ENGIE India Targets 7 GW utility Scale Portfolio by 2030 Updated On Tue, Jan 7th, 2025 by Saurenergy In this interview with SaurEnergy, Amit Jain, Managing Director India & South East Asia for ENGIE, the French Multinational Power giant. ENGIE India has been present in the country for a decade now, and looking to play a key role in the country’s transition to a greener grid. The company stands out for its focus […] Read more
Green Stocks Jan 6: Green Stocks Roll Over as Broader Market Slumps Updated On Mon, Jan 6th, 2025 by Saurenergy Read more
Green Stocks Jan 6: Green Stocks Roll Over as Broader Market Slumps Updated On Mon, Jan 6th, 2025 by Saurenergy In possibly one of the toughest market days in the past 12 months, all green energy stocks in our basket faced pressure today, with most coming out badly from the selling spree. With a majority belonging to the small-cap and mid-cap space, which was particularly hard hit, the damage is all too visible. And so […] Read more
CERC Gives Jolt To Shirdi Sai Electricals Over Bank Guarantee Row Updated On Mon, Jan 6th, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, has rejected Indosol Solar’s plea for immunity from furnishing a connectivity bank guarantee. Indosol Solar is a Special Purpose Vehicle (SPV) of Shirdi Sai Electricals. Shirdi Sai Electricals is one of the winners of India’s Production-Linked Incentives (PLI). The central electricity regulator issued the order […] Read more
H1 2024-25: Insolation Energy Sales Surge 118% To Rs. 928.34 Cr Updated On Mon, Jan 6th, 2025 by Saurenergy Rajasthan-based Solar module manufacturer Insolation Energy, in its consolidated performance update for the nine months ended on 31st December 2024, secured consolidated provisional sales of Rs. 928.34 crores, marking a significant increase from Rs. 482.5 crores during the same period ended 31st December 2023. As a firm listed on the BSE SME board, reporting obligations […] Read more
CEA’s CO2 Baseline Database- Impact of RE On Indian Grid Emissions Intensity Updated On Mon, Jan 6th, 2025 by Saurenergy The Central Electricity Authority (CEA) under the Ministry of Power, Government of India, has published the latest “CO2 Baseline Database for the Indian Power Sector, Version 20.0” in December 2024. The CDM tool, “Tool to Calculate the Emission Factor for an Electricity System” (Version 7.0), was used for the calculations. The calculations are based on […] Read more
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
