Maharashtra Partners With UK To Build Its First 1.2 GW Solar Park Updated On Wed, Jan 29th, 2025 by Saurenergy The Mumbai-based Hazoor Multi Projects Ltd. (HMPL) has forayed into green energy with the development of the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP). This is one of the first solar parks in Maharashtra. Hazoor Multi Projects will develop this project in collaboration with a multinational company from the United Kingdom. This 1.2 GW capacity […] Read more
NHPC REL Issues 24.22 MW Rooftop Solar Tender For Ministries Updated On Wed, Jan 29th, 2025 by Saurenergy NHPC, on behalf of its renewable energy arm NHPC Renewable Energy Limited (NHPC REL), issued a tender to develop a rooftop solar project across various Central Ministries. It’s accepting bids till March 3, 2025. The NHPC REL tender, in its brief scope of work, mentioned: “The solar Photovoltaic (PV) installation at various locations on government […] 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
Q3 FY25: ACME Solar’s PAT Up By 152% YoY, PAT Margin At 28% Updated On Wed, Jan 29th, 2025 by Saurenergy ACME Solar Holdings, in its Q3 FY25 financial results, reported a 152% year-over-year (YoY) increase in Profit After Tax (PAT). It also reported a 632.5% jump in its net profit on a Quarter-On-Quarter (QoQ) basis. The PAT margin reached 28%, while the net debt-to-equity ratio stood at 1.6x. The company’s total revenue increased by 9.9% […] Read more
South America Solar Growth in 2024: Achievements and Challenges Updated On Wed, Jan 29th, 2025 by Saurenergy South America continued its steady solar growth over the last half-decade in particular, and overall renewable energy capacity additions in general, through the year 2024. Brazil remained the biggest market on the Latin American continent, with other nations like Chile, Colombia, and Costa Rica showing diversity in renewable progress. On the other hand, Chile’s massive […] 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
SECI Invites Bids For Solar Projects At Five Locations In RESCO Mode Updated On Tue, Jan 28th, 2025 by Saurenergy SECI recently released a tender to select solar power developers to build 1750 kW Grid-Connected Rooftop Solar PV Projects under RESCO mode. It has sought bids up till 28th February 2025. The project would be located across five locations, Meghalaya, Chandigarh, Bhilai, New Delhi, and Guwahati. The tender mentioned the location and the project below: […] 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
NTPC Invites Bids For 1.2 GW Solar Project With Energy Storage Updated On Tue, Jan 28th, 2025 by Saurenergy NTPC Renewable Energy has issued a tender to select solar power generators for a 1.2 GW solar + BESS project. The project includes a 600 MW/2400 MWh (600 MW × 4 hours) energy storage system (ESS) to be located anywhere in India (SOLAR-ESS-01). NTPC has invited bids until February 27, 2025. The tender stated, “The […] Read more
