Public Capital and Solar Firms- Made For Each Other? Updated On Mon, Oct 28th, 2024 by Saurenergy What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […] Read more
Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie Updated On Tue, Oct 22nd, 2024 by Saurenergy Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […] Read more
MNRE’s Plan To Boost Off-Grid Solar In Tribal Areas Gets Impetus Updated On Mon, Oct 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has secured the sanction of the President for the implementation of its revised funding for the Solar Power Scheme (for tribal and PVTG Habitations/Villages) under PM JANMAN and Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM JUGA). This replaces the previous New Solar Power Scheme (for Particularly Vulnerable […] Read more
Oriana Power Secures 75 MW Solar Power Project At Maharashtra Updated On Mon, Oct 21st, 2024 by Saurenergy Uttar Pradesh-based Oriana Power secured an order to develop 75 MW solar power plant from Maharashtra State Electricity Distribution Company Limited (MSEDCL) at Maharashtra. MSEDCL seeks to implement feeder level solarisation under Component C of PM-KUSUM Scheme with land and transmission line. The company has made a steady progress in the renewable energy segment as […] Read more
INA Solar Raises Rs. 402 Crore Via Preferential Allotment Of Equity Shares Updated On Wed, Oct 16th, 2024 by Saurenergy Rajasthan-based Insolation Energy Limited (INA Solar), a solar panel manufacturer raised Rs 402 Crores from investors in response for its preferential allotment of equity shares. Chairman Manish Gupta and Managing Director Vikas Jain expressed their gratitude, highlighting that since its inception in 2017, Insolation Energy Limited has established Rajasthan’s one of the largest solar panel […] Read more
PMEA Solar Tech Solutions Limited Files DRHP for IPO Updated On Tue, Sep 17th, 2024 by Saurenergy Mumbai-based PMEA Solar Tech Solutions, a manufacturer in the solar tracking and mounting products sector in India, has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO with a face value of Rs 10 per […] Read more
RMC Switchgears Secures 41 MW Solar PV Project In Maharashtra Updated On Tue, Sep 17th, 2024 by Saurenergy RMC Switchgears today received an order to develop a 41 MW (AC) solar photovoltaic power project in Maharashtra. RMC Switchgears received a contract from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the solar photovoltaic power project in the RESCO model. The project will be executed under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, […] Read more
Extended Wait Ahead For Any Price Drops In Solar, Wind Updated On Wed, Aug 28th, 2024 by Saurenergy If you track India’s renewable sector, you couldn’t have failed to notice the seeming exuberance in recent months. Amplified by the soaring valuations of listed firms on the country’s stock exchanges, at SaurEnergy, we have tracked how a basket of ‘green energy’ stocks we track has grown over 120% in value over a year. This […] Read more
Maharashtra Launches First Solar Village – ‘Manyachiwadi’ Updated On Tue, Aug 20th, 2024 by Saurenergy Manyachiwadi has become the first village in Maharashtra to earn the title of ‘first solar village’ of the state. The village, situated in the Satara district has now become fully solarized, paving the way for sustainable rural setups. Maharashtra Chief Minister Eknath Shinde on August 18 also launched a scheme to solarize more villages in […] Read more
