Solar Manufacturing Firm Karamtara To Issue Rs 1750cr IPO Updated On Thu, Jan 23rd, 2025 by Saurenergy Solar manufacturing company Karamtara Engineering is all set to launch an Initial Public Offering (IPO) worth ₹1,350 crore. The firm plans to enter the Indian stock exchange to expand its business, particularly in the country’s renewable energy sector. The proposed IPO comprises a fresh issue of ₹1,350 crore and an offer for sale (OFS) worth […] Read more
Waaree Commences Commercial Solar Module Production In US Updated On Thu, Jan 23rd, 2025 by Saurenergy Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Ltd has announced the commencement of commercial production of solar modules at its advanced manufacturing facility in Brookshire, Texas. The unit boasts a capacity of 1.6 GW. With the facility now fully operational, Waaree Solar Americas is set to produce solar photovoltaic (PV) modules […] Read more
Rajasthan: POWERGRID Commissions RE Evacuation Projects Updated On Thu, Jan 23rd, 2025 by Saurenergy POWERGRID Sikar Transmission Limited, a wholly owned subsidiary of Power Grid Corporation of India Ltd (PGCIL) today announced the commissioning its assigned work of augmenting the power evacuation from the solar energy zones of Rajasthan. The project was envisioned to evacuate 8.1 GW of green power from the zones. POWERGRID, in its filing before the […] Read more
News In Brief Jan 23: Nextracker, Saatvik bags EPC Contracts From HPPCL, Jindal Group Updated On Thu, Jan 23rd, 2025 by Saurenergy Saatvik Green Bags Solar EPC Contracts From HPPCL Saatvik Green Energy Limited, a solar EPC solutions provider has been awarded two solar EPC contracts by Himachal Pradesh Power Corporation Limited (HPPCL). The contracts, totaling 23 MW, include an 11 MW solar project in Lamlehri Upperli UNA and a 12 MW solar project in Gondpur Bulla […] Read more
Research Analyst – Gas and LNG Updated On Wed, Jan 22nd, 2025 by Saurenergy Responsibilities:- We are looking for an Analyst to work as part of our Research team covering APAC Gas Markets. Joining our gas and LNG team, you will quickly contribute to our gas research. You will be a key contributor to our regional gas markets team as well as have opportunities to support other regional teams, […] Read more
Green Stocks Jan 22: No Respite For Green Stocks Updated On Wed, Jan 22nd, 2025 by Saurenergy Other than the redoubtable Shakti Pumps, and a little upward move in Borosil Renewables, green stocks continued to seek support as selling pressure continued today. While market watchers attribute the weakness to the host of measures promised and some taken by the new Trump administration, it doesn’t quite explain the weakness in India. The weakness […] Read more
China Adds 277 GW Of New Solar Capacities In CY24 Updated On Wed, Jan 22nd, 2025 by Saurenergy Notwithstanding the global trade challenges of the Chinese solar industry, the country has now created new records in its green energy landscape. As per the latest data furnished by the National Energy Administration (NEA), China’s solar energy capacity has touched 886.67 GW. China’s solar capacity This is far ahead of other nearby countries in Asia […] Read more
Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25 Updated On Wed, Jan 22nd, 2025 by Saurenergy Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […] Read more
Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms Updated On Wed, Jan 22nd, 2025 by Saurenergy Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed the incentives released to Discoms for the financial years FY […] Read more