Credence To Start Solar Cell Production From Rajkot Updated On Thu, Feb 27th, 2025 by Saurenergy Indian solar module manufacturer Credence Solar has announced plans to commence solar cell manufacturing from Rajkot in Gujarat. The company intends to establish a solar cell production line with a capacity of either 1 GW or 1.2 GW. The top management informed Saur Energy that the decision was made in response to the shortage of domestically produced […] Read more
Green Stocks Feb 24: An End To Pain In Sight? Updated On Mon, Feb 24th, 2025 by Saurenergy 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 […] Read more
Laos, India, And US Made Modules Exhibit Highest Defect Rates-Kiwi Research Updated On Fri, Feb 21st, 2025 by Saurenergy 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 […] Read more
Swelect Plans 500 MW Of Solar Cell Production Soon Updated On Fri, Feb 21st, 2025 by Saurenergy Tamil Nadu-based solar module manufacturer Swelect Energy is set to commence solar cell production soon. This move aligns with several other solar module makers venturing into solar cell manufacturing, following the Ministry of New and Renewable Energy’s (MNRE) proposal to implement the Approved List of Models and Manufacturers (ALMM) for solar cells from June 2026. […] Read more
Only 30-40% of EV Supply Chain Localized: ICRA Updated On Thu, Feb 20th, 2025 by Saurenergy Investment Information and Credit Rating Agency, ICRA found that at present, only 30-40% of the EV supply chain is localized. There has been substantial localization in traction motors, control units, and battery management systems over the years, while battery cells, which constitute 35-40% of a vehicle’s cost, are still entirely imported. The relatively low localization […] Read more
Saatvik Solar Initiates Works To Commence Solar Cell Production Updated On Thu, Feb 20th, 2025 by Saurenergy Indian solar module manufacturer Saatvik Solar has commenced work on establishing its own solar cell production line in Odisha. The company had earlier announced plans to begin solar cell manufacturing in the state to strengthen its vertical integration. Additionally, the Ambala-based firm has submitted its Draft Red Herring Prospectus (DRHP) to launch an IPO and […] Read more
Green Stocks Feb 18: Bottom Fishing To Emerge Soon In RE Stocks? Updated On Tue, Feb 18th, 2025 by Saurenergy With no respite for the market in a volatile trade environment, green energy stocks continued to be buffeted by the winds from the US. A lot of what US President Donald Trump has already proven to be hot air, but the sheer impact of the US remains large enough to shake up global markets. India […] Read more
“WAACAB Focused On Large Solar Installations”-Satyam Khamar Updated On Tue, Feb 18th, 2025 by Saurenergy India’s solar boom has opened up a world of opportunities for many firms. WAA Cables is one which has grabbed the opportunity opened up by the rising demand for specialised cables and more for the growing solar footprint across the country. Along with that has come the EV rush, now picking pace, where the firm […] Read more
MNRE Proposes Separate ALMM For Off-Grid Solar Solutions Updated On Mon, Feb 17th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has proposed a new Approved List of Models and Manufacturers (ALMM) specifically for off-grid solar solutions. As part of this initiative, the ministry plans to lower the threshold efficiency limits for solar modules under ALMM for these applications. It has invited stakeholders to submit their suggestions by […] Read more
