Prostarm Info Gets In-Principle Approval From SEBI To Launch IPO Updated On Thu, Feb 13th, 2025 by Saurenergy Navi-Mumbai-based pan-Indian power solution products company, Prostarm Info Systems has received in-principle approval from market regulator, Securities Exchange Board of India (SEBI) to launch its initial public offering (IPO). The issue comprises a fresh issue of up to 1,60,00,000 Equity Shares of face value ₹10 each and will be listed on BSE and NSE. Choice […] Read more
MNRE Sets Norms For Solar Cold Storage With Thermal Energy Backup Updated On Wed, Feb 12th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has established design, performance, and testing standards for Solar Cold Storage systems equipped with Thermal Energy Storage (TES) backup. These systems primarily operate on solar photovoltaic (PV) energy, providing a sustainable solution for preserving agricultural, fishery, dairy, and pharmaceutical products. The new regulations set performance requirements by […] Read more
Juniper Green Energy Raises $1bn In Debt Financing Updated On Mon, Feb 10th, 2025 by Saurenergy Renewable energy developer Juniper Green Energy has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This funding will support the growth and development of Juniper Green Energy […] Read more
Prozeal Set To Supply 24.40 MWp Solar Power To Aarti Drugs Updated On Tue, Feb 4th, 2025 by Saurenergy Mumbai-based Aarti Drugs has tied up with Prozeal Green Energy to procure solar power through a captive arrangement. The company announced the collaboration in a regulatory filing, stating, “Aarti Drugs, a manufacturer of Active Pharmaceutical Ingredients (APIs) and Pharma Intermediates, has entered into a share subscription and shareholders’ agreement with Prozeal Green Power and Pro-Zeal […] Read more
Shakti Pumps Tieups With ReNew For Supply Of DCR Modules Updated On Mon, Feb 3rd, 2025 by Saurenergy Indian solar pump manufacturer Shakti Pumps today announced increasing its capacity to procure additional DCR (Domestic Content Requirement) solar cell-based solar modules. The company today said that it has partnered with ReNew Photovoltaic Private Limited for the same. The company was earlier engaged in partnerships with Indian solar cell makers like Mundra (Adani) Solar and […] Read more
Module Supply: SECI Awards 400 MWp Module Order to Alpex, Tata Power Solar Updated On Sat, Feb 1st, 2025 by Saurenergy The Solar Energy Corporation of India (SECI) recently announced Alpex Solar and Tata Power Renewable Energy Subsidiary, Tata Power Solar (TP Solar) winners of its 400 Mwp modules tender. The tender intends to supply these solar modules at a Ramagiri project located in Andhra Pradesh. The tender for this project was released in November 2024 […] Read more
Self Certification For Solar Inverters Gets Another Extension From MNRE Updated On Fri, Jan 31st, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has extended the self-certification deadline for solar PV inverters above 100 kW. The government’s latest notification extended the rule up to December 31st, 2025. The Central Government issued a “Solar Photovoltaics, Systems, Devices and Components Goods (Requirements for Compulsory Registration) Order, 2017” for six products. It included […] Read more
NHPC REL Issues 24.22 MW Rooftop Solar Tender For Ministries Updated On Wed, Jan 29th, 2025 by Saurenergy NHPC, on behalf of its renewable energy arm NHPC Renewable Energy Limited (NHPC REL), issued a tender to develop a rooftop solar project across various Central Ministries. It’s accepting bids till March 3, 2025. The NHPC REL tender, in its brief scope of work, mentioned: “The solar Photovoltaic (PV) installation at various locations on government […] Read more
With Norms In Hand, MNRE Aims To Standardize PV Products Updated On Wed, Jan 29th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued the “Solar Systems, Devices, and Components Goods Order, 2025” to set new standards for solar products across India. In its latest notification, the MNRE mandated compliance with Indian Standards (IS) and minimum efficiency criteria for a wide range of solar technologies. The order will come […] Read more
