ReNew To Go Private? Key Investors Make Offer Updated On Thu, Dec 12th, 2024 by Saurenergy ReNew Energy Global, which got listed at the NASDAQ exchange in the US through the SPAC route back in 2021, could well go private next year, if its biggest investors, including founder Sumant Sinha have their way. A consortium with voting rights of 64% have offered to take the company private at $7.07 per share, […] Read more
Solex Energy Collects Rs. 29 Cr Order From Zodiac Energy Updated On Tue, Dec 10th, 2024 by Saurenergy Gujarat-based solar module company Solex Energy, has announced a work order for Rs. 29,00,82,900 from Gujarat-based Zodiac Energy. This order is expected to be completed within the next 3 months as per the terms of the order. Solex secured an order to supply a 20 MW Solex bifacial perc solar module to the Zodiac energy […] Read more
Waaree Energies Secures NABL Accreditation for Advanced Testing Lab Updated On Thu, Dec 5th, 2024 by Saurenergy Indian Solar module manufacturer Waaree Energies has announced securing NABL accreditation for its Solar PV Module Test Lab (PMTL). Located at Waaree’s module manufacturing facility in Chikhli, Gujarat this accreditation further strengthens the company’s product testing and quality assurance. This marks Waaree’s second NABL accreditation, following the first achieved for its Thumb manufacturing facility. The […] Read more
Green Stocks Dec 4: Adani Green Stock Price Plunges Again Updated On Wed, Dec 4th, 2024 by Saurenergy Wednesday presented a mixed day for the renewable energy companies in the stock market. Controversy hit Adani Green today and witnessed a further plunge in its stock price. The company’s stock today reported a 3.83% decline. The limelight today was on the Hyderabad-based solar cell and module manufacturing company Premier Energies with a rise of […] Read more
Waaree Energies Bags 364 MWp & 160 MWp Module Supply Orders Updated On Mon, Dec 2nd, 2024 by Saurenergy Indian solar module manufacturer Waaree Energies today announced securing orders for module supply totaling 364 MWp and 160 MWp. The firm received these orders from renewable project developers from India. These customers are engaged in the business of owning, developing and operating renewable power projects in India, the firm said. The contracts include the supply […] Read more
News In Brief Nov 27: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract Updated On Wed, Nov 27th, 2024 by Saurenergy Ecofy Partners With Swelect Energy To Increase Rooftop Solar Adoption Across South India Ecofy, India’s green-only NBFC backed by Eversource Capital and committed to financing India’s green transition has announced a partnership with Swelect Energy Systems Limited (formerly known as Numeric Power Systems Limited). This collaboration combines Ecofy’s digital lending expertise with SWELECT’s manufacturing and […] Read more
China Seeks a fix For PV Overcapacity With New Norms Updated On Fri, Nov 22nd, 2024 by Saurenergy With its world leading PV sector hit by losses in the past year, China’s Ministry of Industry and Information Technology is focusing on what it can control, to try and nurse the sector back to health. We saw last week how export incentives on solar products were reduced last week in perhaps a signal to […] Read more
Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI Updated On Wed, Nov 20th, 2024 by Saurenergy Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore. […] Read more
US Investment Plan: Premier Energies To Wait For More Clarity On IRA Updated On Wed, Nov 13th, 2024 by Saurenergy Indian solar module and solar cell manufacturer Premier Energies has now planned to buy more time on its investment plan in the United States (US). The firm, which has planned to start its solar cell production line in the US now wants more clarity on the benefits under the Inflation Reduction Act (IRA) after the […] Read more
