begun at its solar cell factory located in Chikhli, Gujarat. This latest development is expected to enhance the backward integration capacity of the Mumbai-based solar company. Led by Hitesh Doshi, the company plans to […] Read more
December 2024: DAM Prices Dip 14% YoY, Avg RE Prices At Rs 3.92/unit Updated On Mon, Jan 6th, 2025 by Saurenergy Indian Energy Exchange (IEX), achieved its highest-ever monthly electricity traded volume of 11,132 MU in December’24, marking a 29% increase on a year-on-year (YoY) basis. During the month, IEX traded 16.62 lakh renewable energy certificates recording a 58% year-on-year increase. For December 2024, the Market Clearing Price in the Day Ahead Market was Rs. 3.89/unit, […] Read more
CRETA Electric Becomes First Localised Electric SUV For Hyundai Updated On Fri, Jan 3rd, 2025 by Saurenergy Hyundai Motor India Limited (HMIL) has now revealed its Hyundai CRETA Electric. The company said that the electric SUV combines bold design, cutting-edge technology, and unparalleled safety to set new benchmarks in India’s EV market. Speaking about the Hyundai CRETA Electric, Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India Limited, said, “The […] Read more
Alpex Solar Ropes In Rahul Dravid As Its Brand Ambassador Updated On Fri, Jan 3rd, 2025 by Saurenergy Indian solar module manufacturer Alpex Solar Ltd has announced the onboarding of Indian cricketing legend Rahul Dravid as its first-ever brand ambassador. Dravid, a former captain and head coach of the Indian national cricket team, joins Alpex Solar at a time when several solar companies are leveraging cricketers to boost awareness about clean energy and […] Read more