Goldi Solar To Launch IPO Likely Within 12-15 Months Updated On Fri, Feb 21st, 2025 by Saurenergy Indian solar module manufacturer Goldi Solar has planned to launch its Initial Public Offering (IPO) and enter into the Indian Stock Market likely in the next one year. The top management of the firm told Saur Energy that work towards the same has already begun. The Surat-based company is on an expansion spree. It has […] Read more
Solar Rooftop Firm SolarSquare Records Rs 175 crore Topline In Fy24 Updated On Fri, Feb 21st, 2025 by Saurenergy Rooftop solar solutions provider SolarSquare recorded a 63.5% year-on-year growth in its operating scale, reaching Rs 175 crore in revenue in the last fiscal year. However, this growth came at a high cost, as the company’s losses surged 2.3X in FY24. SolarSquare’s revenue from operations grew to Rs 175 crore in FY24 from Rs 107 […] Read more
Brazil’s Solar Growth Soars, Eyes 200 GW by 2050 Updated On Fri, Feb 21st, 2025 by Saurenergy Brazil needs to rapidly scale its decarbonization efforts to become a net-zero economy by 2050, according to New Energy Outlook: Brazil, released by BloombergNEF (BNEF). The report builds on the results of BNEF’s flagship New Energy Outlook 2024 and examines Brazil’s decarbonization trajectory using bottom-up modeling across the power, transport, industry, and buildings sectors through […] Read more
Now, a Solar Soundbox From PayTm Updated On Fri, Feb 21st, 2025 by Saurenergy Leading payments and financial distribution firm Paytm has launched what it terms India’s First Solar Soundbox for Merchants, a Green Innovation that Harnesses Sustainable Energy for Full-Day Power. The PayTm app enables users to link their bank accounts and create UPI handles for seamless payments. Paytm has been a pioneer of QR codes, Soundbox, and […] Read more
Assam DISCOM Issues Tender For 134 MW Rooftop Solar Projects Updated On Thu, Feb 20th, 2025 by Saurenergy Assam Discom, Assam Power Distribution Company (APDCL) has recently released a tender to develop 134 MW Grid Connected rooftop solar (RTS) projects (without battery storage) on different Government Buildings under PM Surya Ghar: Muft Bijli Yojana. It is accepting bids till 11th March 2025 APDCL’s latest tender consists of three packages, it mentioned the project […] Read more
Saatvik Solar Initiates Works To Commence Solar Cell Production Updated On Thu, Feb 20th, 2025 by Saurenergy Indian solar module manufacturer Saatvik Solar has commenced work on establishing its own solar cell production line in Odisha. The company had earlier announced plans to begin solar cell manufacturing in the state to strengthen its vertical integration. Additionally, the Ambala-based firm has submitted its Draft Red Herring Prospectus (DRHP) to launch an IPO and […] Read more
CEL Seeks EoI For 40 MWp Automated Solar Manufacturing Plant Updated On Thu, Feb 20th, 2025 by Saurenergy Central Electronics Limited (CEL), has issued an Expression of Interest (EOI) seeking vendors to identify domestic suppliers for outsourcing the Automated Solar PV Module Manufacturing Plant. The plant has an annual capacity of 40 MWp when operated in three shifts and will be located in Sahibabad on an ‘as-is-where-is’ basis. The last date for EoI […] Read more
Vikram Solar Gets 1 GW Capacity Boost; Upgrades Facility Updated On Thu, Feb 20th, 2025 by Saurenergy Indian solar module manufacturer Vikram Solar Limited has successfully increased its manufacturing capacity with a 1 GW expansion at its Falta facility in West Bengal. Additionally, the manufacturing lines in the facility at Oragadam in Chennai, Tamil Nadu, have also been upgraded to allow the facility to manufacture more efficient technology modules, including TOPCON and […] Read more
CERC Adopts tariff For SECI’s 1200 MW Wind Solar Hybrid Projects Updated On Thu, Feb 20th, 2025 by Saurenergy In an order dated February 18, the Central Electricity Regulatory Commission has adopted the proposed tariffs for SECI’s 1200 MW Hybrid projects comprising wind and solar energy under Tranche VIII. SECI had issued the letter of awards to the winning bidders on June 20, 2024. The projects will now await the signing of formal PPAs, […] Read more