D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification Updated On Fri, Feb 10th, 2023 by Saurenergy D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […] Read more
Adani Green Energy Q3 Results- Operational Capacity Up 35%, EBITDA 44% Updated On Tue, Feb 7th, 2023 by Saurenergy Embattled Adani group firm, Adani Green Energy Limited has reported its results for the Q3, Fy23. The firm, with a target of 25 GW of renewable assets by 2025, has reported a strong financial Performance, with revenue from power supply increasing by 39% YoY to Rs 3,695 Cr. The firm continued to lead in generation […] Read more
GUVNL Issues Tender For 500 MW Solar Power Projects Updated On Tue, Feb 7th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Ltd. (GUVNL) has issued tender inviting bids for purchase of power through competitive bidding process [followed by reverse e-auction] from 500 MW grid connected solar photovoltaic power projects (Phase XIX) to be set up anywhere in India with greenshoe option of additional upto 500 MW. GUVNL tender puts the last date […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
STT GDC India Sources RE From O2 Power For Its Bengaluru Datacenters Updated On Wed, Feb 1st, 2023 by Saurenergy ST Telemedia Global Data Centres India (STT GDC India) will be purchasing renewable energy from O2 Energy to power its Bengaluru facility in Karnataka. STT GDC India has announced a partnership with O2 Renewable Energy (IV) Private Limited, a subsidiary of O2 Energy where the RE purchase will be made under captive structure. Sumit Mukhija, […] Read more
EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023 Updated On Mon, Jan 30th, 2023 by Saurenergy Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […] Read more
Association of Renewable Energy Agencies of States & Industry Body CMAI Join Hands Updated On Thu, Jan 19th, 2023 by Saurenergy Industry body Carbon Markets Association of India (CMAI) and Association of Renewable Energy Agencies of States (AREAS) have forged a partnership. They have joined hands to share knowledge and information on developments that are policy and regulations related. The two will work together for making progress in the carbon market and to encourage the set […] Read more
Maharashtra (MSEDCL) Invites Bids For Development Of 500 MW Solar Under PM KUSUM Updated On Thu, Jan 12th, 2023 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has issued a Request for Selection (RfS) for procurement of cumulative 500 MW (ac) solar power from decentralised solar projects under Component-C of PM KUSUM scheme that will be developed in Maharashtra. MSEDCL tender says that the last date for bidding is February 13, 2023 and pre bid […] Read more
Canadian Start-up Hygge Energy Joins Hands with IOC for EV Solar Charging Updated On Mon, Jan 2nd, 2023 by Saurenergy Hygge Energy – a Canada based cleantech provider – has said that it has successfully implemented an EV charging pilot project at the retail outlet of Indian Oil Corporation (IOCL) in Bengaluru. The project called ‘Zero Emission Electric Mobility’ has employed the software solution platform of Hygge that could enable the installer of the EV […] Read more
