The Australia Experience: How Energy Storage is Transforming National Grids Updated On Mon, Sep 30th, 2024 by Saurenergy Energy storage has undeniably emerged as a critical component in the growth of solar energy. For much of the last decade, high installation costs and the intermittent nature of renewable energy sources were major barriers to wider adoption. However, advancements in technology and government subsidies have significantly reduced these costs, with increased competition and production […] Read more
IEX Energy Exchange July Update- Traded Volumes Up 56% YoY Updated On Mon, Aug 5th, 2024 by Saurenergy Indian Energy Exchange (IEX) achieved the highest ever total volume (including certificates) of 13,250 MU in July 2024, marking a ~56% year-over-year increase. The electricity volume at 10,093 MU, increased 29% YoY for IEX in July. Green electricity volume during the month at 1 BU, grew 259% YoY. The renewable energy certificates (REC) at 3,150 […] Read more
Chairman & Managing Director Updated On Thu, Aug 1st, 2024 by Saurenergy I. COMPANY PROFILE:- Grid Controller of India Limited (GRID-INDIA) formerly known as Power System Operation Corporation Limited (POSOCO), is wholly owned Government of India Company w.e.f. 3rd January 2017. It is a schedule ‘A’/ Miniratna CPSE under the administrative control of Ministry of Power of the Government of India inter alia with the following mission: […] Read more
BrightNight Australia Links Mortlake Energy Hub To National Grid Updated On Wed, Jul 24th, 2024 by Saurenergy Australian Energy Market Operator (AEMO) recently approved the connection of BrightNight’s 360 Mega Watt (MW) Mortlake Energy Hub (a hybrid renewable energy project) to the National Electricity Market, to support Australia’s decarbonization efforts. Australia wants to go net-zero by 2050 and has plans to ensure 82% electricity capacities in their grid from renewable sources by […] Read more
Global Battery Storage Capacity Set To Reach 2,200 GW By 2050: Report Updated On Mon, Jul 15th, 2024 by Saurenergy BP Energy Outlook 2024 report, reported a rise in global power generation to nearly 25,000 TWh under current projections. This increase is closely paralleled by an approximately eight-fold rise in wind and solar power, reaching 23,000 TWh. The study projects a 40% decline in global coal-fired generation by 2050, with significant decreases expected across most […] Read more
PLM HEMS Updated On Mon, Jul 15th, 2024 by Saurenergy We are looking for a product manager for our Home Energy Management product. The Enphase HEMS offering is integrating with energy markets in many countries around the globe. We are optimizing our PV systems, Batteries, electric vehicle charging, heat pumps and intelligent appliances using AI-powered optimization models. The Product Manager will work with our customers, […] Read more
News In Brief July 11: Solar At Chamunda Devi, Enfinity, ‘Copperstring’ Project Updated On Thu, Jul 11th, 2024 by Saurenergy KLK Ventures Illuminates Chamunda Mata Mandir With Solar-Powered Safety And Sustainability KLK Ventures Pvt. Ltd., a renewable energy solutions provider has completed a solar lighting installation project at Chamunda Mata Mandir in Himachal Pradesh. This project was undertaken in collaboration with HIMURJA, the state agency responsible for promoting renewable energy in Himachal Pradesh. US IPP […] Read more
IEX June Update- Prices Hold Steady As Demand Rises Updated On Wed, Jul 3rd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved electricity volume of 10,185 MU in June’24, marking a 24.7% year on year increase. The total monthly volume including certificates at 10,677 MU, increased 19.4% on year-on-year basis. For the first quarter of the fiscal year 2025, IEX achieved electricity volume of 28,178 MU, an increase […] Read more
DERC Issues Peer-to-Peer Energy Transaction Guidelines 2024 Updated On Fri, Jun 28th, 2024 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) recently released Peer-to-Peer Energy Transaction Guidelines 2024. These guidelines aim to foster the use of renewable energy and provide additional income opportunities for prosumers. By leveraging innovative technologies and ensuring consumer savings, DERC has sought to enable prosumers and eligible consumers to securely and reliably buy and sell electricity […] Read more
