IEX February Update- DAM Price Falls 26% YoY To Rs 4.93/unit Updated On Tue, Mar 5th, 2024 by Saurenergy The Indian Energy Exchange, India’s premier electricity exchange, achieved 9,462 MU overall volume in February’24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February ‘24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time […] Read more
Tata Motors Flags-Off Commercial Electric Vehicles To Tata Steel Updated On Mon, Mar 4th, 2024 by Saurenergy Tata Motors recently flagged off its next-generation, green-fuel-powered commercial vehicles to Tata Steel. The company has been developing and manufacturing innovative mobility solutions powered by alternate fuel technology, including battery electric, CNG, LNG, Hydrogen Internal Combustion Engine, and Hydrogen Fuel Cell technology. It showcased the widest range of alternate fuel-powered commercial vehicles at Auto Expo […] Read more
Finolex, Hinduja Sign PPA For 8.36 MW Power For 25 Years Updated On Mon, Mar 4th, 2024 by Saurenergy Finolex Industries Limited (FIL) a PVC pipes manufacturing company in India entered into a share purchase agreement for 8.36 MW renewable energy with Mumbai-based Hinduja Renewables (HREPL) and Hinduja Renewables Energy Private Limited (HROPL). This agreement was undertaken between power project developers engaged in the development, construction, operation, and maintenance of renewable energy-based power plants […] Read more
PM Modi Inaugurates Several Solar Projects In Rajasthan, UP, Other States Updated On Mon, Mar 4th, 2024 by Saurenergy PM Narendra Modi today inaugurated a slew of solar and renewable energy projects across the country during his visit to Adilabad in Telangana. Prime Minister Modi inaugurated the National Hydroelectric Power Corporation’s (NHPC’s) 380 MW Solar Project at Jaisalmer, Rajasthan. Around 792 million units of green power will be generated each year from the project. […] Read more
IEEMA Announces 16th Edition Of Global Electrical Show ELECRAMA Updated On Sat, Mar 2nd, 2024 by Saurenergy Indian Electrical & Electronics Manufacturers’ Association (IEEMA), the apex association of manufacturers of electrical and industrial electronics and allied equipment in India, formally announced the 16th edition of ELECRAMA, the world’s largest electrical show. ELECRAMA is the one of the largest global electrical show and allied electronics industry. The show is scheduled from 22nd to […] Read more
Servotech Secures Order for 1400 Fast EV Chargers from IOCL Updated On Fri, Mar 1st, 2024 by Saurenergy EV chargers manufacturer Servotech Power Systems Ltd. announced it has bagged an order of 1400 DC fast EV chargers from Indian Oil Corporation Limited (IOCL) and other EV charger OEMs. The total order is valued at Rs 111 crores and involves two charger variants of 60 kW and 120 kW, according to a press release […] Read more
Odisha Plans Solar Trees That Can Withstand Wind Speed Upto 200km/h Updated On Thu, Feb 29th, 2024 by Saurenergy The Odisha Renewable Energy Development Agency (OREDA) has now planned to boost the penetration of decentralized renewable energy (DRE) systems in the state capital of Bhubaneswar. The coastal state, known for recurrent cyclones, has made special provisions to ensure extreme weather event-resilient solar structures and uninterrupted power supplies. The state has already witnessed the expansion […] Read more
Tesla Left in the Shadows: Vamsi Gaddam’s Groundbreaking ATUM Solar Innovation Takes Centre Stage Updated On Thu, Feb 29th, 2024 by Saurenergy Visaka Industries JMD has incorporated sustainability in each one his company’s products. ATUM Solar is a shining example of green innovation done right. Vamsi Gaddam, the esteemed Joint Managing Director of Visaka Industries, has propelled the company to the pinnacle of renewable energy innovation with his groundbreaking achievement of patenting ATUM, hailed as the world’s […] Read more
European Fast-Charging Firm Fastned Signs PPA With GLP For Solar Power Updated On Thu, Feb 29th, 2024 by Saurenergy European fast-charging company, Fastned announced it has concluded its first multi-year Corporate Power Purchase Agreement (CPPA) in the Netherlands with GLP, a renewable energy firm, and related technologies, with Ecorus and Scholt Energy. According to the press release by the company, Fastned will purchase power generated by the solar panels on the roof of GLP’s […] Read more
