Public Capital and Solar Firms- Made For Each Other? Updated On Mon, Oct 28th, 2024 by Saurenergy What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […] Read more
Green Stock Oct 23: A Day of Respite For Green Stocks Updated On Wed, Oct 23rd, 2024 by Saurenergy After the relentless hammering o the past few sessions, Green energy stocks finally saw sunshine with almost all the stocks ending in the green. The blockbuster success of the Waaree Energies IPO has no doubt reminded investors of the potential and opportunity that continues to exist in the sector, helping many of the beaten down […] Read more
From 100 MW to 1200 MW-Macwin Solar On Expansion Drive Updated On Tue, Oct 22nd, 2024 by Saurenergy In another addition to India’s expanding solar manufacturing infrastructure, Surat-based Macwin Solar Energy has announced the expansion of its solar panel manufacturing capacity, along with the launch of a new high-tech facility. the firm currently has a capacity of 100MW at its 10,000 square feet plant in Surat. Established in 2013 as a textile business […] Read more
INA Solar Raises Rs. 402 Crore Via Preferential Allotment Of Equity Shares Updated On Wed, Oct 16th, 2024 by Saurenergy Rajasthan-based Insolation Energy Limited (INA Solar), a solar panel manufacturer raised Rs 402 Crores from investors in response for its preferential allotment of equity shares. Chairman Manish Gupta and Managing Director Vikas Jain expressed their gratitude, highlighting that since its inception in 2017, Insolation Energy Limited has established Rajasthan’s one of the largest solar panel […] Read more
Waaree Energies Announces Price Band For Its IPO Updated On Wed, Oct 16th, 2024 by Saurenergy Indian solar module manufacturer Waaree Energies has announced the price band for its upcoming Initial Public Offering (IPO) during a press conference in Mumbai. The price range has been set between Rs 1,427 and Rs 1,503 per equity share. The company will offer a minimum lot of nine equity shares, with additional shares available in […] Read more
Govt Should Relax DCR Mandate Temporarily For PM Surya Ghar: IEEFA Updated On Wed, Oct 16th, 2024 by Saurenergy A latest report from the International Energy Economics and Financial Analysis (IEEFA) and JMK Research advocated for temporarily relaxing the mandate of Domestic Content Requirement (DCR) under PM Surya Ghar scheme. The suggestion was one of the key recommendations of the joint report which analysed the performance and challenges under PM Surya Ghar scheme. The […] Read more
ALMM: India’s Enlisted Solar Module Capacity Touches 58 GW Updated On Tue, Oct 15th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest Approved List of Models and Manufacturers (ALMM) revealed that the total enlisted Indian solar module manufacturing capacity touched 58.42 GW. The ministry earlier issued the last ALMM on September 27. In the latest list, the ministry reported an addition of around 2.09 GW of […] Read more
Gautam Solar Eyes IPO Option As It Expands Capacity to 5 GW Updated On Mon, Oct 14th, 2024 by Saurenergy Gautam Solar, one of the oldest and largest solar module manufacturer in North India, has announced more details on its ambitious plan to expand its solar module manufacturing capacity to 5 GW by 2025. This expansion will occur in three phases, with the first phase set for completion in November 2024, followed by the second […] Read more
Exide Industries Invests Rs.100 Cr For Bengaluru’s Lithium-ion Plant Updated On Fri, Oct 11th, 2024 by Saurenergy Kolkata-based battery manufacturing company Exide Industries Limited recently announced infusion of about ₹100 crores into its subsidiary, Exide Energy Solutions Limited (EESL), to manufacture and sell lithium-ion battery cells, modules, and packs. The company has made a total investment of ₹2,852.24 crore. The equity investment in EESL, on a rights basis, aims to fund this […] Read more
