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Premier Energies Eyes BESS, Inverter Biz To Diversify Growth

Indian solar cell and module manufacturer Premier Energies is venturing into battery energy storage systems (BESS) and the inverter business, as it looks to diversify its clean energy portfolio and boost profitability, top executives said during the company’s latest investor call. The firm, which has launched an ambitious “Mission 2028” to build a fully integrated […]

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CERC Issues Draft Guidelines For Boosting Virtual PPAs

The Central Electricity Regulatory Commission (CERC) has released draft guidelines for Virtual Power Purchase Agreements (VPPAs), aiming to support the country’s renewable energy push by offering a market-based tool for meeting clean energy targets. The proposed rules, issued in May, outline a framework to enable designated consumers to fulfill their Renewable Consumption Obligations (RCOs) without […]

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BESS Installs In Europe Grow 15% In 2024, Future Growth Expected To Jump

Europe experienced another year of record installations for battery storage, despite slower year-on-year growth, according to the  European Market Outlook for Battery Storage by Solar Power Europe. Europe installed 21.9 GWh of battery energy storage systems (BESS) in 2024, marking the eleventh consecutive year of record installations, and bringing Europe’s total battery fleet to 61.1 […]

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MNRE Clarifies ALMM Exemptions for Net Metering & Captive Use

The Ministry of New and Renewable Energy (MNRE) has issued a latest clarification regarding the scope of exemptions under the Approved List of Models and Manufacturers (ALMM) for various types of solar power projects. In an office memorandum, the ministry responded to two key queries related to the applicability of ALMM for Net-Billing, Virtual Net […]

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Kosol Energie Plans Lab To Test Long Durability Of Modules

Indian solar manufacturer Kosol Energie has now planned a dedicated lab to test the durability and reliability of solar modules. The top management of the firm told Saur Energy about their steps towards boosting research and development on solar modules. Nitin Sangle, CEO of Sunray Solar, the solar vertical of Kosol Energie said the lab […]

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Novasys Aims At 2.6 GW Of TOPCon Module Capacity By FY26

Maharashtra-based solar module manufacturer Novasys is now aiming to scale up its solar module manufacturing with TOPCon technology to 2.6 GW by the end of the financial year 2025-26. The top management of the firm told Saur Energy about its expansion plans, including their preparedness to launch solar cells and IPO (Initial Public Offering). Ashok […]

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Premier Energies Floats New Arm For Ingots, Wafers

Premier Energies has incorporated a wholly owned subsidiary, Premier Energies GWC Private Limited, to manufacture and process silicon ingots and wafers using advanced technologies for application in solar cells, the company said in a regulatory filing. “Premier Energies Limited is the promoter of Premier Energies GWC Private Limited, a wholly owned subsidiary and a related […]

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BC Jindal Forays Into RE Component Manufacturing With ₹4,000 Cr Investment

BC Jindal Group has announced its entry into component manufacturing for renewable energy power generation. In the first phase of the project, the group aims to deploy an investment of Rs 4,000 crore to kickstart its renewable energy component manufacturing venture. This phase will include setting up 2 GW of solar cell manufacturing/ solar module […]

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Jupiter Secures ₹500cr Investment From ValueQuest SCALE Fund

Jupiter International Limited, a manufacturer of photovoltaic solar cells and provider of end-to-end solar power solutions, announced today that it has secured a ₹500 crore (approximately $60 million) investment from ValueQuest SCALE Fund and its affiliates. This marks ValueQuest’s second investment in the company. Jupiter currently operates a 1 GW solar cell manufacturing facility in […]

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