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NTPC REL Operationalize 150 MW Gujarat Solar Project

NTPC Renewable Energy Limited (NTPC REL) a wholly owned subsidiary of NTPC Green Energy Limited has successfully declared the commercial operation of the final 60 MW capacity of its 150 MW Gujarat Solar PV Project, marking the full commissioning of the project in Limbdi, Gujarat. This solar venture was awarded under the GUVNL 500 MW […]

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Jindal Poly Films To Acquire Stake In Solar Film Maker Enerlite

Jindal Poly Films Ltd (JPL) will acquire full ownership of Enerlite Solar Films India, a manufacturer of encapsulation films used in photovoltaic (PV) modules, the company said in a regulatory filing on Wednesday. JPL, which currently holds a 33.05% stake in Enerlite, said the firm would become a wholly owned subsidiary following the transaction. The […]

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Cygni Opens 4.8 GWh BESS Gigafactory, To Double Output by 2027

Hyderabad-headquartered Cygni Energy, India’s largest independent energy storage solutions company, has announced the commencement of its Phase-I, fully operational and automated Battery Energy Storage System (BESS) Gigafactory on April 30. Located in E-Mobility Valley, at the Electronics Manufacturing Clusters (EMC) Maheshwaram, Hyderabad, it is also India’s first “Leadership in Energy and Environmental Design” (LEED) qualified […]

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JinkoSolar Swings To Q1 Loss On Lower Shipments, Weak Prices

JinkoSolar Holding Co. reported a sharp drop in first-quarter revenue and swung to a net loss as weak pricing and lower shipments weighed on margins, the company said in its latest financial results. Revenue for the quarter ended March 31 fell 33% sequentially to RMB13.84 billion (US$1.91 billion), down from RMB20.65 billion in Q4 2024 […]

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Swelect To Start Solar Cell Production From 2027: Mirunalini Chellappan

Tamil Nadu-based solar module manufacturer Select Energy Systems is now all set to start the production of solar cells likely in 2027, the top management of the firm told Saur Energy. In an exclusive interview with Saur Energy, Mirunalini Chellappan, Director at the publicly listed company, said that the firm is now taking all decisions […]

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SECI Issues Bids For Procuring 260 MWp Solar Modules

Solar Energy Corporation of India (SECI) has floated a tender for the procurement of domestically manufactured solar modules with a capacity of 260 Wp. These solar solar modules are destined for projects in Badnawar, Dhar district of Madhya Pradesh. The tender mandates the use of domestically produced solar cells. Bids are open until May 20, […]

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Novasys Aims At 2.6 GW Of TOPCon Module Capacity By FY26

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 […]

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Sunora Solar To Foray Into Hybrid Solar Inverter Manufacturing

Surat-based solar module manufacturer Sunora Solar is gearing up to enter the new energy solutions segment with the launch of its own range of hybrid inverters, while also significantly expanding its solar module manufacturing capabilities. Speaking to Saur Energy, Piyush Variya, Managing Director of Sunora Solar, shared that the company is planning to launch its […]

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Troubled REC SiIicon Gets Offer From Hanwha Corporation

Norwegian silicon maker REC Silicon has received a lifeline after years of financial troubles, but not without buyout some controversy. The Korean Hanwha Corporation and Hanwha Solutions, the entities with the highest shareholding in REC Silicon, have offered to buy out all other shareholders at NOK2.2 (US$0.21) per share through a newly established company, Anchor […]

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