IEX FY24 and March Update- Overall Volumes Up, Green Market Volumes Slump Updated On Thu, Apr 4th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved 110 BU in FY’24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY’24. REC traded volume in FY’24 increased 26% on YoY basis. The Government undertook several measures […] Read more
NTPC- REL Seeks Bids For 110 MW Wind Energy Project At Khavda Updated On Wed, Apr 3rd, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of the NTPC Limited invited online bids from eligible bidders to supply and install wind turbines generators for ISTS-connected wind energy project with nominal capacity of 110 MW at Khavda RE Park. The document has single stage two envelope (i.e., Envelope-I: Techno-Commercial Bid and Envelope-II: […] Read more
MPERC Introduces Policy For Grid Interactive Renewable Energy System Updated On Wed, Apr 3rd, 2024 by Saurenergy Madhya Pradesh regulatory body Madhya Pradesh Electricity Regulatory Commission (MPERC) introduced general conditions for net metering, group net metering, and virtual net metering, through distributed licensees to eligible consumers on a first come first serve basis. The regulation extended to the whole of Madhya Pradesh and applied only to the Captive Power Plants (CPP) using […] Read more
PepsiCo’s Upcoming Facility In Ujjain To Run Entirely On Clean Energy Updated On Wed, Apr 3rd, 2024 by Saurenergy Beverage manufacturer PepsiCo India will establish a manufacturing facility in Ujjain, Madhya Pradesh which will entirely run on renewable energy sources. The company further claims that this will lead to a reduction in carbon footprint by an impressive 1.9 metric tons per day. Spread over 22 acres, this plant will help PepsiCo’s beverage production in […] Read more
Goldi Solar Announces Partnering With IPL Cricket Team-Mumbai Indians Updated On Tue, Apr 2nd, 2024 by Saurenergy Indian solar module manufacturer Goldi Solar announced today its partnership with the Mumbai Indians’ IPL cricket team as their official partner and official solar energy partner for the season. The firm said that this partnership aimed to raise awareness nationwide and establish Goldi Solar as a household name. “Aligned with Mumbai Indians’ passion and excitement, Goldi […] Read more
Log9 Materials Gets BIS Certification For Its LTO Batteries Updated On Tue, Apr 2nd, 2024 by Saurenergy Log9 Materials, an Indian company specializing in advanced battery solutions, announced today that its LTO (Lithium Titanate Oxide) batteries have received certification from the Bureau of Indian Standards (BIS). These Log9’s BIS-certified LTO batteries boast enhanced safety due to their inherent thermal and chemical stability, minimizing the risk of fire or explosion compared to conventional lithium-ion […] Read more
LG Energy, GM’s Sec. Ultium Cells Plant Begin Production In Tennessee Updated On Tue, Apr 2nd, 2024 by Saurenergy Ultium Cells, a joint venture of South Korean-based LG Energy Solution and General Motors (GM), recently announced more than $2.3 billion in investment. This investment is undertaken to build its second battery cell manufacturing plant in the United States (US) in Spring Hill, Tennessee. Ultium Cells plans to build the new plant on land leased […] Read more
Waaree Energies Secures 220MW Solar PV Module Order from Sprng Energy Updated On Mon, Apr 1st, 2024 by Saurenergy Waaree Energies Limited announced signing a contract with Sprng Energy Private Limited, a Shell group company, to supply 220MW of solar PV modules. The association entails Waaree Energies Limited supplying 220MW of AHNAY Series, Bi-55 545Wp modules, to be utilized for Sprng’s project in Gujarat. Sprng Energy Private Limited, is a renewable energy platform in […] Read more
Mitsubishi Power Firm Prevalon Energy Secures 328 MWh Idaho BESS Updated On Mon, Apr 1st, 2024 by Saurenergy Mitsubishi Power Americas company Prevalon Energy has announced it has contracted with Idaho Power for a complete Battery Energy Storage System (BESS) along with a robust long-term service agreement. The project will provide grid resiliency as a net peak solution, helping the utility continue providing reliable power during peak demand periods. The service agreement includes […] Read more
