IREDA Sanctions Up 129% In Q3, Disbursements Rise 41% Updated On Thu, Jan 2nd, 2025 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has reported strong growth for the December 31, 2024 quarter. As per provisional figures, IREDA sanctioned loans worth ₹31,087 crore in third quarter, marking a 129% year-on-year (Y-o-Y) growth compared to ₹13,558 crore in the corresponding period last year. Loan disbursements also witnessed significant growth, increasing by 41% […] Read more
JREDA Issues EoI To Build Ground Mounted On-Grid Solar Plant Updated On Mon, Dec 30th, 2024 by Saurenergy The Jharkhand Renewable Energy Development Agency (JREDA) has decided to expand the state’s current ground-mounted solar capacity from the current capacity of 21 MW. It has now put forth a tender in this regard too. The JREDA tender sought to expand the on-grid solar projects in the state by seeking expressions of interest (EOI) from […] Read more
Servotech Secures Rs. 31 Cr Order To Supply 1100 Agriculture Pumps To UPNEDA Updated On Mon, Dec 30th, 2024 by Saurenergy Delhi-based Servotech Renewable Power System Ltd. (Formerly known as Servotech Power Systems Ltd.), a solar solutions and EV Charger manufacturer has secured an order approx. 1100 Grid-connected Agriculture Pumps under “KUSUM Component C-1 Scheme” from Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA), Govt. of Uttar Pradesh. The project valued at around 31 Crores […] Read more
The 10 Big Milestones That Will Define India’s RE Sector In 2025 Updated On Thu, Dec 26th, 2024 by Saurenergy The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […] Read more
Pune-Based EPC Firm GK Energy Limited Files DRHP for IPO Updated On Mon, Dec 16th, 2024 by Saurenergy GK Energy Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). Pune-based company now plans to raise funds through an Initial Public Offering (IPO).GK Energy is a pure-play engineering, procurement and commissioning (EPC) provider of solar-powered agricultural water pump systems. The offer comprises direct-to-beneficiary sales and sales to […] Read more
Green Stock Dec 12: Adani Green Stock Bounces Back After Rajasthan Project Updated On Thu, Dec 12th, 2024 by Saurenergy After days of struggles, the stocks of Indian renewable energy company Adani Green bounced back today, showing a recovery. The stock today reported a 6.38% jump. This jump in its stock price came to the fore when the firm reported commissioning a 230 MW of solar project in Rajasthan. Madhya Pradesh-based solar pump company Shakti […] Read more
JVVNL Issues Tender For Solarization Of Agricultral Feeders Updated On Fri, Dec 6th, 2024 by Saurenergy Jaipur Vidyut Vitran Nigam Limited (JVVNL) has issued a tender for the solarisation of feeders. The Jaipur discom plans to establish decentralized solar projects within its jurisdiction under the RESCO (Renewable Energy Service Company) mode to undertake the project. The Rajasthan state agency has now issued a tender for this purpose. The deadline for bid […] Read more
5 Reasons Solar Customers Await 2025 With Some Trepidation Updated On Fri, Dec 6th, 2024 by Saurenergy 2024 is set to go down as the best year on record for solar in India, with total capacity additions set to cross a record 22 GW during the year. For the financial year (April to March) as well, capacity additions could be even higher, possibly touching 24 GW or more. But behind the record […] Read more
COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers Updated On Thu, Nov 28th, 2024 by Saurenergy So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […] Read more
