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
UPERC Proposes Tighter Norms For Banking Renewable Energy Updated On Tue, May 13th, 2025 by Saurenergy In a significant shift likely to impact investment decisions in Uttar Pradesh’s energy sector, the Uttar Pradesh Electricity Regulatory Commission (UPERC) has proposed sweeping changes to the banking provisions for captive and renewable energy projects under its Draft (Captive and Renewable Energy Generating Plants) Regulations, 2024. The new draft regulation, which will replace the 2019 […] 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
CERC Sets Aside Deemed COD in Powerica Case, Quashes Bills Updated On Fri, May 9th, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ruled in favour of Powerica Ltd in a dispute over transmission charges for its wind project in Gujarat, setting aside the deemed commercial operation date (COD) declared by the transmission licensee and quashing several transmission charge bills. The Central Electricity Regulatory Commission (CERC), in an order issued this […] Read more
Procurement : Battery Energy Storage Systems Updated On Fri, May 9th, 2025 by Saurenergy Key Responsibilities:- Oversee procurement processes for BESS, ensuring compliance with industry standards and government guidelines. Collaborate with suppliers and manufacturers to source high-quality battery systems. Evaluate bids and negotiate contracts with vendors. Ensure integration of BESS with renewable energy systems and grid infrastructure. Understanding advanced technologies like lithium-ion batteries, flow batteries, and their integration with […] Read more
Coal India Aims To Turn Green Energy Supplier In 4.5 GW MoU With AM Green Updated On Fri, May 9th, 2025 by Saurenergy In what would be one of the largest renewable energy contracts going ahead, Coal India Limited (CIL), plans to supply 4500 MW of carbon-free energy, in phased manner, to upcoming green ammonia facilities of AM Green. It would be through a combination of solar and wind whose capacities CIL aims to set up on pan […] Read more