Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY Updated On Wed, Apr 16th, 2025 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […] Read more
Emmvee Opens 5th Solar Module Plant, Lifts Capacity To 6.6 GWp Updated On Wed, Apr 16th, 2025 by Saurenergy Indian solar manufacturer Emmvee has opened its fifth module manufacturing facility at Sulibele, near Bengaluru International Airport, adding 2 GWp of photovoltaic (PV) module capacity. With the latest expansion, the company’s total PV module capacity now stands at 6.6 GWp, while solar cell capacity has reached 2.5 GWp. The 400,000-square-foot facility will employ more than […] Read more
BrightNight, Hero Future Energies Inks PPA With NTPC For FDRE Project Updated On Wed, Apr 16th, 2025 by Saurenergy BrightNight has signed a power purchase agreement (PPA) with state-run NTPC to supply 110 MWac of firm and dispatchable renewable energy (FDRE) over 25 years. The company said, “The energy will be delivered from a 350 MWp solar-wind hybrid project integrated with a 100 MWh battery energy storage system in Rajasthan, and connected via the […] Read more
Advait Energy Bags PGVCL’s Power Supply Contracts In Gujarat Updated On Wed, Apr 16th, 2025 by Saurenergy Advait Energy Transitions Ltd (formerly Advait Infratech Ltd) has secured contracts from Paschim Gujarat Vij Company Ltd (PGVCL) for two power supply projects under its System Improvement Scheme, the company said. The company emerged as the lowest bidder (L1) for the projects, which involved the supply, installation, testing, and commissioning of 11 kV medium-voltage covered […] Read more
FY25: Adani Green Energy Operational Capacity Reaches 14.2 GW Updated On Tue, Apr 15th, 2025 by Saurenergy Adani Green Energy Ltd (AGEL) reported a 30% year-on-year increase in operational capacity to 14.2 GW in FY25, with an additional 1 GW nearing completion, the company said in its provisional operational update. The company in a recent update shared, “Adani’s energy sales rose 28% year-on-year to 27,969 million units during the fiscal year, driven […] Read more
BC Jindal Forays Into RE Component Manufacturing With ₹4,000 Cr Investment Updated On Tue, Apr 15th, 2025 by Saurenergy BC Jindal Group has announced its entry into component manufacturing for renewable energy power generation. In the first phase of the project, the group aims to deploy an investment of Rs 4,000 crore to kickstart its renewable energy component manufacturing venture. This phase will include setting up 2 GW of solar cell manufacturing/ solar module […] Read more
Serentica, NTPC Sign PPA To Supply 200 MW FDRE To UP DISCOMs Updated On Tue, Apr 15th, 2025 by Saurenergy Serentica Renewables has signed a power purchase agreement with state-run NTPC Ltd to supply 200 MW of firm and dispatchable renewable energy (FDRE) to Uttar Pradesh’s distribution companies (DISCOMS). The project will combine solar, wind, and battery storage assets across multiple states to deliver on-demand renewable power, particularly during the state’s morning and evening peak […] Read more
SOFAR Debuts On Shenzhen Stock Exchange Updated On Tue, Apr 15th, 2025 by Saurenergy SOFAR, a China-based solar and energy storage solution provider, made its debut on the ChiNext Board of the Shenzhen Stock Exchange (Stock Code: 301658) on April 2. Chairman Xu Tao rang the opening bell in the presence of government officials, partners, and industry stakeholders. The listing marks support the company’s role in China’s “Dual Carbon” […] Read more
Premier Energies, RENA Team Up on N-Type, Tandem Solar Tech Updated On Tue, Apr 15th, 2025 by Saurenergy Premier Energies and Germany’s RENA Technologies GmbH have entered into a technology partnership focused on process innovation for N-Type solar cells and the development of wet chemistry for next-generation tandem solar cell technologies. Premier Energies, an integrated solar cell and module manufacturer, in collaboration with Germany-based RENA Technologies GmbH, combines Premier Energies’ large-scale manufacturing capabilities […] Read more
