Gensol Engineering Announces Plan To Raise Rs 600cr Updated On Thu, Mar 13th, 2025 by Saurenergy Gensol Engineering Limited, which has seen over half its market cap degrade over the past month today announced that its Board of Directors has approved fund-raising initiatives amounting to Rs 600 crore aimed at significantly enhancing its financial standing. The solar player has defaulted on debt payments, and faces a liquidity squeeze primarily due to […] Read more
News In Brief March 13: JSW Neo Energy, REC-Kerala MoU, Magenta’s NorMinc Updated On Thu, Mar 13th, 2025 by Saurenergy JSW Neo Energy Acquires Virya Infrapower Signs Agreement JSW Neo Energy Limited (JSWNEL), a subsidiary of JSW Energy, has entered into a Share Purchase Agreement with Virya Infrapower. Under the agreement, JSW Neo Energy would acquire 100% shares of Virya Infrapower Private Limited, i.e., the target company. Consequently, Virya Infrapower Private Limited has become […] Read more
NTPC Completes Final Part of 105 MW Shajapur Solar Project Updated On Thu, Mar 13th, 2025 by Saurenergy NTPC Green has commissioned a 50 MW unit of Shajapur solar project in Madhya Pradesh, taking the group’s total installed and commercial capacity to 77,461.50 MW, according to the in a BSE filing on Wednesday. “Second and last part capacity of 50 MW out of 105 MW Shajapur Solar Project (Unit-I) in Shajapur Solar Park, […] Read more
Researchers Find New Way To Boost Solar Cell Efficiency by 35% Updated On Thu, Mar 13th, 2025 by Saurenergy Scientists at the University of Oulu, Finland have hinted at new ways to boost the efficiencies of solar cells. The recent findings by the researchers were published in the Advanced Electronic Materials journal. Their latest study advances in understanding the photovoltaic effect in ferroelectric crystals. The research talks about improving the electric output of the […] Read more
Europe’s Big Battery Hope NorthVolt Files for Bankruptcy Formally Updated On Thu, Mar 13th, 2025 by Saurenergy Northvolt, the Sweden based battery maker that many in Europe saw as a future champion, has filed for bankruptcy in Sweden on Wednesday. Northvolt has reportedly raised has raised more than $14 billion, which clearly wasn’t managed too well, as the firm’s bankruptcy filing in the US in November last year demonstrated. “Northvolt has experienced […] Read more
Fraunhofer ISE Flags ‘Overstatement’ Of Output Claims By Module Manufacturers Updated On Thu, Mar 13th, 2025 by Saurenergy A research team from the Fraunhofer Institute for Solar Energy Systems ISE has evaluated over 70,000 power measurements on photovoltaic modules that have been carried out in the institute’s calibration laboratory, CalLab PV Modules, since 2012. In the process, the researchers found that since around 2017, the negative discrepancy between the performance data of the […] Read more
Green Stocks Mar 12: Less Red, More Green By Holi perhaps? Updated On Wed, Mar 12th, 2025 by Saurenergy Even as markets mostly stayed in the red, there was a splash of green on our pack today, as most stocks made up for a disappointing day yesterday. Leading the way were the larger developers Adani Green and NTPC Green, the former buoyed by news of another 250 MW of commissioning in Kadapa, Andhra Pradesh. […] Read more
SWELECT Energy Secures 150 MW Module Order, Rises ₹290cr Updated On Wed, Mar 12th, 2025 by Saurenergy Solar energy company SWELECT Energy Systems Ltd today announced securing orders of over 150 MW for its TOPCon Bi-facial solar PV modules. Additionally, SWELECT Group has successfully raised ₹290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited, the company said. This move, secured against a portion of its Solar […] Read more