Waaree Energies Acquires Kamath To Scale Transformer Business Updated On Tue, May 20th, 2025 by Saurenergy Mumbai-based Waaree Energies said its Board has approved the acquisition of Kamath Transformers Private Limited, with the transaction expected to be completed in the 2025-26 financial year. In a regulatory filing, Waaree said Kamath Transformers is a “well-established and progressive company in transformer manufacturing,” with revenues of ₹257.3 crore in FY22, ₹544.1 crore in FY23, […] Read more
MERC Clarifies On Rooftop Solar, Open Access Rules Updated On Tue, May 20th, 2025 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has issued key clarifications on rooftop solar and open access energy rules, addressing consumer concerns on banking charges, eligibility, and implementation under recently amended regulations. In an order passed last week, the Maharashtra Electricity Regulatory Commission (MERC) responded to a public interest petition filed by a renewable energy consultant. […] Read more
Global Push for Green Steel Faces Setback as India Bets on Coal Updated On Tue, May 20th, 2025 by Saurenergy India risks undermining global climate targets if it fails to accelerate the shift to cleaner steel production, the Global Energy Monitor (GEM) warned in a report published on Monday. Electric arc furnace (EAF) technology, which produces lower emissions than traditional coal-based methods, is expected to account for 36 percent of global steelmaking capacity by 2030 […] Read more
CIL Floats EOI Seeking Buyers For Its Proposed 4.5 GW RE Power Updated On Tue, May 20th, 2025 by Saurenergy Coal India Limited (CIL), the world’s largest coal producer and a ‘Maharatna’ enterprise under the Ministry of Coal, Government of India, has announced its ambitious foray into renewable energy with plans to develop 4.5 GW of capacity across India. The state-run mining giant, headquartered in Kolkata, is looking to transform its energy portfolio by tapping […] Read more
RenewSys To Accelerate Encapsulant Expansion to 30 GW Updated On Tue, May 20th, 2025 by Saurenergy In a major move to strengthen its manufacturing capabilities, RenewSys, India’s first integrated manufacturer of solar PV modules and their key components, has announced the addition of eight new encapsulant manufacturing lines at its recently commissioned Khopoli facility. This capacity expansion is aimed at addressing the rapidly increasing demand for high-performance encapsulants in the Indian […] Read more
Rajat Kumar Singh Joins Acme Solar As Its New Group CFO Updated On Tue, May 20th, 2025 by Saurenergy Acme Solar has appointed Rajat Kumar Singh as its Group Chief Financial Officer (CFO). He has also been designated as a Key Managerial Personnel (KMP) and Senior Management Personnel (SMP), the company said in a regulatory filing. Sharing Singh’s brief educational background, Acme Solar said, “Rajat Kumar Singh holds a bachelor’s degree in technology (Chemical […] Read more
FY25: Premier Energies Reports Four-Fold Increase In Profits Updated On Tue, May 20th, 2025 by Saurenergy Premier Energies, the Hyderabad-based solar module and solar cell manufacturer, has announced its financial results for Q4 of FY25 and the annual results for FY25. The firm, which forayed into the stock market last year, reported a 167 percent year-on-year (YoY) rise in net profit for the fourth quarter (Q4) of fiscal year 2024–25, driven […] Read more
Acme Solar FY25 Results- Profits Up 130.7% As Margins Double Updated On Tue, May 20th, 2025 by Saurenergy Renewable energy developer and EPC firm Acme Solar has reported its Q4, and full year results for FY25. Key Highlights: 1,200 MW solar projects commissioned during the year; Additional 165 MW solar capacity commissioned in May’25, ▲ 9% from FY24 1,900 MW projects won during the year, resulting in a total portfolio of 6,970 MW […] Read more
MP: Powergrid Floats 20 MWh BESS Tender At Solar Plant Updated On Mon, May 19th, 2025 by Saurenergy State-run Powergrid Corporation of India has issued a tender for the development of a Battery Energy Storage System (BESS), designated as Package BESS-01. The 20 MWh (5 MWh x 4 hours) system will be co-located with an existing 85 MW solar PV plant at Nagda, Ujjain, Madhya Pradesh. Bids are invited until June 16, 2025. […] Read more
