Zelestra Energy Gets Financing for 237 MW Solar Projects In Spain Updated On Wed, May 14th, 2025 by Saurenergy Spanish EPC and Renewable energy developer Zelestra has achieved financial close for a portfolio of six solar projects in Spain. The projects, adding upto 237 MW form the Belinchón and Brazatortas clusters in Spain. A total of 21 power purchase agreements (PPAs) along with a debt package of €146.6m has been sanctioned for the construction […] Read more
Solex Energy Fy25-Revenue Up 81%, Profit Soars 390% Updated On Wed, May 14th, 2025 by Saurenergy Continuing with the trend of improving margins at Solar module makers, Gujarat-based Solex Energy Limitedhas announced its audited financial results for the fiscal year ended March 31, 2025. The company delivered a robust performance, with consolidated revenues reaching ₹ 665.82 crore, a significant 81% year-on-year growth compared to ₹ 368.02 crore in FY 2023-24. Solex Energy […] Read more
Ciel & Terre Commissions One of India’s Largest Floating Solar Projects Updated On Tue, May 13th, 2025 by Saurenergy Ciel & Terre has successfully commissioned India’s largest floating solar project, a 120 MWp floating solar plant at Omkareshwar in Madhya Pradesh. This project, which was inaugurated in August 2024, was developed in partnership with L&T and SJVN Green Energy Limited. The energy generated will be supplied to Rewa Ultra Mega Solar Limited (RUMSL). Located […] Read more
Alpex Solar Bags ₹349.99cr Solar Project from Coal India Subsidiary Updated On Tue, May 13th, 2025 by Saurenergy Alpex Solar Ltd. (formerly Alpex Solar Pvt. Ltd.) has secured a major consortium order worth ₹349.99 crore from Central Mine Planning and Design Institute Ltd. (CMPDI), a wholly owned subsidiary of Coal India Ltd. The company informed about the latest order in its filing before the National Stock Exchange (NSE). The order procured by the […] 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
Guj Solar Project: BluPine Energy Secures ₹376cr Financial Closure Updated On Mon, May 12th, 2025 by Saurenergy BluPine Energy Private Limited, a renewable energy platform backed by Actis, today announced the successful financial closure of ₹376 crore in debt funding for its 100 MW solar power project in Tharad, Banaskantha district, Gujarat. The project, being developed under BluPine’s wholly owned subsidiary Solarcraft Power India 5 Pvt. Ltd., is part of the GUVNL […] Read more
Delta Electronics To Launch Solar Inverters, Expand Energy Storage Biz Updated On Mon, May 12th, 2025 by Saurenergy Taiwan-headquartered Delta Electronics plans to launch a new line of cost-effective, locally developed solar inverters for India’s commercial and industrial (C&I) market by the end of 2025, the company said in a recent interaction with Saur Energy. The firm, known for its power and energy management solutions, is sharpening its focus on India’s clean energy […] Read more
Borosil Renewables Q4 Results: Revenue Up, Losses Down Updated On Sun, May 11th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables has announced its audited financial results for the quarter (Q4)and year ended March 31, 2025 (FY25). The latest results, submitted by the firm before the stock exchange, reported strong growth in revenues, both on a quarterly and annual basis, but continued to face widening losses amid rising input and […] Read more
India Imposes 5-Yr Anti-Dumping Duty on Solar Glass Imports Updated On Fri, May 9th, 2025 by Saurenergy The Indian government has imposed a definitive anti-dumping duty on imports of solar glass (textured tempered coated and uncoated glass), originating in or exported from China and Vietnam. The decision follows a detailed investigation by the Directorate General of Trade Remedies (DGTR) and is aimed at protecting domestic manufacturers from unfair trade practices. The anti-dumping […] Read more
