RMC Switchgears Gets 50 MW Rooftop Project For Solar Initiatives Updated On Mon, Mar 17th, 2025 by Saurenergy Rajasthan-based RMC Switchgears has received a Letter of Acceptance (LoA) from the Rajasthan Government for a 50 MW rooftop solar project. The installations will be spread across state government buildings in Jaipur and Dausa. Project Scope and Financials Under the contract, RMC Switchgears will be responsible for the design, supply, erection, and commissioning of rooftop […] Read more
AP Offers 25% Subsidy For Solar and Wind Energy Manufacturing Updated On Mon, Mar 17th, 2025 by Saurenergy Andhra Pradesh (AP) has released operational guidelines for implementing its clean energy policy. These guidelines cover key aspects such as approvals, resource allocation, land allotment, incentives, and statutory clearances. To streamline the approval process, NREDCAP will be required to create a Unified/Single Desk Portal. Through this portal, the government can allocate resources and facilitate the […] Read more
Solarium Enters Into 78.4 MW Solar Deal With Citizen, Navitas Updated On Mon, Mar 17th, 2025 by Saurenergy Gujarat-based Solarium Green Energy has entered into two Memorandums of Understanding (MoUs) with solar panel suppliers, Citizen Solar and Navitas Solar. As per the terms of the MoUs, Citizen Solar will supply 53.70 MW of solar panels from March 2025 to September 2025. Concurrently, Navitas Solar will supply an additional 24.70 MW of solar modules […] Read more
Amrut Energy Secures ₹100 Cr From Private Equity Investors Updated On Thu, Mar 13th, 2025 by Saurenergy Amrut Energy Pvt Ltd, a leading manufacturer of solar water pumps and renewable energy solutions from Ahmedabad, has successfully raised ₹100 crores in funding from private equity investors. This investment will propel the company’s rapid growth, expand its manufacturing capabilities, drive research and development, and scale operations across underserved regions. The investment will expand manufacturing […] Read more
Shakti Pump Secures Land To Setup Solar Cell, Module Manufacturing Facility Updated On Thu, Mar 13th, 2025 by Saurenergy Madhya Pradesh-based solar pump company, Shakti Pumps, has recently secured land for setting up a solar cell and PV module manufacturing facility using wafers as input material. The company announced this development in a regulatory filing, stating, “Madhya Pradesh Industrial Development Corporation Limited (MPIDC) has sanctioned 113 acres of land to our wholly owned subsidiary, […] Read more
NTPC Secures Highest VGF Support For CPSU Scheme Updated On Thu, Mar 13th, 2025 by Saurenergy NTPC has emerged as the largest beneficiary of the central government grant under the Central Public Sector Undertaking (CPSU) Scheme Phase-II (Government Producer Scheme). Latest data shared by the government before the Rajya Sabha revealed the levels of allocations given to different CPSUs. The government aids these CPSUs for setting up grid-connected Solar Photovoltaic (PV) […] Read more
Indian Green Stocks March 13- Early Weekend Brings Little Cheer For Green Stocks Updated On Thu, Mar 13th, 2025 by Saurenergy An early close to the markets this week, thanks to Holi on Friday, failed to bring much cheer for our green pack as well. Whule the odd exception like Adani Green, Suzlon or even Shakti Pumps managed to end the day on a positive note, the broader message remained one of caution, and continuing attrition. […] Read more
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
OREDA Issues Tender, Seeking EPC Contractors For PM-KUSUM Updated On Thu, Mar 13th, 2025 by Saurenergy Odisha Renewable Energy Development Agency (OREDA) has issued a tender seeking EPC contractors to take up solarisation works under PM-KUSUM scheme. As per the mandate, the state nodal agency is seeking companies who can take up the works under the Component-A of the central government scheme. The OREDA tender said that the contractors need to […] Read more
