Gujarat: Zodiac Energy Secures 30 MW Solar Project From AMC Updated On Tue, Oct 8th, 2024 by Saurenergy Gujarat-based Zodiac Energy recently secured an order from the Ahmedabad Municipal Corporation (AMC) to build a 30 MW ground-mounted solar project in its home state. The company is responsible for designing, supplying, installing, testing, and commissioning a grid-tied solar project. The contract also includes the erection, operation, and maintenance of the project for five years, […] Read more
Tata Power-DDL Wins Deming Prize 2024 Updated On Mon, Oct 7th, 2024 by Saurenergy Tata Power Delhi Distribution Limited, a pioneering power utility supplying electricity to a populace of 7 million in North Delhi, has won the ‘Deming Prize 2024’ in recognition of its Total Quality Management (TQM) practices. The award ceremony to felicitate the winners will take place in November 2024. The Deming Grand Prize, is one of […] Read more
Govt Extends EV Charging Norms For Battery Swapping Centers Updated On Mon, Oct 7th, 2024 by Saurenergy The Ministry of Power (MoP) in its latest notification extended several norms, meant for Electric Vehicle (EV) Charging Stations for Battery Swapping Stations (BSS) and Battery Swapping Charging Stations (BCS). This notification comes at a time when the government and several battery swapping companies are working to boost this alternative means of refueling EVs. The […] Read more
REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding Updated On Mon, Oct 7th, 2024 by Saurenergy REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […] Read more
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
Maharashtra: JSW Neo Gets 1,500 MW / 12,000 MWh Pumped Hydro Storage Project Updated On Thu, Oct 3rd, 2024 by Saurenergy Mumbai-based JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Intent (LoI) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL). Their Bhavali Pumped Hydro Project is located in the Nashik and Thane districts […] Read more
RERC Notifies Draft Green Energy Open Access Regulations 2024 Updated On Wed, Oct 2nd, 2024 by Saurenergy Rajasthan’s Electricity Regulatory Commission (RERC) recently released a draft notification for the Green Energy Open Access (GEOA) regulations for 2024. The commission is inviting suggestions on the draft until October 18th. In this draft, the RERC outlines the criteria for accessing green energy through open access, which will be available upon payment of specific charges. […] 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