Waaree-Backed Solfin Disburses ₹100cr Solar Loans In 9 Months Updated On Thu, May 15th, 2025 by Saurenergy Solfin, a tech-led renewable energy finance platform backed by Waaree Group, has disbursed more than ₹100 crore in solar loans within nine months of launching operations. The milestone follows a ₹100 crore strategic investment from Waaree Sustainable Finance Pvt. Ltd., the financing arm of Waaree Group. Solfin operates as a non-banking financial company (NBFC) and […] Read more
Canadian Solar Beats Q1 Guidance Despite Industry Headwinds Updated On Thu, May 15th, 2025 by Saurenergy Canadian Solar reported better-than-expected first-quarter results for 2025, buoyed by strong module shipments and a record pipeline in energy storage, even as the company posted a net loss due to trade-related costs and declining margins. The company shipped 6.9 GW of solar modules during Q1, up 9.4% year-on-year and exceeding guidance of 6.4–6.7 GW. Revenues […] Read more
GERC Nod For Supply Of Solar Power At Rs 2.55/kw Updated On Thu, May 15th, 2025 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has approved solar power tariffs discovered by Gujarat Urja Vikas Nigam Limited (GUVNL) for the procurement of 1,000 megawatts (MW) of electricity through a competitive bidding process. GUVNL had issued a tender in August 2024 to procure 500 MW of grid-connected solar power, with an option to purchase an […] Read more
Green Stocks May 15: Stocks Consolidate In Positive Market Updated On Thu, May 15th, 2025 by Saurenergy As the large caps finally had their day in the sun, for our green energy pack, it was a time to consolidate gains from yesterday. Thus, other than a Gensol that is purely a speculative stock today, none really ran away with gains, although almost none lost any ground, other than Acme Solar, which had […] Read more
APTEL Clears NTPC of Metering Liability in Solar Project Case Updated On Thu, May 15th, 2025 by Saurenergy The Appellate Tribunal for Electricity (APTEL) in its latest judgement has ruled in favour of NTPC Ltd., overturning a CERC order that had held the state-run energy major responsible for meter sealing in solar power projects, a finding that contributed to delays in project commissioning. In the judgment, APTEL allowed NTPC’s appeal against the Central […] Read more
GoodWe Launches GT Series String Inverters For India C&I Market Updated On Thu, May 15th, 2025 by Saurenergy GoodWe, a global leader in solar inverters and renewable energy solutions, has expanded its product line-up for the commercial and industrial (C&I) sector with the launch of its GT Series String Inverter, delivering over 100kW power rating. The next gen inverter is tailored for businesses aiming to enhance operational efficiency and sustainability, promising significant energy […] Read more
Odisha To Bring New EV Policy Soon, Says Deputy CM Updated On Thu, May 15th, 2025 by Saurenergy Odisha is now all set to formulate its new Electric Vehicle (EV) Policy for the state, Deputy Chief Minister and Energy Minister K.V. Singhdeo said. This comes close to the expiry of its last EV policy in 2026. The state had earlier floated its Odisha Electric Vehicle (EV) Policy in 2021 to spur the growth […] Read more
Senvion India Wins Order From Continuum For Its 4.2M160 WTGs Updated On Thu, May 15th, 2025 by Saurenergy Senvion India has announced the conversion of its previously conditional agreement with Continuum Green Energy for the 4.2M160 wind turbine generator (WTGs). Originally signed in September 2024, the conditional order included 50 confirmed turbines and an additional 50 optional turbines, all of which are now fully committed. The order value for 100 units adds up […] Read more
MNRE Releases Final ALMM Format for Solar Cell Enlistment Updated On Thu, May 15th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued the final application form for the enlistment of solar cell manufacturers under the Approved List of Models and Manufacturers (ALMM). This move follows MNRE’s recent announcement to bring solar cell makers under the purview of the ALMM framework. According to the ministry, the final application […] Read more
