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Loom Solar Crosses Rs 150 Cr Milestone in Fy24, Profits Spike As Well

Solar energy solutions provider Loom Solar has managed around three-fold growth in its operating revenue during the last fiscal year. Significantly, the Faridabad-based company also tripled its profits in FY24. Loom Solar’s revenue from operations soared by 2.9X to Rs 151.5 crore in the fiscal year ending March 2024 from Rs 53 crore in FY23, […]

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Macwin Solar Aims To Start New TOPCon Module Production From April

Gujarat-based solar company Macwin Solar has now planned to start the production of TOPCon-based solar modules from April of this year, the top management of the company told Saur Energy. In an interaction with Saur Energy, Parth Budheliya, Chief Operating Officer (COO) of the firm, said that the company plans to carve out its own […]

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US Faced $5,720/MWdc/Year Potential Revenue Solar Asset Loss

In 2024, solar assets in the United States faced an average potential revenue loss of $5,720 per MWdc per year, Raptor Maps’ Power Loss dataset revealed. It attributed this to equipment-related underperformance. It said that this marked a 15% increase from 2023 and a 214% surge over the past five years. Raptor Maps’ Power Loss […]

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Startup Focused On Stabilising Solar Heavy Grids Raises $15 Million

Brisbane, Queensland based Australian technology group EcoJoule Energy,  has raised $15 million to power its expansion into the UK, Europe and South East Asia. The battery storage company promises to address the challenges posed by thr addition of solar power through households to the grid with its power management products and software. Founded in 2014 […]

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Yogi Adityanath Inaugurates Avaada’s 1.5 GW Solar Module Facility In Gr. Noida

Chief Minister of Uttar Pradesh, Yogi Adityanath inaugurated Avaada Group’s 1.5 GW Solar Module Manufacturing Gigafactory in Noida. Simultaneously, the foundation stone was laid for Avaada Electro’s ambitious 5 GW Integrated Solar Manufacturing Unit at Ecotech, Greater Noida. These milestone projects reaffirm Uttar Pradesh’s position as a key emerging hub for green energy and industrial growth. Avaada has […]

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₹750 Cr Budget Allocation In J&K Budget To Solarize Govt Buildings

In Jammu and Kashmir’s (J&K) first budget as an elected government in seven years, Chief Minister and Finance Minister Omar Abdullah outlined plans to enhance the state’s solar potential. “We are promoting rooftop solar installations under the PM Surya Ghar Muft Bijli Yojana. The solarization of 22,494 government buildings, with a total capacity of 314 […]

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Lakshadweep Opens Bids For Hybrid Rooftop Solar Project

The Lakshadweep Administration, Union Territory (UT) Kavaratti Electricity Department has invited online bids to develop hybrid rooftop solar power plants with Battery Energy Storage System (BESS).  The last date for bids submission is March 21st, 2025.  The selected bidder will be responsible for, “Supply, Installation, Testing, Commissioning and Operation and Maintenance of 2,107 kW Hybrid […]

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Global Battery Deployment Surges 15%, BESS Gains 55%

2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles  (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […]

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Head – Rooftop Solar

The Head of Rooftop Solar will be responsible for driving strategic growth, managing sales & marketing initiatives, and leading the execution of rooftop solar projects across targeted markets. The role requires a dynamic leader with strong expertise in business development, team management, and customer relationship management. Key Responsibilities:- Strategic Planning & Business Growth:- Develop and […]

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