MNRE Issues New Testing Rules For Solar Modules Updated On Thu, May 29th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued updated guidelines for the classification and testing of solar modules, aimed at strengthening quality assurance in the sector. Under the new rules, designated laboratories will carry out testing based on revised standards. All solar modules must now be registered with the Bureau of Indian Standards […] Read more
Sterling & Wilson Wins 225 MW Gujarat Solar Project Updated On Thu, May 29th, 2025 by Saurenergy Mumbai-based Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable energy power company, has emerged as the L1 bidder in a tender by a leading public sector undertaking (PSU) developer for a turnkey EPC package for the development of a 225 MW (AC) grid-connected solar PV Project in Gujarat, India. Speaking on the order […] Read more
Green Stocks May 28: Stocks In Consolidation Mode Updated On Wed, May 28th, 2025 by Saurenergy Consolidation mode for what, you may ask? A breakout, or a collapse? We believe past performance has pretty much ruled out the possibility of the latter, leaving investors hopeful of solid returns from the green pack at some stage this year. Today, it was the green energy developers that had a good day, with all […] Read more
India’s Electricity Demand to Grow 6-6.5% Over Five Years: ICRA Updated On Wed, May 28th, 2025 by Saurenergy India’s electricity demand is expected to grow at a compound annual growth rate (CAGR) of 6.0–6.5% over the next five years, supported by rising consumption from electric vehicles (EVs), data centres and green hydrogen projects, ratings agency ICRA said. For FY2026, ICRA projects demand growth at 5.0–5.5%, lower than the estimated GDP growth of 6.5%. […] Read more
Engie Gets Financial Closure For 200 MW Khavda Solar Project Updated On Wed, May 28th, 2025 by Saurenergy French energy company ENGIE has achieved financial closure for its upcoming 200 MW solar project in Khavda, Gujarat, in partnership with MUFG Bank Ltd. and Crédit Agricole CIB. The project is being developed through ENGIE’s subsidiary, Enren-II Energy Private Limited. It is expected to generate approximately 550 GWh of electricity annually and avoid over 1,650 […] Read more
Gujarat: ACME Solar Commissions Its Maiden Wind Power Project Updated On Wed, May 28th, 2025 by Saurenergy ACME Solar Holdings Ltd has commissioned the first phase of its maiden wind power project at Shapar, in Gujarat, adding 26.4 MW to its operational capacity as part of the planned 50 MW ACME Pokhran wind project. With the latest addition, ACME’s total operational capacity has increased from 2,705 MW to 2,731.4 MW. The project […] Read more
FY25: Mufin Green Finance Reports 20% Surge In Profit Updated On Wed, May 28th, 2025 by Saurenergy Mufin Green Finance, a non-banking financial company (NBFC) specializing in financing renewable energy and electric vehicle (EV) projects, has reported strong growth in revenue and profitability for the financial year ended March 31, 2025 (FY25), driven by a surge in clean mobility and energy lending. Financial Performance (FY25 vs FY24) The company’s Revenue from Operations […] Read more
ALMM May Update- Goldi, Premier, RenewSys Dominate New Additions Of 8653 MW Updated On Wed, May 28th, 2025 by Saurenergy The May update of the Approved List of Module Manufacturers from the Ministry of New and Renewable Energy (MNRE) is out with possibly the highest ever addition of capacity and new manufacturers in a long time. IN a letter dated May 21, the MNRE has made some changes to the list , with BIS number […] Read more
Bondada, Telangana GENCO Ink ₹204.2 Cr BESS Project PPA Updated On Tue, May 27th, 2025 by Saurenergy Telangana-based Bondada Engineering has secured a letter of award from Telangana Power Generation Corporation Limited (TGGENCO) for setting up a battery energy storage system (BESS) project. It said in a regulatory filing, “We are delighted to inform you that this is a first-of-its-kind order for our company in the BESS business line.” It added that […] Read more
