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ALMM Update: Waaree Energies Dominates, Tata Power At No.2

The latest details furnished by the Approved List of Models and Manufacturers (ALMM) for solar modules by the Ministry of New and Renewable Energy (MNRE) indicated that Waaree Energies continues to dominate the list with the highest capacity. On the other hand, several module manufacturing companies are following up with their increased expansion plans. This […]

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ENGIE India Targets 7 GW utility Scale Portfolio by 2030

In this interview with SaurEnergy, Amit Jain, Managing Director India & South East Asia for ENGIE, the French Multinational Power giant. ENGIE India has been present in the country for a decade now, and looking to play a key role in the country’s transition to a greener grid. The company stands out for its focus […]

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CEA Report Redefines CO2 Baseline For Indian Power Sector

 Central Electricity Authority’s (CEA) latest government report on the CO2 Baseline Database for the Indian Power Sector revealed the impact of the Clean Development Mechanism (CDM) methodologies on the energy projects and on lowering the carbon intensity of the electricity grid. This report aims to provide an authentic baseline to measure emissions data and ensure […]

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Green Stocks Jan 6: Green Stocks Roll Over as Broader Market Slumps

In possibly one of the toughest market days in the past 12 months, all green energy stocks in our basket faced pressure today, with most coming out badly from the selling spree. With a majority belonging to the small-cap and mid-cap space, which was particularly hard hit, the damage is all too visible. And so […]

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CERC Gives Jolt To Shirdi Sai Electricals Over Bank Guarantee Row

The Central Electricity Regulatory Commission (CERC), in its latest judgment, has rejected Indosol Solar’s plea for immunity from furnishing a connectivity bank guarantee. Indosol Solar is a Special Purpose Vehicle (SPV) of Shirdi Sai Electricals. Shirdi Sai Electricals is one of the winners of India’s Production-Linked Incentives (PLI). The central electricity regulator issued the order […]

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CEA’s CO2 Baseline Database- Impact of RE On Indian Grid Emissions Intensity

The Central Electricity Authority (CEA) under the Ministry of Power, Government of India, has published the latest “CO2 Baseline Database for the Indian Power Sector, Version 20.0” in December 2024. The CDM tool, “Tool to Calculate the Emission Factor for an Electricity System” (Version 7.0), was used for the calculations. The calculations are based on […]

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NTPC Green, UPRVUNL Form JV For Renewable Park Projects

NTPC Green Energy Limited (NGEL), an NTPC Limited subsidiary, and, Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL), a state-owned thermal power utility in Uttar Pradesh entered into a 51:49 joint venture (JV). This collaboration aims to develop, operate, and maintain renewable energy parks and projects. NTPC Green announced its latest joint venture (JV) in […]

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December 2024: DAM Prices Dip 14% YoY, Avg RE Prices At Rs 3.92/unit

Indian Energy Exchange (IEX), achieved its highest-ever monthly electricity traded volume of 11,132 MU in December’24, marking a 29% increase on a year-on-year (YoY) basis. During the month, IEX traded 16.62 lakh renewable energy certificates recording a 58% year-on-year increase. For December 2024, the Market Clearing Price in the Day Ahead Market was Rs. 3.89/unit, […]

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Tender, Tariff, and Takers: 2024 A Brief Review

The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […]

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