Power Minister Launches National Electricity Plan (Transmission) Updated On Mon, Oct 14th, 2024 by Saurenergy Union Power minister Manohar Lal Khattar today launched the Nation Electricity Plan (Transmission), prepared by the Central Electricity Authority (CEA). The central agency with the aim of transmitting of 500 GW of renewable energy installed capacity by the year 2030 and over 600 GW of renewable energy installed capacity by the year 2032 had earlier […] Read more
Saatvik Solar’s Module Orderbook Swells By 200 MW With Mahagenco ORder Updated On Mon, Oct 14th, 2024 by Saurenergy Saatvik Green Energy Limited, has announced that it has won a contract with Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of its cutting-edge N-TOPCon 580Wp modules to various locations across Maharashtra. The total value of the order is estimated to be ₹302 crore. MAHAGENCO is one of India’s largest power generation […] Read more
Wave Solar Inverters Seeks A Place In The Sun Updated On Fri, Oct 11th, 2024 by Saurenergy India’s solar push, and now boom, has been through multiple cycles already, but perhaps none more important than the one post 2020. That is the period when both the government, and other stakeholders finally realised that business as usual was not going to help achieve the lofty 500 GW renewables target, with solar accounting for […] Read more
H1 Update: Adani Green Increases Its Capacity Upto 11.20 GW Updated On Fri, Oct 11th, 2024 by Saurenergy Adani Green, the project developer company of the Adani Group today revealed that its operational capacity has progressed from 8.31 GW (H1 of FY24) to 11.20 GW in H1 of 2024-25. Its current capacity comprises 2,418 MW of solar and 450 MW of wind power plants. The port-to-airport conglomerate has increased its presence in the […] Read more
Q2 Results: IREDA Reports 36% Jump In Net Profits Updated On Fri, Oct 11th, 2024 by Saurenergy The Indian Renewable Energy Development Agency Limited (IREDA) has announced its financial results for the second quarter (Q2) of FY25, showing growth in both revenue and net profits on a quarterly and annual basis. The company reported total revenue of Rs 1,629.54 crore in Q2 FY25, compared to Rs 1,510.27 crore in Q1 FY25 and […] Read more
iRasus Technologies Raises Over Rs. 4cr In Seed Round Updated On Wed, Oct 9th, 2024 by Saurenergy iRasus Technologies, an analytics and intelligence provider on battery data for users in the electric mobility and stationary battery storage solutions raised over Rs. 4 crores in its seed round. It has raised the funding in its seed round from IAN Group and others to provide data intelligence and generate insights on battery storage solutions […] 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
IFC Partners, Axis Bank Partner To Provide $500 Mn Loan In India Updated On Tue, Oct 8th, 2024 by Saurenergy The International Finance Corporation (IFC), is making its first blue investment in India in partnership with Axis Bank. IFC entered this partnership with the private sector banks in India to provide a $500 million loan. This initiative also supports the company’s plan to develop a blue finance market and scale up financing of green projects […] Read more
India’s Clean Tech Capacity To Rise Significantly By 2030: S&P Report Updated On Mon, Oct 7th, 2024 by Saurenergy According to Clean Energy Technology research team at S&P Global Commodity Insights, India has introduced various initiatives to enhance domestic manufacturing, aiming to minimize reliance on imported goods and bolster local manufacturing. With these supportive strategies, India’s clean energy technology capacity is projected to rise significantly by 2030, aiming for full self-sufficiency in solar PV […] Read more