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BluSmart Secures Rs. 200 Cr In Pre-Series B Funding Round

BluSmart, the Gensol backed EV RideHailing service provider recently completed its Pre-Series B funding round, in which the company secured Rs. 200 Crore (USD 24 million). The funding will further assist BluSmart in expanding its EV operations and building EV charging infrastructure in major Indian cities. This new investment round saw participation from new investors […]

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Rooftop Solar: Gujarat, Maha Added Highest Capacities In 7 Months

Months after the launch of the PM Surya Ghar scheme, several states have seen increased installation of rooftop solar systems (RTS). However, the three Indian states seem to have taken the lead in the country with the highest installation share in the country. These include-Gujarat, Maharashtra and Kerala. Government data compared by Saur Energy revealed […]

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As EV Infra Charges Up, Expect EVs To Follow Suit

The recent speed breaker in the sales of Electric Vehicles (EVs) has raised many worries that the industry might be heading for trouble. However, we believe that this temporary blip will soon be a memory as sales pick up again, mainly due to the visible improvements one can expect in EV charging infrastructure, as well […]

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Spanish Rules For Floating Solar Plants Set A New Benchmark

Last week, the Spanish cabinet passed a regulation regarding the installation of floating solar PV (FPV) on reservoirs in the country. In a royal decree to notify the regulations, Spanish Ministry for the Ecological Transition and the Demographic Challenge (MITECO) moved ahead with regulations considered a mix of common sense  and scientifically conservative to allow […]

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IREDA Q1 Results: 32% Revenue Growth, 30% Net Profit Jump

Indian Renewable Energy Development Agency Ltd. (IREDA) announced its audited financial results for the first quarter of fiscal year 2024-25 today. As the largest Pure-Play Green Financing NBFC in the country, IREDA achieved a new industry standard by publishing its Audited Financial Results within only 12 days. IREDA has achieved Profit After Tax of Rs. […]

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India’s Solar Journey: 5 Speed Breakers on the Journey to 100 GW and Beyond

India has enormous solar potential due to its geographical conditions. The country’s total solar energy capacity recently surpassed 85 Gigawatts (GW), which is about 11 percent of its total solar potential of 748 GW, as assessed by the National Institute of Solar Energy (NISE). Ironically, the country had set a target of 100 GW of […]

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Green Stock July 12: Inox Wind Energy Stock Prices Climb 5%

In the stock market today, Inox Wind Energy stock prices climbed 5% along with JSW Energy and SJVN whose stock prices grew 0.12% and 0.57% respectively.  On the other hand, the green stock of other companies faced a downward movement, with the stock price of Shakti Pumps dropping 3.87% followed by  Sterling and Wilson Renewable, […]

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Waaree Subsidiary Indosolar Commences 1.30 GW Solar Module Facility

Indosolar Limited, a subsidiary of Waaree Energies Limited today announced the inauguration of its solar module manufacturing facility in Noida. The company in a media statement today said that with a production capacity of 1.30 GW, this factory marks a milestone in its domestic manufacturing and is expected to accelerate employment opportunities, and contribute towards […]

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Solar Minigrids In UP Set To Expand, Opine Experts 

Leading solar energy companies from Uttar Pradesh claimed that distributed renewable energy (DRE) sources like solar mini grids are set to expand its reach in rural UP and other areas in the coming days. Several mini grid companies operating in UP and industry experts put forth their opinions before a large audience in the recently […]

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