News In Brief Jan 24: ACME Solar, LONGi, Sungrow, Qcells Updated On Fri, Jan 24th, 2025 by Saurenergy Rajasthan: ACME Solar Operational RE Capacity Touches 2.54 GW ACME Solar Holdings through its subsidiaries ACME Deoghar Solar Power and ACME Phalodi Solar Energy, has commissioned the remaining capacity of 47 MW and 39.95 MW, respectively. The company commissioned these projects in Rajasthan. The company said in a regulatory filing, “These two plants are now […] Read more
IEX Q3 Results-Revenues Up 13.7%, PAT Up 22.8% Updated On Fri, Jan 24th, 2025 by Saurenergy Indian Energy Exchange (IEX), the largest electricity trading exchange in India, has reported its results for the third quarter of FY25. The firm reported electricity volumes of 30.5 Billion Units in Q3FY’25, a 15.9% increase from 26.3 BUs in Q3 FY’24. Renewable energy certificates in Q3FY’25 at 26.52 lakhs, increased 31% from 20.24 lakh in […] Read more
News In Brief Jan 23: Nextracker, Saatvik bags EPC Contracts From HPPCL, Jindal Group Updated On Thu, Jan 23rd, 2025 by Saurenergy Saatvik Green Bags Solar EPC Contracts From HPPCL Saatvik Green Energy Limited, a solar EPC solutions provider has been awarded two solar EPC contracts by Himachal Pradesh Power Corporation Limited (HPPCL). The contracts, totaling 23 MW, include an 11 MW solar project in Lamlehri Upperli UNA and a 12 MW solar project in Gondpur Bulla […] Read more
Delayed Payment: MERC Asks MSEDCL To Pay Penalty To RE Firms Updated On Thu, Jan 23rd, 2025 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has directed the state power utility, MSEDCL, to pay penalties with interest to two biomass energy generators for delayed payments. The order came after the two renewable energy generators approached MERC against MSEDCL over the issue. The two companies—Manas Agro Industries and Infrastructure Limited (MAIIL), Wardha, and MAIIL Nashik—had […] Read more
The Surprising Country Investing Big In Energy Storage Updated On Thu, Jan 23rd, 2025 by Saurenergy In common perception, the drive towards a green energy transition is placed as a tussle between those who want green, clean energy, and those who depend on fossil fuels, and hence do everything to delay or discredit the transition. The pronouncements by President Trump, to ‘drill baby drill’ for that country’s oil and gas sector, […] Read more
China Adds 277 GW Of New Solar Capacities In CY24 Updated On Wed, Jan 22nd, 2025 by Saurenergy Notwithstanding the global trade challenges of the Chinese solar industry, the country has now created new records in its green energy landscape. As per the latest data furnished by the National Energy Administration (NEA), China’s solar energy capacity has touched 886.67 GW. China’s solar capacity This is far ahead of other nearby countries in Asia […] Read more
Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms Updated On Wed, Jan 22nd, 2025 by Saurenergy Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed the incentives released to Discoms for the financial years FY […] Read more
CleanMax Announces Financing For Onsite Solar Projects in UAE Updated On Wed, Jan 22nd, 2025 by Saurenergy Renewable energy company CleanMax today announced that it will obtain AED 99 Million (USD 27 Million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the UAE. Cleanmax is a renewable energy provider for the Commercial and Industrial (C&I) sector and a Brookfield-backed company. The facility will cover 92 onsite […] Read more
Solis launches First Hybrid Inverter In India Updated On Wed, Jan 22nd, 2025 by Saurenergy Leading global inverter brand and the No.1 rooftop inverter brand in India, Solis has announced the launch of its groundbreaking Hybrid Inverter series, the Solarator Series. With the launch, Solis completes the missing link in its India portfolio, where a hybrid offering was the only missing element so far. The name Solarator is a blend […] Read more
