Energy Conservation Amendment Bill Passed By RS, Active Carbon Markets A Step Closer Updated On Tue, Dec 13th, 2022 by Saurenergy The Energy Conservation (Amendment) Bill has finally been passed by the Rajya Sabha after introduction by MNRE Minister R K Singh. The Bill that was passed in August 2022 in the Lok Sabha, seeks to amend the Electricity Conservation Act 2001. The new law paves the way for amendments such as issuing carbon saving certificates […] Read more
Tata Power-DDL Wins Innovation with Impact Award at ICC Energy Summit Updated On Fri, Dec 9th, 2022 by Saurenergy Tata Power Delhi Distribution Ltd (TPDDL), a joint venture between Tata Power and the Government of Delhi, has secured the Innovation with Impact Award in the category of “Quality of Service and Customer Empowerment”. TPDDL was awarded at the 16th India Energy Summit, which was held in New Delhi and was hosted by the Indian […] Read more
Djibouti Inks Pact For 10-GW Renewables & Green Hydrogen Project Updated On Thu, Dec 8th, 2022 by Saurenergy A Memorandum of Understanding (MoU) has been signed between renewable energy developer CWP Global and the government of Djibouti for the development of a 10-GW renewable energy and green hydrogen project in Djibouti. Djibouti presently has a mere 62% of its population that has access to electricity. CWP Global held that the RE project is […] Read more
In Key Judgement, CERC Lays To Rest GST Impact On O&M Costs For Developers Updated On Tue, Dec 6th, 2022 by Saurenergy In a significant order last week, the Central Electricity Regulatory Commission (CERC) has finally or seemingly put to rest all doubts on the applicability of the ‘Change in law’ provisions on O&M costs for developers. The Central regulatory authority did this even as it clubbed multiple petitions around the issue from various developers, and after […] Read more
Canadian Solar Bags 256 MW Contracts For South Africa Largest Solar PPAs Updated On Tue, Dec 6th, 2022 by Saurenergy Canadian Solar Inc. has announced that its majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”) signed a 256 MW solar module contract with SOLA Group, a Cape Town-based independent power producer. The 256 MWs will supply the first two largest utility-scale solar power projects in South Africa, which are based on private power purchase agreements (PPAs). […] Read more
India’s Policy Framework For Low-Carbon Electricity Generation Updated On Thu, Dec 1st, 2022 by Saurenergy India recently submitted its Long-term Low-Carbon Development strategy to the requirements of the Paris Agreement. The South Asian country aims to go carbon-neutral by 2070, requiring adopting new technological developments while taking care of all the associated risks. For this, the Policy framework that the country adopts will matter the most in its transition to […] Read more
Voltalia Signs 15-Year Solar Power Supply Contract with Renault Updated On Fri, Nov 25th, 2022 by Saurenergy French renewable energy providing firm, Voltalia, and French automobile manufacturer Renault have entered into a 15-year solar power supply agreement. The agreement will facilitate Renault to make the transition to cleaner energy. 350 megawatts of total capacity, or roughly 500-gigawatt hours of annual production, are covered by the deal. This 15-year commitment is the first-of-its-kind […] Read more
Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha Updated On Fri, Nov 25th, 2022 by Saurenergy Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […] Read more
Microgrid to Attract Multibillion Investments By 2031: Guidehouse Insights Updated On Fri, Nov 18th, 2022 by Saurenergy A new report from Guidehouse Insights has said that Asia Pacific and Middle East and Africa currently lead the energy access microgrids market and are expected to continue leading the energy access across microgrids market through 2031. Revenue from microgrid investments in Asia Pacific will likely reach $7.7 billion by 2031, and microgrid revenue in […] Read more
