India Adds 14.9 GW Of New RE Capacities In 8 Months Of FY25 Updated On Thu, Dec 12th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) published the latest data on new renewable energy capacity additions in early December. The data revealed that the country added a total of 14.9 GW of new renewable energy capacities (excluding hydro) in the current financial year (till November 2024). According to the report, India’s solar energy […] Read more
Mahindra Adds New Subsidiary Velos Hybren To Expand RE Portfolio Updated On Wed, Dec 11th, 2024 by Saurenergy Mahindra Susten (MSPL) recently incorporated Velos Hybren Private Limited (Velos Hybren) as its step-down subsidiary to spur renewable energy growth. Velos Hybren has been established to produce and sell power, generate electricity, act as an Independent Power Producer (IPP), and facilitate distributed energy solutions, including rooftop solar installations for commercial, industrial, institutional, and residential segments. […] Read more
Global Non-Chinese Inverter Firms Seek Protection Against Chinese Dominance Updated On Mon, Dec 9th, 2024 by Saurenergy China’s solar demand doubled in 2023, driving significant growth in PV inverter supply. Similar to the solar PV sector, Chinese inverter manufacturers are emerging as the dominant force in the global inverter market, accounting for over half of global shipments. Since 2022, the top 5 ranks in the global inverter shipments have also been taken […] Read more
Time to Worry In India? Chinese PV Firms In Production Control Agreement To Stem Losses Updated On Mon, Dec 9th, 2024 by Saurenergy Over 30 of the top Solar PV firms in China are said to have signed up for a program of self-discipline at the China Photovoltaic Industry Association’s annual meeting last week. Taking a stated cue from OPEC ( The organisation of petroleum exporting countries), the world’s oldest existing cartel, the Chinese PV firms are setting […] Read more
RE Supply Shift Poised To Favor North And South India Over West By 2032: SBI Caps Report Updated On Fri, Nov 29th, 2024 by Saurenergy India added 30 GW to its installed base (net basis) in the past 12 months, of which 75% was renewables, according to the latest data released in the SBI Caps report. Renewable energy has made notable progress recently, driven by fresh wind additions and a surge in energy storage system (ESS) tenders, as noted in […] Read more
Gujarat, Maharashtra Top Beneficiaries Of PM-Surya Scheme Till Oct 24 Updated On Thu, Nov 28th, 2024 by Saurenergy The government this year approved the PM Surya Ghar: Muft Bijli Yojana to increase the share of solar rooftop capacity and empower residential households to generate their own electricity. According to the latest parliamentary data, Gujarat saw the maximum growth in rooftop solar registrations, followed by Maharashtra and Uttar Pradesh. This growth contributes to the […] 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
Asst Field Manager Updated On Thu, Nov 21st, 2024 by Saurenergy Willingness to travel and work on the implementation sites Preferred knowledge of solar business and/or other renewable energy businesses Preferred experience on solar installation, commission and maintenance Experience on off- grid kw projects Travel and stay at the site locations where solar installations occur Ability to resolve the site problems. Coordinating with the suppliers and […] Read more
Rising Green Energy in a Grid: Lessons From Australia Updated On Mon, Nov 18th, 2024 by Saurenergy Green energy is poised to dominate power grids globally, but several challenges must be addressed to achieve its full potential. Australia’s solar expansion serves as a prime example of effective solar power integration into an energy mix. Australia now boasts 25 GW of rooftop solar capacity across four million installations. Across the National Electricity Market […] Read more