INA Solar Raises Rs. 402 Crore Via Preferential Allotment Of Equity Shares Updated On Wed, Oct 16th, 2024 by Saurenergy Rajasthan-based Insolation Energy Limited (INA Solar), a solar panel manufacturer raised Rs 402 Crores from investors in response for its preferential allotment of equity shares. Chairman Manish Gupta and Managing Director Vikas Jain expressed their gratitude, highlighting that since its inception in 2017, Insolation Energy Limited has established Rajasthan’s one of the largest solar panel […] Read more
How Monitoring Improves Decentralized Renewable Energy To Support Healthcare? Updated On Fri, Oct 11th, 2024 by Saurenergy By-Rishikesh Mishra and Lanvin Concessao The availability of reliable electricity increases a healthcare facility’s ability to treat patients and serve the community. Electricity is critical to operate basic equipment such as lights, fans and water pumps, but also run lifesaving equipment like baby warmers, oxygen concentrators, diagnostics, and vaccine freezers and refrigerators. In regions where […] Read more
Q2 Results: IREDA Reports 36% Jump In Net Profits Updated On Fri, Oct 11th, 2024 by Saurenergy The Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the second quarter (Q2) of FY25, showing growth in both revenue and net profits on a quarterly and annual basis. The company reported total revenue of Rs 1,629.54 crore in Q2 FY25, compared to Rs 1,510.27 crore in Q1 FY25 and […] Read more
India’s Solar Sector Buoyant On New Growth Trajectory Updated On Wed, Oct 9th, 2024 by Saurenergy FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […] Read more
RMC Switchgears Limited Wins ₹201 Crore Solar Project in MH Updated On Wed, Oct 9th, 2024 by Saurenergy RMC Switchgears Limited has bagged an order as part of a consortium for solarization of agricultural feeders in Maharashtra. The bid was made through competitive e-reverse auction. This project is located in Ahmednagar district of Maharashtra. It will operate three separate (EPC) Engineering, Procurement and Construction contracts with operations and maintenance for three years. The […] Read more
Premier Energies Signs 173.35 MWp MSA with BrightNight India Updated On Wed, Oct 9th, 2024 by Saurenergy Premier Energies International Private Ltd., a subsidiary of Premier Energies Limited, has signed a Module Supply Agreement (MSA) with BN Hybrid Power-1 Private Limited, a Special Purpose Vehicle (SPV) of BrightNight India. According to the filing at the BSE by Premier Energies, it will supply 173.35 MWp of solar modules featuring the latest Topcon technology […] Read more
Gujarat: Zodiac Energy Secures 30 MW Solar Project From AMC Updated On Tue, Oct 8th, 2024 by Saurenergy Gujarat-based Zodiac Energy recently secured an order from the Ahmedabad Municipal Corporation (AMC) to build a 30 MW ground-mounted solar project in its home state. The company is responsible for designing, supplying, installing, testing, and commissioning a grid-tied solar project. The contract also includes the erection, operation, and maintenance of the project for five years, […] Read more
India’s Luck With Falling RE Costs Could Run Out, And We Need to Be Prepared Updated On Tue, Oct 1st, 2024 by Saurenergy September saw some very interesting points to ponder over, as far as Renewable costs go. While we are all aware of the falling RE costs, especially in solar that have led to solar beating almost every estimate of capacity addition repeatedly, the situation has been very positive on the storage front as well. Yes, storage […] Read more
MAHAPREIT and NTPC Sign RE Projects Worth 10 GW Updated On Fri, Sep 27th, 2024 by Saurenergy NTPC Green Energy Ltd (NGEL) is a wholly owned subsidiary of NTPC Ltd, under which a joint venture agreement was signed with Mahatma Phule Renewable Energy and Infrastructure Technology, MAHAPREIT. Together, the two firms are set to develop 10 GW of renewable energy parks and projects in the state of Maharashtra or other states in […] Read more