Siemens Gamesa Wind Business In India, Sri Lanka Acquired By TPG, Others Updated On Wed, Mar 26th, 2025 by Saurenergy TPG, a leading global alternative asset management firm, and Siemens Gamesa, a wind power subsidiary of Siemens Energy and leading wind turbine manufacturer, have announced they have entered into an agreement, under which TPG will acquire a majority stake in Siemens Gamesa’s onshore wind turbine generator manufacturing business in India and Sri Lanka. The transaction […] Read more
IREDA Raises ₹910.37cr Through Privately Placed Tier-II Bonds Updated On Tue, Mar 25th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has raised ₹910.37 crore through the issuance of Privately Placed Subordinated Tier-II Bonds for a 10-year tenure at an annual coupon rate of 7.74%. The raising of Tier-II Bonds aims to tap liquidity in the current financial market and support the borrowing plan of the company. The funds […] Read more
BattRE Surpasses ₹100 Cr Revenue, Maintains Profitability Updated On Tue, Mar 25th, 2025 by Saurenergy Electric two-wheeler manufacturer BattRE is back on a growth trajectory, reporting an 18% increase in FY24, compared to a 6% decline in FY23. However, its profit remained unchanged during the last fiscal year. BattRE’s revenue from operations increased to Rs 102.5 crore in FY24 from Rs 87 crore in FY23, according to its financial statement […] Read more
Senvion Announces Crossing 1 GW WTG Capacity In India Updated On Tue, Mar 25th, 2025 by Saurenergy Wind turbine manufacturer Senvion today announced crossing 1 GW of wind turbine manufacturing capacity in India. Meanwhile, the firm also announced completing the manufacturing of 500 nacelles from the Baramati (Maharashtra) plant and 500 sets of blades from blade factories in Vadodara (Gujarat) and Tiruchirappalli (Tamil Nadu). “Senvion runs its business with Make in India […] Read more
India Sees Second Largest Rise In Energy Demand Globally: IEA Updated On Tue, Mar 25th, 2025 by Saurenergy A recent report by the International Energy Agency (IEA) highlights that India has become the second-largest contributor to the rise in global energy demand. The report states that India’s energy demand increase surpassed the combined growth of all advanced economies. This comes as global energy demand grew by 2.2% in 2024, exceeding the average growth […] Read more
FY25: India Set To Create New Record In Solar Installations Updated On Mon, Mar 24th, 2025 by Saurenergy The Indian renewable energy market is on track to set a new record in 2024-25 (FY25). According to the latest data from the Central Electricity Authority (CEA), India has already achieved an unprecedented level of solar installations in the first 11 months of this fiscal year. As per CEA’s latest report, India’s solar energy capacity […] Read more
After A Lull, Rotosol To Restart Solar Inverter Business Updated On Fri, Mar 21st, 2025 by Saurenergy Rotosol, a company primarily known for its solar pumps, is set to make a strong comeback in the solar inverter business. The company, with its manufacturing based in Anand, Gujarat, has announced its renewed focus on the residential and commercial & industrial (C&I) rooftop solar segments, with plans to expand into the utility-scale market in […] Read more
India Needs To Invest $600 Bn In Power Sector: Wood Mackenzie Updated On Fri, Mar 21st, 2025 by Saurenergy India is set to become a major player in the global energy markets with a unique growth path, featuring lower energy intensity, a diverse energy mix and increased commodity imports, the latest report from Wood Mackenzie said. The latest Wood Mackenzie’s Horizons report is titled “Eye on the Tiger: How Higher Indian economic growth could […] Read more
COVER STORY: India’s Different Path For Solar Module Manufacturing Updated On Fri, Mar 21st, 2025 by Saurenergy On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […] Read more
