Serentica Clinches $100 mn Loan for BALCO Solar Project Updated On Thu, Jun 5th, 2025 by Saurenergy Serentica Renewables has secured more than USD 100 million in external commercial borrowing (ECB) from Rabobank and Société Générale to develop a 300 MW solar project in Rajasthan that will supply power to Bharat Aluminium Company Ltd (BALCO), a subsidiary of the Vedanta Group. This marks Serentica’s second ECB deal, reinforcing the company’s push to […] Read more
Solar’s Next Big Challenge- Sustainable Growth Updated On Mon, Jun 2nd, 2025 by Saurenergy It has been an abiding mystery how many business journalists, for all the knowledge they collect on their preferred sectors, usually ignore the financials of the firms they track. Relationships with firms, especially if they are not publicly traded, tend to be at an arm’s length, with information supplied on a need-to-know basis. The solar […] Read more
SAEL Gets $132Mn from NDB, AIIB, Others for AP Solar Project Updated On Fri, May 30th, 2025 by Saurenergy SAEL Solar MHP1, a subsidiary of SAEL Industries Ltd., has secured debt finance amounting to US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale. SAEL Solar MHP1 would use the funding to develop a solar power project in Andhra Pradesh. Each institution has committed […] Read more
FY25 Results: Suzlon Revenue Jumps 67% to ₹10,851 Cr Updated On Thu, May 29th, 2025 by Saurenergy Suzlon Group, a wind energy solutions provider, announced its fourth quarter (Q4 FY25) and annual audited results for the financial year 2024-25 (FY25). The company claims to see Highest-ever Performance in 10 years, v/s FY15. Suzlon reported Profit before exceptional items and tax at Rs 1,447 crores. Whereas, its Profit After Tax at Rs 2,072 […] Read more
Saatvik Green Energy Marks 10 Years In India’s Solar Sector Updated On Thu, May 29th, 2025 by Saurenergy Indian solar module manufacturer Saatvik Green Energy Ltd (SGEL) on Wednesday marked its 10th anniversary, highlighting a decade of operations in the country’s clean energy sector. Founded on May 29, 2015, as Saatvik Green Energy Pvt Ltd, the company was incorporated under the Companies Act, 2013. It transitioned to a public limited company in September […] Read more
Koraam New Energie Sees Surge in Solar Pump Installations Updated On Mon, May 26th, 2025 by Saurenergy Koraam New Energie, powered by Gujarat-based Kosol Energie, has recorded a sharp rise in solar water pump installations for fiscal year 2024–25, increasing its footprint in the Indian solar irrigation market. The company secured a major work order under Component B of the PM-KUSUM Scheme, with a total allocation of 5,500 solar pumps valued at […] Read more
Advait, H.G. Infra Sign BESS Deal With GUVNL Backed by VGF Updated On Fri, May 23rd, 2025 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has signed Battery Energy Storage Purchase Agreements (BESPAs) with Gujarat-based Advait Energy and Rajasthan-based H.G. Infra Engineering, following the Gujarat Electricity Regulatory Commission’s (GERC) approval of tariffs discovered through a competitive bidding process for 500 MW/1,000 MWh standalone Battery Energy Storage Systems (BESS) in the state. Under GUVNL’s […] Read more
Senior Engineer – Solar O&M Updated On Thu, May 22nd, 2025 by Saurenergy Major Accountabilities and Duties:- Supervising and verifying preventive maintenance as per schedule for solar power plant equipments e.g. Modules, Inverters. Checking inverters and Strings for faults and related. Rectifications, checking and rectification of defective strings and modules. Supervising any breakdown maintenance. Coordinating with OEMs for spares, AMC, warranty and service requests. Contract Management. […] Read more
5 Reasons For Fall in RE Tenders and Awards in 2025 (And How To Course Correct) Updated On Thu, May 22nd, 2025 by Saurenergy India has long positioned itself as a global leader in renewable energy (RE) growth, driven by ambitious targets, investor interest, and a strong policy push. However, as we step into mid-2025, a worrying trend has emerged. There has been a significant drop in renewable energy tenders and awards, particularly in solar and wind segments. According […] Read more
