Bifacial Modules Delivered 32% More Power Than Monofacial: Report Updated On Wed, Feb 19th, 2025 by Saurenergy The latest research report by Enverus found an increase in the average rated power capacity per simulation, which reached 340 MW in Q3 2024. It found that countries like Saudi Arabia, Portugal, Australia, and Brazil recorded the highest average rated power capacity per simulation in 2024, followed by Indonesia, South Africa, Chile, and the US. […] Read more
Madhya Pradesh Allocates Rs. 2 Crore For EV R&D Promotion Updated On Wed, Feb 19th, 2025 by Saurenergy Soon after releasing its draft electric vehicle (EV) policy, the Madhya Pradesh (MP) cabinet has now approved the “Electric Vehicle Policy-2025.” This cabinet approved this policy under the chairmanship of Chief Minister (CM) Yadav. The Cabinet approved the policy to make electric vehicles the primary mode of transportation for the general public in the future. […] Read more
Karnataka Clean Mobility Policy 2025-30 Aims To Attract ₹50,000 Cr Updated On Tue, Feb 18th, 2025 by Saurenergy Karnataka’s Commerce and Industries Department has released the Karnataka Clean Mobility Policy 2025-30 to attract ₹50,000 crore in investments across the entire clean mobility vehicle value chain. The policy aims to generate approximately 100,000 new jobs during the policy period. It further states that Karnataka’s policy and the package of incentives and concessions will come […] Read more
Credit Fair Secures $5 Mn From Symbiotics Investments For Solar Financing Updated On Tue, Feb 18th, 2025 by Saurenergy Credit Fair, a non-banking financial company (NBFC) with its presence in the solar and MSME segments, has raised $5 million in debt from the $75-million Green Basket Bond issued by Symbiotics Investments. The bond, which is the second of its kind, was issued by Symbiotics Investments and subscribed to by British International Investment (BII), the […] Read more
Transition VC Invests $1.7M In Dynolt For Clean Energy Solutions Updated On Tue, Feb 18th, 2025 by Saurenergy Dynolt Technologies, a deep-tech power electronics startup, has secured $1.7 million in a seed funding round led by Transition VC. The round also saw participation from angel investor, Yashovardhan Shah. Founded in 2022 and headquartered in Bengaluru, Dynolt develops power electronics solutions for clean energy sectors such as e-mobility, energy storage, renewables, and hydrogen. Backed […] Read more
EPointZero, TotalEnergies Partner To Support Africa & Asia Market Updated On Tue, Feb 18th, 2025 by Saurenergy Abu Dhabi Future Energy Company PJSC—Masdar, a UAE-based clean energy company, TotalEnergies, and EPointZero, the decarbonization arm of 2PointZero, a global investment platform, signed a Framework for Action (FFA) agreement. This agreement aims to increase access to clean energy in emerging markets and developing economies in Africa and Asia. The agreement follows the UAE President […] Read more
Borosil Renewables Reports Rs. 8.64 Cr Loss in Q3 FY25 Updated On Tue, Feb 18th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables recently announced its financial results for Q3 FY25. The company reported an EBITDA of Rs. 20.89 Cr, a significant decline from Rs. 52.88 Cr in the previous quarter. As a result of the lower EBITDA, Borosil posted a post-tax loss of Rs. 8.64 Cr in Q3 FY25, compared to […] Read more
Govt Amends Bidding Rules, Tightens Default Penalties Updated On Tue, Feb 18th, 2025 by Saurenergy The Ministry of Power (MoP) recently announced a series of amendments to the prescribed guidelines for a tariff-based competitive bidding process. These amendments are meant for the procurement of power from grid-connected solar, wind, and hybrid power projects. The government’s latest notification builds on previous guidelines, including those issued in July 2023 for energy storage projects, in […] Read more
PM KUSUM-C: Madhya Pradesh issues Tender for 1.5 GW Solar PV Updated On Tue, Feb 18th, 2025 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVN) has invited bids to select Renewable Power Generators (RPGs) for developing 1.5 GW of grid-connected solar PV systems. The energy generated from these projects will be sold to MPPMCL under the feeder solarization component of PM-KUSUM-C at various locations in Madhya Pradesh. The deadline for online bid submission […] Read more