Sunsure Energy’s Contrarian Approach Pays Off Updated On Tue, Sep 24th, 2024 by Saurenergy Gurugram-based Sunsure Energy has made a virtue of what to many will appear to be a contrarian approach to business as a solar EPC and now, a developer (IPP). Founded in 2014 by Shashank Sharma (CEO), Sunsure Energy has 500 MW of assets under operation, 2.5 GW of renewable energy capacity under construction, and a […] Read more
GK Energy Gears Up for The Solar Pump Boom Updated On Mon, Sep 23rd, 2024 by Saurenergy For Gopal Kabra, founder of the solar pump driven GK Energy, the move into the renewable energy business started with solar water heaters in 2006. Hailing from a business family in Nanded Maharashtra, Kabra completed his education in Pune. Right from the start, he was clear about running his own business. It has been a […] Read more
IEX Energy Exchange July Update- Traded Volumes Up 56% YoY Updated On Mon, Aug 5th, 2024 by Saurenergy Indian Energy Exchange (IEX) achieved the highest ever total volume (including certificates) of 13,250 MU in July 2024, marking a ~56% year-over-year increase. The electricity volume at 10,093 MU, increased 29% YoY for IEX in July. Green electricity volume during the month at 1 BU, grew 259% YoY. The renewable energy certificates (REC) at 3,150 […] Read more
SPECIAL REPORT: UP’s Time To Shine In Solar Updated On Thu, Aug 1st, 2024 by Saurenergy At a recent Solar Trailblazers event in Lucknow in July, organised by Saur Energy, Uttar Pradesh Deputy Chief Minister Brajesh Pathak told a hall-packed audience that this is the ‘best time’ in India to go for solar. He was referring to the higher subsidies given to the rooftop solar consumers under the ambitious PM Surya […] Read more
With Infusion Of Rs 900cr, Inox Wind To Achieve Net Debt Free Status Updated On Thu, Jul 4th, 2024 by Saurenergy Indian wind energy company Inox Wind Limited (IWL) today announced the completion of infusion of around Rs 900 crores into the company by its promoter Inox Wind Energy Limited (IWEL). The funds were raised by IWEL on May 28, 2024, through the sale of equity shares of IWL through block deals on the stock exchanges, […] Read more
IEX June Update- Prices Hold Steady As Demand Rises Updated On Wed, Jul 3rd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved electricity volume of 10,185 MU in June’24, marking a 24.7% year on year increase. The total monthly volume including certificates at 10,677 MU, increased 19.4% on year-on-year basis. For the first quarter of the fiscal year 2025, IEX achieved electricity volume of 28,178 MU, an increase […] Read more
5 Key Takeaways: Statistical Review of World Energy Report Updated On Fri, Jun 28th, 2024 by Saurenergy As the world grapples with the dual challenges of ongoing climate change and the transition to sustainable energy sources, the Energy Institute’s Statistical Review of World Energy offers valuable insights into global energy trends. The latest edition of the report, now in its 73rd iteration and the second under the Energy Institute, analyzes data from […] Read more
REC Trading At IEX Skyrockets, Sees 640% Growth In May Updated On Thu, Jun 6th, 2024 by Saurenergy The trading of Renewable Energy Certificates (REC) seems to have escalated at the Indian Energy Exchange (IEX), the power exchange data shows. The publicly-listed power exchange firm recently shared its data on the trading of its different products including RECs. IEX said that the renewable energy certificates (REC) trading in May stod at 1,055 MUs. […] Read more
With The Rise Of RE, India’s New Coal Capacity Sees Record Drop: Report Updated On Wed, May 15th, 2024 by Saurenergy A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) said that renewable energy accounted for 71.5% of the record 13,669 megawatts (MW) power generation capacity added by India in the first quarter (Jan-Mar) of this year (2024), while coal’s share (including lignite) of total power capacity dropped below 50% for the first […] Read more
