SUBSCRIBE NEWS LETTER

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Wave Solar Plans To Go Aggressive In Solar Inverter Biz

Indian solar inverter brand Wave Solar has now planned to go aggressive in its inverter business to strengthen its market presence in the Indian solar sector. With more product diversification plans and expansion in hand, the firm is now looking to create its own niche. The firm, currently having a strong hold in the Commercial […]

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Pakistan’s Unexpected Solar Boom Comes With Pitfalls For the Future

In recent weeks, Pakistan has been cited as an example of a solar success increasingly. The reason? An unprecedented boom in solar capacity additions, perhaps as high as 15 GW in 2024, that have helped the country leapfrog its way to the top 6 solar markets worldwide. Powered by Cheap Chinese imports that face little […]

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Solar Yaan Announces To Bring ‘Affordable Microinverters’

Solar Yaan, an Indian solar inverter company known for its strong presence in the grid-tied inverter segment, is now significantly expanding its portfolio to cater to the evolving needs of the domestic solar market. The company now claims to have launched its latest micrionverter series. Manoj Patel, MD and CEO of the firm told Saur […]

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Deye Optimistic Over Its New Product-‘Solar Micro-Inverters’

Global energy storage company Ningbo Deye Inverters is now optimistic over the sales of their latest product-solar micro-inverters. The company recently showcased its series of micro-inverters at the recently concluded RenewX exhibition in Chennai. The top management of the company told Saur Energy that the new product is likely to see a major fillip with […]

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Update: Rayzon Solar’s Pre IPO Round Attracts $16.2 Million

An earlier version of this story mentioned Sachin Tendulkar as an investor in Rayzon Solar’s maiden funding round, based on details from the company’s regulatory filing (MGT-14).  However, the latest filing (PAS-3) does not show any share allotment to Tendulkar. Accordingly, we have updated the story and removed his name. Solar panel manufacturer Rayzon Solar […]

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We Aim To Make Solar Biz Simple & Effective: Nishant Sood

Tell us about your journey. How do you transition from a finance background to the solar industry? Nishant Sood: I’m a mechanical engineer by background—I graduated from IIT in the early 2000s, followed by an MBA in finance. It was a fairly typical path: IIT, then IIM, and straight into investment banking. I graduated from […]

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UPNEDA Aims To Solarise Households, Issues Bid For ‘Solar Packs’

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender for solar power packs, aiming to solarise several smaller households across the state with solar-operated appliances. With this tender, the UP government has planned to boost the use of solar power for smaller households in the state. Under the initiative, the […]

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First Solar India’s Disconnect: Big Factory, Small Home Footprint

First Solar, Inc., a US solar manufacturer, ventured into India manufacturing business with the intention of serving the domestic India market as it inaugurated a fully vertically integrated solar manufacturing plant in Tamil Nadu with a capacity of 3.3 GW. The firm also had the distinction of making it to India’s ALMM list as the […]

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COVER STORY: India’s Different Path For Solar Module Manufacturing

On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […]

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