UPNEDA Issues RFS for SPGs for Solarization of Feeders of 150 MW Cumulative Capacity Updated On Fri, Apr 28th, 2023 by Saurenergy Uttar Pradesh New and Renewable Energy Development Agency, (UPNEDA) has invited online bids from prospective bidders for selection of Solar Power Generators (SPGs) through tariff based competitive bidding for setting up of grid connected solar power plants for solarization of segregated agriculture feeders at distribution substations cumulative capacity of 150 MW for sale of power […] Read more
MNRE Softens, Extends ALMM Compliance Date to October 1, 2022 for Open Access, Net Metering Projects Updated On Tue, Mar 29th, 2022 by Saurenergy In a major effort to reconcile the demands of developers vis a vis domestic manufacturers, the Ministry of New and Renewable Energy (MNRE), in a fresh office memorandum yesterday (March 28), has extended the start date of compliance with ALMM list for all open access and Net metering projects to October 1, 2022, from April […] Read more
Novasys To Supply TOPCon Based Modules From April, IPO Soon Updated On Fri, Feb 21st, 2025 by Saurenergy Maharashtra-based solar module manufacturer Novasys (Nova Solar) has now planned to start supplying TOPCOn solar modules from April of this year. The top management of the company in an interaction with Saur Energy said that it has received the concerned approvals for the same. The firm also announced launching IPO in FY26. “We have launched […] Read more
Government Confirms 25 GW Solar Cell Capacity Among Nine Firms In India Updated On Thu, Feb 13th, 2025 by Saurenergy India at present has around 25 GW of installed solar PV cell manufacturing capacity, according to the Solar PV Manufacturers Associations, the All India Solar Industries Association (AISIA) and the North India Module Manufacturer Association (NIMMA). The data was shared by Pralhad Joshi, the minister of New and Renewable Energy And Consumer Affairs & Food […] Read more
Shakti Pumps Tieups With ReNew For Supply Of DCR Modules Updated On Mon, Feb 3rd, 2025 by Saurenergy Indian solar pump manufacturer Shakti Pumps today announced increasing its capacity to procure additional DCR (Domestic Content Requirement) solar cell-based solar modules. The company today said that it has partnered with ReNew Photovoltaic Private Limited for the same. The company was earlier engaged in partnerships with Indian solar cell makers like Mundra (Adani) Solar and […] 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
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
Shakti Pumps Delivers With 130% Profit Rise in Q3 Fy25 Updated On Mon, Jan 27th, 2025 by Saurenergy Indore based Solar pump leader Shakti Pumps declared its Q3 results on Friday evening. The company reported a 130.09% year-on-year (YoY) jump in net profit at Rs 104 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, the company had posted a net profit of Rs […] Read more
