Solar Rooftop Firm SolarSquare Records Rs 175 crore Topline In Fy24 Updated On Fri, Feb 21st, 2025 by Saurenergy Rooftop solar solutions provider SolarSquare recorded a 63.5% year-on-year growth in its operating scale, reaching Rs 175 crore in revenue in the last fiscal year. However, this growth came at a high cost, as the company’s losses surged 2.3X in FY24. SolarSquare’s revenue from operations grew to Rs 175 crore in FY24 from Rs 107 […] Read more
Saatvik Solar Initiates Works To Commence Solar Cell Production Updated On Thu, Feb 20th, 2025 by Saurenergy Indian solar module manufacturer Saatvik Solar has commenced work on establishing its own solar cell production line in Odisha. The company had earlier announced plans to begin solar cell manufacturing in the state to strengthen its vertical integration. Additionally, the Ambala-based firm has submitted its Draft Red Herring Prospectus (DRHP) to launch an IPO and […] Read more
SaurEnergy Explains: Balcony Solar – A Game Changer for Apartment Dwellers? Updated On Wed, Feb 19th, 2025 by Saurenergy Solar power has taken over the world’s new power projects, becoming the harbinger of the renewable energy age that everyone awaited for so long. Indeed, the utility scale mega solar projects and rooftop solar have been the mainstream type of solar installations. However, other solar power systems, like the balcony solar systems, are quietly gaining […] Read more
Credit Fair Secures $5 Mn From Symbiotics Investments For Solar Financing Updated On Tue, Feb 18th, 2025 by Saurenergy Credit Fair, a non-banking financial company (NBFC) with its presence in the solar and MSME segments, has raised $5 million in debt from the $75-million Green Basket Bond issued by Symbiotics Investments. The bond, which is the second of its kind, was issued by Symbiotics Investments and subscribed to by British International Investment (BII), the […] Read more
“WAACAB Focused On Large Solar Installations”-Satyam Khamar Updated On Tue, Feb 18th, 2025 by Saurenergy India’s solar boom has opened up a world of opportunities for many firms. WAA Cables is one which has grabbed the opportunity opened up by the rising demand for specialised cables and more for the growing solar footprint across the country. Along with that has come the EV rush, now picking pace, where the firm […] Read more
Maharashtra Discom Stumps Consumers Again With Anti-Solar Move In Tariff Proposal Updated On Tue, Feb 18th, 2025 by Saurenergy One of the reasons Maharashtra has been a relative underperformer in Solar has been the approach taken by key discoms in the state, notable the MSEDCL or Maharashtra State Electricity Distribution Company Limited towards the clean source of energy. From earlier efforts to limit net metering, to favouring gross metering, the MSEDCL has usually made […] Read more
Solarium Green IPO Launched- Company Seeks to Raise Rs 105 crore Updated On Thu, Feb 6th, 2025 by Saurenergy Ahmedabad-based Solar EPC and O&M provider Solarium Green Energy has launched its IPO today. The IPO comprises a fresh issue of 54,99,600 Equity Shares of ₹ 10 each at a price band of Rs 181-191. Thus, at the upper end of the price band, the company is looking to raise Rs 105.04 crore. The shares will […] Read more
As India Goes Past 100 GW Solar Milestone, No Time To Rest Updated On Wed, Jan 29th, 2025 by Saurenergy If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […] Read more
Gujarat Govt. Provides Funding For Solar Plants At 60 Sites, 32 Municipalities Updated On Wed, Jan 22nd, 2025 by Saurenergy The Gujarat Chief Minister’s Office (CMO) backs municipalities to establish solar power plants to produce green-clean energy in the state. CM Bhupendra Patel announced, that he has adopted an eco-friendly approach to further strengthen Gujarat’s leadership in the renewable energy sector. He intends to extend it to local self-government institutions through these projects. Patel has […] Read more
