Credit Fair Secures $5 Mn From Symbiotics Investments For Solar Financing Updated On Tue, Feb 18th, 2025 by Saurenergy Credit Fair, a non-banking financial company (NBFC) with its presence in the solar and MSME segments, has raised $5 million in debt from the $75-million Green Basket Bond issued by Symbiotics Investments. The bond, which is the second of its kind, was issued by Symbiotics Investments and subscribed to by British International Investment (BII), the […] Read more
Q3FY25: 10 Major Takeaways From SJVN Investors Call Updated On Tue, Feb 18th, 2025 by Saurenergy SJVN Limited, an Indian Public Sector Enterprise, which was earlier confined to hydroelectric power has now diversified its energy portfolio. The company is now foraying into several new renewable energy projects ranging from floating solar, vanilla solar and other projects. In its latest investors call, the company talked about its performance, challenges and current pace […] Read more
Maharashtra Discom Stumps Consumers Again With Anti-Solar Move In Tariff Proposal Updated On Tue, Feb 18th, 2025 by Saurenergy One of the reasons Maharashtra has been a relative underperformer in Solar has been the approach taken by key discoms in the state, notable the MSEDCL or Maharashtra State Electricity Distribution Company Limited towards the clean source of energy. From earlier efforts to limit net metering, to favouring gross metering, the MSEDCL has usually made […] Read more
MNRE Proposes Separate ALMM For Off-Grid Solar Solutions Updated On Mon, Feb 17th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has proposed a new Approved List of Models and Manufacturers (ALMM) specifically for off-grid solar solutions. As part of this initiative, the ministry plans to lower the threshold efficiency limits for solar modules under ALMM for these applications. It has invited stakeholders to submit their suggestions by […] Read more
Premier Energies Secures Rs. 1,234 Cr Solar Module Supply Orders Updated On Fri, Feb 14th, 2025 by Saurenergy Leading Hyderabad-based solar manufacturer, Premier Energies has received two orders from its existing customers totaling Rs.1234 Crores. The company shared this update in a regulatory filing stating, “The supply of solar modules is scheduled to commence in April 2025.” The Indian solar module and solar cell manufacturer in its latest financial results for the third […] Read more
Prostarm Info Gets In-Principle Approval From SEBI To Launch IPO Updated On Thu, Feb 13th, 2025 by Saurenergy Navi-Mumbai-based pan-Indian power solution products company, Prostarm Info Systems has received in-principle approval from market regulator, Securities Exchange Board of India (SEBI) to launch its initial public offering (IPO). The issue comprises a fresh issue of up to 1,60,00,000 Equity Shares of face value ₹10 each and will be listed on BSE and NSE. Choice […] Read more
Kerala Plans To Take Up Study To Solarise Public Buildings Updated On Tue, Feb 11th, 2025 by Saurenergy The Kerala government has planned to solarise a large number of government buildings. It said that it has plans to solarise public buildings ranging from anganwdi centers to industrial units in the state. This comes at a time when the southern state has planned to become carbon neutral by 2050. The government said that it […] Read more
45% Of Households Benefit From CFA Under PM Surya Ghar: MNRE Updated On Fri, Feb 7th, 2025 by Saurenergy The Union Minister of New and Renewable Energy (MNRE) has shared details of the households that benefitted through the installation of rooftop solar plants. When asked about the number of rooftop solar installations done under the PM Surya Ghar Muft Bijli Yojana (PMSGMBY) till now, the minister stated, “ Under the PM Surya Ghar: Muft […] Read more
Solarium Green IPO Launched- Company Seeks to Raise Rs 105 crore Updated On Thu, Feb 6th, 2025 by Saurenergy Ahmedabad-based Solar EPC and O&M provider Solarium Green Energy has launched its IPO today. The IPO comprises a fresh issue of 54,99,600 Equity Shares of ₹ 10 each at a price band of Rs 181-191. Thus, at the upper end of the price band, the company is looking to raise Rs 105.04 crore. The shares will […] Read more
