Financial Impact of Mitigation Policies Centered on Deep Decarbonization Most Severe on These States Updated On Mon, Nov 6th, 2023 by Saurenergy The National Institute of Public Finance and Policy (NIPFP) has released a paper reflecting on ‘Deep De-decarbonization and Regional Equity’ and regional imbalances in India with respect to Variable Renewable Energy. The insightful report has been authored by Sanjay Mitra and Rohan Chandra from the School of Public Policy, IIT Delhi. Impact on states The […] Read more
Solar Helped Remote Hospitals Function Optimally: WRI Report Updated On Mon, Nov 6th, 2023 by Saurenergy A latest report from the WRI-India, a climate and energy think tank, claimed that clean power from solar energy fueled through Distributed Renewable Energy (DRE) systems boosted the capacity of remote healthcare centres nationwide. The report was titled ‘A Spoonful of Solar to Help the Medicine go Down’. WRI-India recently released the report in New Delhi recently. The […] Read more
Tight Power Markets Drive Up Volumes 21% YoY On IEX Updated On Mon, Nov 6th, 2023 by Saurenergy Indian Energy Exchange, India’s premier energy exchange, achieved 9260 MU total electricity volume in October 2023, registering an increase of 21% on YoY basis. IEX achieved 9,483 MU overall volume, including 2.17 Lac Renewable Energy Certificates (RECs) (equivalent to 217 MU) and 5,814 Energy Saving Certificates (ESCerts) (equivalent to 5.8 MU). The overall volume traded during […] Read more
LONGi Announces Developing 33.9% Efficiency With Perovskite Updated On Mon, Nov 6th, 2023 by Saurenergy Chinese solar module manufacturer–LONGi claimed to have developed a 33.9 percent efficiency in crystalline silicon-perovskite tandem solar cells. It is reported that the previous world record was 33.7% and was conducted by King Abdullah University of Science & Technology (KAUST) in May this year. According to the latest certification report of the US National Renewable […] Read more
NTPC REL Announces Tender for Wind Project of 1080 MW Updated On Mon, Nov 6th, 2023 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has issued a tender inviting bids from eligible bidders on single stage two-envelope (including techno-commercial bid and price bid) basis for Balance of System package of ISTS connected wind energy project with nominal capacity of 1080 MW in Karnataka. The scope of work entails detailed design, engineering, micro-siting, manufacturing, […] Read more
NTPC REL Achieves Commercial Operation of First Wind Project of 50 MW Updated On Mon, Nov 6th, 2023 by Saurenergy NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC, has announced the commercial operation of its wind first project. The said project is for a capacity of 50 MW at Dayapar in Kachch, Gujarat. With the commissioning of this project, the cumulative installed capacity of NTPC Group has become 73,874 MW while the total […] Read more
NTPC REL Issues Tender for Substation Pkg for 630 MW Solar Park Updated On Fri, Nov 3rd, 2023 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has issued a tender inviting online bids from eligible bidders on single stage two envelope (envelope-I: techno-commercial bid and envelope-II: price bid) basis for substation package under development of 630 MW Barethi Solar Park. Brief Scope of Work 1. Design, engineering, supply, erection, testing and commissioning of- a. 400 […] Read more
Zero Emission Vehicle Can Reduce Emission By 80% In US: NREL Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from the National Renewable Energy Laboratory (NREL) stated that the adoption of zero-emission electric vehicles (EV) in the US would allow the nation to move closer to an 80% or more drop in transportation-related greenhouse gas (GHG) emissions by 2050. This, the report said would lead to a drop of the emissions […] Read more
IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23 Updated On Fri, Nov 3rd, 2023 by Saurenergy The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […] Read more