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
Emmvee Opens 5th Solar Module Plant, Lifts Capacity To 6.6 GWp Updated On Wed, Apr 16th, 2025 by Saurenergy Indian solar manufacturer Emmvee has opened its fifth module manufacturing facility at Sulibele, near Bengaluru International Airport, adding 2 GWp of photovoltaic (PV) module capacity. With the latest expansion, the company’s total PV module capacity now stands at 6.6 GWp, while solar cell capacity has reached 2.5 GWp. The 400,000-square-foot facility will employ more than […] Read more
2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions Updated On Wed, Apr 16th, 2025 by Saurenergy Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […] Read more
Bigger & Faster – South India’s Renewable Comeback Updated On Wed, Apr 16th, 2025 by Saurenergy South India, which heralded some of the earliest large-scale solar and wind projects in the country, is now further expanding its clean energy footprint. Again, one could say that some of India’s most notable renewable achievements came from the region before 2020. From the then-largest solar plant at Kamuthi in Tamil Nadu with a 648 […] Read more
SOFAR Debuts On Shenzhen Stock Exchange Updated On Tue, Apr 15th, 2025 by Saurenergy SOFAR, a China-based solar and energy storage solution provider, made its debut on the ChiNext Board of the Shenzhen Stock Exchange (Stock Code: 301658) on April 2. Chairman Xu Tao rang the opening bell in the presence of government officials, partners, and industry stakeholders. The listing marks support the company’s role in China’s “Dual Carbon” […] Read more
Jupiter Secures ₹500cr Investment From ValueQuest SCALE Fund Updated On Mon, Apr 14th, 2025 by Saurenergy Jupiter International Limited, a manufacturer of photovoltaic solar cells and provider of end-to-end solar power solutions, announced today that it has secured a ₹500 crore (approximately $60 million) investment from ValueQuest SCALE Fund and its affiliates. This marks ValueQuest’s second investment in the company. Jupiter currently operates a 1 GW solar cell manufacturing facility in […] Read more
Top 5: Largest BESS Projects in the World in 2025 Updated On Sat, Apr 12th, 2025 by Saurenergy As large battery projects become more and more common across the world, a new initiative, BESS100 has emerged to track the largest among them all. The BESS100, an open source visual database of the 100 largest operational batteries in the world based on rated power i.e. MW, and not on installed or usable energy – […] Read more
Maharashtra Issues 24 Tenders For Rooftop Solar Projects Updated On Fri, Apr 11th, 2025 by Saurenergy The Maharashtra Energy Development Agency (MEDA) has now issued a total of 24 tenders for solar projects. Most of these projects are rooftop solar projects on government institutions. A few of them are rural solar streetlight projects. Most of these projects have been planned in the Gadchiroli, Nagpur, Chandrapur, Bhandara, and Wardha districts in Maharashtra. […] Read more
Olan Agri, Husk Power Partner To Advance Solar Energy Adoption Updated On Thu, Apr 10th, 2025 by Saurenergy Olam Agri and Husk Power have announced a commercial and industrial (C&I) solar project in Nigeria’s rice-producing region. This initiative will accelerate the transition of agriculture to sustainable energy infrastructure, significantly reducing reliance on expensive and polluting diesel generation. Under the partnership, Husk will deploy a 1.3 MWp solar photovoltaic (PV) system, integrated with an […] Read more
