O2 Power Signs PPA With Railways To Supply Renewable Power Updated On Mon, Dec 2nd, 2024 by Saurenergy Indian renewable energy company O2 Power has signed a Power Purchase Agreement (PPA) with East Central Railway (ECR) to supply renewable power. The energy will be sourced from O2 Power’s 360 MW installed capacity spanning Rajasthan, Gujarat, and Karnataka. This aligns with Indian Railways’ efforts to achieve net-zero emissions. Indian Railways has planned to go net-zero […] Read more
Grew, Jakson, Saatvik & Jupiter Get Nod For Solar Cell Plants In Odisha Updated On Sun, Dec 1st, 2024 by Saurenergy The Odisha government has approved significant investment plans from leading solar companies, solidifying its position as a rising hub for solar cell manufacturing in India after Gujarat. This comes after several solar companies have already shown their interest to invest in the state for solar cell manufacturing. At a recent High-Level Clearance Authority (HLCA) meeting, […] Read more
Melwyn Moses Joins Borosil Renewables As CEO (Managerial) Updated On Fri, Nov 29th, 2024 by Saurenergy Borosil Renewable recently appointed Melwyn Moses as its new Chief Executive Officer (Key Managerial Personnel). He has a career spanning nearly three decades. He brings expertise in manufacturing transformation, supply chain optimization, strategic investment planning, and operational excellence. Having served in key global leadership roles, he has successfully managed operations across 31 manufacturing sites and […] Read more
Karnataka: KERC Notifies New Fee Structure For Energy Stakeholders Updated On Thu, Nov 28th, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has released its latest order, notifying the fee structure applicable to various stakeholders in the state’s power sector. The commission, after issuing a draft notification, has finalized and published the Karnataka Electricity Regulatory Commission (Fee) Regulations, 2024. These regulations outline the fees for different categories of applications and cases […] Read more
Sustainability Manager Updated On Thu, Nov 28th, 2024 by Saurenergy The Energy & Sustainability Manager oversees the development, roll-out and ongoing reporting of energy and sustainability related initiatives across the portfolio to ensure delivery of client KPI’s including but not limited to energy savings, carbon emission reduction, water, and waste management. This role is responsible for developing and implementing a sustainability strategy for a client’s […] Read more
News Briefs Nov 28- Indonesia’s 75 GW RE target, KKR Acquires Encavis, SolarZero Drops to Zero Updated On Thu, Nov 28th, 2024 by Saurenergy Indonesia Plans 75 GW of RE By 2040 One of the few bright spots from the G20 meet meet in Brazil was the announcement by Indonesian president Prabowo Subianto, of a 75GW renewable energy capacity target for the country. Solar is expected to be a key part of this 75 GW target, which will also […] Read more
5 PPA Models Shaping Renewable Energy Procurement in US & Europe Updated On Wed, Nov 27th, 2024 by Saurenergy As renewable energy becomes a larger part of power grids across the globe, challenges like negative prices and reduced value for standalone profiles, particularly solar, are emerging, particularly in developed power markets. Market participants generally agree that the risk of negative prices will likely get worse before it improves. Innovative Power Purchase Agreements, or PPA […] Read more
Top 5: Largest Solar Projects in the Middle East Region Updated On Wed, Nov 27th, 2024 by Saurenergy The Middle East region is making strides in renewable energy growth as global development increasingly moves away from conventional sources of energy. Renewable energy sources, such as solar, wind, and green hydrogen, have become the new engines powering growth and development. Some of the major oil-producing countries, like the UAE and Saudi Arabia, are now […] Read more
Hybrid Projects: KERC Issues Order To Bring Clarity On Transmission Charges Updated On Tue, Nov 26th, 2024 by Saurenergy The Karnataka Energy Regulatory Commission (KERC) has tried to bring clarity on transmission charges of hybrid projects. The state power regulator issued a suo motu order in this regard. The order was especially for wind-solar hybrid projects. This comes after Fourth Energy Partner approached the state commission for clarification. National wind-solar hybrid policy Earlier, the […] Read more