India’s Solar Future Faces Climate Challenge, Says IIT-Delhi Study Updated On Tue, Nov 5th, 2024 by Saurenergy India’s rapid solar energy expansion aims to power its climate commitments, yet new research reveals that climate change could pose significant challenges to the nation’s solar potential. A study from IIT Delhi (Dr. Sushovan Ghosh, Prof. Dilip Ganguly, Prof.Sagnik Dey, Mr.Subhojit Ghoshal Chowdhury), published in Environmental Research Letters (https://doi.org/10.1088/1748-9326/ad8c68), examines India’s photovoltaic (PV) potential through […] Read more
Green Energy Developer Acme Solar’s IPO To Open On Wednesday, Nov 6 Updated On Mon, Nov 4th, 2024 by Saurenergy ACME Solar Holdings Limited’s Initial Public Offering will open on Wednesday, November 06. The company has set a price band at ₹275/- to ₹289/- per Equity Share, indicating final pricing in all probability at Rs 289 for each share with a face value of Rs 2 , considering the high demand for green developers. RHP […] Read more
Bridgeway Power Launches First Virtual Net Metering Solar Plant In Delhi Updated On Mon, Nov 4th, 2024 by Saurenergy Bridgeway Power, a residential and commercial solar installation company, recently installed the first Virtual Net Metering (VNM) solar plant under BRPL (BSES Rajdhani Power Limited) of 21.60kW capacity in Delhi. This project has opened new avenues for energy sharing and cost savings across multiple locations. The project uses a bi-facial panels and micro-inverter technology. VNM […] Read more
Indian Solar Cell Production Set To Expand But Challenges Galore Updated On Wed, Oct 30th, 2024 by Saurenergy Indian solar manufacturing industry is now under transition. While currently, a handful of solar cell makers are into the production of solar cells, the numbers are set to expand. A number of existing solar module manufacturing companies have now planned to add new solar cell production lines in the next two to three years. This […] Read more
IFC Partners With ACWA Power to Support Uzbekistan’s Energy Transition Updated On Wed, Oct 30th, 2024 by Saurenergy IFC announced today a $240 million Islamic Equity Bridge Loan (EBL) financing for ACWA Power to support the development of Uzbekistan’s renewable energy sector on the sidelines of the 8th Future Investment Institute conference at Riyadh in Saudi Arabia. IFC’s financing will support the construction and operation of two projects, with a cumulative capacity of […] Read more
AMPIN, Varroc Partner For Another Maharashtra Solar Project Updated On Mon, Oct 28th, 2024 by Saurenergy New Delhi-based renewable energy company AMPIN Energy Transition, today signed a transaction document with Varroc group for an additional 27 MWp solar power project in Maharashtra. This order follows the implementation of AMPIN’s initial solar projects in Maharashtra, Karnataka, Uttar Pradesh & Tamil Nadu. This new PPA marks a repeat order from Varroc Group, highlighting […] Read more
Public Capital and Solar Firms- Made For Each Other? Updated On Mon, Oct 28th, 2024 by Saurenergy What a difference four years can make! It was just over four years ago in September 2020 when SaurEnergy wrote about how access to capital markets was a glaring disadvantage for India’s aspiring solar firms vis-a-vis China. Highlighting the contrasting performances of the few listed firms then, namely, Adani Green (Developer), Sterling and Wilson Solar […] Read more
Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy Updated On Mon, Oct 28th, 2024 by Saurenergy Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […] Read more
Sunora Solar Partners With Gujarat Giants For Pro Kabaddi League Updated On Fri, Oct 25th, 2024 by Saurenergy Sunora Solar and the Gujarat Giants have formally joined forces for Pro Kabaddi League Season 11! This partnership aims to assist one of the league’s teams and promote renewable energy. Sunora Solar stands with the Gujarat Giants as they get ready to show their prowess on the kabaddi court, advocating for a sustainable future driven […] Read more