India’s Solar Cell Capacity To Cross 50 GW By 2027: Crisil Updated On Thu, Feb 6th, 2025 by Saurenergy India’s solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules, a study by Crisil Ratings said. The expansion will entail a capital expenditure (capex) of Rs 28,000-30,000 […] Read more
APTEL’s Relief To ACME Over COVID-Linked ‘Force Majeure’ Updated On Thu, Feb 6th, 2025 by Saurenergy The Appellate Tribunal For Electricity (APTEL) has now ordered in favour of ACME Heergarh Powertech Private Limited in a case related to force majeure, triggered by the COVID pandemic. The judgment was passed after the petitioner (ACME) approached the apex body by challenging an impugned order, earlier passed by the Maharashtra Electricity Regulatory Commission (MERC). […] Read more
After Tax Credit Aid, US Solar Module Production Rises By 600% Updated On Wed, Feb 5th, 2025 by Saurenergy Solar module manufacturing capacity in the United States (US) rose by around 600% after the federal government’s tax credit support to the industry, a report said. The latest update from the Solar Energy Industries Association (SEIA) said that the tax credit support bolstered the growth of the solar industry in the region significantly. These tax […] Read more
Green Stocks Feb 4: Stocks Rebound Sharply Updated On Tue, Feb 4th, 2025 by Saurenergy As the broader markets heaved a sigh of relief by bouncing back sharply, our green pack had a tough time keeping up. Thus even as most shares rose, many could not quite match the exuberance of the broader markets. That points to a fatigue among investors for the green energy theme, and the focus on […] 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
NVVN Plans To Solarise Multiple DRDO Offices, Issues Tender Updated On Mon, Feb 3rd, 2025 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited has issued multiple tenders to solarise different DRDO premises in India. The latest tenders interestingly mandated the installation of high efficient solar modules for these projects. Most of these tenders have their submission dates between February 15 and February 18. The tender has demanded […] Read more
Budget 2025: Experts Expect Spur In India’s Renewable Growth Updated On Mon, Feb 3rd, 2025 by Saurenergy The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […] Read more
Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push Updated On Sat, Feb 1st, 2025 by Saurenergy The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […] Read more
