SaurEnergy Explains: Understanding Carbon Offsets, Carbon Credits, and RECs Updated On Tue, Jan 7th, 2025 by Saurenergy While carbon credits, carbon offsets, and RECs all serve as tools to address environmental impact, they operate differently within the sustainability landscape. Understanding the distinctions between carbon offsets, carbon credits, and renewable energy certificates (RECs) is essential for grasping how organizations strive to mitigate their environmental impact. Knowledge of these distinctions also helps organizations and […] Read more
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
CEA’s CO2 Baseline Database- Impact of RE On Indian Grid Emissions Intensity Updated On Mon, Jan 6th, 2025 by Saurenergy The Central Electricity Authority (CEA) under the Ministry of Power, Government of India, has published the latest “CO2 Baseline Database for the Indian Power Sector, Version 20.0” in December 2024. The CDM tool, “Tool to Calculate the Emission Factor for an Electricity System” (Version 7.0), was used for the calculations. The calculations are based on […] 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
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
Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity Updated On Sun, Jan 5th, 2025 by Saurenergy Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […] Read more
NTPC REL Bags UPPCL’s 1 GW Solar Project At Rs. 2.56/kWh Updated On Sun, Jan 5th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), an NTPC Limited subsidiary, emerged as the successful bidder in the Uttar Pradesh Power Corporation Limited (UPPCL’s) e-reverse auction. Out of the initial tender to select solar power developers for 2000 MW ISTS-connected solar PV power projects, NTPC REL secured a 1,000 MW capacity at a tariff rate of […] Read more
