NHPC Approves Rs 797 Cr For 1.2 GW Uttar Pradesh’s Solar Park Project Updated On Fri, Apr 25th, 2025 by Saurenergy NHPC’s Board of Directors has approved the development of a 1,200 MW solar park in Uttar Pradesh’s Jalaun district, the company said in an exchange filing. It said the project will involve an estimated investment of Rs 796.96 crore, including interest during construction (IDC) of Rs 42.69 crore. The company will invest Rs 239.09 crore […] 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
What Led to the Surge in REC Purchases by DISCOMs? Updated On Fri, Apr 11th, 2025 by Saurenergy Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […] Read more
PLI Should Be Extended To Agri-Based Manufacturers: ICRIER Updated On Wed, Apr 9th, 2025 by Saurenergy The latest Indian Council for Research on International Economic Relations (ICRIER), report called for extending India’s production-linked incentive (PLI) scheme—currently supporting domestic solar panel manufacturing—to include low-carbon agricultural technologies. These could include livestock feed additives that reduce methane emissions (such as Rumen8) and biofertiliser products, the report added. India’s agriculture sector is vulnerable to climate […] Read more
ACME Targets Rs 10,000cr Revenues From Solar Module, Cell Biz Updated On Mon, Apr 7th, 2025 by Saurenergy ACME Group is aiming to generate Rs 10,000 crore in revenue by 2030 from its solar module and cell manufacturing operations, as part of a broader strategy to diversify beyond renewable energy generation. The Gurgaon-based company has entered the solar equipment manufacturing sector with an investment of Rs 230 crore. Its new module manufacturing facility […] Read more
COVER STORY: India’s Different Path For Solar Module Manufacturing Updated On Fri, Mar 21st, 2025 by Saurenergy On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […] 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
GP Eco Solutions Secures Multiple Solar Projects From UPNEDA Updated On Tue, Mar 18th, 2025 by Saurenergy Noida-based solar and storage solutions firm GP Eco Solutions India received a Letter of Award (LoA) from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for multiple solar projects. While announcing the recent win in a regulatory filing, the company stated, “GP Eco Solutions has secured the Letter of Award (LoA) from the […] Read more
Amrut Energy Secures ₹100 Cr From Private Equity Investors Updated On Thu, Mar 13th, 2025 by Saurenergy Amrut Energy Pvt Ltd, a leading manufacturer of solar water pumps and renewable energy solutions from Ahmedabad, has successfully raised ₹100 crores in funding from private equity investors. This investment will propel the company’s rapid growth, expand its manufacturing capabilities, drive research and development, and scale operations across underserved regions. The investment will expand manufacturing […] Read more