CERC Grants Approval for Third Power Exchange in India Updated On Thu, Aug 6th, 2020 by Saurenergy CERC has approved Pranurja Solutions, promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the third power exchange in India The Central Electricity Regulatory Commission (CERC) has approved the petition filed by Pranurja Solutions Ltd, a company promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the […] Read more
GE Joins 500 MW Pumped Hydro Storage Project in Australia Updated On Wed, Aug 5th, 2020 by Saurenergy GE Renewable Energy and Walcha Energy will jointly develop the 500 MW Dungowan pumped hydro storage project in the New England REZ in NSW, Australia. GE Renewable Energy and Walcha Energy have signed an agreement to jointly develop the 500 MW Dungowan pumped hydro storage project in the New England Renewable Energy Zone (REZ) in […] Read more
OLADE, IRENA put RE at Heart of Economic Recovery in LAC Updated On Thu, Jul 9th, 2020 by Saurenergy IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […] Read more
RPO Fines Will Lead to Exponentially High Demand: RK Singh Updated On Mon, Jun 29th, 2020 by Saurenergy The increase in fines for non-compliance of RPO to up to Rs 1 per KWh of the shortfall would lead to a huge rise in demand, RK Singh has said. The increase in fines for non-compliance of renewable energy purchase obligations (RPO) to up to Rs 1 per kilowatt-hour (KWh) of the shortfall would lead […] Read more
Taaleri SolarWind II Fund Invests in 336 MW Wind Farm in Texas Updated On Wed, Jun 17th, 2020 by Saurenergy The Taaleri SolarWind II fund has, together with AIP, Ilmarinen, and Akuo Energy acquired 93 percent of the equity in the 336 MW Escalade wind farm in Texas The Taaleri SolarWind II fund has, together with AIP, Ilmarinen, and Akuo Energy acquired 93 percent of the equity in the Escalade wind farm in Texas. Taaleri […] Read more
RTM Trading to Enable Efficient Price Discovery, Support Grid Balancing, Says ICRA Updated On Thu, Jun 11th, 2020 by Saurenergy The recent launch of the real-time market (RTM) for power trading likely to lead to efficient price discovery in the power trading market, said a leading credit rating agency, ICRA. On the other hand, it will also enable power distribution utilities (Discoms) and the open-access consumers to bid for electricity within 1 hour of the […] Read more
India, Denmark Ink MOU to Develop Long-Term Cooperation in Power Sector Updated On Mon, Jun 8th, 2020 by Saurenergy India and Denmark have signed a Memorandum of Understanding (MoU) on Indo-Denmark Energy Cooperation to develop a strong, deep and long-term co-operation between the two countries in the power sector. The MoU was inked between the two countries on June 5, 2020, on the basis of equality, reciprocity and mutual benefit. From the Indian side, MoU […] Read more
RK Singh Kicks Off ‘#iCommit’ Campaign to Unite All Stakeholders Updated On Sat, Jun 6th, 2020 by Saurenergy Power and New & Renewable Energy Minister RK Singh have launched the ‘#iCommit’ initiative, giving a clarion call to all stakeholders and individuals to continue moving towards energy efficiency, renewable energy, and sustainability to create a robust and resilient energy system in future. RK Singh has launched the campaign, through video conference in New Delhi, […] Read more
EV Sales to Fall 18% in 2020, Long Term Prospects Unharmed: BNEF Updated On Wed, May 20th, 2020 by Saurenergy Sales of electric vehicles (EV) are forecast to fall 18% in 2020, to 1.7 million worldwide – with the pandemic interrupting 10 successive years of strong growth. Sales of electric passenger vehicles (EV) are forecast to fall 18 percent in 2020, to 1.7 million worldwide – with the coronavirus crisis interrupting ten successive years of […] Read more
