Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans Updated On Thu, Oct 6th, 2022 by Saurenergy Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […] Read more
Inverter Major Solis Builds On Strong India Performance With REI Presence Updated On Mon, Oct 3rd, 2022 by Saurenergy The Renewable Energy India Expo 2022 (REI 2022) concluded its three-day run in Greater Noida, Uttar Pradesh from September 28 to 30, 2022. For solar Inverter major Solis, which has had a very strong performance in the past few years in the Indian market, it was an opportunity to highlight its technical strength by showcasing […] Read more
Shining Bright. India’s Solar Start Ups Updated On Fri, Sep 30th, 2022 by Saurenergy When Prime Minister Narendra Modi launched the Start Up India movement in 2015 on August 15, perhaps even he wouldn’t have imagined the role startups were going to play in India’s clean energy transition. After all, the energy sector, with its tremendous policy overhang, large capital commitments, and the need for a long term perspective […] Read more
Updated ALMM Manufacturer List For September Updated On Fri, Sep 30th, 2022 by Saurenergy The ALMM (Approved List of Module Manufacturers) list for Indian domestic manufacturers has been updated by the Ministry of New And Renewable Energy (MNRE) once again after last month’s (August 2022) list. This latest update lists (September 2022) 75 companies in total, including 8 new module manufacturers with a cumulative capacity of 1,411 MW. Overall […] Read more
Vedanta Ups RE Requirement To 1 GW For Its Operations Updated On Fri, Sep 30th, 2022 by Saurenergy Mumbai-based mining and metallurgy giant Vedanta Group has announced that it has targeted sourcing of clean and green energy upto 1 GW to fulfil the power needs of various operations. Vedanta has said that it also seeks bids from players for the supply of additional 500 MW of renewable energy. Vedanta aims at employing 2.5 […] Read more
Sungrow Surpasses 14-GW Shipments in Indian Solar Market Updated On Fri, Sep 30th, 2022 by Saurenergy Leading global inverter and energy storage system supplier for RE, Sungrow Power Supply, has said that it has surpassed 14 GW inverter shipments in the Indian market. Sungrow said that it took less than one year to reach 14-GW as the 10-GW record was achieved in November, 2021. The 4 GW sales since then are […] Read more
Rayzon Was The Second Largest DCR Module Supplier in Residential Rooftop Solar in Gujarat Updated On Thu, Sep 29th, 2022 by Saurenergy While solar has incubated many startups, manufacturing startups are relatively rare in the sector, as manufacturing remains the toughest part of the chain. Rayzon Solar, the Gujarat based startup that started in 2017 with a 40 MW capacity has expanded to 1.5 GW since then, with plans to go all the way to 5 GW […] Read more
Servotech Power Bags Second Solar Project in September from UPNEDA Updated On Tue, Sep 27th, 2022 by Saurenergy The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has awarded the 1.8 MW off-grid solar project (Second Solar Project) to Servotech Power Systems, an Indian developer of solar, LED, medical-grade, and electric vehicle (EV) charging solutions. This 1.8 MW of off-grid solar project’s overall contract value is about Rs 30 crore. After acquiring […] Read more
LONGi To Showcase Hi-MO 5 Series, Hydrogen Business at Indian Expo Updated On Tue, Sep 27th, 2022 by Saurenergy A world leader in clean energy, China-based LONGi has announced that it will be showcasing its award-winning Hi-MO 5 Series at the Renewable Energy India Expo 2022 and also unveil the company’s new Hydrogen Business exclusively for the Indian customers. The 15th Edition of Renewable Energy India Expo will be happening from 28-30 September at […] Read more
