Solar-Plus-ESS Delivers 95% Clean Power Under ₹6/kWh: Report Updated On Mon, Jun 2nd, 2025 by Saurenergy India’s recent energy storage auctions have yielded record-low prices, with unsubsidized standalone battery storage bids at ₹2.8 lakh/MW/month and solar-plus-storage bids ranging from ₹3.1 to ₹3.5/kWh, according to a report by the India Energy and Climate Center (IECC). The report noted that, based on implied solar and storage costs from these bids and bottom-up global […] Read more
PM Surya Ghar: MNRE Invites Proposals For Innovative Projects Updated On Mon, Jun 2nd, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a call for proposals under the “Innovative Projects Component” of the PM Surya Ghar: Muft Bijli Yojana, inviting demonstrations of scalable technologies and business models to accelerate the adoption of rooftop solar (RTS) systems across India. The ministry is seeking pilot projects that showcase innovation […] Read more
JBMG Bags 3 GWh BESS Orders, Eyes National Renewable Goals Updated On Mon, Jun 2nd, 2025 by Saurenergy JBM Green Energy Systems Pvt. Ltd. (JBMG), the lithium-ion battery unit of JBM Auto Ltd., has secured a robust order book with 3 GWh capacity of Battery Energy Storage Systems (BESS) to be deployed across India. The surge follows recent orders, including a 1 GWh BESS project for state-run SJVN and additional deals with other […] Read more
Solar’s Next Big Challenge- Sustainable Growth Updated On Mon, Jun 2nd, 2025 by Saurenergy It has been an abiding mystery how many business journalists, for all the knowledge they collect on their preferred sectors, usually ignore the financials of the firms they track. Relationships with firms, especially if they are not publicly traded, tend to be at an arm’s length, with information supplied on a need-to-know basis. The solar […] Read more
Premier Energies Sets Up ESS Unit, Expands Backward Integration Updated On Fri, May 30th, 2025 by Saurenergy Premier Energies Limited has incorporated a wholly owned subsidiary, Premier Energies Storage Solutions Private Limited, to support its entry into the manufacturing of energy storage systems (ESS), the company said in a regulatory filing. Premier Energies’ new subsidiary has been formed with the primary objective of manufacturing, producing, and processing high-quality energy storage systems using […] Read more
FY25: Inox Green Energy Reports Rise In Profit Updated On Fri, May 30th, 2025 by Saurenergy Inox Green Energy reported a substantial improvement in its financial performance for the financial year ended March 31, 2025, with net profit (PAT) rising by over 234% to ₹3,851 lakh, compared to ₹1,151 lakh in FY24. The company’s revenue from operations grew marginally by 1.36% to ₹20,474 lakh, up from ₹20,200 lakh in the previous […] Read more
NTPC REL Floats 245 MW EPC Tender For Khavda RE Park, Gujarat Updated On Fri, May 30th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), a subsidiary of India’s largest power utility NTPC Ltd, has floated a tender for an engineering, procurement, and construction (EPC) package to develop a 245 MW grid-connected solar project in the South Block of the Khavda Renewable Energy Park, located in the Rann of Kutch, Gujarat. The last date […] Read more
Green Stocks May 30: Early Rains Cool Energy Stocks Updated On Fri, May 30th, 2025 by Saurenergy The earlier-than-expected onset of the monsoons seems to have worked to douse some enthusiasm for energy stocks in general, including green energy stocks. Combined with a weekend and month-end push to keep cash handy, saw selling pressure for all but the strongest performers today. Investors are clearly booking profits when they can after seeing the […] Read more
SJVN Q4 Profit Slumps Despite Higher Revenue; FY25 Revenue Up 19% Updated On Fri, May 30th, 2025 by Saurenergy State-owned renewable energy SJVN Ltd reported a significant decline in fourth-quarter (Q4FY25) net profit despite a rise in revenue, while its full-year performance showed robust growth in top-line earnings. Revenue from operations rose 4.5% to ₹5,044 crore in the January-March quarter from ₹4,829 crore in the previous quarter. However, total income fell 4.2% sequentially to […] Read more
