CERC Approves Tariff For SECI’s 1200 MW RTC Power Project Updated On Tue, Jan 10th, 2023 by Saurenergy SECI’s landmark RTC tender for green energy has received formal CERC approval for tariff adoption and trading margins. SECI had issued a tender in 2019 for “Round-the-Clock” supply of 400 MW ISTS-connected Renewal Energy project with assured peak power supply in India under tariff based competitive bidding. SECI recently filed a petition with CERC for […] Read more
France to Vote on Landmark Renewable Energy Acceleration Bill Tomorrow Updated On Mon, Jan 9th, 2023 by Saurenergy In September 2022, Emmanuel Macron, the President of France, introduced the Renewable Energy Acceleration Bill. The proposed Bill seeks to accelerate the deployment of renewables. Tomorrow, that is, January 10, will prove to be a significant day for France as its National Assembly will pronounce its vote on the Bill. There have been a slew […] Read more
Tata Power-DDL Touches Peak Winter Demand of 1646 MW in Delhi Updated On Fri, Jan 6th, 2023 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL) has announced that it has successfully met the record peak power demand of 1646 MW without any network constraint and power outage. This is when the temperatures are touching their lowest levels in North-West India. With the plunge in temperature, the capital is presently colder than several hill stations. […] Read more
Is Solar Momentum Stuttering To A Halt In India? Updated On Thu, Jan 5th, 2023 by Saurenergy India’s solar growth, that is aiming for a target of over 25 GW between this year and 2030 to meet national targets on installed capacity, appear to be shifting to the slow lane, yet again. Industry players blame the slowdown on everything from higher prices, to policy, to rising cost of capital and more. After […] Read more
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
Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […] Read more
Haryana (HERC) Amends Renewable Purchase Obligation Policy, Adds Wind Updated On Tue, Jan 3rd, 2023 by Saurenergy Haryana has made the renewable purchase obligation (RPO) system more dynamic and eased the liability of stakeholders as it has included wind energy within the ambit of RPO. In an important development, the Haryana Electricity Regulatory Commission (HERC) has amended the policy on RPO by including wind energy and aligning solar energy to the other […] Read more
Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
JBS is World’s First Food Company to Issue International Renewable Energy Certificates Updated On Mon, Jan 2nd, 2023 by Saurenergy Sao Paulo, Brazil based JBS, has announced that it has become the first in the food sector to have an enterprise qualified to issue International Renewable Energy Certificates (International REC Standard / I-REC). The certification proves that the generation of electricity comes from renewable and environmentally responsible sources. JBS S.A. is a Brazilian multinational company, […] Read more
