Why Is The Building Sector Shunning Glasses & Adopting Solar? Know The Benefits Updated On Wed, Apr 26th, 2023 by Saurenergy Several industrial high-rise buildings in the last decade have undergone a construction-related transition. Against the earlier popular and conventional practice of using concrete surfaces, many modern buildings now flaunt flashing glass shields. Not only did the new practice help in making those buildings more eye-catching, but it also aided in increasing the energy efficiency […] Read more
JERC Rejects Plea of Puducherry Firm For Enhancing Net Metering Limit For Captive Solar Updated On Wed, Apr 26th, 2023 by Saurenergy The Joint Electricity Regulatory Commission for the State of Goa & Union Territories has rejected the petition filed by Puducherry-based Rane Brake Lining, seeking relaxation of provision 4.4 of JERC for State of Goa and UTs (solar PV grid interactive system based on net metering) Regulations 2019. The provision imposes a cap on maximum solar […] Read more
MNRE Outlines Calendar For 50 GW RE Tenders Updated On Wed, Apr 26th, 2023 by Saurenergy In a measure of intent that is as strong as it can get, the MNRE (Ministry of New and Renewable Energy) has published a full calendar for the financial year FY23-24, outlining the bidding targets for the 4 key central implementing agencies. These include SECI, NTPC, NHPC and SJVN. Adding up to the announced target […] 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
PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles Updated On Fri, Apr 21st, 2023 by Saurenergy CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […] Read more
Saurabh Kumar is Appointed Head of Global Energy Alliance for People and Planet Updated On Thu, Apr 20th, 2023 by Saurenergy The Global Energy Alliance for People and Planet (GEAPP) has announced the appointment of Saurabh Kumar as the Head of GEAPP in India. GEAPP is an alliance of philanthropy, local entrepreneurs, government, technology, policy, and finance, with a singular focus on solving energy poverty within a green energy transition. Saurabh Kumar brings over 20 years […] Read more
Avaada Energy Bags 421 MW Solar Project for Damodar Valley Corporation Updated On Fri, Apr 7th, 2023 by Saurenergy Avaada Energy, an arm of Avaada Group – an integrated energy enterprise with business interests across the energy transition value chain, has won the 421 MW (DC) ISTS-connected solar PV bid in an auction conducted by REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Ltd., on behalf of Damodar Valley […] Read more
PFC Backs Vibrant Energy With Over INR 2,200 Cr Funding For 300 MW Hybrid Projects Updated On Thu, Apr 6th, 2023 by Saurenergy An owner and developer of corporate renewable energy solutions, Vibrant Energy, has secured more than INR 2,200 crores of project financing from Power Finance Corporation Ltd. (PFC). This funding will aid the firm in establishing 300 MW (AC) of wind-solar hybrid projects in Madhya Pradesh and Karnataka. Vibrant Energy claims this financing will be among […] Read more
“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
