Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans Updated On Thu, Oct 6th, 2022 by Saurenergy Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […] Read more
Inverter Major Solis Builds On Strong India Performance With REI Presence Updated On Mon, Oct 3rd, 2022 by Saurenergy The Renewable Energy India Expo 2022 (REI 2022) concluded its three-day run in Greater Noida, Uttar Pradesh from September 28 to 30, 2022. For solar Inverter major Solis, which has had a very strong performance in the past few years in the Indian market, it was an opportunity to highlight its technical strength by showcasing […] Read more
REIL Invites Bids for SPV Plant for Residential Sector in Rajasthan Updated On Mon, Sep 26th, 2022 by Saurenergy Rajasthan Electronics & Instruments Ltd (REIL) has invited bids for a tender for the supply of grid-connected SPV plant for the residential sector under MNRE Rooftop Scheme & Government departments in Rajasthan. The last date for submitting the online bid is October 13, 2022, till 4:00 pm. Bids will be opened on October 14, 2022, […] Read more
Sungrow Sets Up World’s Largest BIPV Project in China Updated On Thu, Aug 25th, 2022 by Saurenergy Sungrow, the global leading inverter and energy storage solution supplier, has announced that it has supplied its featured inverter solutions to a 120 MW BIPV (Building Integrated Photovoltaic) plant in Gaoan, Central China’s Jiangxi Province. The project is the world’s largest BIPV project to date and was commissioned for the first phase in June 2022. […] Read more
Tender For 9348 Agricultural Pumps Under KUSUM Yojana in Kerala Updated On Mon, Aug 22nd, 2022 by Saurenergy The Agency for New and Renewable Energy Research and Technology (ANERT) has issued a tender for 9348 Agricultural Pumps solarization (grid-connected) ranging from 2 kW to 150 kW under KUSUM Yojna Component C in the state of Kerala. The last date and time of submission of the tender is September 20, 2022, and the bid […] Read more
Some Reassurance for Industry In Prime Minister’s I-Day Speech Updated On Wed, Aug 17th, 2022 by Saurenergy In his Independence Day speech on August 15, the Prime Minister’s advocacy for energy independence (Energy Self Sufficient Nation) must have been reassuring for industry in India. The stress on energy independence was noticeable as the Prime Minister launched into an exhortation to think big for the country. The announcement, coming at a time of […] Read more
India’s Energy Consumption In July 2022 Rises By 3.8% Updated On Wed, Aug 3rd, 2022 by Saurenergy In July 2022, India witnessed a rise in electricity (energy) consumption by 3.8%. This information was released by the Power Ministry of India. According to the figures, the total power consumption of India in July was 128.38 billion units, which is 3.8% more than the previous year. The amount of power consumed in July 2021 […] Read more
Tata Power, JLL India Come Together For Green Energy Solutions In Realty Space Updated On Tue, Aug 2nd, 2022 by Saurenergy Tata Power has said that it has signed a MoU with JLL India to promote green energy solutions in the realty sector which contributes nearly 40 per cent of all greenhouse gas emissions. The official statement of Tata Power said that JLL, which specializes in real estate and investment management, has a presence in 11 […] Read more
With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues Updated On Tue, Jul 26th, 2022 by Saurenergy One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […] Read more