IEX September Update- Green Market Grows 214% Growth Updated On Mon, Oct 7th, 2024 by Saurenergy The Indian Energy Exchange, India’s pre-eminent electricity exchange, achieved total monthly volume (including certificates) of 11,370 MU in September’24, marking a 24% year on year increase. The electricity volume (including green electricity volume) during the month at 10,332 MU, increased 21% YoY. The renewable energy certificates (REC) at 1,031MU, increased 100% YoY. At Rs 110 […] Read more
US Solar Prices Plummet, Battery Adoption Skyrockets: EnergySage Report Updated On Fri, Oct 4th, 2024 by Saurenergy EnergySage has released its 19th Intel Solar & Storage Marketplace Report, offering detailed insights into the US residential solar and storage market. The semiannual report analyses millions of transaction data points from January to June 2024, based on consumer activity across 48 states and Washington, D.C. The data highlights key trends such as falling solar […] Read more
Origin Cancels Hunter Valley Hydrogen Project Citing Slow Growth Updated On Fri, Oct 4th, 2024 by Saurenergy Origin Energy, one of Australia’s leading utilities, has announced its decision to abandon the AUD 207.6 million Hunter Valley Hydrogen Hub project, citing slow market development and significant financial and technological risks. The project, a joint venture with fertiliser manufacturer Orica, was poised to be one of the nation’s most advanced hydrogen developments and was […] Read more
TotalEnergies Launches Two Major Solar Farms with Battery Storage in Texas Updated On Fri, Oct 4th, 2024 by Saurenergy TotalEnergies has begun commercial operations at two utility-scale solar farms, Danish Fields and Cottonwood, in southeast Texas. Both projects, equipped with battery storage systems, have a combined capacity of 1.2 GW and are part of the company’s 4 GW renewable energy portfolio currently operational or under construction in Texas. Danish Fields, the company’s largest solar […] Read more
US Energy Storage Surges With Second-Highest Quarterly Record Updated On Fri, Oct 4th, 2024 by Saurenergy The United States is continuing to break records for energy storage installations across key market segments, according to the latest report by Wood Mackenzie. In the second quarter of 2024, the US developers installed 3,011 MW and 10,492 MWh of energy storage capacity. This marks the second-largest quarterly capacity addition, surpassed only by Q4 2023, […] Read more
Runergy Announces Commencing Module Manufacturing At Alabama Updated On Fri, Oct 4th, 2024 by Saurenergy Runergy has recently announced the commencement of production at its module manufacturing facility in Huntsville, Alabama, USA. This move represents an important step in Runergy’s expansion into the North American market. The facility is set to fulfill its first customer orders this October, marking a new chapter for both the company and the local community. […] Read more
Cabinet Approves India to Join International Energy Efficiency Hub Updated On Fri, Oct 4th, 2024 by Saurenergy The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the signing of ‘Letter of Intent’ thus enabling India to join the ‘Energy Efficiency Hub’. India will join the International Energy Efficiency Hub (Hub), a global platform dedicated to fostering collaboration and promoting energy efficiency worldwide. This move solidifies India’s commitment to sustainable […] Read more
ZEVO Secures $2 Million In Pre-Series A Funding Updated On Thu, Oct 3rd, 2024 by Saurenergy ZEVO, a powerhouse tech-enabled Electric Vehicle (EV) mobility platform, has successfully raised $2 million in a Pre-Series A funding round. The investment was led by Pegasus India Fund, BizDateUp, JIIF and a family office. The newly acquired funds will be utilized to deploy 5,000 electric vehicles and develop fulfilment centres across key locations. “This initiative […] Read more
REI 2024 Time- Indian Makers Move Centrestage Updated On Thu, Oct 3rd, 2024 by Saurenergy It’s time for another edition of REI, the 17th in fact, and perhaps a never before seen dominance of Indian firms. Starting from October 3 to end on the 5th, the show, at Greater Noida’s India Expo Centre is the premier renewables expo in India. Over the years, Informa Markets, the organisers, have added other, […] Read more
