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manufacturing capacity

MNRE to introduce a policy for solar zones in June

Ministry of New and Renewable Energy is gearing up to introduce a policy on solar Zone in June this year. The Solar Zone would be spread over one or more districts of a state. Joint secretary of MNRE , Tarun Kapoor speaking to PTI said “We have been working on a new policy for solar […]

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Yamaha India to Transform its Surajpur Unit with Solar Power

The Japanese automobile major, Yamaha is aiming to consume low energy by opting solar energy as the prime way of energy sustainability. The company has recently announced a 4,000 KW solar power project at its facility in Surajpur, Uttar Pradesh. The Indian body, Yamaha has join forces with solar service provider Amplus Solar for installation, […]

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Goldi Solar To Launch IPO Likely Within 12-15 Months

Indian solar module manufacturer Goldi Solar has planned to launch its Initial Public Offering (IPO) and enter into the Indian Stock Market likely in the next one year. The top management of the firm told Saur Energy that work towards the same has already begun. The Surat-based company is on an expansion spree. It has […]

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Only 30-40% of EV Supply Chain Localized: ICRA

Investment Information and Credit Rating Agency, ICRA found that at present, only 30-40% of the EV supply chain is localized. There has been substantial localization in traction motors, control units, and battery management systems over the years, while battery cells, which constitute 35-40% of a vehicle’s cost, are still entirely imported. The relatively low localization […]

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DhaSh PV Set To Boost Vertical Integration, Diversify Production

Indian solar solutions company Dhash PV is now working towards diversifying its product range for the Indian solar market. The company is now optimistic about the early commencement of its proposed manufacturing unit at Karnataka. Talking exclusively to Saur Energy, Bhupendra Singh Rawat, Chief Executive Officer (CEO) of the company said that the new proposed […]

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Waaree Energies Bags 362.5 MWp Solar Modules Supply Order

Waaree Energies has secured an order to supply solar modules for 362.5 MWp from a renowned customer engaged in the business of owning, developing, and operating renewable power projects in India. The company said in a regulatory filing, the supply of modules is scheduled to commence in FY 2025-26. The order adds to an already bulging […]

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ReNew Q3 Fy 25Results- Income Up 10%, Net Losses Up 20%

ReNew Energy Global Plc (“ReNew”)  announced its unaudited consolidated IFRS results for Q3 FY25 and nine months ended December 31, 2024. Operating Highlights: As of December 31, 2024, the Company’s portfolio consisted of ~17.4 GWs, compared to ~13.8 GWs as of December 31, 2023. The Company’s commissioned capacity has increased 25.5% year-over-year to ~10.7 GWs […]

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Maharashtra: Alpex Solar Wins Rs 45 Crore Order from MSEDCL

Alpex Solar today announced that it has secured a significant order from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). Valued at Rs 45 crore, the order is part of the Magel Tyala Saur Krushi Pump scheme, a key initiative aimed at enhancing agricultural productivity by providing farmers with access to sustainable solar-powered water pumps. As […]

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India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn

Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […]

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