Korea Firm OCI To Build 2 GW Cell Manufacturing Plant In US Updated On Fri, Mar 21st, 2025 by Saurenergy Korean chemical industries company OCI Holdings will build a 2GW solar cell production facility in Texas. The Korean firm had closed 2024 with revenues of almost $2.5 billion. With a strong presence in photovoltaic polysilicon manufacturing including plants in Malaysia, the firm is hopeful that its own polysilicon supply chain will provide it a competitive […] Read more
Tata Power Rooftop Solar Crosses 1.5L Installations Updated On Thu, Mar 20th, 2025 by Saurenergy Tata Power Solar Rooftop has surpassed 1,50,000 rooftop solar installations across India. Meanwhile, the total capacity of its rooftop solar installations nationwide has now reached around 3 GW, the company said today. “With a robust presence in 700 + cities, Tata Power Solar Rooftop, a part of Tata Power Renewable Energy Limited (TPREL), remains at […] Read more
Insolation Gets 38.43 MW Solar Projects in Rajasthan for ₹134 Cr Updated On Thu, Mar 20th, 2025 by Saurenergy Jaipur-based Insolation Energy has recently secured a Letter of Intent (LOI) to develop multiple solar projects in its home state of Rajasthan. The company shared the details about the project in a regulatory filing, which stated, “From these three LOIs, Insolation Energy will develop a combined solar power capacity of 38.43 MW. The final levelized […] Read more
Folks Motor Commits ₹500cr For EVs, Aims Local Manufacturing Updated On Thu, Mar 20th, 2025 by Saurenergy Hybrid electric retrofit solutions company Folks Motor has announced a Rs 500 crore capital expenditure (CAPEX) investment over the next five years under the Production Linked Incentive (PLI) scheme. This investment is directed towards developing dedicated EV warehousing industrial parks, strengthening India’s EV supply chain, and addressing the critical challenge of achieving 50% domestic value […] Read more
India’s Power Sector Needs Regulatory Reforms, Says Report Updated On Thu, Mar 20th, 2025 by Saurenergy India’s transition to a cleaner, more sustainable power sector is at a critical juncture, with regulatory challenges, financial constraints and policy uncertainties shaping its trajectory. A new report by Primus Partners, ‘The Intersection of Power Sector Regulation & Sustainability Goals in India’, examines these challenges and proposes a roadmap for achieving India’s ambitious 500 GW […] Read more
Sulfur Battery Tech Startup theion Secures €15 Million Updated On Thu, Mar 20th, 2025 by Saurenergy Germany is moving to the forefront of battery technology, as Berlin-based theion today announced the successful closing of a €15 million Series-A funding round to accelerate the development of its next-generation crystal sulfur batteries. The investment, led by Team Global, with participation from Geschwister Oetker Beteiligungen and Enpal, signals strong confidence in Germany’s ability to […] Read more
Chennai Offers Ideal Access To Southern RE Market: Julian Thomas Updated On Thu, Mar 20th, 2025 by Saurenergy 1. How Informa Markets is planning to boost the growth of the renewable industry through the upcoming RenewX event in Chennai? RenewX Expo has played a significant role in driving the renewable energy industry forward, especially in South India. From 2015 onwards, RenewX Expo is making all possible attempts to support government policy, manufacturers, developers, […] Read more
IREDA Launches First-Ever Perpetual Bonds To Raise ₹1,247 Cr Updated On Thu, Mar 20th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has launched its first-ever issue of Perpetual Bonds for an amount of ₹1,247 crores at an annual coupon rate of 8.40%. This development comes soon after IREDA’s board decided to hike the borrowing limit for FY25 to Rs 29,200 crore from Rs 24,200 crore. IREDA, the Navratna company […] Read more
Budget: Himachal Announces Interest Subsidies For Solar Projects Updated On Thu, Mar 20th, 2025 by Saurenergy The Himachal Pradesh government has now envisioned to become the first green state of India. In its latest budget presented by Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, the CM announced several measures to bolster the growth of solar energy in the state. This included interest subsidies for solar projects up to 1 MW in […] Read more
