One Year On, Vedanta Emerges as Top Buyer On GTAM Market of IEX Updated On Mon, Aug 23rd, 2021 by Saurenergy Indian Energy Exchange, (IEX) celebrated the first anniversary of the start of trading on its its Green Term Ahead Market (GTAM) with a special conference. IEX informs us that the GTAM has cumulatively traded 2744 MU of renewable energy in its first year comprising of 1267 MU volume in the solar segment and 1477 MU […] Read more
Major CERC Judgement on Safeguard Duty Payment, Discount rate, Liability Updated On Mon, Aug 23rd, 2021 by Saurenergy In a detailed 97 page order, the Central Electricity Regulatory Commission has passed an order that covers multiple petitions filed by 34 solar power developers, SECI itself, and involving multiple discoms across the country. The CERC was forced to move to this format as the queries were broadly the same, and required to be settled […] Read more
RE Investment in India Bounces Back from COVID-19 Slowdown: IEEFA Updated On Mon, Aug 23rd, 2021 by Saurenergy Renewable energy investment is rising again in India following the slowdown in the previous financial year due to the onset of the COVID-19 pandemic, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). In the first four months of this financial year (FY), from April to July 2021, investment […] Read more
BiPV Global Market to Grow to US$23.3 B by 2027, Says Report Updated On Mon, Aug 23rd, 2021 by Saurenergy Amid the COVID-19 crisis, the global market for building integrated photovoltaics (BiPV) is estimated to grow from US$10.3 billion in the 2020 to reach US$23.3 billion by 2027, says a new report entitled “Building Integrated Photovoltaics (BiPV) – Global Market Trajectory & Analytics.” The full report can be accessed here. The CAGR over the analysis period 2020-2027 […] Read more
Vistra, LG Energy Expand Californian Battery Facility to 1.6 GWh Updated On Fri, Aug 20th, 2021 by Saurenergy Vistra Corp., a Texas-based energy firm, and LG Energy Solution, a South Korean battery maker, have completed setting up the 400 MW/1.6 GWh Vistra Moss Landing Energy Storage Facility in Monterey County, California. Vistra recently finished construction on Phase II of the facility. The battery system is now storing power and releasing it to California’s grid […] Read more
Tesla & Local Partners to Build Storage Facility in Japan Updated On Fri, Aug 20th, 2021 by Saurenergy US auto major Tesla is partnering with Japanese companies to build an energy storage facility using its rechargeable battery in Hokkaido in northern Japan to help stabilise the power system. Tesla will collaborate with Japanese power retailer and aggregator Global Engineering and engineering firm Ene-Vision to build the energy storage facility connected to the grid […] Read more
Swedish Venture Ships World’s First Coal-free ‘Green Steel’ Updated On Fri, Aug 20th, 2021 by Saurenergy Sweden-based steel maker SSAB has claimed that it has produced “the world’s first fossil-free green steel” and delivered it to its first customer, the Volvo Group, as part of the HYBRIT project- a partnership between SSAB, energy firm Vattenfall, and mining and minerals group LKAB that was founded in 2016. HYBRIT, or Hydrogen Breakthrough Ironmaking Technology, […] Read more
ICRA Predicts 8-10% Share For E Buses by 2025 Updated On Fri, Aug 20th, 2021 by Saurenergy Buses, the bulwark of public transport in any well planned transport system, are set to be a key part of the transition to electric mobility in India too. Thanks to focused subsidies and pressure to improve a decrepit bus network in most markets, e-buses are set to make a large impact in this category. For […] Read more
For The Third Time in August, APTEL Sets Aside KERC Order Updated On Fri, Aug 20th, 2021 by Saurenergy For the third time this month, the APTEL (Appellate Tribunal For Electricity) has seen it fit to set aside an order of the Karnataka State Regulatory Commission (KERC). While the broad issue is the same, the beneficiary this time is Hyderabad based Sirwar Renewable Energy Private Limited, a firm that had set up a 2 […] Read more
