Indian Solar Firms Bank On Cricket To Popularise Renewables Updated On Mon, Mar 11th, 2024 by Saurenergy Indian solar industry in the last few months has increased its reliance on cricket to bolster the popularity of renewable energy in the country. With the passage of time, we have seen more solar firms especially the Indian solar module manufacturers jumping onto the bandwagon of using cricketers and the Indian Premier League (IPL) to […] Read more
Solar’s Mass Market Entry-Challenges Ahead Updated On Sat, Mar 2nd, 2024 by Saurenergy The renewable energy sector in India is at the cusp of unprecedented growth and has been fast accelerating. It has crossed the 70,000 MW mark in installed solar power capacity and with the right push from the government in the recently passed Interim budget, the path ahead is promising. Multiple schemes by the government of […] Read more
5 Ways India Defies Global Rules For Solar Success Updated On Mon, Feb 26th, 2024 by Saurenergy At every large renewable energy event today India’s solar success is invariably taken as a given. Be it capacity additions (eventually), or manufacturing prowess (soon, we are told) industry and government in particular has been at pains to stress that it’s all practically ordained. We believe that despite the impressive progress India has made in […] Read more
Local Solar Module Industry To Face Low Import Prices: Borosil’s Kheruka Updated On Tue, Feb 20th, 2024 by Saurenergy The domestic solar module industry will be forced to continue facing ‘unrealistically’ low import prices, said Pradeep M Kheruka, Executive Chairman of Borosil Renewables. Kheruka made these comments during a conference call with institutional investors and analysts which was held on February 08. He further said that the ALMM mechanism remained suspended, keeping the door […] Read more
Selling Solar To India: The 5 Challenges To Overcome Updated On Thu, Feb 15th, 2024 by Saurenergy The solar industry in India is at the cusp of transformation and the statistics show this. The installed solar energy capacity in the country has increased by 30 times in the last 9 years. As of December 2023, it stands at 73.31 GW, making it one of the most viable renewable energy sources to tap. […] Read more
Top 5 Challenges for Solar Financing in India Updated On Mon, Feb 12th, 2024 by Saurenergy While the tide has clearly turned in favour of more and better financing for solar, it’s instructive to understand just why it was not happening till now. We listed down all the top reason cited by financiers, to build this list of top 5. Understanding Solar. A key issue is the limited understanding of solar […] Read more
Solar Finance Startup Metafin Gets $5 Million Funding Updated On Thu, Feb 8th, 2024 by Saurenergy Metafin, a leading cleantech-focused NBFC, has successfully raised $5 million in equity funding, led by Prime Venture Partners and Varanium Capital. This investment backs Metafin’s approach to accelerating rooftop solar adoption and financing in rural India. Metafin plans to utilize funds to expand across states, grow its loan book, enhance its technology and IoT stack, […] Read more
Rooftop Solar: Will PSUs Deliver For PM Suryodaya Yojana? Updated On Wed, Feb 7th, 2024 by Saurenergy The MNRE’s January 25 Office Memorandum, where it allocated states to specific PSUs for pushing the ambitious new Rooftop Solar targets, throws up some very interesting questions. With a target of 10 million households, and upto 3 KW of solar for each, the Pradhan Mantri Suryodaya Yojana is potentially a game changer, offering an opportunity […] Read more
Bihar Pins Hopes On Lakhisarai Solar Project To Increase RE Capacity Updated On Fri, Feb 2nd, 2024 by Saurenergy Bihar, struggling to increase its renewable capacity due to several challenges, has now pinned its hope on the proposed Lakhisarai solar project. The 185 MW solar power project at Kajra in the Lakhisarai district of Bihar will increase the state’s renewable capacity by around 44 percent. As per the latest data from the Central Electricity […] Read more
