Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch Updated On Tue, Feb 1st, 2022 by Saurenergy Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […] Read more
Confirmed. Renew Power Sells Rooftop Portfolio To Fourth Partner For Rs 672 crores Updated On Thu, Jan 27th, 2022 by Saurenergy ReNew Power, has confirmed the news of the selloff of its distributed rooftop portfolio. The news had been doing the rounds since last week, including on Saur energy. The firm today announced that it has sold 117 MW/138 MWp of its distributed rooftop solar portfolio to Fourth Partner Energy, one of India’s leading rooftop solar energy […] Read more
IEX’s Growth Momentum Continues in Q3 With 37% Volume Growth Updated On Tue, Jan 25th, 2022 by Saurenergy The Indian Energy Exchange (IEX) has reported yet another strong quarter of operating results, growing both volumes and profitability. The firm, at the vanguard of the Indian energy trading market, that is expected to see high growth and innovations in the coming years, seems to be doing a very good job of its situation currently, […] Read more
FM Assures Manufacturer Associations Of BCD As Promised, From April 1, 2022 Updated On Fri, Jan 7th, 2022 by Saurenergy Finance minister Nirmala Sitharaman has assured delegation of domestic solar manufacturers that the Basic Customs Duty (BCD) that was announced on modules and cells almost 9 months back, will be implemented as scheduled, from April 1, 2022. This is basis a release shared by NIMMA, or the North India Module Manufacturers Association, which was among […] Read more
PXIL launches Its Own I-DAS For Combining RE and Conventional Power Trading Updated On Tue, Dec 21st, 2021 by Saurenergy India’s 1st institutionally promoted power exchange, Power Exchange India Ltd (PXIL) has launched the Integrated Day Ahead Spot market (called I-DAS), a collective transaction that integrates transactions for Renewable Energy (RE) along with Conventional energy. I-DAS offers market participants the convenience of submitting orders for transacting in RE as well as Conventional power in the same […] Read more
India’s Solar Path-The Firms, Individuals and Organisations That Will Matter Updated On Wed, Dec 1st, 2021 by Saurenergy 2021 has marked a return to bump up in capacity addition in solar, after the last peak in 2017-18 when the country added close to 9.5 GW taking solar to the top among all energy options for capacity added. With this year likely to see over 11 GW of fresh capacity addition, it says something […] Read more
With REC Trading Back, IEX Looks To Renewable Growth To Build Momentum Updated On Tue, Nov 30th, 2021 by Saurenergy Highlights: “The RPO compliance equation has to be continuously reassessed as several market-based avenues are available.” “We are currently at some 110 GW, so we have another nine years period to meet the target (500 GW of RE capacity by 2030). Pace at which capacity addition happens must grow at a 50% year on year […] Read more
Taiwanese Firm Delta Selected for DJSI “World Index” for 11th Yr in a Row Updated On Wed, Nov 17th, 2021 by Saurenergy Taiwanese electronics manufacturing company Delta Electronics has been selected for the DJSI World for the eleventh consecutive year and the DJSI-Emerging Markets for the ninth consecutive year in the evaluation of the 2021 Dow Jones Sustainability Indices (DJSI), an indicator of global corporate competitiveness, said the firm in its latest statement. “This year, Delta achieved […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
