RK Singh Criticises Selected Countries For Putting Trade Barriers Updated On Thu, Jul 6th, 2023 by Saurenergy Union Minister For New and Renewable Energy RK Singh has now targeted several countries which allegedly created trade barriers through several means to halt the growth of renewable energy. He said that such interventions often halted the global ambitions of countries to go net-zero. He also said that India too could put similar barriers. He, […] Read more
Portugal Scales Up PV Target From 9 GW to Over 20 GW By 2030 Updated On Thu, Jul 6th, 2023 by Saurenergy Keeping up with the trend of countries all over the world expecting, and seeking more from Solar power, Portugal has also enhanced it’s PV targets by over 2X to 20 GW, by 2030. The new targets are driven by a need to accelerate the energy transition, and an extra push from establishing green hydrogen manufacturing […] Read more
Solar Canals Deliver On Promise, Yet Fail To Find Market Updated On Thu, Jul 6th, 2023 by Saurenergy By-Ravleen Kaur A streak of blue cuts across the yellow landscape as one takes a turn while travelling through the Mehsana district of Gujarat. The dry smell of dust alerts one about the arid zone ahead and the heat is an indication of impending summers in this terrain. Soon, the blue line turns grey with […] Read more
IEX Sees 8% Volume Increase YoY in June ’23 to Reach 8946 MU Updated On Wed, Jul 5th, 2023 by Saurenergy Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8946 MU overall volume in June 2023, including green market trade of 272 MU, 5.33 lac RECs (equivalent to 533 MU) and 2.44 lac ESCerts (equivalent to 244 MU). The overall volume during the month was higher 8% on YoY basis. IEX achieved 25,125 MU volume […] Read more
Angola Secures €1.29 Billion Loan for Renewable Mini-Grids and Grid Expansion Updated On Tue, Jul 4th, 2023 by Saurenergy Angola’s Ministry of Finance has secured a loan of €1.29 billion ($1.41 billion) through the assistance of Standard Chartered Bank, UK. This funding will be utilized to implement 48 solar photovoltaic (PV) and energy storage mini-grids across various rural areas across Angola. The primary objective of this initiative is to promote self-sufficiency in energy consumption […] Read more
US targets Solar For Low Income Households With $7 Billion Grants Competition Updated On Tue, Jul 4th, 2023 by Saurenergy After giving a fillip to utility scale solar and solar manufacturing through the Inflation Reduction Act, the US is now focusing on the one aspect of solar power that has been a challenge. Providing low income families the option to go for solar. Till now, this has been an issue not just in the US […] Read more
APTEL Determines Interim CUF at INR 5.71 Per Unit for ODisha Hydro Project Updated On Mon, Jul 3rd, 2023 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has accepted the plea of Baitarani Power Project Private Limited contending the previous order of the State Commission, which had reduced its project tariff for a 24 MW small Hydro Electric Project to INR 5.03 per unit. The order had been passed by the Odisha Electricity Regulatory Commission in […] Read more
Ministry Of Power Notifies Domestic Carbon Credit Market Scheme Updated On Fri, Jun 30th, 2023 by Saurenergy The Ministry of Power has now notified the Indian Carbon Credit Market Scheme to boost the trading of carbon credits in the country. The scheme provisions talk about how the market would be governed in the country. The scheme proposed the constitution of a National Steering Committee, which will govern the Indian Carbon Credit […] Read more
India Gets Ready To Roll Out Its Domestic Carbon Credit Market Scheme Updated On Fri, Jun 30th, 2023 by Saurenergy Around a year after the Indian Parliament passed the Energy Conservation Bill 2022, the final draft of a scheme meant to govern the Indian domestic carbon credit market is close to completion. This legislation mandated the government to come out with rules to create a local carbon credit market. According to officials in the concerned ministries, […] Read more
