First Solar Q4 Results Continue To Wait On India Surge, Ships 14.1 GW Worldwide Updated On Fri, Feb 28th, 2025 by Saurenergy First Solar, Inc. has announced financial results for the fourth quarter and year ended December 31, 2024. The US-based company’s net sales for the fourth quarter were $1.5 billion, an increase of $0.6 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. In an earnings […] Read more
Tata Power Solar Wins ₹632 Cr SECI Contract To Supply 292.5 MWp Solar Modules Updated On Thu, Feb 27th, 2025 by Saurenergy TP Solar Limited (TP Solar), a subsidiary of Tata Power Renewable Energy Limited (TPREL), has secured a contract from the Solar Energy Corporation of India Limited (SECI) to supply 292.5 MWp Domestic Content Requirement (DCR) Solar Modules. The project is awarded to TATA Power under the CPSU Scheme Tranche-III. The contract, valued at approximately ₹ […] Read more
Hoymiles Appoints Impulse Green Energy As Its Newest Distributor In India Updated On Thu, Feb 27th, 2025 by Saurenergy Hoymiles, a smart solar solutions provider, announces the appointment of Mumbai-based Impulse Green Energy as its newest distributor in India. This partnership will help to expand the presence and access to Hoymiles’ solar solutions across the region. Hoymiles has a presence in over 190 countries and is renowned for its microinverters and energy storage solutions. […] Read more
India Adds 35 GW Power in 2024, Solar Leads with 71% Share: Study Updated On Thu, Feb 27th, 2025 by Saurenergy India added nearly 35 gigawatts (GW) of power capacity in 2024, setting a new record for the calendar year. According to the GEM study, Solar photovoltaic (PV) capacity made up almost 25 GW (71%) of all additions across the power sector, a record annual capacity addition for any technology in India. Despite the strong year, […] Read more
JSW Energy Wins 125 MW/500 MWh BESS Tender From SECI At ₹441,000/MW/Month Updated On Thu, Feb 27th, 2025 by Saurenergy JSW Energy has recently secured a 125 MW/500 MWh standalone battery energy storage system (BESS) tender from the Solar Energy Corporation of India (SECI). JSW won the tender at ₹441,000/MW/month. SECI floated this tender in December 2024 and declared it within two months. As per the tender, SECI, after receiving interest from the Kerala State […] Read more
Kinetic Green’s Losses Spurt 11X in FY24 As Revenue Dips 3% Updated On Thu, Feb 27th, 2025 by Saurenergy Electric vehicle manufacturer Kinetic Green faced significant financial strain in FY24, with losses increasing 11X due to rising expenses in advertising and employee benefits. Meanwhile, the Greater Pacific Capital-backed company’s revenue declined by 3% year-on-year. Kinetic Green’s revenue from operations decreased to Rs 291 crore in FY24 from Rs 301 crore in FY23, its consolidated […] Read more
As Solar Developers In China, India Face June Deadline, Module Supply, Prices To Tighten Updated On Thu, Feb 27th, 2025 by Saurenergy China, which remains the heart of the solar industry worldwide, has finally seen an inching up of module prices in February, bringing some relief to its large solar manufacturers. However, the rise in prices may not be such good news for many markets where tariffs have been imposed on Chinese imports, as it was the […] Read more
Waaree Energies Pockets 410 MW Module Order From Aditya Birla Renewables Updated On Thu, Feb 27th, 2025 by Saurenergy Mumbai-based solar module manufacturer, Waaree Energies has won an order win from Aditya Birla Renewable Energy Limited (ABREL). The company will supply 410 MW of advanced N-Type TopCon, glass-to-glass bifacial solar modules, each rated at 585 Wp, to ABREL EPC Limited, a wholly owned subsidiary of Aditya Birla Renewables. Waaree has earlier shared an order […] Read more
Adani Green Wins 1.25 GW Pumped Hydro Storage Project From UPPCL Updated On Thu, Feb 27th, 2025 by Saurenergy Adani Green Energy Limited (AGEL), has received a Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW of energy storage capacity from Pumped Hydro Storage Projects (PSP). The Panaura PSP project has a minimum commitment of 40 years. It will be located in Sonbhadra district, Uttar Pradesh, and is expected […] Read more
