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
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
Australia’s ARENA Announces $100 Million Solar ScaleUp Challenge Updated On Tue, Jul 2nd, 2024 by Saurenergy The Australian Renewable Energy Agency (ARENA) has launched the global Solar ScaleUp Challenge. With an aim to identify solar innovations that can bring down costs and deliver solar faster, shortlisted submissions could gain access to a total pool of up to AU $100 million (INR 550 crores) in grant funding from ARENA. Final submissions close on 14 August 2024. […] Read more
Waaree Receives 900 MW Order From Serentica For Project In Rajasthan Updated On Mon, Jul 1st, 2024 by Saurenergy Mumbai-based Waaree Energies Ltd., India’s largest solar PV modules manufacturer with an aggregate installed capacity of 12 GW as of June 30, 2023 has received a 900 MW module supply deal from Serentica Renewables India Private Limited. Waaree Energies received this contract for a project located in Fatehgarh, Jaisalmer, Rajasthan, India. This project is expected […] Read more
Loan Sanctions Up 383%, Disbursements 68% For IREDA In Q1 2024-25 Updated On Mon, Jul 1st, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has reported a strong performance for the first quarter ended 30th June 2024. According to provisional figures, subject to audit, the company recorded substantial increases in loan sanctions, disbursements, and its loan book. The renewables focused firm, which has also been the preferred nodal agency for many key […] 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
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
Data Centers, EV To Raise US Power Demand To 300 TWh: Report Updated On Wed, Jun 26th, 2024 by Saurenergy Rystad Energy in its recent research report found that the total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010. But as electrification accelerates, that’s about to change as the report accredits this growth to the build-out of data centers which can support more widespread adoption of electric vehicles (EVs). […] Read more
Renewables Can Cut 17% of India’s Heavy Industry Emissions: Ember Updated On Wed, Jun 26th, 2024 by Saurenergy A new report from the energy think tank Ember highlights the crucial role of renewables-based electrification in avoiding 17% of the anticipated carbon emissions from India’s heavy industry by 2030. This report indicates possible near and long term strategies to smash emissions as India negotiates with the EU bloc on mechanisms to comply with the […] Read more
