1st Q25: China Installs 36 GW Rooftop Solar As New Rules Spur Rush Updated On Mon, May 19th, 2025 by Saurenergy China installed a record 60 GW of new solar photovoltaic (PV) capacity in the first quarter of 2025 – the highest ever recorded in a first quarter in the country’s history, according to Rystad Energy research and analysis. Rooftop PV accounted for 60%, or 36 GW, of that total, marking the largest quarterly capacity addition […] Read more
APTEL Overturns KERC’s Order On Slashing Solar Park Tariff Updated On Mon, May 19th, 2025 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has overturned a ruling of the KERC that slashed the tariff for a 20-megawatt (MW) solar project in Karnataka. The latest order relieved the petitioner in the case, Tungabhadra Solar Parks Pvt Ltd, which approached the apex power regulator for its intervention. APTEL ruled that the Karnataka Electricity Regulatory Commission […] Read more
Inox Green Bags 285 MWp Solar O&M Deal, Nears 1 GW Portfolio Updated On Mon, May 19th, 2025 by Saurenergy Inox Green Energy Services has signed agreements to provide operations and maintenance (O&M) services for 285 MWp of solar projects owned by two renewable energy firms, the company said. The projects, led by one of the O&M providers, span multiple sites. With the new contracts, Inox Green’s solar O&M portfolio has grown to around 1 […] Read more
IFC Backs $5mn Investment In Husk Power For Solar Mini-Grid Updated On Thu, May 15th, 2025 by Saurenergy The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $5 million investment in Husk Power Energy Systems Nigeria Limited to support the rollout of solar hybrid mini-grids in underserved communities across northern Nigeria. The financing, backed by the Government of Canada, is aimed at expanding access to reliable and […] Read more
Gautam Solar Secures UL Certification for N-Type TOPCon Modules Updated On Thu, May 15th, 2025 by Saurenergy Indian solar module manufacturer Gautam Solar has received UL Listing and Certification for its N-Type TOPCon solar modules in the United States (US) and Canada. This certification confirms full compliance with electrical codes and safety standards across North America and covers modules ranging from 560Wp to 600Wp (144 cells). The UL Listing enhances Gautam Solar’s […] Read more
Waaree-Backed Solfin Disburses ₹100cr Solar Loans In 9 Months Updated On Thu, May 15th, 2025 by Saurenergy Solfin, a tech-led renewable energy finance platform backed by Waaree Group, has disbursed more than ₹100 crore in solar loans within nine months of launching operations. The milestone follows a ₹100 crore strategic investment from Waaree Sustainable Finance Pvt. Ltd., the financing arm of Waaree Group. Solfin operates as a non-banking financial company (NBFC) and […] Read more
Canadian Solar Beats Q1 Guidance Despite Industry Headwinds Updated On Thu, May 15th, 2025 by Saurenergy Canadian Solar reported better-than-expected first-quarter results for 2025, buoyed by strong module shipments and a record pipeline in energy storage, even as the company posted a net loss due to trade-related costs and declining margins. The company shipped 6.9 GW of solar modules during Q1, up 9.4% year-on-year and exceeding guidance of 6.4–6.7 GW. Revenues […] Read more
GERC Nod For Supply Of Solar Power At Rs 2.55/kw Updated On Thu, May 15th, 2025 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has approved solar power tariffs discovered by Gujarat Urja Vikas Nigam Limited (GUVNL) for the procurement of 1,000 megawatts (MW) of electricity through a competitive bidding process. GUVNL had issued a tender in August 2024 to procure 500 MW of grid-connected solar power, with an option to purchase an […] Read more
APTEL Clears NTPC of Metering Liability in Solar Project Case Updated On Thu, May 15th, 2025 by Saurenergy The Appellate Tribunal for Electricity (APTEL) in its latest judgement has ruled in favour of NTPC Ltd., overturning a CERC order that had held the state-run energy major responsible for meter sealing in solar power projects, a finding that contributed to delays in project commissioning. In the judgment, APTEL allowed NTPC’s appeal against the Central […] Read more