IEX Power Market Update for May – 80% Growth For Green Market Updated On Tue, Jun 7th, 2022 by Saurenergy In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […] Read more
Rules For Green Energy Access Notified, Focus On Speed and Uniformity Updated On Tue, Jun 7th, 2022 by Saurenergy The Ministry of Power at the centre has notified the Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2022 for purchase and consumption of green energy including the energy from Waste-to-Energy plants. The rules are expected to streamline and enable the uptake of more green energy by firms, with a cut off of […] Read more
Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings Updated On Tue, Jun 7th, 2022 by Saurenergy The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […] Read more
Masdar To Develop 4 GW of Renewable Projects In Azerbaijan Updated On Tue, Jun 7th, 2022 by Saurenergy Adding to its international expansion, the UAE based leading renewable energy developer Masdar has announced that it has signed ‘implementation agreements’ with the Government of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 MW. Masdar will also have the right to develop an additional 6,000 […] Read more
O2 Power Commissions First 250 MW Solar Project in Bikaner Updated On Mon, Jun 6th, 2022 by Saurenergy Temasek and Alternative Asset Manager EQT backed O2 Power India has commissioned its first solar project in India, the 250 MW Solar project at Jaisalmer, Rajasthan. Announced by the firm on its social handle, the project was commissioned over phases in April-May this year. It has 1030 MW of projects under development in Rajasthan, including […] Read more
RE Success Could Have Prevented Frequent Power Cuts In AP Updated On Mon, Jun 6th, 2022 by Saurenergy Andhra Pradesh could have averted the power crisis over the last few months had it met its renewable energy targets. This was the finding of a report from Climate Risks Horizons, a Bengaluru based Thinktank. AP experienced more power cuts than other states in India facing a power crisis. According to the report from Climate […] Read more
Tamil Nadu Generating, Evacuating And Selling Record Wind Energy – says IWPA Updated On Mon, Jun 6th, 2022 by Saurenergy Tamil Nadu is generating and selling wind power which is promoting the cause of renewables. K. Kasthurirangaian, chairman of Indian Wind Power Association (IWPA), has said that Tamil Nadu Transmission Corporation (Tantransco) is doing a good job of evacuating maximum wind energy and the organization should continue the heightened evacuation of wind energy in future […] Read more
First Hybrid Solar And Wind Power Project Comes Up In Kerala By ANERT Updated On Mon, Jun 6th, 2022 by Saurenergy In a novel beginning, the Electricity Minister of the Kerala Government, K Krishnankutty, has inaugurated a hybrid solar and wind energy project in the state. The renewable energy project was developed by the Agency for New and Renewable Energy Research and Technology (ANERT) as the first of this kind in Kerala at Chooralmala in Wayanad. […] Read more
Suzuki Buys RE From ReNew Power For Indian Plant Updated On Fri, Jun 3rd, 2022 by Saurenergy Suzuki Motor has begun to buy wind and solar power for its plant in Gujarat from ReNew Power as part of its drive to cut about 6% of the Japanese automaker’s global carbon dioxide emissions. As Suzuki’s biggest market, India accounted for about 60% of its global production of four-wheeled vehicles last fiscal year and […] Read more
