ONGC, SECI to Jointly Develop Renewable Projects Updated On Fri, Dec 3rd, 2021 by Saurenergy To realize its green energy objectives, Oil and Natural Gas Corporation Ltd (ONGC) has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI), an official statement said. The MoU provides a broad, overarching framework for the two national energy companies to collaborate on renewable energy projects including solar, wind, solar parks, […] Read more
iSun Announces Investment in Encore Renewable Energy Updated On Wed, Dec 1st, 2021 by Saurenergy Solar energy and clean mobility Infra company iSun is making a strategic minority interest equity investment in Encore Renewable Energy, one of the Top 20 US commercial solar developers. iSun offers the following key highlights of the new agreement: Investment to accelerate expansion of iSun’s Commercial, Industrial and Utility businesses into new geographic markets Provides […] Read more
Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done Updated On Thu, Nov 25th, 2021 by Saurenergy Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […] Read more
An Ancillary Services Market Will Be Key To Integration of 450 GW of Renewables By 2030 Updated On Sat, Nov 20th, 2021 by Saurenergy A new study, Electricity market design for efficient procurement of ancillary services in India to address changing system needs, by Wartsila and KPMG makes the case for power market reforms in India using power system simulation models. The study demonstrates that some of the renewable rich states in India could immensely benefit by adding more flexible generation […] Read more
NTPC, Indian Oil Collaborate on Renewable Energy Updated On Mon, Nov 15th, 2021 by Saurenergy NTPC Ltd. and Indian Oil have signed a memorandum of understanding (MoU) to collaborate in the field of renewable energy and mutually explore opportunities for the supply of low carbon/RE RTC captive power. This is a first-of-its-kind novel initiative by two leading national energy majors of India, to support the country’s commitment to achieve renewable […] Read more
There Is Massive Potential For Decentralised Renewable Energy Appliances Updated On Mon, Nov 15th, 2021 by Saurenergy Tushar Devidayal, the founder & CEO of Devidayal Solar Solutions Pvt Ltd (DD Solar) founded the firm in 2015. With an MBA from London Business School, he decided to focus on designing and developing high quality, certified off-grid appliances like solar DC refrigerators, BLDC fans and coolers. The firm has made steady progress with its vision. An […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
Modi’s Enhanced Renewable Targets A Credit To Minister R.K. Singh Updated On Fri, Nov 5th, 2021 by Saurenergy When Prime Minister Narendra Modi committed 500 GW of fresh renewable capacity for India by 2030 at COP26, it was not just a commitment for India contributing its mite to the climate change effort. It was also an acknowledgement of the progress the country has made in reaching its 100 GW renewables milestone, and the […] Read more
EDF Renewable Arm Buys 270 MW US Solar Project from Galehead Updated On Thu, Sep 16th, 2021 by Saurenergy EDF Renewables (EDFR), the renewable arm of the French utility EDF Group, has bought a 270 megawatt (MWdc) solar development project in the MISO Central region from Galehead Development, an independent Boston-based energy development platform. A leading independent power producer and service provider, EDFR has 35 years of experience in renewable energy. When completed the solar […] Read more
