Telangana Targets 20 GW RE, Storage Capacity Additions By 2030 Updated On Mon, Jan 27th, 2025 by Saurenergy Shortly after releasing its draft renewable energy policy earlier this year, the Telangana government unveiled its official Renewable Energy Policy for 2025. The Telangana Renewable Energy Development Corporation Ltd (TGREDCO), has now issued a policy, setting an ambitious target to boost the state’s renewable energy capacity, aiming for 20 GW of renewable energy and storage […] Read more
Husk Power, Acumen Tie Up To Boost Solar Mini-Grids In Congo Updated On Mon, Jan 27th, 2025 by Saurenergy Husk Power and Acumen today announced $500,000 funding in the form of a grant from Acumen’s Hardest-to-Reach (H2R) initiative to support the company’s entry into the Democratic Republic of Congo (DRC), growing access to decentralized renewable energy solutions in the world’s second-largest population living without access to electricity. Announced at the Mission 300 Africa Energy […] Read more
Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
ALMM: Vikram Solar, Rayzon, Swelect & Others Add New Capacities Updated On Fri, Jan 24th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released its updated Approved List of Models and Manufacturers (ALMM), pegging India’s cumulative enlisted solar module manufacturing capacity at 67.40 GW. New Entrants and Capacity Additions The latest ALMM highlights the addition of new capacities from eight domestic solar module manufacturers, including three new entrants. Notably, […] Read more
Europe: Solar Surpasses Coal With 11% Growth In 2024 Updated On Fri, Jan 24th, 2025 by Saurenergy European Union (EU) in 2024 witnessed an 11% rise in solar-generated electricity overtaking coal which fell below 10%. European Electricity Review by Ember said. The latest review by think tank Ember, identified, a decline in gas generation in the EU for the fifth year in a row, and total fossil generation also fell to a […] Read more
Adani Green Q3 Results- PAT Rises 85% To Rs 474 crore Updated On Fri, Jan 24th, 2025 by Saurenergy Adani Green Energy Ltd (AGEL), the green energy developer arm of the Adani Group declared its financial results for Q3 FY25 on Thursday evening. The firm has posted a strong set of results, posting an over 85 percent rise in consolidated net profit to Rs 474 crore for the December quarter on the back of […] Read more
Solar Manufacturing Firm Karamtara To Issue Rs 1750cr IPO Updated On Thu, Jan 23rd, 2025 by Saurenergy Solar manufacturing company Karamtara Engineering is all set to launch an Initial Public Offering (IPO) worth ₹1,350 crore. The firm plans to enter the Indian stock exchange to expand its business, particularly in the country’s renewable energy sector. The proposed IPO comprises a fresh issue of ₹1,350 crore and an offer for sale (OFS) worth […] Read more
Waaree Commences Commercial Solar Module Production In US Updated On Thu, Jan 23rd, 2025 by Saurenergy Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Ltd has announced the commencement of commercial production of solar modules at its advanced manufacturing facility in Brookshire, Texas. The unit boasts a capacity of 1.6 GW. With the facility now fully operational, Waaree Solar Americas is set to produce solar photovoltaic (PV) modules […] Read more
JinkoSolar Leads PV Module Production, Adani Solar Among Top 10 Updated On Thu, Jan 23rd, 2025 by Saurenergy The latest solar module manufacturing ranking released by Wood Mackenzie confirms that Chinese solar module manufacturer Jinko Solar continues to lead globally. According to the ranking, nine out of the top 13 companies are based in China. From India, Adani Solar was the sole entrant in the top 10 rankings. Some of the leading companies […] Read more