South Africa’s Solar Adoption Gathers Pace, But Challenges Remain Updated On Thu, Apr 4th, 2024 by Saurenergy South Africa has long been plagued by an energy crisis now. This has led to a situation where the nation faces rolling blackouts or load shedding as it has been called, for the past decade and more. It says something for the state of the power sector that a challenge that was predicted well over […] Read more
IEX FY24 and March Update- Overall Volumes Up, Green Market Volumes Slump Updated On Thu, Apr 4th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved 110 BU in FY’24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY’24. REC traded volume in FY’24 increased 26% on YoY basis. The Government undertook several measures […] Read more
DERC New Guidelines Lays Costs On Distributors For Under 11kV Project Updated On Wed, Mar 27th, 2024 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) recently amended guidelines that is called Delhi Electricity Regulatory Commission (Group Net Metering and Virtual Net Metering for Renewable Energy) (Fifth Amendment) Guidelines, 2024. These guidelines are expected to come into effect from 1st April 2024 and remain in force till further amendments. The DERC’s recent notification amendment was […] Read more
Navi Mumbai Issues Tender For 100 MW Floating Solar Project Updated On Tue, Mar 26th, 2024 by Saurenergy A tender has been issued by Navi Mumbai Municipal Corporation (NMMC) inviting bids to develop a 100 MW floating solar project and a 1.5 MW hydroelectric project at Morbe Dam in the Raigad district of Maharashtra. According to the tender, the last day to submit the bids is April 2 while the bids will be […] Read more
CERC Grants Transmission License For Bikaner-III Neemrana Transmission Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Petitioner, Bikaner III Neemrana Transmission Limited (BNTL) has filed the present Petition for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act, 2003 (hereinafter referred to as “the Act”) read with the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of Transmission Licence and other related […] Read more
GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K Updated On Wed, Mar 20th, 2024 by Saurenergy GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […] Read more
MPERC Revises Tariff Reduction, Green Certification Witnesses 42% Reduction Updated On Thu, Mar 7th, 2024 by Saurenergy Madhya Pradesh Electricity Regulatory Commission (MPERC) in its recent notification has announced a 42% reduction in its recent tariff revision and also removed the limitation on the minimum consumption for availing of green energy certification. This revision was made for consumers availing of green energy from distribution licensees only to reduce their carbon footprint and […] Read more
IEX February Update- DAM Price Falls 26% YoY To Rs 4.93/unit Updated On Tue, Mar 5th, 2024 by Saurenergy The Indian Energy Exchange, India’s premier electricity exchange, achieved 9,462 MU overall volume in February’24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February ‘24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time […] Read more
CERC Grants Transmission Approval to POWERGRID In Andhra Pradesh Updated On Fri, Mar 1st, 2024 by Saurenergy A petition was filed by POWERGRID Ananthpuram Kurnool Transmission Limited for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act to establish the Inter-State Transmission System for the “Transmission Scheme for Solar Energy Zone in Ananthpuram (Ananthapur) (2500 MW ) and Kurnool (1000 MW), Andhra Pradesh” on a Build, […] Read more
