Delhi Govt Announces ‘Free Electricity’ For Solar Rooftop Users Updated On Mon, Jan 29th, 2024 by Saurenergy Delhi Chief Minister Arvind Kejriwal promised a ‘zero electricity bill’ for energy users who opt for rooftop solar today. The CM said the government had made a special provision in the upcoming Solar Policy to give solar prosumers free electricity in Delhi. The state cabinet recently approved the state solar policy. The government will soon […] Read more
COVER STORY: Rooftop Solar Enters Mission Mode In India Updated On Mon, Jan 29th, 2024 by Saurenergy The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […] Read more
“International Initiatives Such As CBAM And Carbon Trading Will Support RE Adoption”, Akshay Hiranandani, Serentica Renewables Updated On Mon, Jan 29th, 2024 by Saurenergy Has Serentica’s launch plan changed since its inception, or is it following the original plan to achieve the fastest renewable expansion? Can you provide the current status of the firm’s plans, including specific timelines for capacity additions? Serentica remains committed to industrial decarbonization and providing 24/7 green power for hard-to-abate industries. Our current focus centers […] Read more
IEX Q3 Results- Revenue Up 20.3%, Volumes 16.8% YoY Updated On Mon, Jan 29th, 2024 by Saurenergy India’s premier power exchange, the India Energy Exchange(IEX) has announced its Q3 results for FY24. The firm reported a decent set of numbers, with revenues up 20.3% YoY to Rs 141.2 crores, even as power traded on the exchange rose to 28.3 BU a 16.8% growth YoY. Standalone profit after tax rose to 89.3 crores, […] Read more
India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh Updated On Mon, Jan 22nd, 2024 by Saurenergy Union Minister of New and Renewable Energy RK Singh said in a press conference that no country could excel without sufficient power. “The power shortage in India has come down from around 4.5% in 2014 to less than 1% today,” he said. He added, “Electricity is the most important infrastructure, which is a sine qua […] Read more
Load Shedding An Insult To People, Errant Firms To Be Penalized: RK Singh Updated On Thu, Jan 18th, 2024 by Saurenergy Union Power Minister RK Singh today said that load shedding is an insult to the people of India. He also warned the power companies in the country that they would have to pay penalties for their defaults. The union minister was speaking in a review meeting of power sector with the energy secretaries of states […] Read more
Indore Wants To Be India’s First Solar City; To Have 25-30K Rooftops With Solar In Three Months Updated On Wed, Jan 17th, 2024 by Saurenergy Indore – the cleanest city of India – is now aspiring to transform into India’s first solar-powered city in less than a year’s time from here. Following a high-level meeting aimed at advancing Indore’s transition to a solar city, Principal Secretary (Energy) Sanjay Dubey informed reporters about the determined timeline. “We have set an ambitious […] Read more
CERC Declines To Consider Power Exchange RTM Abortions As ‘Force Majeure’ Updated On Mon, Jan 15th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, declined to consider the plea of BSES Rajdhani Power Ltd, a power distribution licensee from Delhi. The discom had approached the Central Commission asking it to consider the events related to abortion and the cancellation of bids placed on the Real Time Market (RTM) of […] Read more
MNRE Simplifies Rooftop Solar Installation Process, Issues New Notification Updated On Fri, Jan 12th, 2024 by Saurenergy In the latest notification, the Ministry of New and Renewable Energy (MNRE) tried to simplify the application process for grid-connected rooftop solar. The latest notification issued by the ministry has asked the discoms to ask their consumers for fewer documents to install rooftop solar. Meanwhile, the ministry has also listed the documents needed to be […] Read more
