US Solar Manufacturing Surges, Legislation Threat Looms Large Updated On Mon, Jun 9th, 2025 by Saurenergy The United States added 8.6 gigawatts (GW) of new solar module manufacturing capacity in the first quarter of 2025, making it one of the strongest quarters for US solar manufacturing growth, according to new data released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. The surge was driven by eight new or expanded […] Read more
Saatvik Solar Breaks Ground For 4 GW Module Plant Updated On Fri, Jun 6th, 2025 by Saurenergy Haryana based Saatvik Solar Industries Private Limited (“SSIPL”), a wholly owned subsidiary of Saatvik Green Energy Limited (“SGEL”) hosted the groundbreaking ceremony of its upcoming 4.00 GW solar PV module manufacturing facility on June 5. Being set up on land sub-leased from Tata Steel Special Economic Zone Limited (“TSSEZL”) out of total 57 acres located […] Read more
Udaya Sehgal Is New CFO At Alpex Solar Updated On Thu, Jun 5th, 2025 by Saurenergy Greater Noida-based module manufacturing firm Alpex Solar has re-designated Udaya Sehgal as Chief Financial Officer (Key Managerial Personnel) with effect from June 4, 2025, the company said in a regulatory filing. Sehgal previously worked with Alpex Solar as a marketing consultant from 2018 to 2022. The company said the appointment comes at a time when […] Read more
China’s Drinda To Add 5 GW Solar Cell Facility In Türkiye Updated On Wed, Jun 4th, 2025 by Saurenergy Chinese mid-tier PV firm Drinda New Energy Technology has announced plans to build its second overseas high-efficiency solar cell production base in Türkiye. The announcement by its subsidiary Jietai New Energy has been made even as the largest solar expo in the world and in China, the SNEC PV Expo is set to start later […] Read more
Maruti Adds 30MWp Solar Projects At Two Haryana Sites Updated On Wed, Jun 4th, 2025 by Saurenergy Maruti Suzuki India Limited (MSIL) has expanded its solar capacity by 30MWp with two new solar projects across Haryana. The Company commissioned a 20MWp solar power project at its new facility in Kharkhoda, Haryana, and added another 10MWp solar capacity to its Manesar facility. With these additions, MSIL’s total solar capacity across its locations has […] Read more
Vikram Solar Moves Closer to ₹ 1500 Cr IPO Updated On Wed, Jun 4th, 2025 by Saurenergy Vikram Solar Limited, one of India’s largest solar photo-voltaic modules manufacturers in terms of installed capacity, with more than 15 years of experience in the industry as of 31, March 2024, has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). […] Read more
Gujarat: NGEL Issues 600MW Solar Module Supply Tender For Bhuj Updated On Mon, Jun 2nd, 2025 by Saurenergy NTPC Green Energy Limited (NGEL) has invited bids on behalf of IndianOil NTPC Green Energy Private Limited (INGEL) for the supply of solar modules for the 600 MW INGEL solar project in Gujarat. The project will use bifacial solar modules and includes a 750 MWp (375 MWp x 2 blocks) capacity. The deadline for submission […] Read more
Solar’s Next Big Challenge- Sustainable Growth Updated On Mon, Jun 2nd, 2025 by Saurenergy It has been an abiding mystery how many business journalists, for all the knowledge they collect on their preferred sectors, usually ignore the financials of the firms they track. Relationships with firms, especially if they are not publicly traded, tend to be at an arm’s length, with information supplied on a need-to-know basis. The solar […] Read more
SAEL Gets $132Mn from NDB, AIIB, Others for AP Solar Project Updated On Fri, May 30th, 2025 by Saurenergy SAEL Solar MHP1, a subsidiary of SAEL Industries Ltd., has secured debt finance amounting to US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale. SAEL Solar MHP1 would use the funding to develop a solar power project in Andhra Pradesh. Each institution has committed […] Read more
