Maharashtra: Onix Renewable Embarks On Its 1.9 GW Solar Project Updated On Fri, May 23rd, 2025 by Saurenergy Onix Renewable Limited has launched development of a 1,959 MW solar power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a flagship decentralised solar initiative by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) aligned with the central government’s PM-KUSUM scheme. The ambitious project aims to decarbonise rural electricity supply and bolster […] Read more
Waaree RTL Bags ₹114 Cr Order For 94 MW MSKVY Solar Project Updated On Mon, May 19th, 2025 by Saurenergy Mumbai-based Waaree Renewable Technologies Limited (WRTL) has received a Letter of Award (LOA) from a Renewable Energy Generation Company to construct 94 MW AC Solar PV Plants. The developer would be responsible for undertaking EPC activities to develop projects across multiple locations under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0. The project consists of […] Read more
Buoyed By Order Book, Shakti Pumps Eyes ₹3,000cr Revenue in FY26 Updated On Tue, May 13th, 2025 by Saurenergy Indian solar pump manufacturer Shakti Pumps, in its latest investor call, told the investors about its plan to target a minimum revenue of ₹3,000 crore (USD 360 million) for the financial year 2025-26, following strong operational gains and a secure supply of solar panels. Chairman Dinesh Patidar said the company reached its FY25 revenue goal […] Read more
India’s Solar Boom Is Unique On the Global Stage: Vinay Rustagi Updated On Mon, May 12th, 2025 by Saurenergy Let’s start with a light question. How did you enter the solar industry? After completing my MBA, I specialized in finance and worked in various banks, focusing on project finance for large-scale projects in sectors like telecom, oil and gas, and transport. In 2011, after returning to India from the UK, I took on the […] Read more
Shakti Pumps’ Profit Nearly Triples In FY25, Revenues Up By 84% Updated On Sat, May 10th, 2025 by Saurenergy Indore-based Shakti Pumps (India) Limited, a manufacturer of solar-powered water pumping systems, has reported an outstanding financial performance for the fiscal year ended March 31, 2025. The company registered an 84.3% year-on-year (YoY) growth in annual revenue and nearly tripled its net profit, underscoring strong demand momentum and efficient execution across its operations. Quarterly results […] Read more
Websol Signs 250 MW Solar Module Deal with CRI Pumps Updated On Fri, May 9th, 2025 by Saurenergy Websol Energy System Ltd. said it has signed an agreement to supply up to 250 megawatts (MW) of solar modules to C.R.I. Pumps Private Ltd., a company engaged in the installation and sale of photovoltaic systems for solar-powered pumping. Under the deal, C.R.I. Pumps will procure Mono PERC solar modules with domestic content requirement (DCR) […] Read more
Odisha Raj Bhavan Aims To Solarise Its Building Updated On Mon, May 5th, 2025 by Saurenergy Odisha Raj Bhavan is now looking towards increased adoption of solar energy to shun the use of energy derived from solar energy. Odisha Governor Dr. Hari Babu Kambhampati in a press conferencd informed reporters about the plan of the institution to go for solar. He cited the installation of a 150-kilowatt solar power plant at […] Read more
Q1 2025: First Solar Lowers Outlook On Tariff Issues, Cites India Demand Updated On Wed, Apr 30th, 2025 by Saurenergy First Solar Inc. revised its guidance in its Q1 2025 financial results to reflect the expected impact of new tariffs implemented in April 2025. The company reported net sales of $0.8 billion for the quarter ended March 31, down from $1.5 billion in the previous quarter. The decline was primarily attributed to an anticipated seasonal […] Read more
MP Approves 2 GW Solar, 1 GW Storage For Shared Supply With UP Updated On Wed, Apr 30th, 2025 by Saurenergy Madhya Pradesh Chief Minister Mohan Yadav approved setting up a 2,000 MW solar park and a 1,000 MW composite energy storage project at a recent cabinet meeting. The minister said in the statement, “This initiative aims to supply electricity on a complementary basis to both Madhya Pradesh and Uttar Pradesh, as the peak demand periods […] Read more
