GUVNL Deserves Carbon Credit Share From RE Project: GERC Updated On Thu, Sep 12th, 2024 by Saurenergy In an interesting case, the Gujarat Electricity Regulatory Commission (GERC) has ruled that wind energy generators must share the benefits of carbon credits with power distribution companies, regardless of the platform used. The order was passed in a case where the Power Purchase Agreement (PPA) was executed under a generic tariff arrangement. The case emerged […] Read more
NGEL Invites Bids For Sale Of 100,000 Carbon Credits From RE Project Updated On Mon, Aug 19th, 2024 by Saurenergy NTPC Green Energy Limited, a subsidiary of NTPC, has opened bids through a tendering process followed by a forward auction for the “sale of 100,000 carbon credits (VERs) from RE Projects (Wind and Solar) of NTPC Green Energy Limited registered under the VCS (Verified Carbon Standard) Program.” The tender document states, “The sale of carbon […] Read more
SaurEnergy Explains- What’s the Stink Around Carbon Credits? Updated On Wed, Jun 5th, 2024 by Saurenergy On today’s episode of why we can’t have good things easily, carbon credits get to be in the limelight. Originally proposed in 1997 with the Kyoto Protocol as a way for companies to fund the development of renewable and carbon-offsetting projects, carbon credits utilize third party firms who sell carbon credits and use the money […] Read more
US SEC Disclosure Rules Lead Companies To Cut Emissions Faster Updated On Wed, Apr 10th, 2024 by Saurenergy The US Securities and Exchange Commission (SEC) approved a new rule mandating publicly traded companies to disclose their direct greenhouse gas emissions. According to the rules, the companies will have to disclose the audited financial statements and therefore in the scope of the registrant’s internal control over financial reporting. Further, climate-related disclosures in the registrant’s […] Read more
Solar Refrigeration Enabled By Carbon Credits In Nigeria Updated On Fri, Sep 29th, 2023 by Saurenergy CarbonClear, a pioneering data-driven carbon credit standard, has announced a strategic partnership with Koolboks, a Nigerian company specializing in the design and manufacturing of solar-powered refrigerators. These innovative refrigeration units are engineered to be portable, robust, and energy-efficient, making them an ideal solution for regions with limited or unreliable access to electricity. They are particularly […] Read more
Gujarat Releases Draft Renewable Energy Policy-2023 with Focus on Wind-Solar Hybrid Technologies Updated On Thu, Sep 21st, 2023 by Saurenergy The Government of Gujarat has notified the Renewable Energy Policy-2023 for further encouraging setting up of renewable generation projects based on wind, solar and wind-solar hybrid technologies. The policy will come into effect from the date of notification and shall remain in operation up to June 2028 or till notification of the new policy, whichever […] Read more
NGEL Issues Tender Seeking Consultant for Validation of 50 MW Solar Project Updated On Tue, Sep 19th, 2023 by Saurenergy NTPC Green Energy (NGEL), a wholly-owned subsidiary of India’s largest power utility NTPC, has issued a tender to appoint a consultant and hire a designated operational entity (DOE) for the validation and verification of a 50 MW solar project in Rajgarh, Rajasthan. This also entails the renewal of the project for an additional seven years […] Read more
CarbonClear and Innovex Partners to Issue Data-Driven Carbon Credits from Off-Grid Solar Updated On Tue, Sep 5th, 2023 by Saurenergy CarbonClear, a data-driven carbon credit standard, has announced a strategic partnership with Innovex, a technology firm based in Uganda that designed and built ‘REMOT’, a leading IoT platform. This partnership aims to revolutionize the way off-grid solar installations contribute to the global climate effort. CarbonClear and Innovex Partners to Issue Data-Driven Carbon Credits from Off-Grid […] Read more
JSW Steel Eyes 25 MW RTC Renewable Energy, Green Hydrogen Updated On Tue, Jul 25th, 2023 by Saurenergy India’s largest steel conglomerate JSW Steel has set sights on sourcing green hydrogen from the 3,800-tonne hydrogen plant that is in being established at the Vijayanagar plant. The firm will provide green steel at a premium in a period of 18-24 months. The firm has joined hands with JSW Energy to get green hydrogen and […] Read more
