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
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
Credence Gets BIS Certification For 730Wp TOPCon Modules Updated On Thu, Apr 3rd, 2025 by Saurenergy Indian solar module manufacturer Credence Solar has received Bureau of Indian Standards (BIS) certification for its latest 730Wp TOPCon-based solar modules, the company announced in a media statement. With this milestone, Credence Solar joins a select group of Indian manufacturers certified for producing some of the country’s most efficient solar panels. The company told Saur […] Read more
Sarla, Oriana & Pace Digitek Get 350 MWh In Karnataka’s 1 GWh BESS Tender Updated On Thu, Apr 3rd, 2025 by Saurenergy Karnataka Power Transmission Corp Ltd (Kptcl) awarded its 350 MW battery energy storage (BESS) project to three winners namely, Sarla Project Works, Oriana Power, and Pace Digitek. KPTCL released this tender in March this year, 2025 and declared winners within a month, one of the fastest transitions from announcement to results. The bulk power procurer […] 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
CEA Clarifies On New Energy Storage Rule Updated On Wed, Apr 2nd, 2025 by Saurenergy The Ministry of Power (MoP) has amended its provisions to clarify that ongoing government schemes, such as the PM Surya Ghar Muft Bijli Yojana, will continue under their existing rules without new energy storage mandates. It further specified that the energy storage system (ESS) co-location requirement applies only to future solar tenders and not to […] Read more
Coffee Farmers In Ethiopia Now Use Solar Dryers To Boost Output Updated On Tue, Apr 1st, 2025 by Saurenergy Covestro has developed specialized solar dryers made of polycarbonate to assist coffee farmers in Ethiopia during the harvest season. The initiative, launched in collaboration with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, aims to support disadvantaged regions globally with simple, effective technologies. Six solar dryers have been installed in Ethiopia, with the project gaining […] Read more
Smart Meters To Boost Discom Revenue By ₹4L Crore Over 7 Years: CareEdge Updated On Tue, Apr 1st, 2025 by Saurenergy Smart meter deployment which currently stands at 5-6%, needs acceleration in India as it lags behind developed nations like Japan (100%) and the USA (73%), as well as the global average of ~43%, finds a recent CareEdge Report. The study highlighted an urgent need to bridge this gap and enhance energy efficiency. The report highlighted […] Read more
