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
There is Huge Potential for Cell and Wafer Manufacturing in India: Manish Gupta Updated On Wed, Jan 22nd, 2020 by Saurenergy Indian solar market has an immense potential with an average demand of 10 GW per year. India has set an ambitious plan for solar with a target of 100 GW capacity by 2022. Currently, the wafer production capacity in India is Nil and cell manufacturing capacity is nearly 3.5 GW. Of this only 1.50 GW […] Read more
Interview with Manish Gupta, Managing Director, Insolation Energy Pvt Ltd Updated On Sat, May 18th, 2019 by Saurenergy Industry Needs Some Breathing Space in Terms of Prices to Grow Cost of module is really the toughest part of the business. We have maintained low prices despite an increase in RM cost. We are managing by increasing the capacity so that fixed costs are reduced and by high volume procurement we have been […] 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
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
RTC Power To make Up 5% of Renewable Power by 2025 Updated On Thu, Mar 3rd, 2022 by Saurenergy Even as India awaits its first large RTC (round the clock) renewable projects to come online, research agency CRISIL predicts that the share of RTC plants in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. The agency expects this to be achieved on the back […] Read more
A Solar PLI Scheme Disregarding MSME Sector Could Lead To Cartel Like Situation In Solar Too Updated On Wed, Feb 2nd, 2022 by Saurenergy The announcement of the PLI scheme expansion from Rs 4500 crore till now by a further Rs 19,500 crores was the most notable one for the solar sector in the Budget for 2022. While widely welcomed, the move does raise an existential question for the hundreds of SME and MSME firms involved in the module […] Read more
