NTPC and AAI Sign MoU to Promote Solar Plants and EVs at Airports Updated On Fri, Nov 6th, 2020 by Saurenergy AAI has signed an MoU with NVVN, an NTPC subsidiary, to promote the usage of EVs and set up solar power plants at airports across India. #AAI today signed an MoU with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) for setting up solar power plants & adoption of e-vehicles at AAI airports. The MoU was signed […] Read more
ITI Tenders for Commissioning of 1.5 MW Solar Plant in Raebareli Updated On Thu, Nov 5th, 2020 by Saurenergy ITI has tendered for the commissioning of a 1.5 MW solar power plant with net-metering at its facility in Raebareli in Uttar Pradesh. ITI Limited has issued a tender, inviting bids from eligible bidders for the installation and commissioning of a 1.5 MW grid-connected solar power plant (rooftop/ground-mounted) with net-metering at the ITI facility in […] Read more
IOCL Tenders for 300 kW Ground cum Rooftop Solar Plant in WB Updated On Wed, Nov 4th, 2020 by Saurenergy IOCL has issued a tender for setting up of 300 kWp ground-mounted and rooftop solar plant at its LPG bottling plant in Durgapur, West Bengal. The Indian Oil Corporation (IOCL) has issued a tender, inviting bids from eligible firms for setting up of a grid-connected 300 kWp ground-mounted and rooftop solar PV power plant at […] Read more
RECs Trading to Resume on Nov 25, After 4 Month Break Updated On Mon, Nov 2nd, 2020 by Saurenergy APTEL has concluded all its hearings on the REC pricing issue, and the trading of RECs is likely to resume after a gap of four months on November 25. Now that the Appellate Tribunal for Electricity (APTEL) has concluded all its hearings on the REC pricing issue, and is probably on the verge of issuing […] Read more
MCX, IEX Sign Licensing Agreement to Launch Electricity Derivatives Updated On Fri, Oct 30th, 2020 by Saurenergy The Multi-Commodity Exchange of India (MCX) has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The Multi-Commodity Exchange of India (MCX) has said it has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The derivatives will be linked to IEX spot electricity prices […] Read more
Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
As China Starts Giant Solar Park, Four Giant Parks For the Future Beckon Updated On Tue, Oct 13th, 2020 by Saurenergy The world’s largest single location solar plant, of 2.2 GW capacity was inaugurated in China’s Quinghai province this month. Built by state owned utility Huanghe Hydropower Development, the massive plant touts a special achievement along with its size . It has been built in the shortest time among plants of comparable sizes. That single fact […] Read more
MERC Gives Captive Power Producers Until March 2021 to Fulfill RPO Obligations Updated On Thu, Oct 8th, 2020 by Saurenergy In a further concession to Captive Power producers (CPP)in the state, the Maharashtra Electricity Regulatory Commission has allowed fossil fuel-based captive power producers and Open Access consumers until March 2021 to fulfill their renewable purchase obligations (RPO). Taking into account the massive impact of the Covid lockdown on industries in the state and their markets […] Read more
Value Unlocking by Creating Demand and Not Just Supply-Side Incentive or Protectionist Policies Updated On Wed, Oct 7th, 2020 by Saurenergy Most economic principles rely on the fundamental fact that both demand and supply exist and a market’s primary role is to bring this demand and supply to an equilibrium. However, demand is a summation of both Effective Demand (known) and Latent Demand (to be realized) and supply side incentives rarely work in the long term […] Read more
