January Power Market- IEX Reports Highest Ever Volumes, Green Power Slides Updated On Tue, Feb 6th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s leading electricity exchange, achieved the highest-ever total volumes in January 2024, reaching 10,893 million units (MU) – marking a 26.1% year-over-year increase. This volume comprises 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) (equivalent to 1,520 […] Read more
Singapore-Based Singtela Develops Green Energy Driven Data Centres Updated On Thu, Feb 1st, 2024 by Saurenergy Singtela has launched an AI development initiative in Singapore and the region, partnering with global and local ecosystem partners in AI, renewable energy, sustainable technologies, and talent development. The company is expanding its regional data center business by building new, green, sustainable, and hyper-connected AI-ready data centers in markets beyond Singapore, such as Indonesia and […] Read more
Sunsure Energy Signs Pact To Supply Solar Power To KSB Ltd For 25 Yrs Updated On Fri, Jan 19th, 2024 by Saurenergy Renewable Energy company Sunsure Energy has signed a Power Purchase Agreements (PPA) with Pune-based KSB Limited, one of the leading pumps and valves manufacturers in India to supply nearly one crore units of green power annually for the next 25 years. Sunsure will set up this captive renewable energy project with KSB Limited as the […] Read more
AmpIn Energy Transition Inks 6 MW Solar Deal With Nagpur Metro Updated On Thu, Jan 18th, 2024 by Saurenergy Indian renewable energy company AmpIn Energy Transition (Formerly Amp Energy India) announced the signing of a Power Purchase Agreement (PPA) of 25 years for a 6 MWp solar project with the Maharashtra Metro Rail Corporation Ltd. (MMRCL), Nagpur Metro Rail Project. MMRCL is a special purpose company jointly sponsored by Maharashtra government and the Union […] Read more
Trillion Dollars Needed For Green Repowering Of Thermal Plants: iFOREST Report Updated On Tue, Jan 16th, 2024 by Saurenergy A latest report from International Forum for Environment, Sustainability and Technology (iFOREST) estimates that India would require more than a trillion dollars in the next 30 years to systematically phase down operations of the existing coal mines and Thermal Power Plants (TPPs) by 2050. The report talked about Just Transition, its financial requirements, and a […] Read more
No Decision On Rajasthan Discom’s Plea To Levy Green Energy Tariff Updated On Fri, Jan 12th, 2024 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest order declined to give an immediate relief to the discoms of Rajasthan in the matter of levying Green Energy tariffs. Earlier, the Jaipur Vidyut Vitran Nigam Limited (JVVNL) moved a petition on behalf of other major discoms in the state. This included petitions from the Ajmer […] Read more
Vietnam’s VinFast looks to open EV battery plant in Tamil Nadu Updated On Thu, Jan 4th, 2024 by Saurenergy VinFast, a leading Vietnamese electric vehicle manufacturer, has identified Thoothukudi as the location for its upcoming battery manufacturing plant. The company is poised to make a significant investment, amounting to hundreds of millions of US dollars, in a spacious 400-acre area. Moreover, this will be VinFast’s inaugural investment venture in India. Originally, VinFast was looking […] Read more
UP Set To Emerge As The Solar Energy Hub Of India: UPNEDA Updated On Wed, Jan 3rd, 2024 by Saurenergy With close to 125 projects at an estimated outlay of Rs 1 lakh crore in the pipeline in the field of clean energy, Uttar Pradesh is well in line to meet 40 percent of the state’s energy requirement through solar and alternate sources. Of these, four large solar projects worth Rs 35,000 crore will be […] Read more
CERC Rejects Punjab Discom’s Plea To Penalize Adani Green Over Delays Updated On Wed, Jan 3rd, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement declined the petition of Punjab State Power Corporation Limited (PSPCL) against Adani Green Energy. The Punjab discom had pleaded with the CERC to reduce the tariff of 50MW of a Gujarat-based wind power project developed by Adani Green due to the delay in the commencement of the […] Read more
