IEX Energy Exchange July Update- Traded Volumes Up 56% YoY Updated On Mon, Aug 5th, 2024 by Saurenergy Indian Energy Exchange (IEX) achieved the highest ever total volume (including certificates) of 13,250 MU in July 2024, marking a ~56% year-over-year increase. The electricity volume at 10,093 MU, increased 29% YoY for IEX in July. Green electricity volume during the month at 1 BU, grew 259% YoY. The renewable energy certificates (REC) at 3,150 […] Read more
The Top 5 Grid Enhancing Technologies Transforming the Power Industry Updated On Mon, Aug 5th, 2024 by Saurenergy In an era where electricity demand is skyrocketing and the shift toward renewable energy is crucial, a more effective and dependable power system is essential to make this transition seamless. Enter Grid Enhancing Technologies (GETs), which are innovative solutions designed to optimize our existing electrical transmission infrastructure. By integrating renewable energy sources, enhancing grid reliability, […] Read more
Amara Raja Reports Solid Q1 Results, Commissions 90 MW Solar For NTPC Updated On Mon, Aug 5th, 2024 by Saurenergy Hyderabad based Amara Raja Energy & Mobility Limited (ARE&M), (formerly known as Amara Raja Batteries Limited), has reported profit before tax of ₹ 328.66 Cr for Q1 of FY25 registering a growth rate of 23% over Q1 of FY24. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended Jun 30, 2024 Jun 30, 2023 Revenue […] Read more
PM Surya Ghar: UPNEDA Earmarks Rs 2cr On Awareness Updated On Fri, Aug 2nd, 2024 by Saurenergy In a bid to create awareness on rooftop solar through PM Surya Ghar scheme, the Uttar Pradesh New and Renewable Energy Developemnt Agency (UPNEDA) has earmarked Rs 2 crore. This budget is set to be used for planning, strategy and implementation of IEC ((Information, Education and Communication) activities in cities like Ayodhya, Gorakhpur and Varanasi. […] Read more
Punjab Focusses To Boost Solar Energy By Expanding Solar Trees Updated On Fri, Aug 2nd, 2024 by Saurenergy Punjab Energy Development Agency (PEDA) has now planned to boost the deployment of solar energy in the state through innovative means. In its latest endevour in this direction, the state nodal renewable agency has planned to boost the presence of solar trees. Solar trees are an innovative way to increase the size of a solar […] Read more
CPI Appoints Vivek Sen As Its New Director For India Updated On Fri, Aug 2nd, 2024 by Saurenergy Climate Policy Initiative (CPI) a research group and international climate policy organization based in San Francisco, California recently promoted Vivek Sen as its new India Director. Vivek brings experience and expertise in clean energy, policy, and finance to the role. His appointment is to support CPI’s goal to promote sustainable and inclusive economic growth through […] Read more
Green Stocks August 2: Shakti Pumps, Suzlon And KPI Green Stand Out On A Tough Day For Stock Markets Updated On Fri, Aug 2nd, 2024 by Saurenergy As the market slipped over 1%, a number of green energy stocks survived the day with gains. If that doesn’t give you an indication of the outlook for this sector, then consider how Suzlon and Shakti Pumps both rose to hit almost the upper circuit of 5%. While Suzlon gained after a positive outlook for […] Read more
Adani To Commission 1GW Of New Wind Capacities In FY25 Updated On Fri, Aug 2nd, 2024 by Saurenergy Adani Green is now planning to add 700 MW of new wind energy capacities in the current financial year. This comes after the Indian renewable energy company commissioned 250 MW of wind energy capacities at its Khavda renewable part recently. With this, the company’s is likely to add a total of 1 GW of new […] Read more
Co-located Solar & BESS To Reduce Power Shortages: Report Updated On Fri, Aug 2nd, 2024 by Saurenergy A latest report from the India Energy Climate Center (IIEC) said that co-located solar and battery energy storage system (BESS) deployment can help India avoid the likely electricity shortages in the years to come. The public policy think tank at the University of Berkeley, also stated in its report that due to the rapid electricity […] Read more
