Average DAM Price At Rs 4.38/Unit, Down 11% YoY: IEX Updated On Wed, Mar 5th, 2025 by Saurenergy Indian Energy Exchange (IEX) achieved monthly electricity traded volume of 9,622 MU in February ’25, marking a 9% increase year-on-year. A total of 16.37 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 167% year on year increase. According to a government data published in February ’25, the country’s energy consumption reached […] Read more
ITU, Huawei Release White Paper On Lithium Batteries For Telecom Sites Updated On Tue, Mar 4th, 2025 by Saurenergy International Telecommunication Union (ITU) and Huawei jointly released White Paper on Lithium Batteries for Telecom Sites, the first of its kind in the world. The white paper advocates the use of “high-quality lithium batteries”, requires that batteries offer excellent performance parameters, and emphasizes the importance of end-to-end safety system construction. The paper was released at […] Read more
As Solar Developers In China, India Face June Deadline, Module Supply, Prices To Tighten Updated On Thu, Feb 27th, 2025 by Saurenergy China, which remains the heart of the solar industry worldwide, has finally seen an inching up of module prices in February, bringing some relief to its large solar manufacturers. However, the rise in prices may not be such good news for many markets where tariffs have been imposed on Chinese imports, as it was the […] Read more
UK: BW ESS & Sungrow Operationalize 100MW/331MWh BESS Project Updated On Fri, Feb 21st, 2025 by Saurenergy BW ESS and Sungrow announced the commercial operation of the 100MW/331MWh Bramley battery energy storage system (BESS). Installed with Sungrow’s BESS 3-hour PowerTitan 2.0, the Bramley project can play a vital role in bolstering UK energy security and fortifying the resilience of the electricity system. The project is connected to the UK grid 132kV electric […] Read more
Germany’s Battery Storage Capacity Soars To 19 GWh In 2024 Updated On Mon, Feb 3rd, 2025 by Saurenergy After exceeding the 100 GW mark in solar energy production in 2024, Germany has now installed more than 1.8 million storage systems with a total capacity of 19 gigawatt-hours (GWh) at the turn of the year. This is mathematically sufficient to store the average daily electricity consumption of more than two million two-person households in […] Read more
Australia Risks 12-18 GW Renewable Gap Due To Slow Investment, Study Finds Updated On Mon, Feb 3rd, 2025 by Saurenergy Australia has run into plenty of problems regarding its solar capacity. 2024 saw the continuing issue of curtailments as solar was regularly oversupplied to a grid run on baseload coal and gas power. The rush to build large batteries has helped, but not enough clearly. The National Electricity Market (NEM) is stalling investment in Australia’s […] Read more
Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick Updated On Fri, Jan 31st, 2025 by Saurenergy The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […] Read more
As India Goes Past 100 GW Solar Milestone, No Time To Rest Updated On Wed, Jan 29th, 2025 by Saurenergy If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […] Read more
December 2024: DAM Prices Dip 14% YoY, Avg RE Prices At Rs 3.92/unit Updated On Mon, Jan 6th, 2025 by Saurenergy Indian Energy Exchange (IEX), achieved its highest-ever monthly electricity traded volume of 11,132 MU in December’24, marking a 29% increase on a year-on-year (YoY) basis. During the month, IEX traded 16.62 lakh renewable energy certificates recording a 58% year-on-year increase. For December 2024, the Market Clearing Price in the Day Ahead Market was Rs. 3.89/unit, […] Read more