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
Reliance Power Signs PPA With Green Digital, Bhutan Updated On Mon, May 19th, 2025 by Saurenergy Reliance Power Limited (Reliance Power),which is backed by the Anil Dhirubhai Ambani group , has signed commercial term sheet for long-term Power Purchase Agreement (PPA) with Green Digital Private Limited (GDL), owned by Druk Holding and Investments Limited (DHI), the investment arm of the Royal Government of Bhutan. The signing means a step forward for […] 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
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
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
Q4 Results: Tata Power Sees 25% Growth In Profit Updated On Wed, May 14th, 2025 by Saurenergy Tata Power on Wednesday reported a 25 percent year-on-year rise in consolidated net profit for the fourth quarter ended March 31, 2025, as strong operational momentum and higher energy demand boosted earnings. The company posted a net profit of ₹1,306.62 crore for Q4 FY25, compared to ₹1,045.59 crore in the same quarter last year. However, […] Read more
India Hits Historic 10 GW Solar Milestone In 4 Months Of 2025 Updated On Wed, May 14th, 2025 by Saurenergy India has achieved a new milestone in its renewable energy journey by adding more than 10 GW of solar capacity in the first four months of 2025, marking the highest-ever solar capacity addition during this period in the last five years. The latest data released by the Ministry of New and Renewable Energy (MNRE) and […] Read more
Zelestra Energy Gets Financing for 237 MW Solar Projects In Spain Updated On Wed, May 14th, 2025 by Saurenergy Spanish EPC and Renewable energy developer Zelestra has achieved financial close for a portfolio of six solar projects in Spain. The projects, adding upto 237 MW form the Belinchón and Brazatortas clusters in Spain. A total of 21 power purchase agreements (PPAs) along with a debt package of €146.6m has been sanctioned for the construction […] Read more