India’s Enlisted Module Manufacturing Capacity Touches 91 GW Updated On Tue, Jun 10th, 2025 by Saurenergy India’s cumulative enlisted solar module manufacturing capacity has surpassed 90 GW, according to the latest update of the Approved List of Models and Manufacturers (ALMM) released by the Ministry of New and Renewable Energy (MNRE). The updated list reflects the expanding solar module manufacturing landscape in the country. The latest ALMM includes the addition of […] Read more
ACME Solar’s RE Capacity Surpasses 2.8 GW With New Projects Updated On Tue, Jun 10th, 2025 by Saurenergy ACME Solar Holdings Limited has commissioned an additional 75 MW of renewable energy capacity at its Sikar Solar Project in Rajasthan. This adds to the previously commissioned 165 MW at the site, bringing the total operational capacity at the project to 240 MW out of a planned 300 MW. With this addition, ACME Solar’s total […] Read more
Govt Picks 15 States, NTPC To Offer VGF Support For BESS Updated On Tue, Jun 10th, 2025 by Saurenergy The Ministry of Power has approved a ₹5,400 crore ($650 million) viability gap funding (VGF) scheme aimed at accelerating the deployment of Battery Energy Storage Systems (BESS) across the country, according to a latest notification issued by the Ministry of Power. Funded through the Power System Development Fund (PSDF), the scheme will support the development […] Read more
2024: Adani, Jinko Among 10 Firms That Shipped 500 GW Solar Modules Updated On Mon, Jun 9th, 2025 by Saurenergy The world’s top 10 solar photovoltaic (PV) module manufacturers shipped a record 500 gigawatts (GW) of modules in 2024, nearly doubling the previous year’s volume, according to Wood Mackenzie’s new Global Solar Module Manufacturer Rankings 2025 report. Despite this surge in shipments, the leading players collectively reported losses of US$4 billion as revenues declined significantly […] Read more
SPML Infra Gets Land In Maharashtra For BESS Manufacturing Unit Updated On Mon, Jun 9th, 2025 by Saurenergy SPML Infra Limited has secured 99,000 sq. m of land from the Maharashtra Industrial Development Corporation (MIDC) at Supa Parner Industrial Park in Ahmednagar, Maharashtra, the company said in a regulatory filing. The allotment is intended for setting up a Battery Energy Storage System (BESS) manufacturing unit and is subject to the payment of a […] Read more
Green Stocks June 9: Stocks Make Steady Gains On Positive Day Updated On Mon, Jun 9th, 2025 by Saurenergy With the euphoria of the rate cut behind now, markets moved higher today but much more carefully. Our green pack followed the trend, consolidating gains even as some, like Shakti Pumps continued where they left off on Friday, with 6% gains. Key developer stocks like NTPC Green and Tata Power gained on the back of […] Read more
India Emerges As Key Player in Global Energy Investment: IEA Updated On Mon, Jun 9th, 2025 by Saurenergy India’s rapidly evolving energy landscape features prominently in the International Energy Agency’s (IEA) World Energy Investment 2025 report, underscoring the country’s pivotal role in global energy investment trends. India has demonstrated a strong pickup in solar investment in 2024, with renewables expanding rapidly alongside continued coal development. The country approved an additional 15 gigawatts (GW) […] Read more
Hyundai Buys 26% Stake in Fourth Partner’s TN Wind Farm Updated On Mon, Jun 9th, 2025 by Saurenergy Hyundai Motor India has invested ₹16.58 crore as the first tranche to acquire 23,62,638 equity shares in Fourth Partner FPEL TN Wind Farm Private Limited, a special purpose vehicle (SPV) of Fourth Partner Energy. The shares were allotted via private placement on June 6, 2025. Following the infusion, Hyundai now holds a 26.13% stake in […] Read more
US Solar Manufacturing Surges, Legislation Threat Looms Large Updated On Mon, Jun 9th, 2025 by Saurenergy The United States added 8.6 gigawatts (GW) of new solar module manufacturing capacity in the first quarter of 2025, making it one of the strongest quarters for US solar manufacturing growth, according to new data released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. The surge was driven by eight new or expanded […] Read more