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
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
With A Vision of 100 GW Solar Rooftop Potential, NSEFI launches Awareness Campaign Across India Updated On Tue, Jun 7th, 2022 by Saurenergy The National Solar Energy Federation of India (NSEFI), one of the leading industry bodies for the sector with a high developer presence, has launched the “Ghar Ke Upar Solar is Super” Pan-India Rooftop Solar Awareness Campaign. Starting with Bidar in Karnataka, the campaign was launched by Union Minister of State, MNRE Bhagwant Khuba along with […] 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
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
Canada, India Sign MoU On RE, Leave Coal Problem For A Deal In Future Updated On Fri, Jun 3rd, 2022 by Saurenergy Canada and India signed an Memorandum of Understanding on Thursday to mutually cooperate to make Renewable Energy a reliable source of electricity. However, the coal generated power is conspicuously absent from the MoU, raising several eyebrows since Canada is leading a global movement to end the burning of coal for electricity and India is the […] Read more
Cipla is Expanding Its Renewable Energy Plant in Association with AMP Energy Updated On Fri, Jun 3rd, 2022 by Saurenergy Cipla Limited is adding 16MW to its 30MW solar plant capacity to meet the energy needs of manufacturing operations in Kurkumbh and Patalganga, as well as R&D units in Maharashtra. Cipla commissioned this 30MW solar plant last year (2021) in January at Tuljapur. For the commissioning of both projects, Cipla Ltd has done the partnership […] Read more