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
Ladakh: Solar-Hydrogen-Microgrid To Supply Power To Indian Army Updated On Wed, Feb 5th, 2025 by Saurenergy Indian power behemoth NTPC and the Indian Army have signed a Power Purchase Agreement (PPA) for the sale of 200 kW renewable energy-RTC (Round The Clock) power from a solar-hydrogen-based microgrid. This project in Chushul (Ladakh) will supply energy for the next 25 years. The agreement was signed by DMR Panda, CGM (NTPC-Hydrogen), and Aditya […] Read more
5 Reasons Why BESS Will Be a Focal Point of Energy Business in 2025 Updated On Wed, Feb 5th, 2025 by Saurenergy Battery Energy Storage Systems (BESS) are a very crucial component of the renewable future that the world envisions. Recent years saw a tremendous increase in renewable energy and with it energy storage solutions, like BESS, emerged as a missing piece of the puzzle in competition against fossil-based power to dominate the energy sector. As a […] Read more
Prozeal Set To Supply 24.40 MWp Solar Power To Aarti Drugs Updated On Tue, Feb 4th, 2025 by Saurenergy Mumbai-based Aarti Drugs has tied up with Prozeal Green Energy to procure solar power through a captive arrangement. The company announced the collaboration in a regulatory filing, stating, “Aarti Drugs, a manufacturer of Active Pharmaceutical Ingredients (APIs) and Pharma Intermediates, has entered into a share subscription and shareholders’ agreement with Prozeal Green Power and Pro-Zeal […] Read more
CERC Adopts Tariff For 600 MW Unsold Energy From SECI Updated On Tue, Feb 4th, 2025 by Saurenergy In a welcome development for SECI (Solar Energy Corporation of India) and related stakeholders, the Central Electricity Regulatory Commission (CERC) agreed to adopt the tariff for the full tranche of 900 MW of capacity, even as SECI has tied up for PPAs and PSAs for just 300 MW at the time of the order. The […] Read more
NVVN Plans To Solarise Multiple DRDO Offices, Issues Tender Updated On Mon, Feb 3rd, 2025 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited has issued multiple tenders to solarise different DRDO premises in India. The latest tenders interestingly mandated the installation of high efficient solar modules for these projects. Most of these tenders have their submission dates between February 15 and February 18. The tender has demanded […] Read more
Module Supply: SECI Awards 400 MWp Module Order to Alpex, Tata Power Solar Updated On Sat, Feb 1st, 2025 by Saurenergy The Solar Energy Corporation of India (SECI) recently announced Alpex Solar and Tata Power Renewable Energy Subsidiary, Tata Power Solar (TP Solar) winners of its 400 Mwp modules tender. The tender intends to supply these solar modules at a Ramagiri project located in Andhra Pradesh. The tender for this project was released in November 2024 […] Read more
BUDGET: FM Proposes Amending Duties For Solar Cells, Modules Updated On Sat, Feb 1st, 2025 by Saurenergy Union Finance Minister Nirmala Sitharaman today presented the Union Budget 2025. Although the minister did not explicitly use the word ‘renewable’ in her speech or announce any scheme or support for the sector exclusively, the finer details of the budget document revealed some changes. The budget documents revealed that the government has decided to amend […] Read more
Self Certification For Solar Inverters Gets Another Extension From MNRE Updated On Fri, Jan 31st, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has extended the self-certification deadline for solar PV inverters above 100 kW. The government’s latest notification extended the rule up to December 31st, 2025. The Central Government issued a “Solar Photovoltaics, Systems, Devices and Components Goods (Requirements for Compulsory Registration) Order, 2017” for six products. It included […] Read more
