COP29: Azerbaijan Concludes First RE Auction At Tariff Of $3.540 Cents/kWh Updated On Fri, Nov 22nd, 2024 by Saurenergy Azerbaijan recently concluded its first ever renewable energy auction with technical assistance from the European Bank for Reconstruction and Development (EBRD). The outcome of the competitive auction was announced at the United Nations Climate Change Conference in Baku (COP29). In the auction ran by Ministry of Energy, Universal International Holding Limited submitted the lowest bid, […] Read more
News In Brief Nov 21: ADB, Solomon Islands & Tonga Sign Agreements, Scatec, Biden-Harris Administration Awards Updated On Thu, Nov 21st, 2024 by Saurenergy ADB, Solomon Islands, Tonga Sign Agreements for Sustainable Energy Transition Projects at COP29 The Asian Development Bank (ADB) and the governments of Solomon Islands and Tonga have signed grant and loan agreements for energy projects on the sidelines of COP29. The ADB-supported projects will help the Pacific countries to transition from dependency on diesel fuel […] Read more
Kerala Plans To Solarise Healthcare Facilities To Boost Efficiency Updated On Thu, Nov 21st, 2024 by Saurenergy The Agency For New and Renewable Energy Research & Technology (ANERT) has planned to solarise Kerala University of Health Sciences (KUHS). The institute campus is spread over a large area, favourable for solar projects. ANERT has planned to use several ways to bolster the growth of solar in the institute. ANERT has now also issued […] Read more
UP Plans To Boost Growth Of Solar Streetlights, Issues Tender Updated On Thu, Nov 21st, 2024 by Saurenergy The UP govermnment has now planned to boost the growth of solar power to illuminate its streetlights. In its latest endeavor, the state nodal agency has issued a tender in this regard. The last date for submission of the bids is December 14, 2024. The state nodal agency on clean energy has now planned to […] Read more
MPERC Draft Regulation Targets Improvement In Power Quality Updated On Wed, Nov 20th, 2024 by Saurenergy Madhya Pradesh Electricity Regulatory Commission (MPERC) recently released the draft MPERC (Power Quality) Regulations, 2024. The regulation aims to regulate power quality in terms of voltage, frequency, and waveform of a power supply system. It envisages addressing power quality disturbances that can affect other consumers connected to the same supply network. The regulations emphasize the […] Read more
Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie Updated On Wed, Nov 20th, 2024 by Saurenergy Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […] Read more
Datta Infra To Invest ₹5000cr In Rajasthan’s RE Sector, Signs MoU Updated On Wed, Nov 20th, 2024 by Saurenergy Datta Power Infra has now signed a Memorandum of Understanding (MoU) with the Rajasthan government. The MoU envisages an investment of ₹5,000 crore in the state’s renewable energy sector. The investment aims to transform Rajasthan into a key hub for renewable energy. The firm plans to do this by boosting solar, wind, and hybrid power […] Read more
GPES Strengthens Board With Key Leadership Inductions Updated On Wed, Nov 20th, 2024 by Saurenergy GP Eco Solutions, the Noida-based solar and storage solutions firm that listed on the SME Exchange earlier this year, has moved to strengthen its board with the induction of three industry stalwarts in the form of KS Popli, AK Jain and UN Tripathi. Popli retired as Chairman and Managing Director at IREDA in 2019, after […] Read more
SECI’s Plea For Extra Trading Margin In BESS Deal Fails To Cut Ice With CERC Updated On Tue, Nov 19th, 2024 by Saurenergy In an interesting take on what constitutes fair margins, the Central Electricity Regulatory Commission (CERC) considered a plea by SECI on an additional margin of Rs. 0.07/kWh for facilitating the sale/ purchase, scheduling, accounting, charging, and discharging of BESS for Grid Ancillary Services (150 MW) portion through IDAM/ RTM/TAM/Bilateral mode on behalf of the National […] Read more