Inverter Major Sungrow Overtakes Longi By Market Cap Updated On Thu, Apr 25th, 2024 by Saurenergy Sungrow, the no 1 solar inverter firm by most rankings, has crossed the market valuation of module maker LONGi, long seen as the largest solar equipment form out of China. With year-end revenues of RMB72.25 billion (US$9.9 billion) for 2023, the Sungrow stock surged to the highest market cap among Chinese PV firms. Revenues of […] Read more
Elections 2024: Renewables Take Center Stage In Political Parties’ Manifestos Updated On Mon, Apr 15th, 2024 by Saurenergy The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled […] Read more
BPCL Awards 52 MW Solar Consultancy Contract To Ahasolar Technologies Updated On Mon, Apr 15th, 2024 by Saurenergy Bharat Petroleum Corporation (BPCL) has announced it has awarded the consultancy contract for setting up a 52 MW solar power project in Prayagraj, Uttar Pradesh to Ahasolar Technologies. The tender for the solar power project was floated by BPCL in February. Under the ambit of the project, BPCL has planned to power its refineries through […] Read more
News In Brief April 5- Alpex Solar, SolarEdge, Ford & More.. Updated On Fri, Apr 5th, 2024 by Saurenergy Alpex Solar bags govt orders worth Rs. 11.90 crore in Jharkhand under the PM-KUSUM scheme Alpex Solar says it has received orders for supply, installation and commissioning of 500 Solar Water Pumping Systems from Jharkhand Renewable Energy Development Agency. The Projects are scheduled to be completed within 120 days from the date of issue of work […] Read more
GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K Updated On Wed, Mar 20th, 2024 by Saurenergy GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […] Read more
Tesla Left in the Shadows: Vamsi Gaddam’s Groundbreaking ATUM Solar Innovation Takes Centre Stage Updated On Thu, Feb 29th, 2024 by Saurenergy Visaka Industries JMD has incorporated sustainability in each one his company’s products. ATUM Solar is a shining example of green innovation done right. Vamsi Gaddam, the esteemed Joint Managing Director of Visaka Industries, has propelled the company to the pinnacle of renewable energy innovation with his groundbreaking achievement of patenting ATUM, hailed as the world’s […] Read more
BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy Updated On Wed, Feb 21st, 2024 by Saurenergy BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power. The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmart’s commitment to […] Read more
Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
Solar Finance Startup Metafin Gets $5 Million Funding Updated On Thu, Feb 8th, 2024 by Saurenergy Metafin, a leading cleantech-focused NBFC, has successfully raised $5 million in equity funding, led by Prime Venture Partners and Varanium Capital. This investment backs Metafin’s approach to accelerating rooftop solar adoption and financing in rural India. Metafin plans to utilize funds to expand across states, grow its loan book, enhance its technology and IoT stack, […] Read more