APTEL Order Adds Clarity On Treating Open Access Demand By Grid Operators Updated On Thu, Nov 7th, 2024 by Saurenergy In an order last week that will add a dash of clarity on how discoms treat demand from open access customers, the APTEL bench has ruled to set aside an order from MSEDCL where it had denied the open access quantum to a group of customers of Sai Wardha Power Generation Limited. MSEDCL had lost […] Read more
Green Stocks Nov 6: Trump Bad for Climate, But Good For Green Stocks? Updated On Wed, Nov 6th, 2024 by Saurenergy Perhaps it was just the relief of putting the event behind them, or a genuine hope that a Trump presidency would broadly be good for growth, but there was little doubt that Indian market seem to consider a Trump presidency better. That explains the sharp jump seen in the markets today, with our green pack […] Read more
Solar Manufacturing Cuts Silicon Use By 88%, Makes Solar Affordable: Report Updated On Wed, Nov 6th, 2024 by Saurenergy Globally, solar energy has soared, from 1.22 GW in 2000 to 1,418.97 GW in 2023, with solar manufacturing projected to exceed demand, making solar more affordable. Solar jobs have followed suit, which have surged to 7.1 million, and global capacity is also expected to see gains, reaching 7,203 GW by 2030. The International Solar Alliance […] Read more
IEX October Power Market Updates- Soft Demand Leads to Lower Prices Updated On Wed, Nov 6th, 2024 by Saurenergy Indian Energy Exchange, India’s premier electricity exchange, achieved electricity traded volume of 9,642 MU in October’24, marking a 4% year on year increase. During the month, IEX traded 4.44 lakh renewable energy certificates recording a 105% year on year increase. According to government data published in October 2024, the country’s energy consumption reached 140.4 BUs, […] Read more
NTPC Arm Floats Tender For Evacuation Of 755 MW Of Green Power Updated On Wed, Nov 6th, 2024 by Saurenergy In a bid to supply clean energy to Green Valley Renewable Energy Limited (GVREL), NTPC renewable energy arm NTPC Green Energy Limited (NGEL) on behalf the company, invited bids for power evacuation package -II as a part of 755 MW GVREL Solar Park at Tilaiya and Panchet Reservoir. The Green Valley Renewable Energy Limited (GVREL) […] Read more
Green Stocks November 5: It’s Waaree All The Way As Waaree Twins Enjoy Day In The Sun Updated On Tue, Nov 5th, 2024 by Saurenergy As expected, results season is proving to be key to sustaining the terrific run of green energy stocks. While results on expected lines have even been punished somewhat thanks to the high expectations, stocks delivering strong sets of numbers are holding on to gains. Today saw SJVN deliver a steady set of numbers, helping reverse […] Read more
Green Tariffs, Budget Crucial For RE Growth in Rajasthan, Gujarat: Report Updated On Tue, Nov 5th, 2024 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA), in a briefing note, recommended a multifaceted approach to accelerate the renewable energy transition in two renewable-rich states namely, Gujarat and Rajasthan. This involves implementing strategic measures to enhance financial resources, improve market dynamics, and support effective governance. The note recommends the use of integrated green […] Read more
Global RE Growth Hits New Highs Amid Falling Costs: IEA Report Updated On Tue, Nov 5th, 2024 by Saurenergy Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […] Read more
Why NTPC Is Showing Lesser Interest In RTC & FDRE Tenders? Updated On Tue, Nov 5th, 2024 by Saurenergy India’s public sector power giant NTPC Limited has now explained why it is shy when it comes to Round-The-Clock (RTC) and Firm and Despatacble Renewable Energy (FDRE) tenders. The response from the NTPC management came to the fore when a query was raised regarding the lesser participation of the group in renewable tenders. The NTPC […] Read more
