Latest news with #RenewX
Business Standard
28-04-2025
- Business
- Business Standard
Saatvik Green Energy Limited showcases Advanced Solar Manufacturing Solutions at RenewX 2025 in Chennai
VMPL New Delhi [India], April 28: Saatvik Green Energy Limited (SGEL), one of India's fastest growing module manufacturing companies, participated in RenewX 2025 from April 23-25 at the Chennai Trade Centre, Nandambakkam. The Company is one of the fastest growing module manufacturing companies in India and has established itself as one of the key players in India's solar energy market. The Company offers modules based on polycrystalline cell technology, monocrystalline cell technology, bifacial technology, M12 technology and advanced Tunnel Oxide Passivated Contact ("TopCon") technology which helps reduce energy loss and enhances overall efficiency. At RenewX, Saatvik showcased its N-TopCon and N- TopCon G12R solar modules, available in monofacial and bifacial options, suited for residential, commercial, and utility-scale projects. The company also highlighted its turnkey EPC capabilities, which include engineering, procurement, construction, and operations & maintenance services for ground-mounted and rooftop solar installations. Saatvik Solar is one of India's leading module manufacturers, in terms of operational solar PV module manufacturing capacity, with an operational capacity of approximately 3.8 GW modules as of February 28, 2025. The Company currently operates three module manufacturing facilities in Ambala, Haryana spread across a total land area of 724,225 square feet, which together form one of the largest single location module manufacturing facilities in India. Speaking on the company's participation, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited, said, "RenewX offered a vital platform to engage with the fast-growing South Indian solar market. As Tamil Nadu continues to lead in renewable energy adoption, Saatvik was excited to showcase its solar modules and EPC strength." The Company has one of the most diversified client bases in the industry with presence in various segments (large utility, commercial and industrial, Open access, residential rooftop, solar pump) and across geographies (selling in all parts of India, North America, Africa and South Asia). Saatvik's Participation Highlights: * Presented N-TopCon modules for diverse applications. * Displaying Saatvik's expertise in executing EPC projects * Engaged with EPC players, industrial buyers, and developers across Tamil Nadu, Andhra Pradesh, Karnataka, and Kerala, and Telangana. The Company is one of the early adopters of new technology like N-type Topcon and Mono PERC in India. The Company recently launched G12R based Topcon modules and has started commercial production from January 2024. The Company is one of the first movers in the industry. The Company also offers end-to-end solutions through its Engineering, Procurement, and Construction (EPC) arm. The Company is one of the leading EPC companies in India with 69.12 MW of installed EPC base in Fiscal 2024. The Company is one of the few integrated players with capabilities in O & M, EPC, module manufacturing and is now planning to set up a cell manufacturing facility and solar pump manufacturing facility. The Company is one of the largest module manufacturers in North India, which is a lucrative market having high solar incidence area and proximity to states like Rajasthan and Madhya Pradesh. The Company had one of the highest capacity utilisation in Fiscal 2024 (more than 80%) whereas the normal industry utilization was around 60%. The Company commissioned a 61.42 MW floating solar power project at Ramagundam, Telangana in Fiscal 2023, which was one of India's largest floating solar power plants. The Company also commissioned a 12 MW installation for the Jindal Group under its EPC wing in Fiscal 2024, which was one of the largest single rooftop solar projects. About Saatvik Green Energy Limited Headquartered in Gurugram, Saatvik is one of India's leading module manufacturers, in terms of operational solar PV module manufacturing capacity, with an operational capacity of approximately 3.8 GW modules as of February 28, 2025. The company offers Mono PERC and N-TopCon modules, robust EPC services, and O & M capabilities. Its products cater to residential, commercial, industrial, and utility-scale segments with a focus on sustainability, reliability, and performance. Saatvik Green Energy Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offering of its equity shares and has filed a draft red herring prospectus dated March 13, 2025 ("DRHP") with the Securities and Exchange Board of India ("SEBI"). The DRHP is available on the website of SEBI at the Company at and the websites of the Book Running Lead Managers - DAM Capital Advisors Limited, Ambit Private Limited and Motilal Oswal Investment Advisors Limited at and respectively and the websites of BSE Limited and National Stock Exchange of India Limited at and respectively. Investors should note that investment in equity shares involves a high degree of risk and for details refer to the Red Herring Prospectus, including the section titled "Risk Factors" of the Red Herring Prospectus, when available. Potential investors should not rely on the DRHP for any investment decision. Media Contact Vineet Kumar Dhiman, Saatvik Solar | +91-9650043472 Ishank Garg, Adfactors PR | +91-9711035025 Supreet Ahuja, Adfactors PR | +91-9999202252 (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
Time of India
28-04-2025
- Business
- Time of India
Biogas sector gets ₹200 cr investment commitments at RenewX 2025: IBA
The biogas sector has received investment commitments of more than ₹200 crore at renewable energy exhibition RenewX 2025 , industry body Indian Biogas Association ( IBA ) said on Sunday. The three-day expo was held at the Chennai Trade Centre, Nandambakkam from April 23 to 25. The event, organised by Informa Markets, saw investment commitments of ₹200 crore through various MoUs (memorandum of understandings) in the biogas industry, IBA sid in a statement. RenewX brought together stakeholders from across the bioenergy, solar, wind, energy storage, and management sectors, offering a platform for strategic collaborations and progressive discussions. With a focus on bioenergy innovations, sustainable partnerships, and policy dialogue, the bioenergy sector attracted strong interest from industry, professionals, investors, and policymakers, the statement said. "This is the first time that we have showcased biogas sector capabilities in Chennai. Our interactions here have laid the groundwork for several new collaborations and have deepened interest in bioenergy solutions, especially in southern India," Gaurav Kedia, Chairman of IBA, said in the statement. IBA President A R Shukla noted, "RenewX 2025 showcased a unique blend of technology, grassroots innovation, and policy alignment. It is clear that bioenergy can play a pivotal role in reshaping India's energy future especially when supported by the right regulatory and financial ecosystem." Founded in 2011 and revitalised in 2015, the IBA has been at the forefront of advancing bioenergy solutions across India. Collaborating with international bodies like the German Biogas Association, IBA advocates for sustainable waste management and clean energy generation through biogas.
The Print
27-04-2025
- Business
- The Print
Biogas sector gets Rs 200 cr investment commitments at RenewX 2025: IBA
RenewX brought together stakeholders from across the bioenergy, solar, wind, energy storage, and management sectors, offering a platform for strategic collaborations and progressive discussions. The three-day expo was held at the Chennai Trade Centre, Nandambakkam from April 23 to 25. The event, organised by Informa Markets, saw investment commitments of Rs 200 crore through various MoUs (memorandum of understandings) in the biogas industry, IBA sid in a statement. New Delhi, Apr 27 (PTI) The biogas sector has received investment commitments of more than Rs 200 crore at renewable energy exhibition RenewX 2025, industry body Indian Biogas Association (IBA) said on Sunday. With a focus on bioenergy innovations, sustainable partnerships, and policy dialogue, the bioenergy sector attracted strong interest from industry, professionals, investors, and policymakers, the statement said. 'This is the first time that we have showcased biogas sector capabilities in Chennai. Our interactions here have laid the groundwork for several new collaborations and have deepened interest in bioenergy solutions, especially in southern India,' Gaurav Kedia, Chairman of IBA, said in the statement. IBA President A R Shukla noted, 'RenewX 2025 showcased a unique blend of technology, grassroots innovation, and policy alignment. It is clear that bioenergy can play a pivotal role in reshaping India's energy future especially when supported by the right regulatory and financial ecosystem.' Founded in 2011 and revitalised in 2015, the IBA has been at the forefront of advancing bioenergy solutions across India. Collaborating with international bodies like the German Biogas Association, IBA advocates for sustainable waste management and clean energy generation through biogas. PTI KKS HVA This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Time of India
27-04-2025
- Business
- Time of India
Biogas sector gets Rs 200 cr investment commitments at RenewX 2025: IBA
The biogas sector has received investment commitments of more than Rs 200 crore at renewable energy exhibition RenewX 2025 , industry body Indian Biogas Association ( IBA ) said on Sunday. The three-day expo was held at the Chennai Trade Centre, Nandambakkam from April 23 to 25. The event, organised by Informa Markets, saw investment commitments of Rs 200 crore through various MoUs (memorandum of understandings) in the biogas industry, IBA sid in a statement. RenewX brought together stakeholders from across the bioenergy, solar, wind, energy storage, and management sectors, offering a platform for strategic collaborations and progressive discussions. With a focus on bioenergy innovations, sustainable partnerships, and policy dialogue, the bioenergy sector attracted strong interest from industry, professionals, investors, and policymakers, the statement said. "This is the first time that we have showcased biogas sector capabilities in Chennai. Our interactions here have laid the groundwork for several new collaborations and have deepened interest in bioenergy solutions, especially in southern India," Gaurav Kedia, Chairman of IBA, said in the statement. IBA President A R Shukla noted, "RenewX 2025 showcased a unique blend of technology, grassroots innovation, and policy alignment. It is clear that bioenergy can play a pivotal role in reshaping India's energy future especially when supported by the right regulatory and financial ecosystem." Founded in 2011 and revitalised in 2015, the IBA has been at the forefront of advancing bioenergy solutions across India. Collaborating with international bodies like the German Biogas Association, IBA advocates for sustainable waste management and clean energy generation through biogas.
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Business Standard
27-04-2025
- Business
- Business Standard
Biogas sector gets Rs 200 crore investment commitments at RenewX 2025: IBA
The biogas sector has received investment commitments of more than Rs 200 crore at renewable energy exhibition RenewX 2025, industry body Indian Biogas Association (IBA) said on Sunday. The three-day expo was held at the Chennai Trade Centre, Nandambakkam from April 23 to 25. The event, organised by Informa Markets, saw investment commitments of Rs 200 crore through various MoUs (memorandum of understandings) in the biogas industry, IBA sid in a statement. RenewX brought together stakeholders from across the bioenergy, solar, wind, energy storage, and management sectors, offering a platform for strategic collaborations and progressive discussions. With a focus on bioenergy innovations, sustainable partnerships, and policy dialogue, the bioenergy sector attracted strong interest from industry, professionals, investors, and policymakers, the statement said. "This is the first time that we have showcased biogas sector capabilities in Chennai. Our interactions here have laid the groundwork for several new collaborations and have deepened interest in bioenergy solutions, especially in southern India," Gaurav Kedia, Chairman of IBA, said in the statement. IBA President A R Shukla noted, "RenewX 2025 showcased a unique blend of technology, grassroots innovation, and policy alignment. It is clear that bioenergy can play a pivotal role in reshaping India's energy future especially when supported by the right regulatory and financial ecosystem." Founded in 2011 and revitalised in 2015, the IBA has been at the forefront of advancing bioenergy solutions across India. Collaborating with international bodies like the German Biogas Association, IBA advocates for sustainable waste management and clean energy generation through biogas. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
