Power Consumers Without Automatic Meter To Be Penalised In Karnataka Updated On Fri, Jul 7th, 2023 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC), in its latest suo motu order, has asked all the open access power consumers in the state to install Automatic Meter Reading (AMR) facilities on their premises before August 1, 2023. The Commission said that after the scheduled date, the errant consumers not complying with the order could face a […] Read more
APERC Lowers Ceiling For Netmetering, Enhances Gross Metering Limits Updated On Fri, Jul 7th, 2023 by Saurenergy In its latest draft report, the Andhra Pradesh Electricity Regulatory Commission (APERC) has proposed reducing the upper ceiling limit for net-metering consumers going for rooftop solar. At the same time, the Commission proposed increasing the upper cap for gross meter consumers, hinting at a higher push for gross metered consumers. The latest draft regulation has been named […] Read more
African Development Bank’s SEFA Provides $7.88 Million Grant for AETC Programme Updated On Thu, Jul 6th, 2023 by Saurenergy The African Development Bank Group’s Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst Programme, which aims to increase renewable energy generation across the continent. The AETC Programme The Africa Energy Transition Catalyst Programme, also known as AETC, is a program […] Read more
Offer Industrialization Lead Updated On Wed, Jul 5th, 2023 by Saurenergy We are hiring an Offer Industrialization Lead with a strong background in manufacturing process and third-party manufacturing management to join the Schneider Electric Solar and Storage team in Bangalore, India. Responsibilities:- Ensure smooth transition of new products from design to full-scale production Plan, budget and organize industrialization activities using agile methodologies Collaborate with engineering teams early on […] Read more
Indu Shekhar Chaturvedi Assumes Role of Director General at Electric Power Transmission Association Updated On Wed, Jul 5th, 2023 by Saurenergy The Electric Power Transmission Association (EPTA), an association consisting of leading private electricity transmission developers, industry stakeholders, and experts in electricity transmission, announced the appointment of Indu Shekhar Chaturvedi to the position of Director General. In his role, Chaturvedi will be responsible for leading EPTA’s efforts to promote the development of a robust, reliable, and […] Read more
IEX Sees 8% Volume Increase YoY in June ’23 to Reach 8946 MU Updated On Wed, Jul 5th, 2023 by Saurenergy Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8946 MU overall volume in June 2023, including green market trade of 272 MU, 5.33 lac RECs (equivalent to 533 MU) and 2.44 lac ESCerts (equivalent to 244 MU). The overall volume during the month was higher 8% on YoY basis. IEX achieved 25,125 MU volume […] Read more
Omega Seiki Mobility Welcomes Sushil Kumar Sharma as Sr. VP- Operations Updated On Wed, Jul 5th, 2023 by Saurenergy Omega Seiki Mobility has onboarded Sushil Kumar Sharma as its new Sr. VP- Operations. Sushil’s career spans over over three decades of experience in the automotive and manufacturing industry. Stepping into his new role, Sushil will be responsible for overseeing the manufacturing process and operations at Omega Seiki Mobility. “We are confident that his strategic […] Read more
Angola Secures €1.29 Billion Loan for Renewable Mini-Grids and Grid Expansion Updated On Tue, Jul 4th, 2023 by Saurenergy Angola’s Ministry of Finance has secured a loan of €1.29 billion ($1.41 billion) through the assistance of Standard Chartered Bank, UK. This funding will be utilized to implement 48 solar photovoltaic (PV) and energy storage mini-grids across various rural areas across Angola. The primary objective of this initiative is to promote self-sufficiency in energy consumption […] Read more
Haryana Offers 75% Subsidy Support Under PM-KUSUM Updated On Mon, Jul 3rd, 2023 by Saurenergy Haryana Renewable Energy Development Agency (HREDA) has now issued notification seeking applications from farmers for solar irrigation pump connections under the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyaan (PM-KUSUM). The notification asked the eligible farmers to apply up to July 12, 2023. Under the scheme, the Haryana government is offering a 45 percent subsidy from the state […] Read more