Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
Mondragon Assembly to Develop Automated Manufacturing Line for Nithin Sai Renewables Updated On Mon, Jun 19th, 2023 by Saurenergy Mondragon Assembly, a provider of turnkey solar production lines, has received an order from Nithin Sai Renewables Pvt. Ltd., a subsidiary of Nithin Sai Constructions. Under this agreement, Mondragon Assembly claims that it will develop one of the most advanced and largest automated manufacturing lines in South India for Nithin Sai Renewables. The line will […] Read more
At Tata Power AGM, 30 GW Capacity Target For 2027 Firmly in Sight Updated On Fri, Jul 8th, 2022 by Saurenergy On the back of a strong set of results in FY 22, Tata Power Chairman Natarajan Chandrasekaran, iterated the firm’s focus on renewables at the Annual general Meeting of shareholders. Capex of Rs 75,000 crores over the next 5 years in renewables is expected the take the share of renewables to over 60% during the […] Read more
The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses Updated On Wed, Mar 23rd, 2022 by Saurenergy As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […] Read more
Waaree Completes 300 MW Production for US Order Updated On Tue, Jul 27th, 2021 by Saurenergy Waaree Energies Ltd., the over Rs 2000 crore Mumbai-based solar manufacturing firm has completed the production of 300+ MW solar modules for Aquamarine, a 250-MW solar photovoltaic project that is part of the first phase of Westlands Solar Park (WSP) in California’s San Joaquin Valley. WAAREE has provided 385, 390 Wp Mono PERC Solar PV […] Read more
TATA Power’s Q4 FY21 Results: Revenues Jump 50% Updated On Fri, May 14th, 2021 by Saurenergy Mumbai-based electric utility company Tata Power Limited released its financial results for the fourth quarter of FY21 ended March 31, 2021, announcing a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore (Rs 474.70 crore in the year-ago period), due to saving in finance cost offset by an exceptional gain […] Read more
India’s Waaree Opens Franchise in Western African Nation of Guinea Updated On Mon, Oct 26th, 2020 by Saurenergy Waaree Energies, one of India’s largest solar module manufacturers has strengthened its presence in Western African by opening its franchise in Guinea. Waaree Energies, one of India’s largest solar module manufacturers has recently strengthened its presence in the Western part of the African continent by opening its franchise in Conakry, the capital of Guinea. The […] Read more
Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain Updated On Wed, Mar 25th, 2020 by Saurenergy Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […] Read more
Waaree Expands Module Manufacturing Capacity to 2 GW Updated On Tue, Sep 24th, 2019 by Saurenergy With this, it has now upgraded its module production capacity to 5.7 MW per day. With an aim to further expand its wings to achieve higher targets, country’s one of the leading PV module maker and EPC services provider, Waaree Energies has recently expanded its Gujarat based module manufacturing capacity to 2 GW from the […] Read more
