Bihar Plans To Build Solar Project On Private Pond, Issues Tender Updated On Tue, Feb 4th, 2025 by Saurenergy Bihar Renewable Energy Development Agency (BREDA) recently issued a tender to procure solar power from a 20 MW grid-connected solar project. The project is planned under the RESCO mode and will be located on a private pond in Bihar. The tender would open and end on 20th February 2025. It bidding for the tender would […] Read more
NVVN Plans To Solarise Multiple DRDO Offices, Issues Tender Updated On Mon, Feb 3rd, 2025 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited has issued multiple tenders to solarise different DRDO premises in India. The latest tenders interestingly mandated the installation of high efficient solar modules for these projects. Most of these tenders have their submission dates between February 15 and February 18. The tender has demanded […] Read more
Solar Journey of Africa: 2024 in Review and the Road Ahead Updated On Fri, Jan 31st, 2025 by Saurenergy Africa is the continent with the world’s largest solar energy potential and investment is the only thing that’s keeping Africa from powering its development using this potential. The solar growth in Africa remained modest in 2024 in the face of structural challenges such as limited financing, regulatory barriers and infrastructure constraints which still impede the […] Read more
News In Brief: TotalEnergies 75MW Deal, ENGIE’s Saudi Plans, KPI Green In 300 MW Solar Deal Updated On Thu, Jan 30th, 2025 by Saurenergy TotalEnergies and STMicroelectronics In 75 MW Green Energy Deal French energy major TotalEnergies and STMicroelectronics have signed a Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics sites in France. This 15-year contract, started in January 2025, represents an overall volume of 1.5 TWh of power supply.TotalEnergies will provide STMicroelectronics, an integrated device manufacturer, […] Read more
2024: China Installs 8 GW Solar Projects In Belt & Road Countries Updated On Thu, Jan 30th, 2025 by Saurenergy Chinese companies installed 24 Gigawatts (GW) capacity in Belt and Road (B&R) countries in 2024, according to a new report from Wood Mackenzie. This record number doubles the capacity installed in 2023 and is a new high for investment since the initiative was launched in 2013. Notably, renewable energy sources, particularly solar and hydropower, led […] 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
South America Solar Growth in 2024: Achievements and Challenges Updated On Wed, Jan 29th, 2025 by Saurenergy South America continued its steady solar growth over the last half-decade in particular, and overall renewable energy capacity additions in general, through the year 2024. Brazil remained the biggest market on the Latin American continent, with other nations like Chile, Colombia, and Costa Rica showing diversity in renewable progress. On the other hand, Chile’s massive […] 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