Karnataka Proposes Short-Term Green Energy Open Access Updated On Tue, May 16th, 2023 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC), in its newly-released draft rules on Green Energy Open Access, has proposed the concept of three different categories of green energy open access consumers. It also includes green energy consumers who can opt for short-term services for less than one year. The new regulations have been named Karnataka Electricity Regulatory Commission […] Read more
Five Maharashtra Villages to Usher Green Energy with Xiaomi India & United Way India Partnership Updated On Mon, May 15th, 2023 by Saurenergy Tech brand Xiaomi India and philanthropic firm United Way India have joined hands to power up five villages in the Palghar district of Maharashtra with renewable energy. The partnership will pave the way to user reliable, sustainable energy by way of solar energy. To make this goal a reality, solar grid system in villages will […] Read more
RWE Invests €8 Billion In Green Energy In Q1, 2023 Updated On Fri, May 12th, 2023 by Saurenergy German energy company–RWE is making swift progress in green energy as it expanded its green portfolio by 4.9 Gigawatt (GW) in the first quarter of 2023 alone. It was done through a massive investment of EUR 8 billion. The EUR 6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest […] Read more
RERC Draft Regulation Proposes New Norms For Green Energy Tariff Updated On Thu, May 11th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has proposed new regulations for power consumers who want to use green energy for their power needs. It comes after the Union government amended the Green Energy Open Access Rules last year. The move allowed the Open Access services to even smaller energy consumers with demands up to 100 Kilowatt (kW). In the […] Read more
Vattenfall Issues £250 Million Hybrid Bond To Finance Green Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Swedish energy conglomerate Vattenfall has announced that it has successfully issued a £250 million green fixed-rate hybrid bond with an objective of financing eligible green projects that meet the requirements of green financing framework of Vattenfall. The company held that the bond issue was almost three times oversubscribed. This is Vattenfall’s first hybrid bond issued […] Read more
Kerala Electricity Board Proposes Premium Green Energy Tariff At Rs 2.5/kwh Updated On Tue, May 9th, 2023 by Saurenergy The Kerala State Electricity Board Limited (KSEBL) recently proposed a premium green energy tariff for power consumers who want to purchase renewable power on demand. In its communication to the State Electricity Commission, the board has proposed a premium tariff of Rs 2.543 per Kilowatt-hour for the supply of clean energy to power consumers in Kerala. In […] Read more
Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent Updated On Wed, May 3rd, 2023 by Saurenergy The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […] Read more
HERC Approves Green Energy Open Access Rules, Ensures Not Levying Reliability Charges Updated On Tue, Apr 25th, 2023 by Saurenergy The Haryana Electricity Regulatory Commission (HERC), in its latest order, approved changes to the draft Green Energy Open Access Rules. This comes after hearing pleas from the electricity generators, power distribution companies, and other stakeholders. The Ministry of Power, earlier on June 6, 2022, came up with its Electricity (Promoting Renewable Energy Through Green Energy […] Read more
SOFAR Presents New Inverter at Green Energy Expo 2023 Updated On Mon, Apr 17th, 2023 by Saurenergy South Korean firm SOFAR, which delves into the supply of PV and Energy Storage System (ESS) solutions, demonstrated its portfolio at Green Energy Expo, further solidifying its presence in the Korean solar market. SOFAR showcased its newly tailored inverter, 100-125KTL-G4 for C&I and small-scale utility applications. Currently, high-power modules are the dominant technology in PV […] Read more
