Oracle Power & China’s CET Sign MoU to Set Up Renewable Projects With Battery Storage in Pakistan Updated On Tue, Mar 7th, 2023 by Saurenergy Pakistan-based power project developer Oracle Power has signed a memorandum of understanding with China Electric Power and Technology (CET)- a wholly-owned subsidiary of State Grid Corporation of China. They will explore the development, financing, construction, operation as well as maintainence of a green hydrogen project to be set up in Pakistan. The said project will […] Read more
Oman to Award Solar Energy Projects of $777 Mn for Country’s Largest Solar Panel Project Updated On Tue, Mar 7th, 2023 by Saurenergy Oman Power and Water Procurement Company (OPWP), responsible for purchasing power and water for all IPP/IWPP projects within the Sultanate of Oman, will soon award solar energy projects to international investors. These projects are worth $777 million and have secured approvals from the Authority for Public Services Regulation (APSR)- which looks after electrcitiy regulation. The […] Read more
Green Energy Trading Continues Fall on IEX In February Updated On Mon, Mar 6th, 2023 by Saurenergy In its February power trading release, the Indian Energy Exchange (IEX) has disclosed that it enabled trading for 341 million units (MU) of renewable energy in February 2023, a 2% decrease month-over-month (MoM) (347 MU) over the previous month and a 25% year-over-year (YoY) decrease. The average daily trading volume on the exchange increased by 5% […] Read more
RGO For Coal Plants. Will It Have A Significant Impact On Renewable Capacities? Updated On Mon, Mar 6th, 2023 by Saurenergy The Ministry of Power, has finally notified the Renewable Generation Obligations (RGO)for Coal and lignite based plants. These new conditions are expected to mitigate the impact of additional thermal capacities India still plans, to support demand growth for electricity across the country. As the notice says, any plant starting operations after April 1, 2023, will […] Read more
Sterlite Power Successfully Commissions its Largest Green Energy Corridor Project in Gujarat Updated On Mon, Mar 6th, 2023 by Saurenergy Sterlite Power, a leading power transmission company in India and Brazil, announced the successful commissioning of its green energy corridor project – Lakadia-Vadodara Transmission Project Limited (LVTPL). The project aims to deliver more than 5000 MW of power from renewable rich regions of Bhuj and Kutch to the national grid – a step towards accelerating […] Read more
OYA Renewables Secures $216 Million For New York Community Solar Pipeline Updated On Thu, Mar 2nd, 2023 by Saurenergy US based energy transition solutions platform OYA Renewables has announced that it has secured a total of $216 million in financial backing for the construction of as many as 15 community solar development projects throughout the state of New York. This is expected to give a fresh push to community based solar power in the […] Read more
JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm Updated On Tue, Feb 28th, 2023 by Saurenergy JK Cement and CleanMax Enviro Energy Solutions have entered into a power purchase agreement (PPA) for 6.42 MW wind – solar generation capacity in the state of Karnataka. CleanMax delves into C&I renewable energy. As per the PPA, green energy will be provided from CleanMax’s wind-solar farm in Jagalur, Karnataka to JK Cement’s Muddapur factory. The […] Read more
LoI Signed Between DST & Germany’s Fraunhofer ISE to Facilitate Clean Energy Updated On Tue, Feb 28th, 2023 by Saurenergy In a move towards fulfilling the goal of decarbonizing their economies, India and Germany have signed a Letter of Intent (LoI) for a long-term collaboration focusing on hydrogen and clean energy technologies. The LoI was signed between the Department of Science and Technology (DST) and Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE). Fraunhofer ISE […] Read more
SaurEnergy Explains-Regulatory Assets And Why They Matter To Power Sector Updated On Tue, Feb 28th, 2023 by Saurenergy The Union government last year pulled up all State Electricity Regulatory Commissions (SERCs) and the Joint Electricity Regulatory commission (JERC) relating to creating prohibited ‘regulatory assets’, and required them to come up with concrete plans for these assets’ liquidation. The centre also pressed the commissions to not approve any more dues as regulatory assets in […] Read more
