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
Himachal CM Announces Installation Of Solar Project In Kaza Updated On Mon, Jan 6th, 2025 by Saurenergy Himachal Pradesh (HP) Chief Minister Thakur Sukhvinder Singh Sukhu recently announced the installation of a 2 MW solar power plant in the state to improve the power supply in the tribal region of Kaza. He said that within a few months, the plant would be fully operational with the addition of a 1 MWh battery […] Read more
Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity Updated On Sun, Jan 5th, 2025 by Saurenergy Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […] Read more
NTPC REL Bags UPPCL’s 1 GW Solar Project At Rs. 2.56/kWh Updated On Sun, Jan 5th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), an NTPC Limited subsidiary, emerged as the successful bidder in the Uttar Pradesh Power Corporation Limited (UPPCL’s) e-reverse auction. Out of the initial tender to select solar power developers for 2000 MW ISTS-connected solar PV power projects, NTPC REL secured a 1,000 MW capacity at a tariff rate of […] 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
Alpex Solar Ropes In Rahul Dravid As Its Brand Ambassador Updated On Fri, Jan 3rd, 2025 by Saurenergy Indian solar module manufacturer Alpex Solar Ltd has announced the onboarding of Indian cricketing legend Rahul Dravid as its first-ever brand ambassador. Dravid, a former captain and head coach of the Indian national cricket team, joins Alpex Solar at a time when several solar companies are leveraging cricketers to boost awareness about clean energy and […] Read more
SECI Issues Tender For 10 MW Floating Solar Project In Telangana Updated On Fri, Jan 3rd, 2025 by Saurenergy The Solar Energy Corporation of India (SECI) recently released a tender to build a 10 MW Floating Solar Project (FSPV) at Singareni Thermal Power Project (STPP), Telangana. Bidders are expected to submit their bids by January 23, 2025. Singareni Collieries Company Limited (SCCL) is a government coal mining company jointly owned by the Government of […] Read more
Oswal Pumps Set To Ride Solar Boom With IPO Nod Updated On Fri, Jan 3rd, 2025 by Saurenergy The Securities and Exchange Board of India (SEBI) has approved the issuance of an Initial Public Offering (IPO) by Oswal Pumps. This move paves the way for the Karnal-based solar pump company to enter the stock market. The approval comes at a time when several solar companies and solar pump manufacturers have already entered the […] Read more
