SaurEnergy Explains- The Solar Tender At the Centre of Adani’s US Controversy Updated On Mon, Nov 25th, 2024 by Saurenergy By now, a lot has been written about the charges brought at a US district court against key names in the Adani group, besides Azure power. While those charges will be contested no doubt by the firms as already announced, it is a good time to understand just what tender it was where allegations of […] Read more
Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie Updated On Wed, Nov 20th, 2024 by Saurenergy Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […] Read more
Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI Updated On Wed, Nov 20th, 2024 by Saurenergy Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore. […] Read more
Policy Makers Continue To Trim Solar Export Incentives In China Updated On Mon, Nov 18th, 2024 by Saurenergy China has chosen to include solar PV products in a move to reduce or even cancel an export tax rebate for its domestic firms. While the amount is relatively small, a reduction from 13 to 9 percent, it does send a strong signal that the government is done with incentives for the sector, which is […] Read more
Financial Result: Alpex Solar Reports 265 Crore Revenue In H1 Updated On Thu, Nov 14th, 2024 by Saurenergy Greater Noida-based solar module manufacturer Alpex Solar has reported a total revenue of Rs 265. 66 crore for the half-year (H1) in FY25 ended on September 2024. The company reported a total revenue of Rs 213.07 crore in the H1 of FY24. Thus on a Year-on-Year (YoY) basis, the firm witnessed a rise in its […] Read more
Are Indian Solar Module Makers Ready for ALMM For Solar Cells? Updated On Tue, Nov 12th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in October 2024 released a draft proposal to include domestic solar cell production under its Approved List of Models and Manufacturers (ALMM), inviting responses from industry stakeholders. Soon after the announcement, a number of Indian module makers have announced starting new solar cell lines. However, this […] Read more
Solex Energy Reports 1,698% Surge In PAT In H1 Updated On Tue, Nov 12th, 2024 by Saurenergy Indian solar module manufacturer Solex Energy Limited has now reported a massive surge of 1698% in its net profits in H1 compared to its profits in H1 of FY24. The company has now announced the financial results for H1 and shared details of its incomes, profits and other details. For the first half of the […] Read more
Saatvik Solar Pockets 200 MW Module Order Updated On Mon, Nov 11th, 2024 by Saurenergy Gurugram, Haryana based Saatvik Solar has signed a contract with GH2 Solar to supply 200MW of high-efficiency ‘Mono Perc Bifacial Half Cut’ solar PV modules, rated at 540/550Wp, for use across various solar projects in India. This collaboration, set to commence in January 2025, will span a 12-month period in which Saatvik will ensure the […] Read more
Premier Energies Reports Surge In Profits In Q2 Updated On Fri, Nov 8th, 2024 by Saurenergy Indian solar module and solar cell manufacturer Premier Energies announced its Q2 results for FY25, for the first time after getting listed on the Indian stock exchange. The company, on a consolidated basis, reported an increase in its revenues and net profits on a Year-on-Year (YoY) basis but a dip in its revenue on Quarter-on-Quarter […] Read more