With REC Trading Back, IEX Looks To Renewable Growth To Build Momentum Updated On Tue, Nov 30th, 2021 by Saurenergy Highlights: “The RPO compliance equation has to be continuously reassessed as several market-based avenues are available.” “We are currently at some 110 GW, so we have another nine years period to meet the target (500 GW of RE capacity by 2030). Pace at which capacity addition happens must grow at a 50% year on year […] Read more
CERC Grants Trading License to Renew Energy Updated On Tue, Nov 30th, 2021 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) has granted ReNew Energy Markets Private Limited’s (formerly known as Renew Vayu Power Private Limited) request to be granted Category `IV` Trading Licence, which permits the inter-state trading of maximum 2,000 MUs of electricity in one financial year across the nation. The application from Renew […] Read more
Needs Experienced Engineering Professionals (Civil) Updated On Mon, Nov 29th, 2021 by Saurenergy Bharat Heavy Electricals Limited (BHEL), India’s premier engineering and manufacturing enterprise provides World class products and services and caters to core sectors of the Indian economy viz. Power Generation and Transmission, Renewable Energy, Defence, Aerospace, Oil & Gas with over 180 product offerings to meet the needs of these sectors. With a widespread network of […] Read more
After COP26, Germany Steps Up, Promises Euro 1.2 billion For Climate Fight To India Updated On Thu, Nov 25th, 2021 by Saurenergy After the disappointment that was the COP26 conference where developed countries did their best to avoid taking serious measures and push developing countries to do more, Germany has started some mitigation of its own. On Wednesday, Europe’s largest economy and powerhouse announced new development commitments of over Euro 1.3 billion (approx Rs 10,025 crore) to […] Read more
Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done Updated On Thu, Nov 25th, 2021 by Saurenergy Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […] Read more
Greaves Electric Mobility Opens its Largest EV Mfg Facility in Tamil Nadu Updated On Wed, Nov 24th, 2021 by Saurenergy Greaves Electric Mobility, the e-mobility arm of Greaves Cotton Limited, has inaugurated its largest EV production facility in Ranipet, Tamil Nadu. The 35-acre plant built to preserve the green terrain surrounding the site is located in the Industrial Centre of Tamil Nadu and will serve as an electric mobility hub for both domestic and export […] Read more
Adani Solar Plans Expansion in East & N.East with KSL Cleantech’s Help Updated On Tue, Nov 23rd, 2021 by Saurenergy Adani Solar, the Adani Group’s solar manufacturing and EPC arm, has launched a retail distribution business for India’s eastern and northeastern states with KSL Cleantech Ltd as the official channel partner for the two regions. Adani has now extended its reach to more than 1,000 towns in the country for the distribution of solar panels, […] Read more
IEX Announces Resumption of REC Trading From Nov 24 Updated On Mon, Nov 22nd, 2021 by Saurenergy The Indian Energy Exchange (IEX) has announce the resumption in the trading of Renewable Energy Certificates (REC) with effect from Wednesday 24 November 2021, after a gap of almost 16 months. The last REC trade session took place in June 2020. The trade has been resumed in line with APTEL’s recent order dated 09.11.2021 and […] Read more
Renew Power Declares Q2 Results, H1 Revenues Up 26% Over FY21 Updated On Thu, Nov 18th, 2021 by Saurenergy ReNew Energy Global plc (“ReNew Power”), has announced its consolidated results for the Quarter ending September 2021. These are the first full set of results from the firm since its merger with RMG II, a special purpose acquisition vehicle (SPAC) to list on NASDAQ. Till date, the Renew power listing through the SPAC route remains […] Read more
