Electricity Market at IEX Records All-time High Volume of 8248.52 MU in March 2021 Updated On Wed, Apr 7th, 2021 by Saurenergy The electricity market at IEX achieved an all-time high volume of 8248.52 MU in the month of March 2021 Spurred by the increasing demand for electricity across the various States, the electricity market at Indian Energy Exchange (IEX) achieved an all-time high volume of 8248.52 MU in the month of March 2021 surpassing all the […] Read more
Dr. Rahul Walawalkar-IESA Appointed to CERC’s Central Advisory Committee Updated On Wed, Apr 7th, 2021 by Saurenergy CERC has selected Dr. Rahul Walawalkar, President of IESA to be a part of the Central Advisory Committee (CAC) of the power regulator The Central Electricity Regulatory Commission (CERC), the power sector regulator in India has appointed Dr. Rahul Walawalkar, President, India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility to […] Read more
ReNew Power Successfully Prices USD 585 Million of Green Bonds Updated On Tue, Apr 6th, 2021 by Saurenergy ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […] Read more
GCF Approves USD 137 Mn FMO Investment in India’s Green Growth Equity Fund Updated On Tue, Apr 6th, 2021 by Saurenergy The Board of GCF has approved the proposal by FMO to accelerate private and public sector investment in India’s green infrastructure projects. The Board of the Green Climate Fund (GCF) has approved Dutch development bank FMO’s proposal to accelerate private and public sector investment in India’s green infrastructure projects. Through the Green Growth Equity Fund […] Read more
ONGC Tenders for 15 MW Solar Plant at Vagra Site in Gujarat Updated On Tue, Apr 6th, 2021 by Saurenergy ONGC has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at its Vagra Site in Gujarat. The state-owned Oil and Natural Gas Corporation (ONGC), a multinational crude oil and gas entity, has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at […] Read more
SunCable’s 14 GW Plan Inches Ahead With Move for Solar Mfg Plant in Darwin Updated On Tue, Apr 6th, 2021 by Saurenergy Sun Cable, the Singapore-based consortium handling the world’s largest electricity infrastructure project, aka the $22 billion Australia-ASEAN Power Link (AAPL), revealed this week that it had lodged an application with the Northern Territory’s Development Consent Authority for a facility in the region’s capital, Darwin. The said facility will manufacture Maverick solar array systems designed by […] Read more
EBRD supports KESH’s first floating solar photovoltaic plant in Albania Updated On Mon, Apr 5th, 2021 by Saurenergy Albania is making rapid progress with its plans to meet renewable energy targets, with the construction of a 12.9 MW floating solar photovoltaic (PV) farm thanks to a €9.1 million loan provided by the European Bank for Reconstruction and Development (EBRD). The farm will be the first floating solar plant of this size in Albania and […] Read more
Electric Vehicles Market Share to Exceed 50% From 2033: Rystad Updated On Mon, Apr 5th, 2021 by Saurenergy The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […] Read more
Siemens Gamesa and Repsol Agree to Install 120 MW Across 4 Wind Farms in Spain Updated On Mon, Apr 5th, 2021 by Saurenergy Siemens Gamesa and Repsol have signed their first contract that will see the installation of wind turbines across four wind farms in Spain Siemens Gamesa and Spanish energy giant Repsol have signed their first contract together that will see the installation of 24 SG 5.0-145 wind turbines across four wind farms in Spain, with a […] Read more