Andhra: Nextracker Signs 305 MW Solar Project With ReNew Updated On Fri, May 23rd, 2025 by Saurenergy United States (US)-based solar tracker company Nextracker has recently signed a 305 MW solar project with ReNew Private in Anantapur, India. Nextracker has contracted for over 10 GW of annual manufacturing capacity in India, besides establishing an R&D centre for excellence in Bengaluru. The firm competes with most of its global peers in the Indian […] Read more
ReNew Bags $100 Mn BII Funding For Solar Manufacturing in India Updated On Tue, May 6th, 2025 by Saurenergy Sumant Sinha led ReNew Energy Global Plc has secured an INR 8700 million (US$100 million) investment from British International Investment (“BII”), the UK’s development finance institution and impact investor, to accelerate the growth of its solar manufacturing business in India. The investment will be made in ReNew Photovoltaics Private Limited, ReNew’s dedicated solar manufacturing subsidiary […] Read more
ReNew Inaugurates 1.3 GWp Rajasthan Solar Project Updated On Fri, Apr 18th, 2025 by Saurenergy ReNew, has inaugurated its 1.3 GWp capacity solar project in Jaisalmer, Rajasthan, Unveiled by the Minister of New and Renewable Energy, and Minister of Consumer Affairs, Food and Public Distribution, Pralhad Joshi, in the presence of the Rajasthan Chief Minister, Bhajan Lal Sharma. This project uses 100% Made-by-ReNew solar panels, with 90% manufactured in Rajasthan […] Read more
UPPCL Discovers A Tariff Of Rs 2.56/kwh For 2 GW Solar Project Updated On Fri, Mar 28th, 2025 by Saurenergy Uttar Pradesh Power Corporation Limited (UPPCL) has concluded its 2 GW solar auction, awarding projects to four bidders: ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve. UPPCL released the tender for this project in February 2024 and declared the results after a year. According to the tender results, the lowest […] Read more
ReNew Q3 Fy 25Results- Income Up 10%, Net Losses Up 20% Updated On Wed, Feb 19th, 2025 by Saurenergy ReNew Energy Global Plc (“ReNew”) announced its unaudited consolidated IFRS results for Q3 FY25 and nine months ended December 31, 2024. Operating Highlights: As of December 31, 2024, the Company’s portfolio consisted of ~17.4 GWs, compared to ~13.8 GWs as of December 31, 2023. The Company’s commissioned capacity has increased 25.5% year-over-year to ~10.7 GWs […] Read more
Shakti Pumps Tieups With ReNew For Supply Of DCR Modules Updated On Mon, Feb 3rd, 2025 by Saurenergy Indian solar pump manufacturer Shakti Pumps today announced increasing its capacity to procure additional DCR (Domestic Content Requirement) solar cell-based solar modules. The company today said that it has partnered with ReNew Photovoltaic Private Limited for the same. The company was earlier engaged in partnerships with Indian solar cell makers like Mundra (Adani) Solar and […] Read more
Jaipur To Add Another GW Sized Solar Plant, From RMC Switchgears Now Updated On Tue, Jan 28th, 2025 by Saurenergy The Rajasthan-based renewable energy company, RMC Switchgears, recently conducted a Bhoomi Poojan ceremony for its new solar module manufacturing plant in Chaksu, Jaipur. This will be an addition to its existing unit in the region. RMC Switchgear shared, “The company conducted the ‘Bhoomi Poojan Ceremony’ for its new solar module manufacturing plant, with a proposed […] Read more
Top 5 Solar Energy Markets to Boom in 2025 Updated On Tue, Jan 7th, 2025 by Saurenergy The solar power industry is flourishing globally, but growth potential varies across regions due to diverse influencing factors. Some solar markets are poised to outperform others, driven by favourable conditions already present or anticipated in 2025. The International Energy Agency forecasts that the global RE capacity will increase by over 5,520 GW during 2024-2030, about […] Read more
Winning Bids Cross Rs 3/kWh In SECI’s 1 GW Solar Tender Updated On Thu, Dec 26th, 2024 by Saurenergy In an ominous sign of changing market dynamics, SECI’s 1000 MW Tranche XVIII tender for ISTS connected solar projects has attracted winning bids, all over Rs 3/kWh. The tender, released in September this year, has ReNew Solar Power( 250 MW at Rs 3.04), Acme Solar holdings (300 MW at Rs 3.05) and Adani Green Energy […] Read more