Budget 2025: Experts Expect Spur In India’s Renewable Growth Updated On Mon, Feb 3rd, 2025 by Saurenergy The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […] Read more
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
Waaree Q3 Results- PAT Grows 260%, 26.5 GW order Book Updated On Fri, Jan 31st, 2025 by Saurenergy India’s largest solar panel maker, Waaree Energies has announced its Q3 results on Jan 30. The Mumbai headquartered firm reported a sharp 260% jump in profit after tax on a Year on year basis, at Rs 506 crores versus 140 crores last year, indicating a significant improvement in margins as well to 14.30% versus 8.52%. […] Read more
Jupiter To Invest ₹6,500cr For Wafer, Cell & Module Production Updated On Sat, Jan 11th, 2025 by Saurenergy Jupiter International, a manufacturer of photovoltaic solar cells and provider of solar power solutions, will be investing ₹6,500 crore over the next three years, in a step to become a fully integrated solar manufacturing leader. The investment will bolster Jupiter’s position in the solar sector by significantly expanding its capacity across wafer production, solar cell […] Read more
ALMM Update: Waaree Energies Dominates, Tata Power At No.2 Updated On Tue, Jan 7th, 2025 by Saurenergy The latest details furnished by the Approved List of Models and Manufacturers (ALMM) for solar modules by the Ministry of New and Renewable Energy (MNRE) indicated that Waaree Energies continues to dominate the list with the highest capacity. On the other hand, several module manufacturing companies are following up with their increased expansion plans. This […] Read more
H1 2024-25: Insolation Energy Sales Surge 118% To Rs. 928.34 Cr Updated On Mon, Jan 6th, 2025 by Saurenergy Rajasthan-based Solar module manufacturer Insolation Energy, in its consolidated performance update for the nine months ended on 31st December 2024, secured consolidated provisional sales of Rs. 928.34 crores, marking a significant increase from Rs. 482.5 crores during the same period ended 31st December 2023. As a firm listed on the BSE SME board, reporting obligations […] Read more
Tender, Tariff, and Takers: 2024 A Brief Review Updated On Mon, Jan 6th, 2025 by Saurenergy The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […] Read more
The 10 Big Milestones That Will Define India’s RE Sector In 2025 Updated On Thu, Dec 26th, 2024 by Saurenergy The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […] Read more
Wafer Process: Reliance-Backed NexWafe GmbH Announces Breakthrough Updated On Thu, Dec 19th, 2024 by Saurenergy NexWafe GmbH (NexWafe) has announced significant breakthroughs in its solar wafer manufacturing technology. The firm seeks to make ultra-thin, high-efficiency, monocrystalline, low-carbon footprint solar wafers with an energy footprint 40% lower than conventional wafer making. The German company achieved cell efficiencies equivalent to Czochralski (CZ) wafers in a production environment, marking a major milestone. Additionally, […] Read more