India’s Solar Boom Is Unique On the Global Stage: Vinay Rustagi Updated On Mon, May 12th, 2025 by Saurenergy Let’s start with a light question. How did you enter the solar industry? After completing my MBA, I specialized in finance and worked in various banks, focusing on project finance for large-scale projects in sectors like telecom, oil and gas, and transport. In 2011, after returning to India from the UK, I took on the […] Read more
ECE India Plans Cell Manufacturing, Targets Offshore Exports Updated On Thu, May 8th, 2025 by Saurenergy Indian solar module maker ECE India Energy said it plans to begin solar cell manufacturing by 2027, as it eyes global markets predominantly the African market. The Maharashtra-based firm will set up a 2-gigawatt (GW) solar cell production facility in Amravati, with commissioning targeted for 2026 or 2027, the top management of the firm told […] Read more
JinkoSolar Swings To Q1 Loss On Lower Shipments, Weak Prices Updated On Wed, Apr 30th, 2025 by Saurenergy JinkoSolar Holding Co. reported a sharp drop in first-quarter revenue and swung to a net loss as weak pricing and lower shipments weighed on margins, the company said in its latest financial results. Revenue for the quarter ended March 31 fell 33% sequentially to RMB13.84 billion (US$1.91 billion), down from RMB20.65 billion in Q4 2024 […] Read more
Q1 2025: First Solar Lowers Outlook On Tariff Issues, Cites India Demand Updated On Wed, Apr 30th, 2025 by Saurenergy First Solar Inc. revised its guidance in its Q1 2025 financial results to reflect the expected impact of new tariffs implemented in April 2025. The company reported net sales of $0.8 billion for the quarter ended March 31, down from $1.5 billion in the previous quarter. The decline was primarily attributed to an anticipated seasonal […] Read more
Update: Rayzon Solar’s Pre IPO Round Attracts $16.2 Million Updated On Fri, Apr 18th, 2025 by Saurenergy 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 […] Read more
UltraTech To Tap AMPIN’s 75 MW Solar Project For Captive Power Updated On Thu, Apr 17th, 2025 by Saurenergy UltraTech Cement has signed an energy supply agreement and a share subscription and shareholders agreement to acquire a 26% stake in AMPIN C&I Power Eight Private Limited, a company involved in the generation and transmission of renewable energy. AMPIN C&I Power Eight, based in New Delhi, is a special purpose vehicle (SPV) set up to […] Read more
China Solar Firms Hope For a Quick Resolution Of US Tariff Tussle Updated On Mon, Apr 7th, 2025 by Saurenergy As global markets swoon over the US tariff action, and China’s surprising retaliatory response with a 34 percent tariff on US imports to that country, China’s solar titans hope that better sense will prevail in due course, sooner rather than later. With stock prices for both Jinko (NYSE listed) and Longi (Shanghai SSE listed) down […] Read more
5 Ways Battery Storage Is Transforming Solar Energy Deployments Updated On Tue, Apr 1st, 2025 by Saurenergy Solar power’s biggest ally, the battery energy storage systems (BESS), has arrived in force in 2024. The pairing of batteries with solar photovoltaic (PV) farms is rapidly reshaping how and when solar energy is used, turning daylight-only generation into flexible, round-the-clock power. BESS has meant the momentum does not flag for solar deployments, even in […] Read more
Solar Module Prices To Stabilise At Best In 2025, Not Rise, Says Australian Report Updated On Fri, Mar 28th, 2025 by Saurenergy Climate Energy Finance, an Australia based think tank, has predicted that solar module prices are unlikely to rise in 2025, at beat stabilising. This will be reassuring for a lot of developers in India and beyond, who dread the risk of a significant price rise, as supply chains across the world continue to depend on […] Read more
