Gautam Solar Eyes IPO Option As It Expands Capacity to 5 GW Updated On Mon, Oct 14th, 2024 by Saurenergy Gautam Solar, one of the oldest and largest solar module manufacturer in North India, has announced more details on its ambitious plan to expand its solar module manufacturing capacity to 5 GW by 2025. This expansion will occur in three phases, with the first phase set for completion in November 2024, followed by the second […] Read more
Exide Industries Invests Rs.100 Cr For Bengaluru’s Lithium-ion Plant Updated On Fri, Oct 11th, 2024 by Saurenergy Kolkata-based battery manufacturing company Exide Industries Limited recently announced infusion of about ₹100 crores into its subsidiary, Exide Energy Solutions Limited (EESL), to manufacture and sell lithium-ion battery cells, modules, and packs. The company has made a total investment of ₹2,852.24 crore. The equity investment in EESL, on a rights basis, aims to fund this […] Read more
H1 Update: Adani Green Increases Its Capacity Upto 11.20 GW Updated On Fri, Oct 11th, 2024 by Saurenergy Adani Green, the project developer company of the Adani Group today revealed that its operational capacity has progressed from 8.31 GW (H1 of FY24) to 11.20 GW in H1 of 2024-25. Its current capacity comprises 2,418 MW of solar and 450 MW of wind power plants. The port-to-airport conglomerate has increased its presence in the […] Read more
India’s Solar Sector Buoyant On New Growth Trajectory Updated On Wed, Oct 9th, 2024 by Saurenergy FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […] Read more
Rayzon, Cliantech Sign Up For 5GW Capacity Expansion At REI Updated On Mon, Oct 7th, 2024 by Saurenergy Surat-based Rayzon Solar has signaled its commitment to its already string momentum will continue as it signed a major agreement with Cliantech Solutions to launch a 5 GW solar production line. The signing was done at the REI Expo in Noida. The Chirag Nakrani and Hardik Kothiya founded firm has been in the limelight for […] Read more
Goldi Solar Enhances Capacity Targets Updated On Thu, Oct 3rd, 2024 by Saurenergy Surat-based Goldi Solar, has announced an enhancement to its capacity expansion plans. The firm now aims to increase its module manufacturing capacity from the current 3 GW to 14 GW by mid FY26. Additionally, Goldi Solar plans to build its cell manufacturing capacity to 4 GW by FY27, a crucial move aimed at reducing reliance on […] Read more
Vikram Solar Joins IPO Line, Files DRHP Updated On Tue, Oct 1st, 2024 by Saurenergy Kolkata-based Vikram Solar Limited, a leading, and one of the earliest solar photo-voltaic module manufacturers at scale in India, has filed its draft red herring prospectus (DRHP) with SEBI to raise funds through an initial public offering (IPO). With over 15 years of industry experience as of 31 March 2024, Gyanesh Chaudhary led Vikram Solar […] Read more
Waaree Energies Clears SEBI Hurdle, Set For IPO Updated On Tue, Sep 24th, 2024 by Saurenergy Mumbai-based solar PV module manufacturer, Waaree Energies has received the Securities and Exchange Board of India (SEBI) approval for its proposed initial public offering (IPO). The company hopes to raise a fresh issue of equity shares aggregating up to Rs 3,000 crore and an offer for sale of up to 3,200,000 equity shares with a […] Read more
Jindal India RE Targets BESS Market With 5 GWh Capacity Updated On Wed, Sep 18th, 2024 by Saurenergy Jindal India Renewable Energy, a part of the BC Jindal Group, announced its foray into the Battery Energy Storage Systems (BESS). The company plans to build 1 GWh battery pack assembly line with LFP chemistry by 2025 and will foray into battery cell manufacturing with 5 GWh capacity by 2027. To achieve this, the company […] Read more
