Author: Manish Kumar

IREDA Secures JPY 26 Billion ECB Facility from SBI Tokyo

Indian Renewable Energy Development Agency Limited (IREDA) has signed a Facility Agreement today for raising External Commercial Borrowing (ECB) from SBI, Tokyo Branch for JPY 26 billion, including a Green Shoe Option of JPY 10 billion. This five-year unsecured facility, with bullet payment at maturity, is set to strengthen IREDA’s global market presence. The landed […]

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SASA Plans To Add 600 MW Of TOPCon Module Manufacturing

Gujarat-based solar module manufacturer SASA Energy is gearing up for a significant expansion. The company, which currently has a total of 150 MW of solar module manufacturing capacity, is now adding 600 MW of new capacity. The firm, which is now focussing on mono-PERC, has planned to completely shift its production to TOPCOn with its […]

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Future Solar Plans 4 GW Module Capacity, Eyes Cell Production

Indian solar module manufacturer Future Solar, which started its journey in the market barely a year back, is now planning to diversify its business and augment its capacity. In an interaction with Saur Energy, the management of the firm highlighted the expansion plans of the firm. The Gujarat-based company now has plans to boost its […]

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Waaree Renewable Clinches ₹232.30 Crore Mega Project

Waaree Renewable Technologies, the EPC arm of Waaree Group, has been awarded a Letter of Award (LOA) for the execution of a ground-mounted solar power project with an installed capacity of 170 MW AC / 255 MW DC. The project, valued at approximately ₹232.30 crore, will be executed on a turnkey basis, covering comprehensive Engineering, […]

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MERC Orders MSEDCL to Refund Faulty Open Access Charges

The Maharashtra Electricity Regulatory Commission (MERC) has directed MSEDCL to refund charges incorrectly levied on three solar power generators. The order came to the limelight after three SPVs of Tata Power approached the state power regulator. The petitioners blamed the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for incorrectly levying charges for open-access connections. The […]

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After A Lull, Rotosol To Restart Solar Inverter Business

Rotosol, a company primarily known for its solar pumps, is set to make a strong comeback in the solar inverter business. The company, with its manufacturing based in Anand, Gujarat, has announced its renewed focus on the residential and commercial & industrial (C&I) rooftop solar segments, with plans to expand into the utility-scale market in […]

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COVER STORY: India’s Different Path For Solar Module Manufacturing

On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […]

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Sunora Solar Ventures Into Solar Inverter Manufacturing

Gujarat-based solar module manufacturer Sunora Solar has ventured into solar inverter manufacturing to expand its business verticals. The company’s top management told Saur Energy that this move aligns with its strategy to diversify in response to the rising demand for solar installations. “We have launched our solar inverters in the range of 1 kW to […]

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Luno Renewable to Foray into Cell Manufacturing, Launch IPO

What are the main products Luno Renewable offers for the Indian market? Luno Renewable is now a reputed solar module manufacturer serving a wide range of significant clients. We currently produce Mono-PERC, TOPCon, and HJT-based solar modules, with a 600 MW manufacturing facility located in Haridwar, Uttarakhand. We have planned 100% of our manufacturing facilities […]

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