Year-End Review – Ministry of Power Updated On Mon, Dec 26th, 2016 by Saurenergy In view of the growing need of the Indian Economy, Government of India has embarked upon a massive programme to provide 24×7 power across the country by 2019. After the completion of half of its term, the Government has achieved many important milestones in the Power sector. Special focus has also been given to North East by giving […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more
India’s Solar Boom Is Unique On the Global Stage: Vinay Rustagi Updated On Mon, May 12th, 2025 by Saurenergy Let’s start with a light question. How did you enter the solar industry? After completing my MBA, I specialized in finance and worked in various banks, focusing on project finance for large-scale projects in sectors like telecom, oil and gas, and transport. In 2011, after returning to India from the UK, I took on the […] Read more
Shakti Pumps’ Profit Nearly Triples In FY25, Revenues Up By 84% Updated On Sat, May 10th, 2025 by Saurenergy Indore-based Shakti Pumps (India) Limited, a manufacturer of solar-powered water pumping systems, has reported an outstanding financial performance for the fiscal year ended March 31, 2025. The company registered an 84.3% year-on-year (YoY) growth in annual revenue and nearly tripled its net profit, underscoring strong demand momentum and efficient execution across its operations. Quarterly results […] Read more
Q4 FY25: Power Exchange Liquidity Rises 36%, Electricity Vol to Grow 19% Updated On Mon, May 5th, 2025 by Saurenergy IN an analyst call after its Q4 results , the Indian Energy Exchange (IEX) shared that on the power sector front, electricity consumption during Q4 FY ’24 recorded 415 billion units, which is an increase of 3.7% on a year-on-year basis. States such as UP, Maharashtra, Gujarat, MP, Rajasthan, Karnataka, and Tamil Nadu remained drivers […] Read more
Green Stocks May 2: No Weekend Joy for Most In Green Pack Updated On Fri, May 2nd, 2025 by Saurenergy On a day when the markets see-sawed between cautious optimism and pessimism, only developers saw some joy in the green pack. Perhaps it is a factor of how far they have been beaten down from their highs that drew in bottom fishing, but the picture remained dull for green energy stocks. EPCs like KPI Green […] Read more
Green Stocks April 29: Green Stocks Continue In Twilight Zone Updated On Tue, Apr 29th, 2025 by Saurenergy Red or green. For now, it is none of those two signals for green energy stocks, as most remain rangebound after a slight upward shift over the past week. That explains how Adani Green Energy, despite a fairly healthy set of numbers, corrected a little today, even as no stock made a decisive move in […] 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
With A Focus On Non-DCR Cells, Future Solar Aims 4 GW Capacity Updated On Mon, Apr 28th, 2025 by Saurenergy Indian solar module manufacturer Future Solar is on a fast growth track, with plans to scale its production capacity to 4 GW by July this year. According to Sanket Bhatia, General Manager (GM)-Sales and Marketing at Future Solar, the company is currently operating at 644 MW capacity and is in the process of adding 3.4 […] Read more
