December 2024: DAM Prices Dip 14% YoY, Avg RE Prices At Rs 3.92/unit Updated On Mon, Jan 6th, 2025 by Saurenergy Indian Energy Exchange (IEX), achieved its highest-ever monthly electricity traded volume of 11,132 MU in December’24, marking a 29% increase on a year-on-year (YoY) basis. During the month, IEX traded 16.62 lakh renewable energy certificates recording a 58% year-on-year increase. For December 2024, the Market Clearing Price in the Day Ahead Market was Rs. 3.89/unit, […] Read more
MNRE Blacklists Solar Firm For Not Developing Solar Park Updated On Mon, Jan 6th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has blacklisted a solar company for allegedly receiving government funds without developing a proposed solar park. The case pertains to a proposed solar park in Maharashtra. According to the ministry, MNRE had, in principle, approved the company’s plan to establish a 500 MW solar park in Maharashtra […] Read more
Solar Manufacturing in Bihar? Group Surya Has A Plan Updated On Mon, Jan 6th, 2025 by Saurenergy Bhubaneswar, Odisha-based Group Surya has announced plans to invest upto Rs 1000 crores in a solar module and cell-manufacturing plant, besides projects in renewable energy. Founded by Kamlesh Kumar Singh, the group has a diverse range of companies such as Surya International Enterprise Pvt. Ltd and Suryam International Pvt. Ltd. The company also has a […] Read more
Oswal Pumps Set To Ride Solar Boom With IPO Nod Updated On Fri, Jan 3rd, 2025 by Saurenergy Read more
CRETA Electric Becomes First Localised Electric SUV For Hyundai Updated On Fri, Jan 3rd, 2025 by Saurenergy Hyundai Motor India Limited (HMIL) has now revealed its Hyundai CRETA Electric. The company said that the electric SUV combines bold design, cutting-edge technology, and unparalleled safety to set new benchmarks in India’s EV market. Speaking about the Hyundai CRETA Electric, Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India Limited, said, “The […] Read more
Green Stocks Jan 3: As Market Gives Up Gains, Green Stocks Struggle As Well Updated On Fri, Jan 3rd, 2025 by Saurenergy After yesterday’s strong show, it was time for a dose of reality, as the Nifty gave up some of its gains today. For Green Energy stocks as well, it was a similar story, with KPI Green correcting over 3%, with only Shakti Pumps (up over 4%) and Acme Solar clocking any notable gains. For others, […] Read more
Maharashtra Chemical Firm Experiments With Corrosion-Resistant Solar Plant Updated On Fri, Jan 3rd, 2025 by Saurenergy Renewable energy company Ohms Energy has implemented a groundbreaking solution at Scottish Chemical Industries’ factory in Taloja, Maharashtra, by installing a first-of-its-kind 300 kWp solar plant designed to withstand highly corrosive conditions. This innovative project marks a significant milestone in renewable energy adoption within challenging industrial environments, delivering cost savings and reducing carbon emissions for […] Read more
SECI Proposes, CERC Disposes- JSW Energy’s 500 MW BESS Tender In Trouble Updated On Fri, Jan 3rd, 2025 by Saurenergy In a blow to JSW Energy’s BESS plans, the tender it won for SECI’s 500 MW/1000 MWh standalone battery energy storage systems has failed to pass muster with CERC. On plea to adopt the tariffs for the said tender, won by JSW Energy at Rs 10.88/unit after due process, the CERC pointed to the inexplicably […] Read more
Sungrow Aims For Large Share Of Residential, Storage Segments in 2025 Updated On Thu, Jan 2nd, 2025 by Saurenergy Read more
