IEX March’22 Update-Green Trading Contracts, High Avg. Solar Prices Of Rs 5.64/unit Updated On Wed, Apr 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 9,605 MU volume in March’22 comprising 8,702 MU in the conventional power market, 392 MU in the Green Power Market and 511 MU (5.11 lac Certificates) in the REC Market registering 16% YoY volume growth across all market segments. The volumes in the Green Power market as well as […] Read more
NTPC and Gujarat Gas to Blend Green Hydrogen with PNG Updated On Wed, Apr 6th, 2022 by Saurenergy The Ministry of Power has informed that India’s leading power generator National Thermal Power Corporation (NTPC) has joined hands with Gujarat Gas Limited to undertake a novel initiative of blending ‘Green Hydrogen’ in the Piped Natural Gas (PNG) supplied by the city gas distributor. Both the companies are state owned and the blending will be […] Read more
Japanese conglomerate Mitsui to invest in ReNew Power’s RTC project Updated On Wed, Apr 6th, 2022 by Saurenergy ReNew Power on Wednesday said Japan’s trading firm Mitsui & Co will invest in the Indian firm’s round-the-clock renewable energy project aggregating 1,300 Mw and 100 MWh battery storage. ReNew Power last year signed 400 Mw round-the-clock (RTC) power purchase agreement to supply electricity to Solar Energy Corporation of India (SECI). For the 400 Mw […] Read more
Surat’s First Textile Market Solar Powered Now, By Goldi Solar Updated On Wed, Apr 6th, 2022 by Saurenergy Surat-based Goldi Solar, a key solar panel manufacturer and EPC services provider has solarized Surat’s First Textile Market for Avadh Group. Avadh is a real estate company focused on residential as well as commercial development. The market is located in the heart of Umarwada, Surat district. The project will be completed in three phases, of […] Read more
CERC allows PXIL to introduce hydropower contracts in GTAM Updated On Tue, Apr 5th, 2022 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) has approved Power Exchange India Ltd.’s (PXIL) proposal to introduce Hydropower Contracts in existing Green Term Ahead Market (GTAM) on its platform for exclusive trading of hydro energy. CERC dealt with different aspects of the proposed contract keeping in view the submissions made by PXIL […] Read more
Thailand Counts on Crypto To Power One Million Farmlands With Solar Updated On Mon, Apr 4th, 2022 by Saurenergy The Ministry of Agriculture and Cooperative of Thailand has announced plans to install solar power panels on at least one million of farms as a pilot project. With this move, the Ministry is targeting to reduce electricity bills of farmers by 20-30 per cent in next 15-20 years. Deputy Agriculture Minister Praphat Phothasuthon says that […] Read more
World’s largest hydrogen taxi fleet to be powered by Cummins electrolyser Updated On Mon, Apr 4th, 2022 by Saurenergy Cummins Inc., through its affiliate Hydrogenics Europe N.V., has signed a contract to supply a 2.5-megawatt (MW) electrolyser to Hysetco, a hydrogen mobility company owned by Total Energies, Air Liquide, Toyota, Kouros and others. The electrolyser will enable local hydrogen production in Paris, France, to power Hysetco’s ambitious project, which aspires to develop and operate […] Read more
Greenko raises $750 M from bond sale to create energy storage facility Updated On Fri, Apr 1st, 2022 by Saurenergy Greenko Wind has raised USD 750 million from a global bond issue for creating an energy storage facility in Andhra Pradesh, company officials said on Thursday. The company secured pricing of 5.50 per cent for its USD 750 million green bond issuance after starting the roadshows on Wednesday, bankers said. The bonds, raised by Greenko […] Read more
Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor Updated On Thu, Mar 31st, 2022 by Saurenergy “Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […] Read more
