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
Khavda: Gensol Secures EPC Contract For 275 MW Solar Project Updated On Mon, Jan 6th, 2025 by Saurenergy Gensol Engineering, a renewable energy company specializing in solar power engineering, procurement, and construction (EPC) services, secured an EPC contract from a Public Sector Undertaking (PSU). The company secured the contract to develop a 275 MW Solar PV Project at Renewable Solar Park, Khavda Rann of Kutch, Gujarat. The project includes a total bid value […] Read more
NTPC Green, UPRVUNL Form JV For Renewable Park Projects Updated On Mon, Jan 6th, 2025 by Saurenergy NTPC Green Energy Limited (NGEL), an NTPC Limited subsidiary, and, Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL), a state-owned thermal power utility in Uttar Pradesh entered into a 51:49 joint venture (JV). This collaboration aims to develop, operate, and maintain renewable energy parks and projects. NTPC Green announced its latest joint venture (JV) in […] Read more
Waaree Energies Starts Solar Cell Production Trials At Chikhli Updated On Mon, Jan 6th, 2025 by Saurenergy Indian solar module manufacturer Waaree Energies today announced the commencement of trials for its solar cell manufacturing operations. These trials have begun at its solar cell factory located in Chikhli, Gujarat. This latest development is expected to enhance the backward integration capacity of the Mumbai-based solar company. Led by Hitesh Doshi, the company plans to […] 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
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
Tender, Tariff, and Takers: 2024 A Brief Review Updated On Mon, Jan 6th, 2025 by Saurenergy The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […] 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
