IEX December Power Trading Update Updated On Thu, Jan 5th, 2023 by Saurenergy India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […] Read more
H2Carrier, Anori to Develop ‘Wind Energy to Green Ammonia’ Project in Greenland Updated On Wed, Jan 4th, 2023 by Saurenergy A letter of Intent has been signed between Norway-based floating energy production and storage maker H2Carrier and Greenland-based Anori for the construction of the first commercial wind farm in Greenland and the use of green energy subsequently for the production of green ammonia. The end product will also be exported to international markets, as per […] Read more
Modi Cabinet Approves Rs 19744 cr For Green Hydrogen Initiatives Updated On Wed, Jan 4th, 2023 by Saurenergy The government’s Green Hydrogen Mission for India got a shot in the arm with the formal approval of Rs 17,490 crore for the same by the Union cabinet today. The allocation is expected to be used for a special PLI (Performance Linked Incentive) scheme for manufacturing a base for electrolysers and other related equipment for […] Read more
Hitachi Energy To Build Electrical System For 1.4GW Offshore Wind Project of Equinor Updated On Wed, Jan 4th, 2023 by Saurenergy Norway based Equinor ASA has awarded a contract to Switzerland based Hitachi Energy that will build electrical systems infrastructure for two of the largest offshore wind energy projects in Poland- MFW Baltyk II and MFW Baltyk III wind farms. The two wind farms are being developed in the Baltic Sea area and lie 27 km […] Read more
China Starts Construction Of 16 GW Solar-Wind-Coal Power Complex Updated On Wed, Jan 4th, 2023 by Saurenergy With the largest installed solar capacity worldwide at over 350 GW, China has started to build a massive 16 GW, $11 billion energy project that will host solar, wind and coal energy projects within the complex. As per reports work has started on building the 1 GW solar power project in the Kubuqi Desert that […] Read more
Amendments in Electricity Rules Add Clarity On Energy Storage, Open Access Charges Updated On Wed, Jan 4th, 2023 by Saurenergy In a notification on changes to the Electricity Rules for Consumers, the government has sought to add a level of clarity on charges payable by consumers, as well as the status of energy storage systems. Limit To Open Access Charges The notification starts off by establishing a limit of 20% of the cost of supply […] Read more
Southeast Asia’s RE Firm ACEN to Add 700 MW Solar & Wind Energy in 2023 Updated On Wed, Jan 4th, 2023 by Saurenergy Just as the Philippines is aiming to raise the share of renewable energy in the country’s energy mix to 35% by the end of this decade and 50% by 2040, its renewable energy conglomerate ACEN Corporation is looking to operationalise 700 MW of solar and wind energy projects in 2023. ACEN is the energy platform […] Read more
Shriram Group Entity Orient Green Set for Hybrid Green Energy Expansion Updated On Tue, Jan 3rd, 2023 by Saurenergy Among the largest Independent Power Producers of renewable power in India, an entity of the Shriram Group, Orient Green Power has shared its ambitions for expansion of assets in the renewable energy space. The firm has further added that is exploring the possibility of growth in international markets as well. At present, the firm has […] Read more
NTPC Delivers 295.4 Billion Units , Growth Of 11.6% During Apr-Dec 2022 Updated On Tue, Jan 3rd, 2023 by Saurenergy National Thermal Power Corporation, India’s largest power generating company, has announced that it has recorded a generation of 295.4 billion units of power during April to December period of 2022. NTPC held that through this it has registered a growth of 11.6 per cent compared to the same period of the previous year (2021). NTPC […] Read more
