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
News In Brief: Sunsure Solar Project Win, LivFast Inverter & Others Updated On Mon, Jan 27th, 2025 by Saurenergy LivFast Launches Smart Wi-Fi Inverters With MS Dhoni Livfast, an energy storage solutions brand under the SAR Group, has unveiled its latest TVC featuring cricketer MS Dhoni: Smarter Hai to Hai. The TVC highlights Livfast’s smart inverter technology, underscoring the brand’s commitment to innovation and customer-centric solutions. The TVC portrays Dhoni’s characteristic resilience and focus, […] Read more
Husk Power, Acumen Tie Up To Boost Solar Mini-Grids In Congo Updated On Mon, Jan 27th, 2025 by Saurenergy Husk Power and Acumen today announced $500,000 funding in the form of a grant from Acumen’s Hardest-to-Reach (H2R) initiative to support the company’s entry into the Democratic Republic of Congo (DRC), growing access to decentralized renewable energy solutions in the world’s second-largest population living without access to electricity. Announced at the Mission 300 Africa Energy […] 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
JinkoSolar Leads PV Module Production, Adani Solar Among Top 10 Updated On Thu, Jan 23rd, 2025 by Saurenergy The latest solar module manufacturing ranking released by Wood Mackenzie confirms that Chinese solar module manufacturer Jinko Solar continues to lead globally. According to the ranking, nine out of the top 13 companies are based in China. From India, Adani Solar was the sole entrant in the top 10 rankings. Some of the leading companies […] Read more
Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms Updated On Wed, Jan 22nd, 2025 by Saurenergy Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed the incentives released to Discoms for the financial years FY […] Read more
Trinasolar Powers AstraZeneca, Installs Solar Carpark Rooftop Updated On Tue, Jan 21st, 2025 by Saurenergy Trinasolar, a smart PV and energy storage provider partnered with Smart Commercial Solar to deliver an advanced solar panel installation for AstraZeneca’s new rooftop car park. This solar park is located at its Macquarie Park manufacturing complex. The Macquarie Park development features 1,092 Trinasolar modules, generating approximately 911 MWh annually. The project enables solar energy […] Read more
Himachal Pradesh: Dharamshala Gets Its First Solar Project Updated On Mon, Jan 20th, 2025 by Saurenergy Himachal Pradesh (HP) Chief Minister Thakur Sukhvinder Singh Sukhu recently inaugurated its first solar power project 750 kilowatts at Dharamshala in Kangra district. The solar project was built at Rs. 4.74 crore and spans 8,500 square meters of land. The project would generate approximately 2,000 units of electricity daily, yielding a monthly income of Rs. […] Read more
