India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24 Updated On Wed, Apr 10th, 2024 by Saurenergy India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […] Read more
FIMER’s Made In India Inverters Shine In Key Indian PV Projects: KN Sreevatsa, MD Updated On Tue, Apr 9th, 2024 by Saurenergy 1.How was the year 2023 for FIMER in India In 2023, FIMER achieved a groundbreaking feat by securing its first major order of the year — a substantial 2.45 GW contract from a single client at a specific location in India. This was particularly significant as it involved the successful conclusion of the NTPC Phase […] Read more
AutoNxt Automation Secures Pre-Series A Funding From Saama Updated On Tue, Apr 9th, 2024 by Saurenergy AutoNxt Automation, a technology start-up building high-torque electric powertrains and off-road autonomous technologies, announced the successful closure of its Pre-Series A round of funding led by Saama. Amit Singhal, the former head of Google’s search division, Suveer Sinha, India Head for KKR Capstone, Bluehill Capital, Keiretsu Forum, Soonicorn Ventures, and other marquee investors participated in […] Read more
West Bengal Thermal Power Plant To Produce Solar From Multiple Sources Updated On Tue, Apr 9th, 2024 by Saurenergy West Bengal-based Sagardighi Thermal Power Plant (TPP) is now all set to produce solar power from different sources to send it to the local grid. The TPP situated at Murshidabad has established a 10 MW grid-connected ground-mounted solar plant and a 5 MW grid-connected floating solar plant for the same. The power plant has now […] Read more
GERC Imposes Additional Surcharge Of Rs 1/Kwh For Open Access Consumers Updated On Tue, Apr 9th, 2024 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) in its latest notification proposed imposing an additional surcharge for open access consumers in the state. The state electricity regulatory body proposed imposing an additional surcharge at the rate of Re 1 per Kwh. The GERC order said that the additional surcharge for these consumers would be applicable between […] Read more
Vikram Solar Appoints Narayan Lodha As Chief Financial Officer Updated On Mon, Apr 8th, 2024 by Saurenergy Vikram Solar, an Indian solar module manufacturer today announced an addition to its leadership team. The company announced the appointment of Narayan Lodha as its Chief Financial Officer. “Lodha’s appointment is a testament to our strategic vision for scaling operations and pioneering state-of-the-art solutions in both established and emerging markets, particularly in the field of […] Read more
As Govt Reimposes ALMM, New Challenges Emerge For Solar Industry Updated On Mon, Apr 8th, 2024 by Saurenergy Approved List of Module Manufacturers (ALMM) reimposition in India by the Ministry of New and Renewable Energy (MNRE) has led to speculations in the solar industry ranging from solar module manufacturers, and developers to other stakeholders. The ministry had earlier kept it in abysence for a few years to allow the domestic solar market to […] Read more
45 Firms Now Manufacture Smart Electricity Meters For India, Reveals CEA Updated On Mon, Apr 8th, 2024 by Saurenergy The Central Electricity Authority (CEA) has now issued a list of smart meter and net meter providers in the country. CEA is a constituent body of the Ministry of Power. The CEA list indicated that a total of 45 companies provide smart electricity meters for India. On the other hand a total of 12 companies […] Read more
Microtek Expects 20%-40% Market Share Under PM Surya Ghar Updated On Fri, Apr 5th, 2024 by Saurenergy Indian solar inverter manufacturer Microtek has now pinned high hopes from the recently launched PM Surya Ghar: Muft Bijli Yojana. The firm which manufactures grid-connected solar inverters in the range from 1 kW to 100 kW sees a vault of new opportunities with the new scheme dedicated to the residential rooftop solar segment. In a […] Read more
