Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans Updated On Thu, Oct 6th, 2022 by Saurenergy Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […] Read more
Agri Renewables Can Double Farmer Income, Help RE Targets: NSEFI-IGEF Roundtable Updated On Wed, Aug 24th, 2022 by Saurenergy The ‘National Roundtable on Agri-Renewables in India: A Double Engine Growth Strategy’ was jointly organized by National Solar Energy Federation of India (NSEFI) and Indo German Energy Forum (IGEF -SO) at Indian Habitat Centre, New Delhi. Pranav R Mehta, Chairman, NSEFI, spoke about the “Government of India’s target to become Energy Independent by 2047” and […] Read more
Madhya Pradesh Hopes To Be Major Energy Exporter Using Green Power Updated On Mon, Aug 8th, 2022 by Saurenergy Madhya Pradesh, one of the states that has managed to shrug off an indifferent renewable record over the past three years to emerge as a renewable hotspot in India, has set a high target for 2030. The state hopes to add 20,000 MW of renewable energy, mostly solar power, to become a significant energy exporter […] Read more
“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy Updated On Sat, Mar 19th, 2022 by Saurenergy The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […] Read more
Tata Power Gets LOA For 300 MW Hybrid Project from MSEDCL Updated On Thu, Dec 16th, 2021 by Saurenergy TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This project has been awarded through Tariff-based competitive bidding followed by e-Reverse auction. TP had won the bid along with Azure […] Read more
Waaree Praises PLI but Says Indian PV Manufacturers Facing Challenges Updated On Tue, May 4th, 2021 by Saurenergy Mumbai-headquartered solar PV module manufacturer Waaree Group has expressed appreciation for the government’s recently announced Production Linked Incentive (PLI) scheme and has highlighted the challenges currently facing Indian manufacturers of solar power generation equipment. Chairman and Managing Director Hitesh Doshi believes that the PLI scheme will boost the country’s manufacturing sector, which is paramount today. He […] Read more
MNRE’s Draft Policy Framework for DRE Open For Comments Till Nov 2 Updated On Wed, Oct 21st, 2020 by Saurenergy In an office memorandum issued on October 19, the MNRE (Ministry of New and Renewable Energy) has issued a Draft Policy Framework for DRE (Distributed Solar Energy) to promote DRE livelihood applications in rural areas of the country. The aim is to provide a conducive environment for the development and large-scale adoption of these applications. […] Read more
Govt Urges Stakeholders to Contact Nodal Officer for Grievance Redressal on Pref to Make in India Order Updated On Mon, Jun 8th, 2020 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has issued an office memorandum stating that for any grievance redressal purpose with respect to its order on ‘Preference to Make in India’, industry stakeholders can contact to the nodal officer. For this purpose, Sutapa Majumdar is the MNRE’s nodal officer for dealing grievances w.r.t. the matter. […] Read more
STFI Successfully Completed a Decade of its Journey Updated On Thu, Jun 4th, 2020 by Saurenergy Solar Thermal Federation of India (STFI), an industry body of solar thermal manufacturers, has successfully completed its journey of a decade on Thursday. The organization was formed on June 4, 2010, with the objective of improving the interface with the Government agencies on policies and legislations, creating product standards, collecting and maintaining industry data and […] Read more
