Pace Digitek Files ₹900 Cr IPO For Setting Up BESS Project Updated On Thu, Apr 3rd, 2025 by Saurenergy Renewable energy and telecom service provider Pace Digitek Ltd has filed for an initial public offering (IPO) worth ₹900 crore and is considering a pre-IPO placement of up to ₹1,800 million, according to its draft red herring prospectus. The IPO plans follow a string of wins for the firm in recent BESS tenders due from […] Read more
PM-KUSUM: Shakti Pumps Gets Rs. 12.42 Cr Order From MEDA Updated On Thu, Apr 3rd, 2025 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Ltd. announced today that it has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) for the installation of 445 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS). In a regulatory filing, the company said the project will be implemented at various locations across Maharashtra […] Read more
Green Stocks April 3- Stocks Shrug Off Tariff Noise To Enjoy A Breather Updated On Thu, Apr 3rd, 2025 by Saurenergy On a day when the markets struggled to decide just how bad US tariffs on India could be, immediately or in the long term, the immediate consensus seems to be business as usual. Thus, most of our green energy stocks with an overwhelmingly domestic focus did relatively well today, save for Waaree Energies, which is […] Read more
Indian Railways Speeds Up Solar Installs, Lags Broader Targets Updated On Thu, Apr 3rd, 2025 by Saurenergy Indian Railways has so far installed about 209 MW of solar plants on 2,249 Railway stations and service buildings across the country . The Indian Railways Solar Power expansion reached 2,249 installations units with 1489 added in the last five years, 2.3 times more than 628 in the previous five years. Rajasthan Leads in Solar […] Read more
ACME Solar Secures ₹2,491 Cr Refinancing for 490 MW RE Projects Updated On Thu, Apr 3rd, 2025 by Saurenergy ACME Solar Holdings, a unit of the diversified ACME Group, has secured a Rs 2,491 crore long-term project finance facility for 18-20 years. The refinancing will help the company restructure its existing debt and lower financing costs for its 490 MW operational renewable energy projects across Andhra Pradesh, Rajasthan, and Punjab. The refinancing, secured from […] Read more
SPML Infra In Tie-Up With Energy Vault To Make, Deploy Batteries In India Updated On Wed, Apr 2nd, 2025 by Saurenergy New Delhi based SPML Infra Limited has signed a licensing and royalty agreement with leading storage solutions firm Energy Vault. For SPML Infra, with its hitherto specific focus on India’s water and energy infrastructure, the tie-up marks a significant push into the energy infrastructure space, where it has had a small but significant presence until […] Read more
Green Stocks April 2: Stocks Sway To Analyst Views Updated On Wed, Apr 2nd, 2025 by Saurenergy The markets stood up to the threat of US tariffs today, as the details of potential impact will slip in through the evening. However, some of our green stocks, notably two key solar manufacturing firms in the form of Waaree Energies and Premier Energies were tripped up by a report from Bernstein, which predicted margin […] Read more
SECI Invites Bids For Rooftop Solar RESCO Project For Universities Updated On Wed, Apr 2nd, 2025 by Saurenergy SECI is set to power central universities with its 4.5 MW grid-connected rooftop solar projects under the RESCO mode. It has sought bids until May 2, 2025. In its tender, SECI clarified that the Solar Power Developer (SPD) would be required to set up a grid-connected rooftop solar PV (RTSPV) project, with the primary objective […] Read more
SJVN Green’s 1 GW Bikaner Project Starts With First 241 MW Start Updated On Wed, Apr 2nd, 2025 by Saurenergy SJVN Green Energy Limited (SGEL) has completed the trial run of a 241.77 MW capacity solar project in Bikaner, Rajasthan. The company stated in a regulatory filing that this constitutes Phase I of the 1,000 MW Bikaner Solar Power Project, completed on March 31, 2025. The capacity is currently operational and is set to achieve […] Read more
