Author: Saur News Bureau

H1 2024-25: Insolation Energy Sales Surge 118% To Rs. 928.34 Cr

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 […]

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CEA’s CO2 Baseline Database- Impact of RE On Indian Grid Emissions Intensity

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 […]

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December 2024: DAM Prices Dip 14% YoY, Avg RE Prices At Rs 3.92/unit

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, […]

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MNRE Blacklists Solar Firm For Not Developing Solar Park

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 […]

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Solar Manufacturing in Bihar? Group Surya Has A Plan

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 […]

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CRETA Electric Becomes First Localised Electric SUV For Hyundai

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 […]

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