Avaada To Develop 6 GW Hybrid Wind-Solar Projects In Gujarat Updated On Mon, Jan 15th, 2024 by Saurenergy Avaada Group recently signed a Memorandum of Understanding (MoU) with the Gujarat government. Per the agreement, the cleantech company aims to set up hybrid wind-solar projects with an aggregate 6000 MW (6 GW) capacity in the coastal state. It has also planned an investment of about Rs 40,000 crore. The agreement between Avaada and the […] Read more
Certified Heat Pump Installations In UK Increased By 20%: MSC Data Updated On Mon, Jan 15th, 2024 by Saurenergy A recent data by MCS Foundation, an industrial body in the United Kingdom (UK) stated that certified heat pump installations in the country witnessed an increase by nearly around 20 percent in 2023. It accredited this jump to an increase in the demand for renewable energy technologies that reached its highest ever level in the […] Read more
Analyst – Power Market Updated On Mon, Jan 15th, 2024 by Saurenergy Analyst – Enterprise SaaS” shall be responsible for implementing energy management initiatives to ensure optimal energy usage for its clients. They shall analyse data, demand patterns and provide recommendations to optimize energy usage, provide forecasts for demand and price. Developing forecasting models. Collaborate with energy suppliers, customers, and load dispatch centre to develop and implement demand/generation […] Read more
EU Adds 17 GW New Wind Energy In 2023, Fails To Meet 30 GW Target Updated On Mon, Jan 15th, 2024 by Saurenergy A latest data by WindEurope found that European Union (EU) built 17 GW of new wind farms in 2023. The report also said that the EU installed 14 GW of onshore and 3 GW of offshore wind energy. The EU report stated, “These numbers are slightly up on 2022 and are the most the EU has ever built […] Read more
CERC Declines To Consider Power Exchange RTM Abortions As ‘Force Majeure’ Updated On Mon, Jan 15th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, declined to consider the plea of BSES Rajdhani Power Ltd, a power distribution licensee from Delhi. The discom had approached the Central Commission asking it to consider the events related to abortion and the cancellation of bids placed on the Real Time Market (RTM) of […] Read more
36 Municipal Schools in Mira Bhayandar to be solarised by MBMC Updated On Mon, Jan 15th, 2024 by Saurenergy The Mira Bhayandar Municipal Corporation (MBMC), Thane, is taking significant steps to enhance energy efficiency by initiating the installation of rooftop solar plants across all municipal schools in the twin-city. Currently, there are 17 structures accommodating 36 municipal schools run by MBMC. The estimated cost of the solar power project is Rs. 50 lakh, with […] Read more
Govt Extends Benefits To Open Access Consumers, Notifies New Rule Updated On Fri, Jan 12th, 2024 by Saurenergy The Ministry of Power has amended its Electricity (Second Amendment) Rules 2023 and inserted new provisions to regulate the sector. These new provisions are related to the rules related to the General Network Access (GNA) and Open Access Consumers in the country. In its newly amended rules, the ministry talked about the additional surcharge for open access […] Read more
14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
CERC Awards Compensation To Indigrid Solar Over Change In GST Rates Updated On Fri, Jan 12th, 2024 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) granted compensation to Indigrid Solar-I (AP) Pvt Ltd. over escalated GST rates. The firm approached the Central Commission seeking compensation, citing increased project costs due to introducing GST on solar products. The solar power generator, in its petition, told the CERC that after the firm submitted […] Read more
