COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers Updated On Thu, Nov 28th, 2024 by Saurenergy So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […] Read more
News In Brief Nov 27: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract Updated On Wed, Nov 27th, 2024 by Saurenergy Ecofy Partners With Swelect Energy To Increase Rooftop Solar Adoption Across South India Ecofy, India’s green-only NBFC backed by Eversource Capital and committed to financing India’s green transition has announced a partnership with Swelect Energy Systems Limited (formerly known as Numeric Power Systems Limited). This collaboration combines Ecofy’s digital lending expertise with SWELECT’s manufacturing and […] Read more
India’s Rooftop Solar Capacity Crossed 14 GW, Guj Remains Leader Updated On Wed, Nov 20th, 2024 by Saurenergy India’s rooftop solar capacity has touched 14.44 GW by the end of October 2024. The latest data from the Ministry of New and Renewable Energy (MNRE) indicate the growth of the sector. This comes after MNRE’s flagship scheme-PM Surya Ghar was launched, earlier this year. The new scheme aims at boosting the growth of residential […] Read more
MNRE Asks Module Makers To Share DCR Data Since Jan 2024 Updated On Tue, Nov 12th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a new order asking the Indian solar module and cell manufacturers to share the Domestic Content Requirement (DCR)- related data since January 1, 2024. The ministry asked the solar companies to share this data on the DCR verification portal of the National Institute of Solar […] Read more
Servotech Launches Micro & Hybrid Inverter, Solar Pump Controller & More Updated On Mon, Oct 28th, 2024 by Saurenergy Delhi-based Servotech Power Systems Ltd., a renewable energy solutions company, launched a series of new products in a recent ceremony. The company, which has had a strong track record in manufacturing electric vehicle charging stations and equipment is now on an aggressive drive to wider its product offerings. Raman Bhatia, Founder and MD of the […] Read more
Hybrid Inverter Makers Expect Good Days Ahead, Switches To Action Mode Updated On Mon, Oct 28th, 2024 by Saurenergy After the Ministry of New and Renewable Energy (MNRE) clarified the eligibility of hybrid inverters under the PM Surya Ghar scheme, solar inverter manufacturers in India are anticipating increased demand within the residential rooftop segment. Hybrid inverters, traditionally used in remote or weak-grid areas, allow consumers to maximize on-site solar power utilization. By utilizing energy […] Read more
Surged Financial Backing Spurring the Indian RE Growth: Report Updated On Wed, Oct 23rd, 2024 by Saurenergy As the country pushes toward achieving 500 GW of non-fossil fuel energy by 2030, renewable energy now comprises 43.5% of India’s total power capacity, signaling exponential growth for the industry, a latest report from Rubix Data Sciences said. The report offers key insights into the key drivers, emerging trends, and challenges shaping the renewable energy […] Read more
INA Solar Raises Rs. 402 Crore Via Preferential Allotment Of Equity Shares Updated On Wed, Oct 16th, 2024 by Saurenergy Rajasthan-based Insolation Energy Limited (INA Solar), a solar panel manufacturer raised Rs 402 Crores from investors in response for its preferential allotment of equity shares. Chairman Manish Gupta and Managing Director Vikas Jain expressed their gratitude, highlighting that since its inception in 2017, Insolation Energy Limited has established Rajasthan’s one of the largest solar panel […] Read more
India’s Solar Sector Buoyant On New Growth Trajectory Updated On Wed, Oct 9th, 2024 by Saurenergy FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […] Read more
