Category: All News

  • Freyr Energy Launches High-Performance Solar Inverters with SiC Technology

    Freyr Energy Launches High-Performance Solar Inverters with SiC Technology

    Freyr Energy, a residential rooftop solar company, has launched a new range of high-performance solar inverters, further strengthening its integrated rooftop solar ecosystem. An estimated 80 million to 100 million households in India need battery backup power systems to manage daily grid gaps, voltage drops, and heatwave blackouts. Researched and developed by Freyr Energy and manufactured by Zenergize, an EV charging and renewable energy solutions manufacturing company, the new inverter lineup uses next-generation Silicon Carbide (SiC) technology along with seamless digital monitoring and comprehensive after-sales support.

    The single-phase variants in 3 kW and 5 kW, which use eco-friendly and economical SiC technology, have been specifically designed for Indian homes and operating conditions. The Freyr Energy inverters deliver an industry-leading 97.8 percent conversion efficiency, enabling homeowners to maximise solar energy generation, improve overall system performance and reduce operational losses. The on-grid solar PV inverter efficiently converts the DC electricity generated by solar panels into a stable 230V single-phase AC output. With inbuilt smart features like Wi-Fi and Bluetooth connectivity, consumers can monitor system performance in real time through the Freyr Energy Solar App.

    Additional features include IP65 protection, integrated safety mechanisms that protect the inverter against short-circuit, overload, overheating, and surge conditions from lightning or voltage spikes, as well as MNRE approval, BIS certification, and a 10-year warranty and dependable long-term performance. Further, the self-cleaning technology, supported by a dust-resistant design, helps reduce dust accumulation and supports consistent performance with minimal maintenance requirements.

    Radhika Choudary, Co-Founder and Director, Freyr Energy, said, “India’s rooftop solar sector is undergoing a significant transformation. As the industry matures, we are seeing a clear shift in customer demand towards higher backup capacity. Therefore, with the aim of addressing persistent customer challenges such as energy losses, fragmented monitoring, and weather-related performance concerns, Freyr Energy has launched high-performance solar inverters. During periods of low solar generation, such as cloudy conditions or reduced sunlight availability, the inverter continuously tracks the optimum voltage and current from the solar panels using Maximum Power Point Tracking (MPPT) technology to maximise energy generation under changing weather conditions. The inverter seamlessly synchronises with the utility grid by matching its voltage, frequency and phase, enabling surplus solar power to be exported whenever available. During periods of low solar generation, it automatically switches to grid power, ensuring uninterrupted and reliable energy supply in urban as well as rural regions.”

    Looking ahead, the trajectory of rooftop solar in India appears closely tied to how quickly costs can be rationalised and ecosystem gaps addressed. With an increasing number of residential installations across the country, India’s rooftop solar market is witnessing significant momentum, driven by rising electricity demand, growing consumer awareness, and government initiatives such as the PM Surya Ghar: Muft Bijli Yojana. As India progresses towards its target to achieve a total solar capacity of 280 GW by 2030, Freyr Energy remains committed to delivering high-quality, technology-driven solar solutions to enable Indian consumers to transition to solar energy efficiently.

  • Freyr Energy Launches High-Performance Solar Inverters with SiC Technology

    Freyr Energy Launches High-Performance Solar Inverters with SiC Technology

    Freyr Energy, a residential rooftop solar company, has launched a new range of high-performance solar inverters, further strengthening its integrated rooftop solar ecosystem. An estimated 80 million to 100 million households in India need battery backup power systems to manage daily grid gaps, voltage drops, and heatwave blackouts. Researched and developed by Freyr Energy and manufactured by Zenergize, an EV charging and renewable energy solutions manufacturing company, the new inverter lineup uses next-generation Silicon Carbide (SiC) technology along with seamless digital monitoring and comprehensive after-sales support.

    The single-phase variants in 3 kW and 5 kW, which use eco-friendly and economical SiC technology, have been specifically designed for Indian homes and operating conditions. The Freyr Energy inverters deliver an industry-leading 97.8 percent conversion efficiency, enabling homeowners to maximise solar energy generation, improve overall system performance and reduce operational losses. The on-grid solar PV inverter efficiently converts the DC electricity generated by solar panels into a stable 230V single-phase AC output. With inbuilt smart features like Wi-Fi and Bluetooth connectivity, consumers can monitor system performance in real time through the Freyr Energy Solar App.

    Additional features include IP65 protection, integrated safety mechanisms that protect the inverter against short-circuit, overload, overheating, and surge conditions from lightning or voltage spikes, as well as MNRE approval, BIS certification, and a 10-year warranty and dependable long-term performance. Further, the self-cleaning technology, supported by a dust-resistant design, helps reduce dust accumulation and supports consistent performance with minimal maintenance requirements.

    Radhika Choudary, Co-Founder and Director, Freyr Energy, said, “India’s rooftop solar sector is undergoing a significant transformation. As the industry matures, we are seeing a clear shift in customer demand towards higher backup capacity. Therefore, with the aim of addressing persistent customer challenges such as energy losses, fragmented monitoring, and weather-related performance concerns, Freyr Energy has launched high-performance solar inverters. During periods of low solar generation, such as cloudy conditions or reduced sunlight availability, the inverter continuously tracks the optimum voltage and current from the solar panels using Maximum Power Point Tracking (MPPT) technology to maximise energy generation under changing weather conditions. The inverter seamlessly synchronises with the utility grid by matching its voltage, frequency and phase, enabling surplus solar power to be exported whenever available. During periods of low solar generation, it automatically switches to grid power, ensuring uninterrupted and reliable energy supply in urban as well as rural regions.”

    Looking ahead, the trajectory of rooftop solar in India appears closely tied to how quickly costs can be rationalised and ecosystem gaps addressed. With an increasing number of residential installations across the country, India’s rooftop solar market is witnessing significant momentum, driven by rising electricity demand, growing consumer awareness, and government initiatives such as the PM Surya Ghar: Muft Bijli Yojana. As India progresses towards its target to achieve a total solar capacity of 280 GW by 2030, Freyr Energy remains committed to delivering high-quality, technology-driven solar solutions to enable Indian consumers to transition to solar energy efficiently.

  • Freyr Energy Launches High-Performance Solar Inverters with SiC Technology

    Freyr Energy Launches High-Performance Solar Inverters with SiC Technology

    Freyr Energy, a residential rooftop solar company, has launched a new range of high-performance solar inverters, further strengthening its integrated rooftop solar ecosystem. An estimated 80 million to 100 million households in India need battery backup power systems to manage daily grid gaps, voltage drops, and heatwave blackouts. Researched and developed by Freyr Energy and manufactured by Zenergize, an EV charging and renewable energy solutions manufacturing company, the new inverter lineup uses next-generation Silicon Carbide (SiC) technology along with seamless digital monitoring and comprehensive after-sales support.

    The single-phase variants in 3 kW and 5 kW, which use eco-friendly and economical SiC technology, have been specifically designed for Indian homes and operating conditions. The Freyr Energy inverters deliver an industry-leading 97.8 percent conversion efficiency, enabling homeowners to maximise solar energy generation, improve overall system performance and reduce operational losses. The on-grid solar PV inverter efficiently converts the DC electricity generated by solar panels into a stable 230V single-phase AC output. With inbuilt smart features like Wi-Fi and Bluetooth connectivity, consumers can monitor system performance in real time through the Freyr Energy Solar App.

    Additional features include IP65 protection, integrated safety mechanisms that protect the inverter against short-circuit, overload, overheating, and surge conditions from lightning or voltage spikes, as well as MNRE approval, BIS certification, and a 10-year warranty and dependable long-term performance. Further, the self-cleaning technology, supported by a dust-resistant design, helps reduce dust accumulation and supports consistent performance with minimal maintenance requirements.

    Radhika Choudary, Co-Founder and Director, Freyr Energy, said, “India’s rooftop solar sector is undergoing a significant transformation. As the industry matures, we are seeing a clear shift in customer demand towards higher backup capacity. Therefore, with the aim of addressing persistent customer challenges such as energy losses, fragmented monitoring, and weather-related performance concerns, Freyr Energy has launched high-performance solar inverters. During periods of low solar generation, such as cloudy conditions or reduced sunlight availability, the inverter continuously tracks the optimum voltage and current from the solar panels using Maximum Power Point Tracking (MPPT) technology to maximise energy generation under changing weather conditions. The inverter seamlessly synchronises with the utility grid by matching its voltage, frequency and phase, enabling surplus solar power to be exported whenever available. During periods of low solar generation, it automatically switches to grid power, ensuring uninterrupted and reliable energy supply in urban as well as rural regions.”

    Looking ahead, the trajectory of rooftop solar in India appears closely tied to how quickly costs can be rationalised and ecosystem gaps addressed. With an increasing number of residential installations across the country, India’s rooftop solar market is witnessing significant momentum, driven by rising electricity demand, growing consumer awareness, and government initiatives such as the PM Surya Ghar: Muft Bijli Yojana. As India progresses towards its target to achieve a total solar capacity of 280 GW by 2030, Freyr Energy remains committed to delivering high-quality, technology-driven solar solutions to enable Indian consumers to transition to solar energy efficiently.

  • Freyr Energy Launches High-Performance Solar Inverters with SiC Technology

    Freyr Energy, a residential rooftop solar company, has launched a new range of high-performance solar inverters, further strengthening its integrated rooftop solar ecosystem. An estimated 80 million to 100 million households in India need battery backup power systems to manage daily grid gaps, voltage drops, and heatwave blackouts. Researched and developed by Freyr Energy and manufactured by Zenergize, an EV charging and renewable energy solutions manufacturing company, the new inverter lineup uses next-generation Silicon Carbide (SiC) technology along with seamless digital monitoring and comprehensive after-sales support.

    The single-phase variants in 3 kW and 5 kW, which use eco-friendly and economical SiC technology, have been specifically designed for Indian homes and operating conditions. The Freyr Energy inverters deliver an industry-leading 97.8 percent conversion efficiency, enabling homeowners to maximise solar energy generation, improve overall system performance and reduce operational losses. The on-grid solar PV inverter efficiently converts the DC electricity generated by solar panels into a stable 230V single-phase AC output. With inbuilt smart features like Wi-Fi and Bluetooth connectivity, consumers can monitor system performance in real time through the Freyr Energy Solar App.

    Additional features include IP65 protection, integrated safety mechanisms that protect the inverter against short-circuit, overload, overheating, and surge conditions from lightning or voltage spikes, as well as MNRE approval, BIS certification, and a 10-year warranty and dependable long-term performance. Further, the self-cleaning technology, supported by a dust-resistant design, helps reduce dust accumulation and supports consistent performance with minimal maintenance requirements.

    Radhika Choudary, Co-Founder and Director, Freyr Energy, said, “India’s rooftop solar sector is undergoing a significant transformation. As the industry matures, we are seeing a clear shift in customer demand towards higher backup capacity. Therefore, with the aim of addressing persistent customer challenges such as energy losses, fragmented monitoring, and weather-related performance concerns, Freyr Energy has launched high-performance solar inverters. During periods of low solar generation, such as cloudy conditions or reduced sunlight availability, the inverter continuously tracks the optimum voltage and current from the solar panels using Maximum Power Point Tracking (MPPT) technology to maximise energy generation under changing weather conditions. The inverter seamlessly synchronises with the utility grid by matching its voltage, frequency and phase, enabling surplus solar power to be exported whenever available. During periods of low solar generation, it automatically switches to grid power, ensuring uninterrupted and reliable energy supply in urban as well as rural regions.”

    Looking ahead, the trajectory of rooftop solar in India appears closely tied to how quickly costs can be rationalised and ecosystem gaps addressed. With an increasing number of residential installations across the country, India’s rooftop solar market is witnessing significant momentum, driven by rising electricity demand, growing consumer awareness, and government initiatives such as the PM Surya Ghar: Muft Bijli Yojana. As India progresses towards its target to achieve a total solar capacity of 280 GW by 2030, Freyr Energy remains committed to delivering high-quality, technology-driven solar solutions to enable Indian consumers to transition to solar energy efficiently.

  • CRISIL Upgrades Premier Energies’ Long-Term Credit Rating to ‘A+/Positive’

    CRISIL Upgrades Premier Energies’ Long-Term Credit Rating to ‘A+/Positive’

    Premier Energies Limited has received a one-notch credit rating upgrade for its long-term credit rating to A+/Positive from A/Positive from CRISIL Ratings Limited. The company’s short-term rating stands unchanged at A1.

    The rating upgrade reflects Premier Energies’ strengthening business and financial profile, supported by its robust operating performance, disciplined execution and expansion of integrated manufacturing capabilities.

    The upgrade follows a strong start to FY27. In Q1 FY27, Premier Energies reported total revenue of ₹25,076 million, up 34.1% YoY; EBITDA of ₹7,594 million, up 27.2% YoY with a margin of 30.3%; and PAT of ₹4,719 million, up 53.3% YoY. During the quarter, the Company produced 844 MW of solar cells, 953 MW of solar modules and 570 MVA of transformers.

    The Company also secured orders worth ₹3,011 crore during Q1 FY27, comprising 1,846 MW of solar cells and modules, with deliveries scheduled across FY27 and FY28, providing strong business visibility. The orders came from a mix of leading power producers, module manufacturers, EPC companies and other customers.

    Commenting on the rating upgrade, Mr. Nand Kishore Khandelwal, Group CFO, Premier Energies Limited, said: “The credit rating upgrade reflects the continued strengthening of Premier Energies’ business fundamentals and our disciplined approach to growth. As we expand our integrated manufacturing capabilities, our focus remains on technology leadership, operational excellence and prudent financial management. We remain committed to building a globally competitive clean-energy manufacturing platform in India and contributing to the country’s Make in India and energy security objectives.”

    Premier Energies recently inaugurated its 5.6 GW Seetharampur module manufacturing facility, one of India’s most advanced module manufacturing plants, equipped with automation capable of producing four modules every 16 seconds. The Company is also making significant progress on its 7 GW solar cell manufacturing facility at Naidupeta, further strengthening its domestic manufacturing capabilities and integrated solar manufacturing footprint.

  • CRISIL Upgrades Premier Energies’ Long-Term Credit Rating to ‘A+/Positive’

    CRISIL Upgrades Premier Energies’ Long-Term Credit Rating to ‘A+/Positive’

    Premier Energies Limited has received a one-notch credit rating upgrade for its long-term credit rating to A+/Positive from A/Positive from CRISIL Ratings Limited. The company’s short-term rating stands unchanged at A1.

    The rating upgrade reflects Premier Energies’ strengthening business and financial profile, supported by its robust operating performance, disciplined execution and expansion of integrated manufacturing capabilities.

    The upgrade follows a strong start to FY27. In Q1 FY27, Premier Energies reported total revenue of ₹25,076 million, up 34.1% YoY; EBITDA of ₹7,594 million, up 27.2% YoY with a margin of 30.3%; and PAT of ₹4,719 million, up 53.3% YoY. During the quarter, the Company produced 844 MW of solar cells, 953 MW of solar modules and 570 MVA of transformers.

    The Company also secured orders worth ₹3,011 crore during Q1 FY27, comprising 1,846 MW of solar cells and modules, with deliveries scheduled across FY27 and FY28, providing strong business visibility. The orders came from a mix of leading power producers, module manufacturers, EPC companies and other customers.

    Commenting on the rating upgrade, Mr. Nand Kishore Khandelwal, Group CFO, Premier Energies Limited, said: “The credit rating upgrade reflects the continued strengthening of Premier Energies’ business fundamentals and our disciplined approach to growth. As we expand our integrated manufacturing capabilities, our focus remains on technology leadership, operational excellence and prudent financial management. We remain committed to building a globally competitive clean-energy manufacturing platform in India and contributing to the country’s Make in India and energy security objectives.”

    Premier Energies recently inaugurated its 5.6 GW Seetharampur module manufacturing facility, one of India’s most advanced module manufacturing plants, equipped with automation capable of producing four modules every 16 seconds. The Company is also making significant progress on its 7 GW solar cell manufacturing facility at Naidupeta, further strengthening its domestic manufacturing capabilities and integrated solar manufacturing footprint.

  • CRISIL Upgrades Premier Energies’ Long-Term Credit Rating to ‘A+/Positive’

    CRISIL Upgrades Premier Energies’ Long-Term Credit Rating to ‘A+/Positive’

    Premier Energies Limited has received a one notch credit rating upgrade for its long-term credit rating to A+/Positive from A/Positive from CRISIL Ratings Limited. The company’s short-term rating stands unchanged at A1.

    The rating upgrade reflects Premier Energies’ strengthening business and financial profile, supported by its robust operating performance, disciplined execution and expansion of integrated manufacturing capabilities.

    The upgrade follows a strong start to FY27. In Q1 FY27, Premier Energies reported total revenue of ₹25,076 million, up 34.1% YoY; EBITDA of ₹7,594 million, up 27.2% YoY with a margin of 30.3%; and PAT of ₹4,719 million, up 53.3% YoY. During the quarter, the Company produced 844 MW of solar cells, 953 MW of solar modules and 570 MVA of transformers.

    The Company also secured orders worth ₹3,011 crore during Q1 FY27, comprising 1,846 MW of solar cells and modules, with deliveries scheduled across FY27 and FY28, providing strong business visibility. The orders came from a mix of leading power producers, module manufacturers, EPC companies and other customers.

    Commenting on the rating upgrade, Mr. Nand Kishore Khandelwal, Group CFO, Premier Energies Limited, said: “The credit rating upgrade reflects the continued strengthening of Premier Energies’ business fundamentals and our disciplined approach to growth. As we expand our integrated manufacturing capabilities, our focus remains on technology leadership, operational excellence and prudent financial management. We remain committed to building a globally competitive clean-energy manufacturing platform in India and contributing to the country’s Make in India and energy security objectives.”

    Premier Energies recently inaugurated its 5.6 GW Seetharampur module manufacturing facility, one of India’s most advanced module manufacturing plants, equipped with automation capable of producing four modules every 16 seconds. The Company is also making significant progress on its 7 GW solar cell manufacturing facility at Naidupeta, further strengthening its domestic manufacturing capabilities and integrated solar manufacturing footprint.

  • CRISIL Upgrades Premier Energies’ Long-Term Credit Rating to ‘A+/Positive’

    Premier Energies Limited has received a one notch credit rating upgrade for its long-term credit rating to A+/Positive from A/Positive from CRISIL Ratings Limited. The company’s short-term rating stands unchanged at A1.

    The rating upgrade reflects Premier Energies’ strengthening business and financial profile, supported by its robust operating performance, disciplined execution and expansion of integrated manufacturing capabilities.

    The upgrade follows a strong start to FY27. In Q1 FY27, Premier Energies reported total revenue of ₹25,076 million, up 34.1% YoY; EBITDA of ₹7,594 million, up 27.2% YoY with a margin of 30.3%; and PAT of ₹4,719 million, up 53.3% YoY. During the quarter, the Company produced 844 MW of solar cells, 953 MW of solar modules and 570 MVA of transformers.

    The Company also secured orders worth ₹3,011 crore during Q1 FY27, comprising 1,846 MW of solar cells and modules, with deliveries scheduled across FY27 and FY28, providing strong business visibility. The orders came from a mix of leading power producers, module manufacturers, EPC companies and other customers.

    Commenting on the rating upgrade, Mr. Nand Kishore Khandelwal, Group CFO, Premier Energies Limited, said: “The credit rating upgrade reflects the continued strengthening of Premier Energies’ business fundamentals and our disciplined approach to growth. As we expand our integrated manufacturing capabilities, our focus remains on technology leadership, operational excellence and prudent financial management. We remain committed to building a globally competitive clean-energy manufacturing platform in India and contributing to the country’s Make in India and energy security objectives.”

    Premier Energies recently inaugurated its 5.6 GW Seetharampur module manufacturing facility, one of India’s most advanced module manufacturing plants, equipped with automation capable of producing four modules every 16 seconds. The Company is also making significant progress on its 7 GW solar cell manufacturing facility at Naidupeta, further strengthening its domestic manufacturing capabilities and integrated solar manufacturing footprint.

  • RECPDCL Handed Over Vizag Power Transmission Limited to Adani Energy Solutions Limited

    RECPDCL Handed Over Vizag Power Transmission Limited to Adani Energy Solutions Limited

    REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Vizag Power Transmission Limited, the project-specific Special Purpose Vehicle (SPV), to the successful bidder, M/s Adani Energy Solutions Limited, on 14 August, 2026.

    M/s Adani Energy Solutions Limited emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of inter-state transmission project “Transmission System for Proposed Green Hydrogen / Green Ammonia projects in Vizag area, Andhra Pradesh (Phase-I)” on a Build, Own, Operate and Transfer (BOOT) basis.

    The SPV was handed over by Sh. Rajkumar Sonkar, HoD (CS), RECPDCL to Mr. Shashank Sharma, CBDO, Adani Energy Solutions Limited, in the presence of Shri Ratnesh Kumar, GM (Engg.) and other senior officials from RECPDCL, Adani Energy Solutions Limited and Central Transmission Utility of India Limited.

    The transmission project broadly envisages establishment of 4×1500 MVA, 765/400 kV Pendurthi GIS substation and 3×1500, 765/400 kV Khammam-II substation, 765 kV D/c Line from Pendurthi to Srikakulam (226 km), Khammam-II to Warangal New (153 km), Khammam-II to Pendurthi (338 km), 400 D/c line Khammam-II to Khammam (existing) (60 km) along with associated works. The project implementation schedule is 30 months at an estimated cost of Rs. 8,386 crores.

  • RECPDCL Handed Over Vizag Power Transmission Limited to Adani Energy Solutions Limited

    RECPDCL Handed Over Vizag Power Transmission Limited to Adani Energy Solutions Limited

    REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, a Maharatna CPSU under the Ministry of Power, handed over Vizag Power Transmission Limited, the project-specific Special Purpose Vehicle (SPV), to the successful bidder, M/s Adani Energy Solutions Limited, on 14 August, 2026.

    M/s Adani Energy Solutions Limited emerged as the successful bidder through the Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of inter-state transmission project “Transmission System for Proposed Green Hydrogen / Green Ammonia projects in Vizag area, Andhra Pradesh (Phase-I)” on a Build, Own, Operate and Transfer (BOOT) basis.

    The SPV was handed over by Sh. Rajkumar Sonkar, HoD (CS), RECPDCL to Mr. Shashank Sharma, CBDO, Adani Energy Solutions Limited, in the presence of Shri Ratnesh Kumar, GM (Engg.) and other senior officials from RECPDCL, Adani Energy Solutions Limited and Central Transmission Utility of India Limited.

    The transmission project broadly envisages establishment of 4×1500 MVA, 765/400 kV Pendurthi GIS substation and 3×1500, 765/400 kV Khammam-II substation, 765 kV D/c Line from Pendurthi to Srikakulam (226 km), Khammam-II to Warangal New (153 km), Khammam-II to Pendurthi (338 km), 400 D/c line Khammam-II to Khammam (existing) (60 km) along with associated works. The project implementation schedule is 30 months at an estimated cost of Rs. 8,386 crores.