IEX June Update- Prices Hold Steady As Demand Rises Updated On Wed, Jul 3rd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved electricity volume of 10,185 MU in June’24, marking a 24.7% year on year increase. The total monthly volume including certificates at 10,677 MU, increased 19.4% on year-on-year basis. For the first quarter of the fiscal year 2025, IEX achieved electricity volume of 28,178 MU, an increase […] Read more
Govt Proposes Timelines For Activating EV Charging Connections Updated On Tue, Jul 2nd, 2024 by Saurenergy The Ministry of Power has now issued a new draft notification to expedite the growth of installation of electric vehicle charging stations. The ministry has also specified a minimum time period for the electricity distribution companies (discoms) to supply electricity connections to the EV charging points/stations which goes to as low as three days for […] Read more
KLK Ventures Bags 5 MW Allotment From UPNEDA For Solar Projects Updated On Tue, Jul 2nd, 2024 by Saurenergy Noida-based KLK Ventures Private Limited has been selected by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) as one of the solar power developers for an ambitious 500 MW grid-connected rooftop solar photovoltaic (PV) project. This project will be implemented on government, semi-government buildings, and other institutions across Uttar Pradesh under the Renewable […] Read more
NSEFI, BSW Collaborate For Delhi’s First PV-Powered EV Charging Station Updated On Tue, Jul 2nd, 2024 by Saurenergy The National Solar Energy Federation of India (NSEFI), India’s leading solar policy advocacy body unveiled Delhi’s first grid-connected solar-powered EV charging station at Hauz Khas Village Parking Station. The solar-powered EV charging station was inaugurated by the German Ambassador to India and Bhutan, Philipp Ackermann. The formal inauguration was done on 26th June 2024 in the […] Read more
India’s Data Centre Boom Opens Up A Fresh Segment For Green Developers Updated On Mon, Jul 1st, 2024 by Saurenergy By-Tej Prakash Bharadwaj & Manish Kumar Notwithstanding the sluggish growth of data centres in India in the early 2000s, the advent and popularity of AI means that the data center sector in India is now set for a significant expansion matching its status as a regional power. With a total capacity of around 1,000 Megawatt […] Read more
5 Key Takeaways: Statistical Review of World Energy Report Updated On Fri, Jun 28th, 2024 by Saurenergy As the world grapples with the dual challenges of ongoing climate change and the transition to sustainable energy sources, the Energy Institute’s Statistical Review of World Energy offers valuable insights into global energy trends. The latest edition of the report, now in its 73rd iteration and the second under the Energy Institute, analyzes data from […] Read more
NHPC, GUVNL Sign PPA For 200 MW Solar Power Project At Khavda Updated On Fri, Jun 28th, 2024 by Saurenergy National Hydroelectric Power Corporation (NHPC), a power generation company recently signed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL). This PPA was signed for a 200 MW capacity solar power project within Gujarat State Electricity Corporation Limited (GSECL) ‘s renewable energy (RE) park at Khavda (GSECL Stage-3). This project has an […] Read more
DERC Issues Peer-to-Peer Energy Transaction Guidelines 2024 Updated On Fri, Jun 28th, 2024 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) recently released Peer-to-Peer Energy Transaction Guidelines 2024. These guidelines aim to foster the use of renewable energy and provide additional income opportunities for prosumers. By leveraging innovative technologies and ensuring consumer savings, DERC has sought to enable prosumers and eligible consumers to securely and reliably buy and sell electricity […] Read more
ENGIE Signs PPA for 200 MW Solar PV Project With GUVNL Updated On Fri, Jun 28th, 2024 by Saurenergy ENGIE, a leader in low-carbon energy solutions, has announced the signing of Power Purchase Agreement (PPA) for a 200 MW Solar Photovoltaic (PV) project. This project is part of Gujarat Urja Vikas Nigam Limited’s (GUVNL) larger project encompassing 1,125 MW grid-connected Solar PV power projects, to be established within the Gujarat State Electricity Corporation’s Renewable […] Read more
