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
MNRE Asks Module Makers To Share DCR Data Since Jan 2024 Updated On Tue, Nov 12th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a new order asking the Indian solar module and cell manufacturers to share the Domestic Content Requirement (DCR)- related data since January 1, 2024. The ministry asked the solar companies to share this data on the DCR verification portal of the National Institute of Solar […] Read more
Insolation Energy Reports 307% Surge In Profits In H1 Updated On Fri, Nov 8th, 2024 by Saurenergy Indian solar module manufacturers Insolation Energy (INA Solar) has published its latest financial results for the first half of FY25. The latest report revealed that the firm reported an increase in its total revenue and net profits in H1FY25, compared to H1 of FY24. The financial results said that the company led by Manish Gupta […] Read more
US Lifts Anti-Dumping Order On Al Imports From India Updated On Tue, Nov 5th, 2024 by Saurenergy The US International Trade Commission (USITC) recently determined that the US industry is not materially injured or threatened with material injury by imports of aluminum extrusions from India, China, and 14 other countries. The other countries include Colombia, Ecuador, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, the United Arab Emirates, and Vietnam. The […] Read more
Oct 28: Mixed Performance For Green Stocks Updated On Mon, Oct 28th, 2024 by Saurenergy On a day when the markets finally reversed the downward trend, green stocks benefited broadly as well. the highlight of the day was no doubt the debut of Waaree energies limited, which listed at an over 50% premium and maintained that level by closing. Even that amazing start may have disappointed many observers who were […] Read more
Green Stocks Oct 21 – Stocks Endure Another Day With Losses Updated On Mon, Oct 21st, 2024 by Saurenergy Hopes must be really high for JSW Energy’s results, for coming out as the sole stock to stay up without suffering losses today. In line with the broader market, especially the small cap and mid-cap indices, green energy stocks uniformly were down today. Losses were higher for a few like Premier Energies, but no one […] Read more
News Briefs Oct 13- Runergy’s US Capacity, MCPV Funding, Canada Funding Updated On Mon, Oct 14th, 2024 by Saurenergy Runergy’s 2 GW Module Plant In US Operational Runergy, a Chinese Cell maker with a global production footprint including silicon, wafer, solar cell and module factories in China, Thailand, Vietnam and now the US has started fulfilling its first module order from its plant in the US, With cumulative solar cell shipments exceeding 65GW by […] Read more
Rajasthan Investor Summit 2024 Attracts High Renewable Commitments Updated On Tue, Oct 1st, 2024 by Saurenergy At the Rajasthan Investment Summit 2024 in New Delhi, 17 major companies signed MoUs (Memorandums of Understanding) to invest a massive Rs. 8 lakh crore across various sectors, focusing on renewable energy, oil and gas, logistics, and infrastructure. In the energy sector, Tata Power, NHPC, Avaada Group, and Jindal Renewable Power all committed to building […] Read more
