Maharashtra: Blue Energy To Set up 30,000 E-Truck Manufacturing Plant Updated On Wed, Jan 22nd, 2025 by Saurenergy Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Maharashtra government at the World Economic Forum in Davos. The MoU paves the way for Blue Energy Motors Ltd.’s proposed investment in the state, with plans to manufacture 30,000 electric trucks to foster industrial growth and significantly enhance the region’s EV truck manufacturing […] Read more
Trump Entry, Chinese New Year To Mark A Turning Point On Solar Prices? Updated On Tue, Jan 21st, 2025 by Saurenergy As the Chinese New Year holidays start on Jan 29, like always, the country is already preparing for the massive national holiday, which will run into the first week of February. For the Chinese solar sector, and by extension, a large part of the global solar sector, it is the post-holiday changes that will be […] Read more
Himachal Pradesh: Dharamshala Gets Its First Solar Project Updated On Mon, Jan 20th, 2025 by Saurenergy Himachal Pradesh (HP) Chief Minister Thakur Sukhvinder Singh Sukhu recently inaugurated its first solar power project 750 kilowatts at Dharamshala in Kangra district. The solar project was built at Rs. 4.74 crore and spans 8,500 square meters of land. The project would generate approximately 2,000 units of electricity daily, yielding a monthly income of Rs. […] Read more
Waaree Renewable Technologies Secures Off-Grid Solar Order Updated On Fri, Jan 17th, 2025 by Saurenergy Waaree Renewable Technologies (WTL), spearheading the Solar EPC segment, recently received an order to supply 99 Solar off-grid combo sets. The company shared this information with its investors in its filing before the stock exchange. The company said, “Waaree Renewable Technologies (WRTL) secured the order from a customer engaged in trading activities. This project would […] Read more
Q3 Results: Sterling & Wilson Profit Up By 127% On YoY Updated On Thu, Jan 16th, 2025 by Saurenergy Indian renewable energy company Sterling and Wilson (SW Solar or SWREL) today announced its financial results for the third quarter (Q3) of FY25, alongside a report for the first nine months of the fiscal year. 127% Surge in Net Profits The company’s consolidated financial results revealed a significant 127% increase in net profits on a […] Read more
JA Solar Faces The Heat From US Forced Labour Sanctions Updated On Thu, Jan 16th, 2025 by Saurenergy In a fresh list of 37 entities that have been found to be allegedly using forced labour in China’s Xinjiang province, a subsidiary of JA Solar finds itself banned from shipping goods to the US. The full list can be seen here. Donghai JA Solar Technology Co., a subsidiary of key Chinese solar manufacturer JA […] Read more
NTPC Issues Tender To Build Pilot BESS At Dadri Thermal Plant Updated On Thu, Jan 16th, 2025 by Saurenergy NTPC recently issued a tender to build and test a pilot project for proof of concept to replace diesel generators (DGs) with battery energy storage systems (BESS) at the Dadri Thermal Plant. The plant will be located at NTPC Dadri Stage-I. NTPC sought bids from interested parties until February 10, 2025. Prior Experience The bidder […] Read more
TREDA Issues Pre-Feasibility Tender for PSP In Tripura Updated On Thu, Jan 16th, 2025 by Saurenergy The Joint Director of the Tripura Renewable Energy Development Agency (TREDA) issued an e-tender, soliciting bids to set up a Pumped Storage Project in Tripura from prospective bidders. The agency, on behalf of the organization, invited tenders to establish consultancy services for the preparation of a Pre-Feasibility Report (PFR). TREDA has sought bids from interested […] Read more
Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps Updated On Thu, Jan 16th, 2025 by Saurenergy Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […] Read more