SECI Chief R P Gupta Steps Down, Successor Yet To Be Named Updated On Mon, May 12th, 2025 by Saurenergy In a move seen as a surprise by many, the head of India’s top renewable energy impIementing agency, Solar Energy Corporation of India, (SECI), R.P Gupta, has stepped down as the chairman of SECI with immediate effect, as announced by the government on Saturday. Gupta as just a month away from winding up his tenure […] Read more
Borosil Renewables Q4 Results: Revenue Up, Losses Down Updated On Sun, May 11th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables has announced its audited financial results for the quarter (Q4)and year ended March 31, 2025 (FY25). The latest results, submitted by the firm before the stock exchange, reported strong growth in revenues, both on a quarterly and annual basis, but continued to face widening losses amid rising input and […] Read more
Solar Rooftop Firm SolarSquare Records Rs 175 crore Topline In Fy24 Updated On Fri, Feb 21st, 2025 by Saurenergy Rooftop solar solutions provider SolarSquare recorded a 63.5% year-on-year growth in its operating scale, reaching Rs 175 crore in revenue in the last fiscal year. However, this growth came at a high cost, as the company’s losses surged 2.3X in FY24. SolarSquare’s revenue from operations grew to Rs 175 crore in FY24 from Rs 107 […] Read more
Solar Startup Zunroof Struggles To Deliver On Promise Updated On Fri, Aug 25th, 2023 by Saurenergy There were plenty of rooftop solar companies raising capital during the 2016-19 period. However, the fund inflow in such startups slowed down gradually and only a handful of them are in serious business. In fact, recent funding rounds for firms like Solar Square have been built around funding their customers. One early pre-2020 startup is […] Read more
EV Firm Bounce Continues To Search For A Pathway To Success Updated On Fri, Feb 10th, 2023 by Saurenergy Two wheeler EV maker Bounce, which started off in 2019 as a bike rental startup has had a tough run so far. With its bike rental and shared mobility plans repeatedly torpedoed by issues ranging from regulatory to market fit, in Fy 2021, the firm decided to shift to EV manufacturing, adding on Battery Management […] Read more