“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
ISA & UNDP Launch Pilot Solar Projects in 10 African Member Nations Updated On Mon, Mar 27th, 2023 by Saurenergy The International Solar Alliance (ISA) and UNDP announced the launch of ISA’s first programme, Scaling Solar Applications for Agriculture Use (SSAAU), in ten African ISA Member Countries: Benin, Democratic Republic of Congo, Mali, Niger, Republic of Sudan, Senegal, South Sudan, Togo, Tuvalu, and Uganda. The programme is slated to be implemented over the next two […] Read more
EDF Renewables to Supply 117 MWac of Solar Energy to California Utility Updated On Thu, Mar 23rd, 2023 by Saurenergy Renewable energy giant EDF Renewables North America has announced a 20-year PPA with Southern California Public Power Authority (SCPPA) for the energy and renewable attributes related to the 117 MWac/148 MWdc Sapphire Solar project. EDF Renewables said that Sapphire Solar is guaranteed to begin delivery of carbon-free electricity to SCPPA’s Participating Members – Anaheim, Pasadena […] Read more
PFC Inks Loan Agreement Pact with Japan Bank for Project Loan of INR 165 Cr Updated On Thu, Mar 23rd, 2023 by Saurenergy Maharatna firm Power Finance Corporation (PFC) and non-banking financial company has entered into an agreement with Japan Bank for International Cooperation (JBIC). The pact is for a project loan worth JPY 2.65 billion, which is close to Rs 165 crore. With the agreement, JBIC is looking to finance PFC’s projects that will curb greenhouse gas […] Read more
Nestlé to Invest in 208 MWh Ganado Solar Project of Enel North America Updated On Thu, Mar 23rd, 2023 by Saurenergy Renewable energy major Enel North America has announced partnership with global food conglomerate Nestlé to be the sole tax equity investor for its 208 MWdc Ganado solar-plus-storage project in Jackson County, Texas, US. Enel said that Nestlé will also purchase the renewable energy attributes from the entire output of the solar plant, helping advance the […] Read more
Argeo Signs MoU with Orsted, BlueFloat, Renantis to Survey 1 GW Floating Wind Site Updated On Mon, Mar 20th, 2023 by Saurenergy Norway-based offshore firm Argeo has entered into an agreement with Stromar consortium that comprises of Ørsted, Renantis and BlueFloat Energy. The agreement will pave the way for the Norwegian firm to undertake the geophysical survey of the 1 GW Stromar floating wind site off the Scotland coast that extends to 256sq km. The goal of […] Read more
Solar Waste Recycling: An Opportunity For India Updated On Sat, Mar 18th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has added the solar modules and solar cells under the e-Waste Management Rules 2022 thereby fixing responsibility of the producers in terms of storing solar industry waste, filing regular returns, disclosing the panel and cell inventory separately and complying with the CPCB guidelines. The move is widely […] Read more
EV rental services set up their own charging stations to ensure seamless customer experience: Dr Irfan Khan, eBikeGo Updated On Fri, Mar 17th, 2023 by Saurenergy Electric vehicle (EV) rental services, particularly for two-wheelers, has seen a significant rise in India in recent years. This can be attributed to various factors, including the growing awareness about the benefits of EVs, the increasing availability of charging infrastructure and the government’s push towards the adoption of electric vehicles. In 2021, electric two-wheeler sales […] Read more
Tender by first half of 2023-24 Under Green Hydrogen Mission Updated On Mon, Mar 6th, 2023 by Saurenergy The Government of India approved the National Green Hydrogen Mission in the month Jan. 2023 with the initial outlay of Rs.19,744 crore, including an outlay of Rs.17,490 crore for the SIGHT (Strategic Interventions for Green Hydrogen Transition) programme, Rs.1,466 crore for pilot projects, Rs.400 crore for R&D, and Rs. 388 crore towards other Mission components. […] Read more