With A Historic Order Book, Suzlon Picks Pace In Executions Updated On Tue, Feb 4th, 2025 by Saurenergy Indian wind turbine manufacturer Suzlon Energy is in high spirits, buoyed by its historic order book. The company claims to have executed a significant quantum of orders in the third quarter (Q3) of FY25. In its latest interaction with investors, the top management briefed them on the company’s financial health and future prospects. JP Chalasani, […] Read more
Q3 Results: Premier Energies Reports 490% Rise In Profits Updated On Tue, Feb 4th, 2025 by Saurenergy Hyderabad-based solar company Premier Energies has now announced the financial results for the third quarter (Q3) of FY25. The Indian solar module and solar cell manufacturer reported a significant rise in profits for the third quarter (Q3) of the financial year 2025 (FY25). This comes close after the entry of the company into the stock market […] Read more
Solex Starts Rectangular TOPCOn Cell-Based Module Production Updated On Mon, Feb 3rd, 2025 by Saurenergy Indian solar module manufacturer Solex Energy Limited has now announced the commissioning of its 800 MW solar module manufacturing line. Equipped with the latest technology, the new line is tailored for mass production of N-Type, rectangular cell Tapi-R series modules ranging from 585 Wp to 625 Wp. This high-speed production line operates 30% faster than […] Read more
GE Vernova Plans $600 Mn Investment To Build US Factories Over Next Two Yrs Updated On Fri, Jan 31st, 2025 by Saurenergy GE Vernova Inc., a US-based energy manufacturer has announced plans to invest nearly $600 million in its US factories and facilities over the next two years to help meet the surging demand worldwide. The new investments – expected to create more than 1,500 new US jobs – will help drive its energy affordability, national security, […] Read more
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 Results: Suzlon’s Profit Rises 91% YoY To Rs. 388 Crore Updated On Wed, Jan 29th, 2025 by Saurenergy Wind energy company Suzlon Group announced its third-quarter results for the financial year 2024-25 (Q3 FY25), ending on December 31, 2024, reporting a 91% increase in revenue to ₹2,969 crore. The company also recorded a 102% rise in EBITDA, reaching ₹500 crore. Its profit after tax (PAT) grew by 91% to ₹388 crore. Additionally, Suzlon […] Read more
Jaipur To Add Another GW Sized Solar Plant, From RMC Switchgears Now Updated On Tue, Jan 28th, 2025 by Saurenergy The Rajasthan-based renewable energy company, RMC Switchgears, recently conducted a Bhoomi Poojan ceremony for its new solar module manufacturing plant in Chaksu, Jaipur. This will be an addition to its existing unit in the region. RMC Switchgear shared, “The company conducted the ‘Bhoomi Poojan Ceremony’ for its new solar module manufacturing plant, with a proposed […] 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
ALMM: Vikram Solar, Rayzon, Swelect & Others Add New Capacities Updated On Fri, Jan 24th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released its updated Approved List of Models and Manufacturers (ALMM), pegging India’s cumulative enlisted solar module manufacturing capacity at 67.40 GW. New Entrants and Capacity Additions The latest ALMM highlights the addition of new capacities from eight domestic solar module manufacturers, including three new entrants. Notably, […] Read more