South Pole And Oorja To Use New D-RECs For India’s Diesel Problem Updated On Mon, Apr 3rd, 2023 by Saurenergy The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […] Read more
Volkswagen’s EV Charging Firm Electrify America Launches New Project for EV Solar Charging Updated On Thu, Feb 16th, 2023 by Saurenergy Volkswagen’s fast-charging public network firm Electrify America has announced the launch of “Solar Glow 1”, a cleantech project in the Golden State of California. The 75 MW solar power project to be established in San Bernardino County, California will produce 225,000 MWh of clean electricity annually. For the project that looks at charging electric vehicles […] Read more
HPX Concludes 1st e-Reverse Auction Updated On Tue, Feb 14th, 2023 by Saurenergy Hindustan Power Exchange Ltd. (HPX), India’s third power exchange that counts PTC India Ltd, Bombay Stock Exchange, and ICICI Bank among its key backers has successfully concluded its 1st e-Reverse Auction (e-RA) based long duration contract for Indian Railways on February 12. The exchange simultaneously logged its highest single day volume of 36.18MUs. The first […] Read more
IEX Power Market Update for Jan ’23: IEX Clocks In Fiscal’s Highest Monthly Vol of 8639 MU Updated On Tue, Feb 7th, 2023 by Saurenergy The Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8639 MU cumulative volume in January 2023. This is inclusive of Green Power trade worth 347 MU, and 3.95 lac RECs (equivalent to 395 MU). IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and […] Read more
ANERT Issues Tender for Supply of 22 Solar Power Packs for Push Carts Updated On Sun, Feb 5th, 2023 by Saurenergy The ANERT (Agency For Non-conventional Energy And Rural Technology) has issued a tender for 22 standalone off-grid Solar PV power packs for push carts in Kollam and Alappuzha districts of Kerala. ANERT is the “State Nodal Agency (SNA) for the Ministry of New and Renewable Energy (MNRE), Govt. of India, to carry out the centrally […] Read more
HPX Achieves 1 Billion Units Trading Milestone Updated On Tue, Dec 27th, 2022 by Saurenergy Hindustan Power Exchange Ltd. (HPX), India’s newest power exchange promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, has reached the milestone of 1 Billion units of power traded within six months of its launch. The milestone has come on the back of over 360 market participants. HPX has also raced to register […] Read more
REC Trading Market Suffers a Hit, Again, As High Court Suspends Trading For 6 Weeks Updated On Mon, Dec 26th, 2022 by Saurenergy The market for trading in Renewable Energy Certificates (RECs) has suffered a fresh blow with the Delhi High Court suspending trading in certificates issued before October 31, 2022 for six weeks. The high court passed its interim orders in response to a petition from the Indian Wind Power Association Northern Region Council’s that challenged the […] Read more
EVgo: A Convenient, Reliable, & Affordable EV Charging Network Updated On Fri, Nov 25th, 2022 by Saurenergy USA’s EVgo offers a public fast-charging network for electric vehicles, currently operating in metro markets across the country. Since its founding in 2010, the firm has been building its presence in cleaner transportation and has become the largest public DC fast-charging network for EVs in the US. Headquartered in Los Angeles, California, EVgo leads the […] Read more
Prosus & South Pole Sign Deal with Innovative New Climate Finance Instrument Updated On Thu, Nov 10th, 2022 by Saurenergy Global technology investor Prosus and South Pole (top provider of climate solutions) have joined forces to use the new D-REC market tool to deliver distributed renewable energy projects in response to growing calls for greater corporate climate action at COP27. High social impact projects in South Africa and India will be their main priorities. Prosus […] Read more
