Insolation Energy Announces 3rd Manufacturing Plant In Jaipur Updated On Mon, Sep 16th, 2024 by Saurenergy Insolation Energy (INA Solar)has announced the ground breaking ceremony of its new state-of-the-art manufacturing facility, located on the Delhi-Ajmer Expressway in Sawarda, Jaipur, Rajasthan. This investment of Rs 400 crore is a part of the company’s effort to strengthen its position in India’s renewable energy sector and expand its production capacity. Post the expansion, Insolation’s […] Read more
India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL Updated On Wed, Aug 14th, 2024 by Saurenergy CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […] Read more
CRISIL Predicts Lower Thermal Share In Generation Next Fiscal Updated On Mon, Aug 12th, 2024 by Saurenergy CRISIL Ratings, in a sectoral report has predicted a drop of over 500 bps (basis points) in share of thermal plants in India’s power generation by next fiscal. The prediction is based on expectations of stronger addition of renewable energy (RE) capacities of as much as 50 GW over the next two years. These are expected […] Read more
Insolation Energy Reaps Gains With Record FY24 Numbers, Plans Expansion Updated On Mon, May 20th, 2024 by Saurenergy Rajasthan’s leading solar firm, Insolation Energy Limited (INA Solar), has announced impressive financial results for the fiscal year ending March 31, 2024. The company reported a turnover of Rs 741.32 crore, a substantial increase of 165% from the Rs 280.05 crore recorded in the previous fiscal year. Gross margins surged by 237%, reaching Rs 111.65 crore […] Read more
Insolation Energy- Soaring Market Cap Delivers Stunning Returns Updated On Fri, Apr 12th, 2024 by Saurenergy Jaipur-based Insolation Energy Limited ( INA Solar), riding on strong operating numbers and the current market fancy for green energy stocks, has raced to the first position by market capitalization on BSE SME & NSE EMERGE platform. With its existing market cap of well over Rs 3300 crores, Insolation Energy Limited (INA Solar), the noted […] Read more
We want to expand solar panel manufacturing capacity to 1.2 GW, cell manufacturing to 500 MW: Manish Gupta, Insolation Energy Updated On Tue, Mar 28th, 2023 by Saurenergy Jaipur-based solar panel manufacturing firm, Insolation Energy Ltd (INA Solar) has secured an ECB (External Commercial Borrowing) for USD 2.5 million. The Founder & Chairman of Insolation Energy, Manish Gupta, tells Saur Energy how the funding will give an impetus to the firm. Tell us about the USD 2.5 million subsidised funding that Insolation Energy […] Read more
Domestic Solar Manufacturing Bodies Get Behind ALMM Updated On Fri, Feb 10th, 2023 by Saurenergy Speculation about the government granting exemption, or ‘grandfathering’ certain projects bid out till early 2021 from complying with the Approved List of Module Manufacturers (ALMM) stipulation, has been gaining pace. With some noted sources going as far as predicting it, multiple domestic solar manufacturer led bodies have found it opportune to put their weight behind […] Read more
Proposed Scheme On Discom Dues Could Lead To Rs 9,000 Crore Flow Towards RE Developers Updated On Thu, Jun 23rd, 2022 by Saurenergy Leading ratings firm CRISIL estimate that the proposed scheme for liquidating discom dues could be a windfall for RE developers, among others. Rs 9,000 crore over the next two fiscals could be released for RE developers, states the firm. This could majorly impact the receivables period of leading RE gencos of 40-50 days from the […] Read more
Dearer Module, Steel And Freight Will Hit 5 GW Solar Capacity: CRISIL Updated On Thu, May 26th, 2022 by Saurenergy Rise in prices of solar modules, freight and steel will have an adverse impact on 5 GW solar capacity. The solar modules by and large contribute in the range of 55-60 per cent to the cost of a solar project and its price has increased by 40 per cent from January last year to March […] Read more