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Global Battery Deployment Surges 15%, BESS Gains 55%

2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles  (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […]

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Grew Solar Plans To Enter Foreign Markets, Eyes Exports By CY25

Can you give an overview of the journey of Grew since its inception? GREW Solar has been strengthening its presence in India since its inception in 2022. The first production unit was set up at Dudu, close to Jaipur, Rajasthan, which has been successfully operating for almost 2 years now. Recently, the company has a […]

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MNRE Minister launches First AI Powered Solar Line At Goldi Solar

Union MNRE minister Pralhad Joshi, has launched India’s first AI-powered solar manufacturing line at Goldi Solar’s newly built, state-of-the-art facility in Kosamba, Surat, Gujarat. This achievement marks a major leap in India’s renewable energy sector, integrating cutting-edge AI-driven processes to revolutionize solar PV module production. The AI-powered facility enhances precision, scalability, and efficiency in solar […]

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Waaree Energies Pockets 410 MW Module Order From Aditya Birla Renewables

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 […]

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Green Stocks Feb 24: An End To Pain In Sight?

It might sound like a contrarian perspective, but we believe that the end to market pain is in sight. And with that, the steep correction in our green energy pack as well. This is a matter of valuations, the impact (or non-impact) of anticipated events like Trump tariffs, and a change in market dynamics in […]

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Laos, India, And US Made Modules Exhibit Highest Defect Rates-Kiwi Research

The latest report by Kiwi Research, claims that Modules made in Laos, India, and the U.S. exhibit the highest module defect rates, exceeding 8% (percentages are per batch of PSI samples). The report drew this conclusion based on defect rates observed during PSI across various manufacturing countries. The study stated, “This trend can be attributed […]

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Goldi Solar To Launch IPO Likely Within 12-15 Months

Indian solar module manufacturer Goldi Solar has planned to launch its Initial Public Offering (IPO) and enter into the Indian Stock Market likely in the next one year. The top management of the firm told Saur Energy that work towards the same has already begun. The Surat-based company is on an expansion spree. It has […]

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Ganesh Green Bharat Plans Launching IBC Based Modules

Gujarat-based solar module manufacturer Ganesh Green Bharat has announced the launch of IBC (Interdigitated Back Contact) solar cell-based modules for the Indian market. At the recent InterSolar event in Gandhinagar, the company showcased its futuristic plans. Speaking to Saur Energy on the sidelines of the event, the company revealed that it is currently researching the […]

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Waaree Energies Bags 362.5 MWp Solar Modules Supply Order

Waaree Energies has secured an order to supply solar modules for 362.5 MWp from a renowned customer engaged in the business of owning, developing, and operating renewable power projects in India. The company said in a regulatory filing, the supply of modules is scheduled to commence in FY 2025-26. The order adds to an already bulging […]

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