IEX February Update- DAM Price Falls 26% YoY To Rs 4.93/unit Updated On Tue, Mar 5th, 2024 by Saurenergy The Indian Energy Exchange, India’s premier electricity exchange, achieved 9,462 MU overall volume in February’24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February ‘24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time […] Read more
KPI, GSECL Sign PPA For 200MW On-Grid Solar Project At Khavda Updated On Mon, Mar 4th, 2024 by Saurenergy KPI Green Energy Limited signed a Power Purchase Agreement (PPA) for 200MWAC i.e. (240MWp) grid-connected solar photovoltaic power project. The company stated, “This project was won through a competitive bidding process vide RFS No. GUVNL/800 MW/Khavda/Solar (Phase XX). The project is dated 20th March 2023 and issued by GUVNL for procurement of power from 800 […] Read more
IEEMA Announces 16th Edition Of Global Electrical Show ELECRAMA Updated On Sat, Mar 2nd, 2024 by Saurenergy Indian Electrical & Electronics Manufacturers’ Association (IEEMA), the apex association of manufacturers of electrical and industrial electronics and allied equipment in India, formally announced the 16th edition of ELECRAMA, the world’s largest electrical show. ELECRAMA is the one of the largest global electrical show and allied electronics industry. The show is scheduled from 22nd to […] Read more
Solar’s Mass Market Entry-Challenges Ahead Updated On Sat, Mar 2nd, 2024 by Saurenergy The renewable energy sector in India is at the cusp of unprecedented growth and has been fast accelerating. It has crossed the 70,000 MW mark in installed solar power capacity and with the right push from the government in the recently passed Interim budget, the path ahead is promising. Multiple schemes by the government of […] Read more
Cabinet Approves PM-Surya Ghar: Muft Bijli Yojana For Rooftop Solar Updated On Thu, Feb 29th, 2024 by Saurenergy The Union Cabinet, chaired by PM Narendra Modi, has approved PM-Surya Ghar: Muft Bijli Yojana with a total outlay of Rs.75,021 crore. This policy seeks to install rooftop solar and provide free electricity to up to 300 units every month for one crore households. The PM launched the scheme on 13th February. Some of the […] Read more
Germany Issues Tender For 5.5 GW Offshore Wind Project Updated On Thu, Feb 29th, 2024 by Saurenergy Federal Network Agency of Germany has launched auctions for offshore wind farms comprising a total of 5,500 MW at three centrally pre-investigated sites in the North Sea. The three sites with a combined 5,500 MW of projected generating capacity are situated about 110 km north-west of the island of Borkum, bordering the Netherlands exclusive economic […] Read more
SaurEnergy Explains- Reconductoring, A Solution For a Renewable Powered Grid? Updated On Thu, Feb 29th, 2024 by Saurenergy The power sector, by most estimates, accounts for close to 40% of carbon emissions worldwide. That has made it the focal point of efforts to reduce emissions, seen mainly in the shift towards renewable energy, and linked to that, the electrification of more and more parts of the economy, as seen in the transportation sector. […] Read more
European Fast-Charging Firm Fastned Signs PPA With GLP For Solar Power Updated On Thu, Feb 29th, 2024 by Saurenergy European fast-charging company, Fastned announced it has concluded its first multi-year Corporate Power Purchase Agreement (CPPA) in the Netherlands with GLP, a renewable energy firm, and related technologies, with Ecorus and Scholt Energy. According to the press release by the company, Fastned will purchase power generated by the solar panels on the roof of GLP’s […] Read more
India Added 200 GW In Nine Years, Becoming Power-Sufficient: RK Singh Updated On Thu, Feb 29th, 2024 by Saurenergy Union minister R.K Singh at the 16th edition of the Indian Electrical & Electronics Manufacturers’ Association (IEEMA), ELECRAMA, announced the recent transition in the power sector from power-deficient to power-sufficient. The minister said India added about 200 GW of generation capacity in the past nine years. At an electrical show organised by an association of manufacturers […] Read more
