BUDGET: FM Proposes Amending Duties For Solar Cells, Modules Updated On Sat, Feb 1st, 2025 by Saurenergy Union Finance Minister Nirmala Sitharaman today presented the Union Budget 2025. Although the minister did not explicitly use the word ‘renewable’ in her speech or announce any scheme or support for the sector exclusively, the finer details of the budget document revealed some changes. The budget documents revealed that the government has decided to amend […] Read more
Odisha’s RE Market Can Attract Rs.1.5 Trillion Investments: CEEW Updated On Fri, Jan 31st, 2025 by Saurenergy Odisha has the potential to create approximately 10 lakh new full-time equivalent (FTE) jobs across three green sectors — energy transition, circular economy, and bio-economy and nature-based solutions— and attract INR 3.5 lakh crore (~USD 42 billion) in investments by 2030, reveals a study by the Council on Energy, Environment and Water (CEEW). The study […] Read more
News In Brief Jan 31: Torrent Power, EU’s Cross-Border Energy Infrastructure, Meta, Zelestra Agreement Updated On Fri, Jan 31st, 2025 by Saurenergy Torrent Power Commissions 300 MW Solar Project In Gujarat Torrent Power Limited subsidiary, Torrent Saurya Urja 2 Private Limited (TSU2) has received a certificate from the Gujarat Energy Development Agency certifying the commissioning of a 300 MW solar project w.e.f. December 15, 2024. The Gujarat Energy Development Agency-certified solar power plant has come into full […] Read more
JSW MG Motor Expands Battery Second Life Partnership With Lico Materials Updated On Fri, Jan 31st, 2025 by Saurenergy JSW MG Motor India, in partnership with LICO Materials, a part of Epsilon Group, has unveiled the Battery Energy Storage System (BESS) as part of its ‘Project Revive’. The advanced BESS comprises repurposed MG ZS EV batteries and highlights the carmaker’s commitment of promoting circular EV economy by embracing innovation. Compared to traditional solutions, this […] Read more
Waaree Q3 Results- PAT Grows 260%, 26.5 GW order Book Updated On Fri, Jan 31st, 2025 by Saurenergy India’s largest solar panel maker, Waaree Energies has announced its Q3 results on Jan 30. The Mumbai headquartered firm reported a sharp 260% jump in profit after tax on a Year on year basis, at Rs 506 crores versus 140 crores last year, indicating a significant improvement in margins as well to 14.30% versus 8.52%. […] Read more
NTPC Rolls Out Long Duration CO2 BESS Technology At Kudgi Updated On Thu, Jan 30th, 2025 by Saurenergy Indian power behemoth NTPC has launched CO2 battery energy storage technology. This project is undertaken by the R&D wing of NTPC, i.e., NTPC Energy Technology Research Alliance (NETRA). NETRA would execute the project in collaboration with an India-based industrial steam turbine manufacturer, Triveni Turbine Limited, and Italian company Energy Dome. The CO2 Battery with an […] Read more
India’s EV Market Jumps To 7.4% In 2024: SBI Caps Report Updated On Mon, Jan 27th, 2025 by Saurenergy The evolution of the electric auto industry revolution is in full swing—1 in 4 vehicles sold globally in CY24 was electric, a leap from 1 in 40 just five years ago, finds SBI Caps report. The report accredited this latest growth to lower operating costs, cushioned by tax breaks and subsidies making EVs more accessible […] Read more
IESA Projects $500M Investments in 2025 For Battery, Mobility Startups Updated On Thu, Jan 23rd, 2025 by Saurenergy The India Energy Storage Alliance (IESA) recently organized the Start-Up Connect program during the Bharat Battery Show, part of the Bharat Mobility Global Expo 2025. IESA projects that the industry will attract over $500 million in investments within a year. Several startups, including Polyprotic, Scharge, bridge green UpCycle, Zero footprint, Neuron Energy, Calton Energy, Qmax […] Read more
Solis launches First Hybrid Inverter In India Updated On Wed, Jan 22nd, 2025 by Saurenergy Leading global inverter brand and the No.1 rooftop inverter brand in India, Solis has announced the launch of its groundbreaking Hybrid Inverter series, the Solarator Series. With the launch, Solis completes the missing link in its India portfolio, where a hybrid offering was the only missing element so far. The name Solarator is a blend […] Read more
