IEX September Update- Green Market Grows 214% Growth Updated On Mon, Oct 7th, 2024 by Saurenergy The Indian Energy Exchange, India’s pre-eminent electricity exchange, achieved total monthly volume (including certificates) of 11,370 MU in September’24, marking a 24% year on year increase. The electricity volume (including green electricity volume) during the month at 10,332 MU, increased 21% YoY. The renewable energy certificates (REC) at 1,031MU, increased 100% YoY. At Rs 110 […] Read more
TotalEnergies Launches Two Major Solar Farms with Battery Storage in Texas Updated On Fri, Oct 4th, 2024 by Saurenergy TotalEnergies has begun commercial operations at two utility-scale solar farms, Danish Fields and Cottonwood, in southeast Texas. Both projects, equipped with battery storage systems, have a combined capacity of 1.2 GW and are part of the company’s 4 GW renewable energy portfolio currently operational or under construction in Texas. Danish Fields, the company’s largest solar […] Read more
India’s Power Sector Surge: Motilal Oswal Tracks A Rs 40 Trillion Investment Opportunity Updated On Wed, Oct 2nd, 2024 by Saurenergy India’s power sector is on the cusp of a major transformation, offering colossal investment opportunities over the next decade. Economic growth, energy transition, and technological advancements will drive the sector’s rapid growth, according to a Motilal Oswal report titled “Power Utilities: EmPOWERING INDIA!” The report outlines the massive growth and investment potential in the sector […] Read more
The Australia Experience: How Energy Storage is Transforming National Grids Updated On Mon, Sep 30th, 2024 by Saurenergy Energy storage has undeniably emerged as a critical component in the growth of solar energy. For much of the last decade, high installation costs and the intermittent nature of renewable energy sources were major barriers to wider adoption. However, advancements in technology and government subsidies have significantly reduced these costs, with increased competition and production […] Read more
GERC Reaffirms Right Of Developers To Replace Damaged Modules Updated On Fri, Sep 27th, 2024 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) in its latest order said that the solar generators are entitled to replace their older damaged solar panels with new modules by abiding with the committed CUF (Capacity Utilisation Factor). The order of the state power regulator came to the light while hearing a petition of solar power generator […] Read more
MAHAPREIT and NTPC Sign RE Projects Worth 10 GW Updated On Fri, Sep 27th, 2024 by Saurenergy NTPC Green Energy Ltd (NGEL) is a wholly owned subsidiary of NTPC Ltd, under which a joint venture agreement was signed with Mahatma Phule Renewable Energy and Infrastructure Technology, MAHAPREIT. Together, the two firms are set to develop 10 GW of renewable energy parks and projects in the state of Maharashtra or other states in […] Read more
SolaX Hosts Technical Seminar With Solar Industry In Nagpur Updated On Thu, Sep 26th, 2024 by Saurenergy Solar inverter company SolaX Power recently hosted its outreach programme at Nagpur in Maharashtra. A key focus of the seminar was the PM Surya Ghar Muft Bijlee Yojana, aimed at providing free electricity to one crore households opting for rooftop solar systems. The seminar started with the sharing of industry insights from Vipin Bhardwaj, the […] Read more
WTO Establishes Panel To Ascertain Tax Credits Rule Under IRA Updated On Thu, Sep 26th, 2024 by Saurenergy The World Trade Organization’s (WTO) Dispute Settlement Body (DSB) at a recent meeting agreed to a request from China to establish a dispute panel. This panel will rule on the WTO compatibility of certain tax credits under the US Inflation Reduction Act (IRA). The move was expected after China made it clear that it opposed […] Read more
4-Year Project Delay Proves Expensive For Rajasthan Solar Developer Updated On Thu, Sep 26th, 2024 by Saurenergy The Appellate Tribunal For Electricity (APTEL) bench has gone with the views of the Rajasthan Electricity Regulatory Commission (RERC) in a case (appeal no 172 of 2019) involving a solar power developer, Arjun Green Power Pvt Limited against the order of the former. Case Overview: Arjun Green Power Pvt. Ltd., a solar power developer, appealed […] Read more
