Q2 Results: IREDA Reports 36% Jump In Net Profits Updated On Fri, Oct 11th, 2024 by Saurenergy The Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the second quarter (Q2) of FY25, showing growth in both revenue and net profits on a quarterly and annual basis. The company reported total revenue of Rs 1,629.54 crore in Q2 FY25, compared to Rs 1,510.27 crore in Q1 FY25 and […] Read more
RMC Switchgears Limited Wins ₹201 Crore Solar Project in MH Updated On Wed, Oct 9th, 2024 by Saurenergy RMC Switchgears Limited has bagged an order as part of a consortium for solarization of agricultural feeders in Maharashtra. The bid was made through competitive e-reverse auction. This project is located in Ahmednagar district of Maharashtra. It will operate three separate (EPC) Engineering, Procurement and Construction contracts with operations and maintenance for three years. The […] Read more
Premier Energies Signs 173.35 MWp MSA with BrightNight India Updated On Wed, Oct 9th, 2024 by Saurenergy Premier Energies International Private Ltd., a subsidiary of Premier Energies Limited, has signed a Module Supply Agreement (MSA) with BN Hybrid Power-1 Private Limited, a Special Purpose Vehicle (SPV) of BrightNight India. According to the filing at the BSE by Premier Energies, it will supply 173.35 MWp of solar modules featuring the latest Topcon technology […] Read more
RMC Switchgears Secures 41 MW Solar PV Project In Maharashtra Updated On Tue, Sep 17th, 2024 by Saurenergy RMC Switchgears today received an order to develop a 41 MW (AC) solar photovoltaic power project in Maharashtra. RMC Switchgears received a contract from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the solar photovoltaic power project in the RESCO model. The project will be executed under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, […] Read more
Re-Invest 2024- Firms Parade 480 GW Capacity Addition Plans Updated On Tue, Sep 17th, 2024 by Saurenergy At the fourth edition of Re-invest 2024, you might be tempted to believe that India’s renewable energy targets are as good as met. At least, going by the line up of firms queuing up to make their commitments public. In a spectacle suitably titled ‘Shapath Patra’ or agreements signed at the event, firms made the […] Read more
Extended Wait Ahead For Any Price Drops In Solar, Wind Updated On Wed, Aug 28th, 2024 by Saurenergy If you track India’s renewable sector, you couldn’t have failed to notice the seeming exuberance in recent months. Amplified by the soaring valuations of listed firms on the country’s stock exchanges, at SaurEnergy, we have tracked how a basket of ‘green energy’ stocks we track has grown over 120% in value over a year. This […] Read more
Premier Energies IPO Up For Subscription From Today Updated On Tue, Aug 27th, 2024 by Saurenergy Indian solar cell and solar module manufacturing company Premier Energies Limited today opened up its Initial Public Offer (IPO) for subscription for investors. The offerings will be open for the public from August 27 to August 29. With the IPO offerings, the Hyderabad-based company has planned fresh equity sales of Rs 1,291 crore. The allotment […] Read more
Is Community Solar A Key Piece In India’s Clean Energy Strategy? Updated On Tue, Aug 20th, 2024 by Saurenergy India’s ambitious renewable energy targets highlight a promising model for democratizing access to clean energy—community solar. Despite the global momentum and success stories, community solar has faced hurdles in gaining traction within India. With existing financial support for various clean energy schemes, the path from concept to a widespread adoption has not been smooth in […] Read more
Every Indian District Soon To Host One Model Solar Village Updated On Mon, Aug 12th, 2024 by Saurenergy Every district of the country is now all set to host one model solar village. The Ministry of New and Renewable Energy (MNRE) has now come out with detailed guidelines to make this a reality. As per the norms, these model solar villages will be developed as components of the PM Surya Ghar scheme with […] Read more
