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
Costs Related to REC Certificates Hiked 2x to 10X By CERC Updated On Tue, Dec 13th, 2022 by Saurenergy In an order dated Dec 9, the Central Electricity Regulatory Commission has accepted the demand of the National Load Despatch Centre (NLDC), the designated entity for registration and issuance of REC (Renewable Energy Certificates) to increase charges linked to the certificates. NLDC had submitted that it was losing money in the whole process, and consequently, […] Read more
Saudi Arabia Announces 10 New Renewable Energy Projects Updated On Mon, Dec 12th, 2022 by Saurenergy The Kingdom of Saudi Arabia is mulling over the development of 10 new renewable energy projects in the country. According to reports, the new RE projects are aimed at enhancing the power generated from solar and wind sources and further reducing the use of fossil fuels – especially oil – to generate electricity. The new […] Read more
Mumbai’s CSMI Airport Sets Up Electric Vehicle Fast Charging Stations Updated On Mon, Dec 12th, 2022 by Saurenergy India’s EV development has drawn attention as people are increasingly inclined to make thoughtful travel decisions. Against this backdrop, Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) has erected six sturdy DC rapid EV charging stations at Terminals 1 & 2 to make a substantial contribution to the country’s green infrastructure while understanding travelers’ preferences. Standing […] Read more
Korkia & Solmar Consulting Join Hands to Set up 1 GW Solar Projects in Finland Updated On Mon, Dec 12th, 2022 by Saurenergy Finnish investment firm in renewable energy, Korkia and US-based developer of renewable energy, Solmar Consulting have joined hands for the establishment of solar capacity worth 1 GW in southern, western and south-western Finland. The two firms are already cooperating for the development of multiple solar parks, which are in the works currently. The parks will […] Read more
IIT Madras, Deakin University to Launch Australia-India Centre for Energy (AICE) Updated On Fri, Dec 9th, 2022 by Saurenergy India and Australia are knitting their interests quite strongly when it comes to the development in the field of renewable energy. In a key development, Australia’s Deakin University has announced that it has partnered with the Indian Institute of Technology (IIT) Madras for the launch of an Australia-India Centre for Energy (AICE). The AICE virtual […] 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
IPP Globeleq Signs PPAs for 450 MW Solar Power in South Africa Updated On Fri, Dec 9th, 2022 by Saurenergy Globeleq, the key partner in the Ikamva Consortium, has said that it has reached legal close on six solar energy projects under South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The solar projects total to 450 MW in capacity. Globeleq, the Africa-focused independent power producer (IPP) – is majority partner in the Ikamva […] Read more
CERC Orders MPPMCL & DMRC to Compensate ACME Solar Updated On Fri, Dec 9th, 2022 by Saurenergy Following the Central Electricity Regulatory Commission’s (CERC) decision pronouncing that solar developers are entitled for compensation in lieu of greater expenses incurred ever since the GST was introduced, solar developer ACME Jaipur Solar Power has asked the Commission to give MPPMCL and DMRC instructions on how to pay the late payment and rate. The Central […] Read more
