Cabinet Approves Second Tranche of PLI Scheme For Solar Module Manufacturing Updated On Wed, Sep 21st, 2022 by Saurenergy The second tranche / phase of the Production Linked Incentive (PLI) scheme for the advancement of solar PV modules, with an outlay of Rs 19,500 crore, was approved by the Union Cabinet on September 21. In a press conference held after the Cabinet meeting, Union Minister Anurag Thakur stated that the PLI for the “National […] Read more
IRCON Renewable Issues Tender for Solar Power Projects for Karnataka Updated On Mon, Sep 5th, 2022 by Saurenergy IRCON Renewable Power (IRPL) has floated a tender for the supply of 500 MW of solar power projects at Pavagada in Karnataka. The last date for submitting the online bid is September 16, 2022, and the bids will be opened on September 17, 2022. As per the tender document, the completion period of this solar […] Read more
IRCON Renewable Power Invites Bids for 500 MW Solar Project in Karnataka Updated On Tue, Aug 30th, 2022 by Saurenergy IRCON Renewable Power (IRPL) has floated a tender for engineering, procurement, and construction (EPC) work with a 220 kV substation for 500 MW of grid-connected solar power projects at Pavagada in Karnataka. The last date for submitting the online bid is September 20, 2022, and the bids will be opened on the same day. This […] Read more
Gautam Solar Strengthens Distribution For Faster Response Updated On Mon, Jun 27th, 2022 by Saurenergy In its endeavor to make solar modules easily available to consumers and solar system integrators, Gautam Solar has set up a new warehouse at Greater Noida, in the National Capital Region. With the new expansion, Gautam Solar will be providing the entire national capital with solar panels in the least turnaround time. The solar panels […] Read more
Kolkata-based solar PV cell maker raises Rs 170 crore Updated On Mon, Mar 14th, 2022 by Saurenergy Kolkata-based Solar photovoltaic (PV) cell manufacturer Jupiter International has raised ₹170 crore from funds managed by wealth management firm Edelweiss Alternative Asset Advisors (EAAA). The funds will be utilised as growth capital to enhance its manufacturing capacity, the Kolkata-based company said on Sunday. The company plans to set up a new greenfield capacity of 2,000 […] Read more
AISIA rues lack of support from govt, domestic developers for solar manufacturers Updated On Thu, Mar 10th, 2022 by Saurenergy Solar manufacturers have highlighted the lack of support from the government and the domestic developers, according to a press note shared by the All India Solar Industries Association (AISIA), the domestic solar manufacturers association, on Wednesday. It added that even though the government has announced several policies to support the players, domestic solar manufacturing continues […] Read more
MNRE Focus On Residential Rooftop, As National Portal for Subsidy, Net Metering In the Making Updated On Wed, Feb 2nd, 2022 by Saurenergy The Ministry and New and Renewable Energy (MNRE) under Power Minister R.K. Singh finally seems to be paying heed to the crying need for attention from the rooftop solar sector. To give some speed to the reeling rooftop solar segment MNRE has issued a simplified procedure for residential consumers to get the rooftop solar plant […] Read more
PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid Updated On Mon, Jan 17th, 2022 by Saurenergy Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […] Read more
Solar Manufacturer Premier Energies Raises INR 200 crore Private Equity Updated On Fri, Sep 24th, 2021 by Saurenergy Premier Energies, a leading Solar PV Cells & Module manufacturing company, today announced a Private Equity investment of Rs 200 crores in the company by GEF Capital Partners, a global private equity manager focused on investing in climate solutions. Premier Energies will use the funds as growth capital to enhance its solar PV cell and […] Read more
