Power Finance Corp Signs Loan Agreement With Japan Bank For JPY 30 Billion Updated On Fri, Jul 8th, 2022 by Saurenergy An Indian financial institution under the ownership of the Ministry of Power, Power Finance Corp (PFC) has signed a loan agreement with Japan Bank for International Cooperation (JBIC). Through this loan agreement, Power Finance Corp will seek JPY 30 billion as loan amount from JBIC. As part of its “Global action for Reconciling Economic growth […] Read more
Woodmac Ranking for Inverter Shipments In 2021 Retains Huawei at 1, Top 5 Firms Chinese Updated On Fri, Jul 8th, 2022 by Saurenergy In the second global PV Inverter rankings in two weeks, it is the turn of Wood Mackenzie, a Verisk business to release the numbers. And the rankings makes for an interesting list, as Huawei has managed to protect its leadership herem unlike in the case of the IHS Markit’s rankings in June. Consolidation at the […] Read more
Himachal Group Opposes World Bank Consultation Over Hydropower Updated On Fri, Jul 8th, 2022 by Saurenergy A motley group of dam affected people and other activists in Himachal Pradesh have shot off a letter to the World Bank and Directorate of Energy, HP, on July 6 protesting against the hydropower projects in the state. They also boycotted the scheduled ‘Stakeholder Consultation’ for the proposed $200 million ‘Himachal Pradesh Power Sector Development Programme’. […] Read more
Kerala Regulator Gives Nod To Reduced Tariff On Procurement Of Solar Power Updated On Thu, Jul 7th, 2022 by Saurenergy The Kerala State Electricity Board (KSEB) has received the nod of the Kerala State Electricity Regulatory Commission (KSERC) towards the procurement of 90 MW of solar power for 25 years at a reduced tariff of Rs 2.77 kWh from NTPC. The Commission gave its approval to KSEB to finalise the PPA at the lower tariff. […] Read more
ECA Committee for Risk Assessment Wants Lithium Salts to be in Category 1A Updated On Thu, Jul 7th, 2022 by Saurenergy A major international chemical maker has warned that new draft proposals labeling some materials as “hazardous” could impact negatively investments in the lead and lithium battery sectors in Europe. The European Union (ECA Committee) was forewarned by lithium and battery manufacturers that a proposal to label the metal as hazardous may seriously harm Europe’s expanding […] Read more
Jakson Group Launches Jakson Green, Signaling New Green Reality Updated On Thu, Jul 7th, 2022 by Saurenergy Jakson Group, one of India’s leading energy and infrastructure company, has today announced its new venture Jakson Green Pvt Limited (JGPL). Jakson Green Pvt Limited will focus on Green Hydrogen & Ammonia, Waste to Energy, Electrolysers and Fuel cells, Utility-scale Battery Energy Storage Systems(BESS), Solar and related Operation & Maintenance services across all these lines […] Read more
Enlight About To Acquire 525 MW Solar, Wind Projects In Croatia Updated On Wed, Jul 6th, 2022 by Saurenergy Israel based clean electricity producer Enlight Renewable Energy has announced the signing of an agreement for the acquisition and joint development of a 525 MW portfolio of renewable energy projects in Croatia. The portfolio comprises five projects, four of which are solar, totaling 386 MW and one of which is wind, totaling 139 MW. These […] Read more
Preparing For Next Power Crisis, Section11 Of The Electricity Act Invoked Updated On Tue, Jul 5th, 2022 by Saurenergy The government has permitted imported coal-based power plants to sell any surplus electricity to other states. The emergency provision that was used in May of this year (2022) to get non-operational imported coal-based facilities to start generating electricity in the face of a substantial increase in demand has been clarified by the power ministry. If […] Read more
IEX Power Trading Update for June 2022 Updated On Tue, Jul 5th, 2022 by Saurenergy The Indian Energy Exchange achieved 8267 MU volume in June ’22 comprising 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, registering 17% YoY volume growth across all market segments. Owing to improved supply-side availability, the prices at the day […] Read more
