Gensol Engineering Announces Plan To Raise Rs 600cr Updated On Thu, Mar 13th, 2025 by Saurenergy Gensol Engineering Limited, which has seen over half its market cap degrade over the past month today announced that its Board of Directors has approved fund-raising initiatives amounting to Rs 600 crore aimed at significantly enhancing its financial standing. The solar player has defaulted on debt payments, and faces a liquidity squeeze primarily due to […] Read more
OREDA Issues Tender, Seeking EPC Contractors For PM-KUSUM Updated On Thu, Mar 13th, 2025 by Saurenergy Odisha Renewable Energy Development Agency (OREDA) has issued a tender seeking EPC contractors to take up solarisation works under PM-KUSUM scheme. As per the mandate, the state nodal agency is seeking companies who can take up the works under the Component-A of the central government scheme. The OREDA tender said that the contractors need to […] Read more
Fraunhofer ISE Flags ‘Overstatement’ Of Output Claims By Module Manufacturers Updated On Thu, Mar 13th, 2025 by Saurenergy A research team from the Fraunhofer Institute for Solar Energy Systems ISE has evaluated over 70,000 power measurements on photovoltaic modules that have been carried out in the institute’s calibration laboratory, CalLab PV Modules, since 2012. In the process, the researchers found that since around 2017, the negative discrepancy between the performance data of the […] Read more
Green Stocks Mar 12: Less Red, More Green By Holi perhaps? Updated On Wed, Mar 12th, 2025 by Saurenergy Even as markets mostly stayed in the red, there was a splash of green on our pack today, as most stocks made up for a disappointing day yesterday. Leading the way were the larger developers Adani Green and NTPC Green, the former buoyed by news of another 250 MW of commissioning in Kadapa, Andhra Pradesh. […] Read more
India Must Aim For 600 GW Of Clean Energy By 2030: CEEW Updated On Wed, Mar 12th, 2025 by Saurenergy India needs to scale up to 600 GW of non-fossil-fuel capacity by 2030 to meet its growing electricity demand reliably and affordably, according to a new, independent Council on Energy, Environment and Water (CEEW) study launched at the National Dialogue on Powering India’s Future today in Delhi. The study, ‘How Can India Meet Its Rising […] Read more
SolaX Power to Launch Micro-Inverters for Indian Market Soon Updated On Wed, Mar 12th, 2025 by Saurenergy Global solar inverter brand SolaX Power is set to introduce its latest innovation—solar micro-inverters—tailored for the Indian market. The company is in the final stages of launching these inverters, specifically designed for smaller residential rooftop solar installations. The move gains significance with the introduction of the PM Surya Ghar scheme, which supports compact solar setups […] Read more
SWELECT Energy Secures 150 MW Module Order, Rises ₹290cr Updated On Wed, Mar 12th, 2025 by Saurenergy Solar energy company SWELECT Energy Systems Ltd today announced securing orders of over 150 MW for its TOPCon Bi-facial solar PV modules. Additionally, SWELECT Group has successfully raised ₹290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited, the company said. This move, secured against a portion of its Solar […] Read more
Vietnam’s Threat To Go Back On Tariff PPA’s Sends Chills Through Developers Updated On Wed, Mar 12th, 2025 by Saurenergy Vietnam’s decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the […] Read more
AmpereHour Energy Secures $5mn In Series A Funding Updated On Wed, Mar 12th, 2025 by Saurenergy Pune-based energy storage solutions company AmpereHour has now bagged a fresh funding of $ 5 million USD in a series A funding. The funding round was led by Avaana Capital. UC Impower and some existing angel investors also participated in the round. AmpereHour Energy is a provider of full-stack energy storage solutions, which is seeking […] Read more
