Is Solar Momentum Stuttering To A Halt In India? Updated On Thu, Jan 5th, 2023 by Saurenergy India’s solar growth, that is aiming for a target of over 25 GW between this year and 2030 to meet national targets on installed capacity, appear to be shifting to the slow lane, yet again. Industry players blame the slowdown on everything from higher prices, to policy, to rising cost of capital and more. After […] Read more
IEX December Power Trading Update Updated On Thu, Jan 5th, 2023 by Saurenergy India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […] Read more
China, Malaysia Explore Development of Virtual Power Plants Updated On Tue, Jan 3rd, 2023 by Saurenergy Virtual Power Plants are touted as the next big step in solar industry that is driving the new wave of energy. In a recent development on the front, China and Malaysia have joined forces to explore opportunities in VPPs. Towards this, the two countries organised “China-Malaysia Virtual Power Plant Project Achievements Conference and China-Malaysia Virtual […] Read more
African Development Bank to Fund 100 MW Tunisian Solar Project Updated On Tue, Jan 3rd, 2023 by Saurenergy The African Development Bank is playing a critical role in the development of renewable sources of energy in Africa to ensure that the resource-starved region can have access to power while sustaining the natural environment. In a recent development, the African Development Bank Group has approved a $27 million and €10 million loan package to […] Read more
Malaysian Power Firm TNB Enters UK Solar Power Projects Updated On Thu, Dec 29th, 2022 by Saurenergy Malaysian multinational electricity conglomerate Tenaga Nasional Berhad (TNB) has announced that it has signed an Engineering, Procurement & Construction (EPC) contract with BELECTRIC GmbH (BELECTRIC) for the construction and commissioning of 102 MW solar farms in the United Kingdom (UK). The official statement of TNB held that the deal was signed on December 14, 2022, […] Read more
Tata Power RE is Awarded 255 MW Hybrid Project in Karnataka Updated On Thu, Dec 29th, 2022 by Saurenergy The renewable energy arm of Tata Power, Tata Power Renewable Energy (TPREL), will be establishing a 255 MW capacity hybrid (wind and solar) power project in Karnataka. The project will be commissioned within 24 months from the PPA execution date. The project was won by TPREL after Tata Power Delhi Distribution Ltd (which is a […] Read more
IEX Establishes Fully-Owned Subsidiary to Explore Carbon Market Updated On Wed, Dec 28th, 2022 by Saurenergy International Carbon Exchange Private Limited (“ICX”), a wholly-owned subsidiary of Indian Energy Exchange (IEX), the country’s leading energy market platform, was established recently to investigate the commercial potential in the voluntary carbon market. Through its platform, ICX will make it possible for participants to purchase and sell voluntary carbon credits at reasonable prices and will […] Read more
Gender Gap Narrows Down In EV Sector With Higher Participation From Women Updated On Wed, Dec 28th, 2022 by Saurenergy Women-owned business enterprises and their participation are playing a prominent role in society by generating employment opportunities in almost all sectors of the economy. The auto industry isn’t an exception either. This article is not just an appreciation of their contribution but also focuses on their varied experiences in the EV automobile industry. As per […] Read more
HPX Achieves 1 Billion Units Trading Milestone Updated On Tue, Dec 27th, 2022 by Saurenergy Hindustan Power Exchange Ltd. (HPX), India’s newest power exchange promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, has reached the milestone of 1 Billion units of power traded within six months of its launch. The milestone has come on the back of over 360 market participants. HPX has also raced to register […] Read more
