Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY Updated On Wed, Apr 16th, 2025 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […] Read more
India’s Rooftop Solar Poised To Hit 25-30 GW By FY27: CareEdge Updated On Tue, Apr 15th, 2025 by Saurenergy India’s rooftop solar energy capacity is projected to surge, rising from 17 GW to an estimated 25–30 GW between FY25 and FY27, according to CareEdge Research. With a total renewable capacity of 220 GW as of FY25 and a national target of 300 GW solar capacity by 2030. Rooftop solar, particularly in the Commercial & […] Read more
Accountant Updated On Thu, Apr 10th, 2025 by Saurenergy We are seeking a skilled Accountant (FP&A) to join our team who will have the opportunity to champion our IND Br-Client &Bus Anly- Global Finance Services Division. The incumbent would be supporting Caterpillar PSLD Logistics, a Business Unit of Caterpillar Inc, builds on the global distribution experience of its parent company to help other companies lower distribution costs […] Read more
JSW Acquires 4.7 GW RE Platform From O2 Power For ₹12,468 Cr Updated On Thu, Apr 10th, 2025 by Saurenergy JSW Neo Energy Limited (JSW Neo), a JSW Energy Limited subsidiary, has completed the acquisition of a 4.7 GW renewable energy (RE) platform from O2 Power Pooling Pte. Ltd. (O2 Power), a platform jointly established by global investment organisations EQT & Temasek in 2020. The platform is valued at approximately ₹12,468 crores, after adjustments under […] Read more
Private Sector-led DRE Solutions Need To Triple Investments: ISA Updated On Wed, Apr 9th, 2025 by Saurenergy Ashish Khanna, Director General of the International Solar Alliance (ISA), on Wednesday called for tripling private-sector investments in distributed renewable energy (DRE) solutions, saying such efforts are vital to scale up innovation and access. Speaking at the South Asia Forum for Distributed Energy (SAFDE) 2025 in New Delhi, Khanna said the private sector must lead […] Read more
Chief of Unit, Private Sector Engagement and Resource Mobilisation Updated On Tue, Apr 8th, 2025 by Saurenergy Reporting to the Assistant Director-General (Programs) or a designated officer, this role will lead a team of professionals – International and National Officers. The Chief will lead the engagement with private sector companies and financial sector institutions to provide expert advice, develop policies, seek innovative entrepreneurship and risk mitigation instruments, and lead the resource mobilization […] Read more
Websol Bags 100 MW Mono PERC Solar Cell Order From Luminous Updated On Tue, Apr 8th, 2025 by Saurenergy Websol Energy System Limited, a solar cell and module manufacturer, has signed a purchase agreement with Luminous Power Technologies Private Limited (Luminous). The company secured the order for the supply of 100 MW of Mono PERC Solar Cells. This order is scheduled for delivery between April 2025 and April 2026. The cells, with an expected […] Read more
Govt Expands Transmission Project Area In Bidding Rule Update Updated On Fri, Apr 4th, 2025 by Saurenergy The Ministry of Power (MoP) in its latest bidding rule update has amended norms under its Standard Bidding Documents (SBDs) to streamline the procurement of inter-state transmission services through tariff-based competitive bidding (TBCB). The latest provision aims to expand the area for developing the project to a 5-km radius. The revisions affect the Request for […] Read more
Distributed Solar Startup Aerem Raises Rs 100 Crores Updated On Fri, Apr 4th, 2025 by Saurenergy Aerem, a solar platform dedicated to simplifying solar adoption for businesses and households, has announced that it has secured ₹100 crore in Series A round led by UTEC (University of Tokyo Edge Capital Partners), the Japan-based $700 million venture firm. The funds will drive the company’s expansion across India and enhance its solar financing and marketplace […] Read more
