India Opens Portal for SPMPCI -An Electric Car Manufacturing Scheme Updated On Tue, Jun 24th, 2025 by Saurenergy The Government of India has officially launched the application portal for its flagship electric mobility initiative, the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMPCI). The scheme aims to attract global and domestic auto manufacturers to invest in EV production facilities in India while allowing limited imports of high-end electric cars at […] Read more
Fibe Brings Rooftop Solar Financing To Spread Green Energy Access Updated On Tue, Jun 24th, 2025 by Saurenergy Pune-based leading digital lending platform Fibe launched rooftop solar financing to bring green energy access across India. The company offers credit solutions for residential rooftop solar installations, and it plans to expand its presence in Tier 2 and Tier 3 cities. Through this initiative, Fibe aims to support an ongoing goal to improve credit access for underserved segments. […] Read more
IIT Bombay Powers Up Winter with Solar Thermal Tech Updated On Tue, Jun 24th, 2025 by Saurenergy In a significant breakthrough for winter heating in India’s cold desert regions, researchers at the Indian Institute of Technology Bombay (IIT Bombay) have developed a solar-powered thermal battery that stores summer heat for use during the harsh Himalayan winters. The technology promises a sustainable alternative to diesel heaters widely used in regions like Leh, where […] Read more
Emmvee Wins ₹1,500cr Solar Module Order from KPI Green Updated On Tue, Jun 24th, 2025 by Saurenergy Indian solar manufacturer Emmvee has secured an order worth approximately ₹1,500 crore from KPI Green Energy Ltd, a part of the Gujarat-based KP Group, to supply TopCon bifacial solar modules for an upcoming solar project in Gujarat, the company said on Tuesday. The modules will be produced at Emmvee’s manufacturing facilities in Dabaspet and Sulibele, […] Read more
Insolation Energy Ramps Up Manufacturing, Eyes ₹8,500cr Revenue Updated On Tue, Jun 24th, 2025 by Saurenergy Publicly listed solar module manufacturer Insolation Energy Ltd is aggressively expanding its manufacturing footprint and expects to more than sixfold its revenue to ₹8,500 crore by FY28, driven by demand from emerging sectors such as data centers, EV charging, and green hydrogen. “These industries will be game changers for solar in the coming years,” Manish […] Read more
Prozeal Green To Provide Hybrid Green Power To GIFT City Updated On Tue, Jun 24th, 2025 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has approved a 25-year power purchase agreement (PPA) between GIFT Power Company Ltd (GIFT PCL) and Prozeal Green Energy Ltd for the supply of 9.90 megawatts (MW) of hybrid renewable energy at a fixed tariff of ₹3.70 per unit. The long-term deal is aimed at ensuring reliable and cost-effective […] Read more
Refund Excess Open Access Charges to Serum Institute: MERC Updated On Tue, Jun 24th, 2025 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has directed the state power utility to refund over Rs. 7.7 million in excess wheeling and transmission charges to Serum Institute of India Pvt. Ltd. (SIIPL), in a ruling that may benefit other open-access consumers. The refund, covering the period from September 2021 to May 2023, must include interest […] Read more
CERC Overturns Curtailment of Tata Power, Engie Solar Output Updated On Tue, Jun 24th, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC) has overturned curtailment orders issued by the Western Regional Load Dispatch Centre (WRLDC) against Tata Power Renewable Energy Ltd (TPREL) and Engie’s Indian arm, Electro Solaire Pvt Ltd, in a dispute over compliance with reactive power regulations at the Raghanesda Ultra Mega Solar Park in Gujarat. The Central […] Read more
IFC, Vertex, Avaana Back Kazam With $6.2 Mn To Expand EV Infra Updated On Mon, Jun 23rd, 2025 by Saurenergy Karnataka-based electric vehicle (EV) energy-tech company raised USD 6.2 million in Series B funding from multiple investors. The company raised funding from International Finance Corporation (IFC) and existing investors, Vertex Ventures SEA & India, and Avaana Capital Advisors. The latest investment is expected to support Kazam’s expansion across the market, and its energy transition tools […] Read more
