As India Goes Past 100 GW Solar Milestone, No Time To Rest Updated On Wed, Jan 29th, 2025 by Saurenergy If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […] Read more
Q3 FY25: ACME Solar’s PAT Up By 152% YoY, PAT Margin At 28% Updated On Wed, Jan 29th, 2025 by Saurenergy ACME Solar Holdings, in its Q3 FY25 financial results, reported a 152% year-over-year (YoY) increase in Profit After Tax (PAT). It also reported a 632.5% jump in its net profit on a Quarter-On-Quarter (QoQ) basis. The PAT margin reached 28%, while the net debt-to-equity ratio stood at 1.6x. The company’s total revenue increased by 9.9% […] Read more
SECI Invites Bids For Solar Projects At Five Locations In RESCO Mode Updated On Tue, Jan 28th, 2025 by Saurenergy SECI recently released a tender to select solar power developers to build 1750 kW Grid-Connected Rooftop Solar PV Projects under RESCO mode. It has sought bids up till 28th February 2025. The project would be located across five locations, Meghalaya, Chandigarh, Bhilai, New Delhi, and Guwahati. The tender mentioned the location and the project below: […] Read more
Exicom, ChargeZone Partner To Deploy EV Charging Stations Updated On Mon, Jan 27th, 2025 by Saurenergy Exicom, an electric vehicle (EV) charging and critical power solutions manufacturer, has joined hands with ChargeZone, an integrated e-mobility company to develop and deploy 500+ EV Charging Stations. These charging stations include charging stations integrated with renewable energy. As a part of this collaboration, Exicom will develop and supply Charging solutions to be deployed by […] Read more
Rajasthan: RERC Revises PLF Formula For Tariff Determination Updated On Mon, Jan 27th, 2025 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has now planned to revise the Plant Load Factor (PLF) formula to integrate more factors in the determination of tariffs. The state power regulator in while hearing the suggestions of the stakeholders over its draft RERC (Terms and Conditions for Determination of Tariff) Regulations 2025 passed the order. The […] Read more
Telangana Joins BESS Space With 250 MW/500 MWh Tender Updated On Mon, Jan 27th, 2025 by Saurenergy Telangana Genco’s (TGGENCO) latest tender seeks to select BESS developers to build 500 MWh (250 MW x 2 hours). The tender invites bids from BESS developers to establish an “on-demand” battery storage system under Tariff-based Global Competitive Bidding with Viability Gap Funding (VGF) in Telangana. TGGENCO is accepting bids until February 21, 2025. With the […] Read more
Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
Shakti Pumps Delivers With 130% Profit Rise in Q3 Fy25 Updated On Mon, Jan 27th, 2025 by Saurenergy Indore based Solar pump leader Shakti Pumps declared its Q3 results on Friday evening. The company reported a 130.09% year-on-year (YoY) jump in net profit at Rs 104 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, the company had posted a net profit of Rs […] Read more
News In Brief Jan 23: Nextracker, Saatvik bags EPC Contracts From HPPCL, Jindal Group Updated On Thu, Jan 23rd, 2025 by Saurenergy Saatvik Green Bags Solar EPC Contracts From HPPCL Saatvik Green Energy Limited, a solar EPC solutions provider has been awarded two solar EPC contracts by Himachal Pradesh Power Corporation Limited (HPPCL). The contracts, totaling 23 MW, include an 11 MW solar project in Lamlehri Upperli UNA and a 12 MW solar project in Gondpur Bulla […] Read more
