1 GW Module Order For Saatvik Green Valued At Rs 1500 Cr. Updated On Thu, Jan 9th, 2025 by Saurenergy Saatvik Green Energy Limited announces its historic win of a 1 GW solar PV module supply contract from a leading energy producer. The deal, valued at over ₹1,500 crore, represents a significant milestone in the company’s expansion. Saatvik, as per customized specifications, will supply advanced technology N-TOPCon solar PV modules & commence the entire delivery […] Read more
Solex Energy Achieved 103% Revenue Growth In First 9 Months Of FY 2024 Updated On Thu, Jan 9th, 2025 by Saurenergy Surat based Solex Energy Limited (NSE: SOLEX), one of India’s most established solar brands, has announced its financial performance for the year to date (YTD) or nine months ending 31 December. The company reported consolidated revenue of ₹408 crores, reflecting an impressive 103% increase from the previous year for the same period. The company is […] 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
Top 5 Solar Energy Markets to Boom in 2025 Updated On Tue, Jan 7th, 2025 by Saurenergy The solar power industry is flourishing globally, but growth potential varies across regions due to diverse influencing factors. Some solar markets are poised to outperform others, driven by favourable conditions already present or anticipated in 2025. The International Energy Agency forecasts that the global RE capacity will increase by over 5,520 GW during 2024-2030, about […] Read more
NTPC REL Bags UPPCL’s 1 GW Solar Project At Rs. 2.56/kWh Updated On Sun, Jan 5th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), an NTPC Limited subsidiary, emerged as the successful bidder in the Uttar Pradesh Power Corporation Limited (UPPCL’s) e-reverse auction. Out of the initial tender to select solar power developers for 2000 MW ISTS-connected solar PV power projects, NTPC REL secured a 1,000 MW capacity at a tariff rate of […] Read more
The 10 Big Milestones That Will Define India’s RE Sector In 2025 Updated On Thu, Dec 26th, 2024 by Saurenergy The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […] Read more
Websol Energy Update-600MW Cell Line At Falta Location Updated On Tue, Dec 24th, 2024 by Saurenergy Kolkata based Websol Energy System Limited, one of the oldest solar cell makers in the country, has provided an update on its upcoming 600 MW cell at its FALTA SEZ plant. The firm has informed the stock exchanges that the Company has placed purchase order for equipments and has made advance payments for the said […] Read more
Prozeal, Kintech & SAEL Secure GUVNL’s 500 MW Solar Auction Updated On Thu, Dec 19th, 2024 by Saurenergy GUVNL recently announced seven winners of its 500 MW grid-connected solar power projects with an additional 500 MW greenshoe option. Under its Phase XXV auction, it allocated bids to S.B.B. Mouldings, Kintech Synergy, Enertech Fuel Solutions, Prozeal Green Energy, Ausom Enterprise, Drashta Green Power, and SAEL Industries. The tender for this project was released in […] Read more
High Solar Cell Price Can Push Up Tariffs For Developers: CRISIL Updated On Wed, Dec 18th, 2024 by Saurenergy The government’s move to extend the Approved Lists of Models and Manufacturers (ALMM) to solar cells from June 1, 2026, envisions accelerating solar cell manufacturing in India. An analysis by CRISIL Market Intelligence & Analytics estimates domestic capacity can make solar cells more than quadruple to 43-47 GW by June 2026 from 10 GW in […] Read more
