Indian Solar Module Exports Surged 23 Times Since FY22: IEEFA Report Updated On Mon, Nov 11th, 2024 by Saurenergy India is making significant progress in transitioning from a net importer to a net exporter of solar products. In Fiscal Year (FY) 2024, Indian solar manufacturers exported approximately US$2 billion worth of solar modules. The solar module export value of PV modules from India increased by more than 23 times in just two years between […] Read more
Alpex Solar Gets Solar Pump Order In Haryana Under PM-KUSUM Updated On Fri, Nov 8th, 2024 by Saurenergy Alpex Solar, an integrated solar energy solutions company announced securing a fresh order valued at Rs 34.51 crore. The latest contract is for the supply of 1,141 solar pumps to the Haryana Renewable Energy Department (HAREDA) under Component-B of the PM-KUSUM scheme. This follows the company’s recent success in securing two major orders worth Rs […] Read more
Adani Green Optimistic To Add 6 GW RE Capacities In FY25 Updated On Tue, Oct 29th, 2024 by Saurenergy Notwithstanding the interruptions in pace of renewable project installations, triggered by delayed monsoons, Adani Green is optimistic about its target of adding 6 GW of operational capacity in FY25. In its latest investors call, the top management of the firm expressed optimism on its growth trajectory for the current fiscal. The company said that it […] Read more
Public Capital and Solar Firms- Made For Each Other? Updated On Mon, Oct 28th, 2024 by Saurenergy What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […] Read more
Surged Financial Backing Spurring the Indian RE Growth: Report Updated On Wed, Oct 23rd, 2024 by Saurenergy As the country pushes toward achieving 500 GW of non-fossil fuel energy by 2030, renewable energy now comprises 43.5% of India’s total power capacity, signaling exponential growth for the industry, a latest report from Rubix Data Sciences said. The report offers key insights into the key drivers, emerging trends, and challenges shaping the renewable energy […] Read more
Bihar Plans To Solarise Panchayat Offices, Allows Hybrid Systems Updated On Mon, Oct 21st, 2024 by Saurenergy The Bihar government has now planned to solarise its panchayats spread across 38 districts. The Panchayati Raj department of the state has planned to rope in hybrid inverters in several weak grid areas to maximise the usage of solar energy and counter blackouts. In a latest development, the state Panchayati Raj department issued a tender […] Read more
Servotech Signs Pact With Ensmart To Boost EV Charging Biz In UK Updated On Wed, Oct 16th, 2024 by Saurenergy Indian Electric Vehicle (EV) charger maker Servotech Power Systems and UK-based Ensmart Power, working in critical power, solar, and energy storage systems, has signed a sole distribution agreement to expand their EV charger distribution network across the UK and beyond, including North America. This agreement aims to capitalize on the rapid growth of electric vehicle […] Read more
Renewable Fuels: A Powerful Ally in Decarbonisation, Yet Challenges Remain Updated On Fri, Oct 11th, 2024 by Saurenergy The global transition to renewable energy is no longer limited to the rapid deployment of solar and wind power. As the world advances toward a low-carbon future, renewable fuels such as bioenergy, hydrogen, and e-fuels are also playing a critical role in decarbonising sectors that are harder to electrify, such as transport, industry, and heating. […] Read more
Off Grid Solar Market- 5 Key Takeaways From 2024 Trends Report Updated On Thu, Oct 10th, 2024 by Saurenergy GOGLA and the Energy Sector Management Assistance Program (ESMAP) of the World Bank have released the 2024 report on Solar Market Trends for Off Grid Solar (OGS). Released every two years, this 7th edition in the series covers 2022 and 2023. The latest Off-Grid Solar Market Trends Report (MTR) 2024, warns that a 6-fold increase […] Read more
