CERC Approves Trading Margin of Rs.0.07/kWh in SECI’s PSAs with Distribution Firms Updated On Tue, Nov 7th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI), in its petition, had asked the CERC for the approval of the trading margin of Rs.0.07/kWh agreed to by the distribution companies (Brihanmumbai Electric Supply and Transport; Tripura State Electricity Corporation) in the Power Supply Agreements signed for capacities of 334 MW and 100 MW respectively. The CERC […] Read more
Sri Lanka to Witness its First PV Auction with 200 MW Solar Tender Updated On Tue, Nov 7th, 2023 by Saurenergy Sri Lanka has issued an EoI seeking bids for the development of two 100 MW floating solar plants. The said floating projects will be established at the hydroelectric Samanalawewa Reservoir. The reservoir is 160 km south of Colombo, the capital of Sri Lanka. This is the first solar auction for Sri Lanka. The last day […] Read more
India Will Need 60 GW Of Storage By 2030, Says Research Report Updated On Tue, Nov 7th, 2023 by Saurenergy Global Energy Alliance for People and Planet (GEAPP) and RMI released a report on battery storage systems, defining the role of discoms in accelerating battery energy storage in India. The report titled ‘Powering Progress: Batteries for Discoms, A Market Action Report evaluated the accelerating battery energy storage ecosystem in India. It attempted to provide an […] Read more
Shakti Pumps Records Exports Growth by 12.7% YoY in Q2FY24 Updated On Mon, Nov 6th, 2023 by Saurenergy Shakti Pumps (India) Limited, a manufacturer of stainless-steel submersible pumps, pressure booster pumps, pump-motors, controllers, and inverters among other products, today announced the financial results for the quarter and half year ended September 30, 2023. Shakti Pumps (India) Limited Chairman, Dinesh Patidar, commented on the performance, “We are delighted to report that this has been […] Read more
UPNEDA Revises Norms in 150 MW Solar RFS Under PM KUSUM Updated On Mon, Nov 6th, 2023 by Saurenergy UPNEDA (Uttar Pradesh New Energy Development Agency) had issued a tender for procurement of power through tariff based competitive bidding process from grid connected solar power plants connected to selected segregated agriculture feeder of distribution substation cumulative capacity of 150 MW for sale of power to UPPCL at various locations in Uttar Pradesh through RESCO […] Read more
Global Solar Investments Increased By 2% In Last 8 Years: Report Updated On Mon, Nov 6th, 2023 by Saurenergy A latest report by the International Solar Alliance (ISA) stated that global investment in solar increased by an average of around 2 percent over the last eight years. It added that, on the contrary, fossil fuels are still receiving a major share at nearly a trillion dollars annually. The report put the investment in the global energy sector […] Read more
Financial Impact of Mitigation Policies Centered on Deep Decarbonization Most Severe on These States Updated On Mon, Nov 6th, 2023 by Saurenergy The National Institute of Public Finance and Policy (NIPFP) has released a paper reflecting on ‘Deep De-decarbonization and Regional Equity’ and regional imbalances in India with respect to Variable Renewable Energy. The insightful report has been authored by Sanjay Mitra and Rohan Chandra from the School of Public Policy, IIT Delhi. Impact on states The […] Read more
Solar Helped Remote Hospitals Function Optimally: WRI Report Updated On Mon, Nov 6th, 2023 by Saurenergy A latest report from the WRI-India, a climate and energy think tank, claimed that clean power from solar energy fueled through Distributed Renewable Energy (DRE) systems boosted the capacity of remote healthcare centres nationwide. The report was titled ‘A Spoonful of Solar to Help the Medicine go Down’. WRI-India recently released the report in New Delhi recently. The […] Read more
Tight Power Markets Drive Up Volumes 21% YoY On IEX Updated On Mon, Nov 6th, 2023 by Saurenergy Indian Energy Exchange, India’s premier energy exchange, achieved 9260 MU total electricity volume in October 2023, registering an increase of 21% on YoY basis. IEX achieved 9,483 MU overall volume, including 2.17 Lac Renewable Energy Certificates (RECs) (equivalent to 217 MU) and 5,814 Energy Saving Certificates (ESCerts) (equivalent to 5.8 MU). The overall volume traded during […] Read more
