REC Trading Market Suffers a Hit, Again, As High Court Suspends Trading For 6 Weeks Updated On Mon, Dec 26th, 2022 by Saurenergy The market for trading in Renewable Energy Certificates (RECs) has suffered a fresh blow with the Delhi High Court suspending trading in certificates issued before October 31, 2022 for six weeks. The high court passed its interim orders in response to a petition from the Indian Wind Power Association Northern Region Council’s that challenged the […] Read more
Flipkart Commits 100% Renewable Electricity by 2030 for Operations Updated On Thu, Dec 22nd, 2022 by Saurenergy E-commerce giant Flipkart has said that it has become the first Indian e-commerce company to commit to sourcing 100% of its electricity needs from renewable sources for its entire operations by 2030. As a part of this pledge, Flipkart has taken Climate Group’s RE100 commitment, which is a collaboration of the world’s most influential businesses […] Read more
ACME Group Sets Foot into Gujarat Wind Energy Market with 50 MW Project Updated On Fri, Dec 16th, 2022 by Saurenergy Gurugram-based ACME Group has entered the wind energy market by signing a PPA with Gujarat Urja Vikas Nigam Limited (GUVNL). Currently, ACME runs solar power facilities in 12 States and provides electricity to 13 State DISCOMS. The ACME Group has won its first 50 MW grid-connected wind power project to mark its debut in the […] Read more
Energy Conservation Amendment Bill Passed By RS, Active Carbon Markets A Step Closer Updated On Tue, Dec 13th, 2022 by Saurenergy The Energy Conservation (Amendment) Bill has finally been passed by the Rajya Sabha after introduction by MNRE Minister R K Singh. The Bill that was passed in August 2022 in the Lok Sabha, seeks to amend the Electricity Conservation Act 2001. The new law paves the way for amendments such as issuing carbon saving certificates […] Read more
IEX Power Market Update For November Updated On Mon, Dec 5th, 2022 by Saurenergy The Indian Energy Exchange, India’s premier energy exchange, achieved 7764 MU total volume traded in November 2022, including Green Power trade of 354 MU, and 3.72 lac RECs (equivalent to 372 MU). The total electricity volume traded on the Exchange in November’22 was 7392 MU, an increase of 9% on YoY. However, the overall volume […] Read more
Volkswagen’s Aurangabad Factory Adopts 100% Renewable Electricity Updated On Wed, Nov 30th, 2022 by Saurenergy By 2025, German motor vehicle manufacturer, the Volkswagen Group, hoped to have used only green energy (100% Renewable Electricity) at its Aurangabad site. Three years earlier than anticipated, the German automotive giant has already used only renewable energy at its Aurangabad production facility. In 2018, Skoda Auto Volkswagen India Private Limited (SAVWIPL) ordered the installation […] Read more
As Solar Spreads Out, Marketing Makes an Entrance Updated On Tue, Nov 29th, 2022 by Saurenergy Just over 30 months ago, SaurEnergy did a feature on rooftop solar, “Residential Solar. Market Yes, But Marketing?” That story, in our April 2020 issue talked about the potential in the rooftop solar category, albeit, residential. But there was almost complete lack of formal marketing tactics from firms to attract customers. The few firms with […] Read more
Green Markets: Playing a Pivotal Role in Renewable Energy Integration Updated On Mon, Nov 28th, 2022 by Saurenergy The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […] Read more
Colombian Startup Reimagines Use of Seawater to Create Electricity Updated On Mon, Nov 14th, 2022 by Saurenergy With growing global interest in renewable energy to produce electricity, more and more firms around the world are coming up with innovative solutions. Startups, often known for taking risks and bringing disruptive technologies into the market, are part of this new revolution. One such startup in renewable energy based in Colombia, E-Dina has invented WaterLight- […] Read more
