Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push Updated On Sat, Feb 1st, 2025 by Saurenergy The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […] Read more
French Wafers To Modules Solar Manufacturer Photowatt To Shut down Updated On Fri, Jan 31st, 2025 by Saurenergy Photowatt, one of the few European solar manufacturers that offered solar wafers,cells and modules has been shut down after parent firm EDF Renewables decided to switch off further support for the struggling maker. EDF had acquired Photowatt in 2012. The closure comes at a time when solar manufacturing in Europe is pretty much unviable in […] Read more
As India Goes Past 100 GW Solar Milestone, No Time To Rest Updated On Wed, Jan 29th, 2025 by Saurenergy If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […] Read more
Jaipur To Add Another GW Sized Solar Plant, From RMC Switchgears Now Updated On Tue, Jan 28th, 2025 by Saurenergy The Rajasthan-based renewable energy company, RMC Switchgears, recently conducted a Bhoomi Poojan ceremony for its new solar module manufacturing plant in Chaksu, Jaipur. This will be an addition to its existing unit in the region. RMC Switchgear shared, “The company conducted the ‘Bhoomi Poojan Ceremony’ for its new solar module manufacturing plant, with a proposed […] Read more
GREW Energy Rebrands With Separate Entities for Manufacturing, EPC Updated On Tue, Jan 28th, 2025 by Saurenergy Grew Energy, the flagship company of Ahmedabad based Chiripal Group has announced its strategic evolution into two focused entities GREW Solar and GREW Renewables today. While GREW Solar will concentrate on solar PV module & solar cell manufacturing, GREW Renewables will be dedicated to executing small and large Engineering, Procurement, and Construction projects. This rebranding […] Read more
Tata Power Solar Gets ₹455 Cr Order To Supply 300 MWp Modules To MSPGCL Updated On Tue, Jan 28th, 2025 by Saurenergy Tata Power Solar Limited (TP Solar) a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) has signed a contract with the Maharashtra State Power Generation Company Limited (MSPGCL) to supply 300 MWp of ALMM-certified solar modules for the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 project. The contract is valued at approximately ₹ […] Read more
Global Solar Installations In 2025 To Stagnate At 493 GWdc: Report Updated On Mon, Jan 27th, 2025 by Saurenergy The global solar market continued its growth trend in 2024 to reach 495 GWdc installed capacity, with a 14% increase compared to 2023. A latest Wood Mackenzie report estimates a rise in power demand across regions due to the proliferation of data centers and growing electrification trends. However, the research report also cautions against several […] Read more
ALMM: Vikram Solar, Rayzon, Swelect & Others Add New Capacities Updated On Fri, Jan 24th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released its updated Approved List of Models and Manufacturers (ALMM), pegging India’s cumulative enlisted solar module manufacturing capacity at 67.40 GW. New Entrants and Capacity Additions The latest ALMM highlights the addition of new capacities from eight domestic solar module manufacturers, including three new entrants. Notably, […] Read more
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
