Q1 2025: First Solar Lowers Outlook On Tariff Issues, Cites India Demand Updated On Wed, Apr 30th, 2025 by Saurenergy First Solar Inc. revised its guidance in its Q1 2025 financial results to reflect the expected impact of new tariffs implemented in April 2025. The company reported net sales of $0.8 billion for the quarter ended March 31, down from $1.5 billion in the previous quarter. The decline was primarily attributed to an anticipated seasonal […] Read more
MP Approves 2 GW Solar, 1 GW Storage For Shared Supply With UP Updated On Wed, Apr 30th, 2025 by Saurenergy Madhya Pradesh Chief Minister Mohan Yadav approved setting up a 2,000 MW solar park and a 1,000 MW composite energy storage project at a recent cabinet meeting. The minister said in the statement, “This initiative aims to supply electricity on a complementary basis to both Madhya Pradesh and Uttar Pradesh, as the peak demand periods […] Read more
Novasys Aims At 2.6 GW Of TOPCon Module Capacity By FY26 Updated On Tue, Apr 29th, 2025 by Saurenergy Maharashtra-based solar module manufacturer Novasys is now aiming to scale up its solar module manufacturing with TOPCon technology to 2.6 GW by the end of the financial year 2025-26. The top management of the firm told Saur Energy about its expansion plans, including their preparedness to launch solar cells and IPO (Initial Public Offering). Ashok […] Read more
Farmers Can Book Solar Pumps With Just 10% Payment: Madya Pradesh’s CM Updated On Mon, Apr 28th, 2025 by Saurenergy Madhya Pradesh Chief Minister Mohan Yadav urged farmers to take advantage of the KUSUM-C scheme to install solar pumps and achieve energy self-reliance. In a public message, Yadav said the state government plans to organise fairs across districts in the next eight days to promote modern agricultural practices for farmers’ welfare. The Chief Minister informed […] Read more
NHPC Approves Rs 797 Cr For 1.2 GW Uttar Pradesh’s Solar Park Project Updated On Fri, Apr 25th, 2025 by Saurenergy NHPC’s Board of Directors has approved the development of a 1,200 MW solar park in Uttar Pradesh’s Jalaun district, the company said in an exchange filing. It said the project will involve an estimated investment of Rs 796.96 crore, including interest during construction (IDC) of Rs 42.69 crore. The company will invest Rs 239.09 crore […] Read more
Maharashtra Issues 24 Tenders For Rooftop Solar Projects Updated On Fri, Apr 11th, 2025 by Saurenergy The Maharashtra Energy Development Agency (MEDA) has now issued a total of 24 tenders for solar projects. Most of these projects are rooftop solar projects on government institutions. A few of them are rural solar streetlight projects. Most of these projects have been planned in the Gadchiroli, Nagpur, Chandrapur, Bhandara, and Wardha districts in Maharashtra. […] Read more
What Led to the Surge in REC Purchases by DISCOMs? Updated On Fri, Apr 11th, 2025 by Saurenergy Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […] Read more
PLI Should Be Extended To Agri-Based Manufacturers: ICRIER Updated On Wed, Apr 9th, 2025 by Saurenergy The latest Indian Council for Research on International Economic Relations (ICRIER), report called for extending India’s production-linked incentive (PLI) scheme—currently supporting domestic solar panel manufacturing—to include low-carbon agricultural technologies. These could include livestock feed additives that reduce methane emissions (such as Rumen8) and biofertiliser products, the report added. India’s agriculture sector is vulnerable to climate […] Read more
ACME Targets Rs 10,000cr Revenues From Solar Module, Cell Biz Updated On Mon, Apr 7th, 2025 by Saurenergy ACME Group is aiming to generate Rs 10,000 crore in revenue by 2030 from its solar module and cell manufacturing operations, as part of a broader strategy to diversify beyond renewable energy generation. The Gurgaon-based company has entered the solar equipment manufacturing sector with an investment of Rs 230 crore. Its new module manufacturing facility […] Read more
