KPI Green Secures 15.90 MW Solar Plant Under CPP Segment Updated On Mon, Feb 10th, 2025 by Saurenergy The Gujarat-based KPI Green’s subsidiary, Sun Drops Energia Private Limited, has secured a letter of award (LoA) for 15.90 MWDC solar power projects under the ‘Captive Power Producer (CPP)’ segment. The KPI Green mentioned in a regulatory filing, “The company secured the award from seven entities, namely, Mexo Fiber Pvt. Ltd., Rayons, Maharaja Industries, Gautam […] Read more
As India Goes Past 100 GW Solar Milestone, No Time To Rest Updated On Wed, Jan 29th, 2025 by Saurenergy If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […] Read more
Q3 FY25: ACME Solar’s PAT Up By 152% YoY, PAT Margin At 28% Updated On Wed, Jan 29th, 2025 by Saurenergy ACME Solar Holdings, in its Q3 FY25 financial results, reported a 152% year-over-year (YoY) increase in Profit After Tax (PAT). It also reported a 632.5% jump in its net profit on a Quarter-On-Quarter (QoQ) basis. The PAT margin reached 28%, while the net debt-to-equity ratio stood at 1.6x. The company’s total revenue increased by 9.9% […] Read more
Jaipur To Add Another GW Sized Solar Plant, From RMC Switchgears Now Updated On Tue, Jan 28th, 2025 by Saurenergy The Rajasthan-based renewable energy company, RMC Switchgears, recently conducted a Bhoomi Poojan ceremony for its new solar module manufacturing plant in Chaksu, Jaipur. This will be an addition to its existing unit in the region. RMC Switchgear shared, “The company conducted the ‘Bhoomi Poojan Ceremony’ for its new solar module manufacturing plant, with a proposed […] Read more
Enfinity Global Gets 2 GW Connectivity For Solar, Wind Projects In India Updated On Tue, Jan 28th, 2025 by Saurenergy The US-based renewable energy and sustainability services company Enfinity Global, recently secured connectivity for 2 GW of utility-scale solar PV and wind projects. The company secured the project in Rajasthan, Uttar Pradesh, Maharashtra, and Karnataka in India. This strategic development represents a key for the firm to expand its renewable energy portfolio in India. The […] Read more
News In Brief Jan 24: ACME Solar, LONGi, Sungrow, Qcells Updated On Fri, Jan 24th, 2025 by Saurenergy Rajasthan: ACME Solar Operational RE Capacity Touches 2.54 GW ACME Solar Holdings through its subsidiaries ACME Deoghar Solar Power and ACME Phalodi Solar Energy, has commissioned the remaining capacity of 47 MW and 39.95 MW, respectively. The company commissioned these projects in Rajasthan. The company said in a regulatory filing, “These two plants are now […] Read more
Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms Updated On Wed, Jan 22nd, 2025 by Saurenergy Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed the incentives released to Discoms for the financial years FY […] Read more
Gujarat Govt. Provides Funding For Solar Plants At 60 Sites, 32 Municipalities Updated On Wed, Jan 22nd, 2025 by Saurenergy The Gujarat Chief Minister’s Office (CMO) backs municipalities to establish solar power plants to produce green-clean energy in the state. CM Bhupendra Patel announced, that he has adopted an eco-friendly approach to further strengthen Gujarat’s leadership in the renewable energy sector. He intends to extend it to local self-government institutions through these projects. Patel has […] Read more
IB Solar Seeks A Share of Solar EPC In 2025 Updated On Wed, Jan 15th, 2025 by Saurenergy Noida-based solar manufacturing firm IB Solar is set to enter into the solar EPC business as well in 2025. With a firm focus on government backed solar EPC projects at MW scale, IB solar has formed a new venture: “IB Solar Infra Developers Pvt. Ltd.”for its planned EPC business. Coupled with its plans to take […] Read more
