Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF Updated On Wed, Dec 11th, 2024 by Saurenergy The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […] Read more
Solex Energy Collects Rs. 29 Cr Order From Zodiac Energy Updated On Tue, Dec 10th, 2024 by Saurenergy Gujarat-based solar module company Solex Energy, has announced a work order for Rs. 29,00,82,900 from Gujarat-based Zodiac Energy. This order is expected to be completed within the next 3 months as per the terms of the order. Solex secured an order to supply a 20 MW Solex bifacial perc solar module to the Zodiac energy […] Read more
Waaree Energies Adds 1 GW Module Order Updated On Mon, Dec 9th, 2024 by Saurenergy Waaree Energies Limited, India’s largest solar module manufacturing company with capacity of 13.3 GW announces securing a significant order for the supply of 1 GW of solar modules from a renowned developer. The new order follows the massive success Indian manufacturers are enjoying in the utility scale segment after the new DCR rules came into […] Read more
5 Reasons Solar Customers Await 2025 With Some Trepidation Updated On Fri, Dec 6th, 2024 by Saurenergy 2024 is set to go down as the best year on record for solar in India, with total capacity additions set to cross a record 22 GW during the year. For the financial year (April to March) as well, capacity additions could be even higher, possibly touching 24 GW or more. But behind the record […] Read more
Alpex Solar Aims At Higher Backward Integration Updated On Thu, Dec 5th, 2024 by Saurenergy Public-listed company Alpex Solar is set to strengthen its backward integration strategy. The solar module manufacturer, which began its journey 18 years ago, is now preparing for significant expansion. Currently boasting a solar module manufacturing capacity of 900 MW, Alpex plans to diversify into solar cell manufacturing, aluminum frame production and expand as an Independent […] Read more
Waaree Energies Bags 364 MWp & 160 MWp Module Supply Orders Updated On Mon, Dec 2nd, 2024 by Saurenergy Indian solar module manufacturer Waaree Energies today announced securing orders for module supply totaling 364 MWp and 160 MWp. The firm received these orders from renewable project developers from India. These customers are engaged in the business of owning, developing and operating renewable power projects in India, the firm said. The contracts include the supply […] Read more
Waaree Energies Bags 600 MW Solar Module Order Updated On Tue, Nov 26th, 2024 by Saurenergy Waaree Energies, the module manufacturing arm of the Waaree Group today announced bagging a 600 MW solar module order. The company in its filing before the exchanges informed its investors about the new order. The delivery of these modules is scheduled to begin in FY 2025-26, the firm said. This contract involves the supply of […] Read more
SaurEnergy Explains- The Solar Tender At the Centre of Adani’s US Controversy Updated On Mon, Nov 25th, 2024 by Saurenergy By now, a lot has been written about the charges brought at a US district court against key names in the Adani group, besides Azure power. While those charges will be contested no doubt by the firms as already announced, it is a good time to understand just what tender it was where allegations of […] Read more
Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI Updated On Wed, Nov 20th, 2024 by Saurenergy Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore. […] Read more