Octopus Energy, Sterlite Power Sign MOU For Green Power Systems Updated On Tue, Dec 21st, 2021 by Saurenergy UK based 1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding […] Read more
PXIL launches Its Own I-DAS For Combining RE and Conventional Power Trading Updated On Tue, Dec 21st, 2021 by Saurenergy India’s 1st institutionally promoted power exchange, Power Exchange India Ltd (PXIL) has launched the Integrated Day Ahead Spot market (called I-DAS), a collective transaction that integrates transactions for Renewable Energy (RE) along with Conventional energy. I-DAS offers market participants the convenience of submitting orders for transacting in RE as well as Conventional power in the same […] Read more
CERC Votes For Mutual Settlement Of Disputes In ‘Change In Law’ Petitions Updated On Tue, Dec 21st, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC), in a series of recent orders, has decisively pushed parties petitioning for ‘change in law’ situations to settle their disputes with mutual discussions and understanding. By doing this, the CERC is simply sticking to the letter of the agreements signed in these cases, which do have a provision for […] Read more
AES Acquires Community Solar, Adds 10 GW Renewable Pipeline Updated On Tue, Dec 21st, 2021 by Saurenergy US energy firm AES Corporation has announced the acquisition of leading US solar developer, Community Energy Solar, LLC (Community Energy). AES has signed PPAs to deliver 4 GW of renewables in the US this year and the acquisition of Community Energy will further bolster the Company’s future expansion efforts with a strong pipeline and skilled […] Read more
iCreate Incubated Charge+Zone Signs MOU for 50,000 Charging Stations Updated On Tue, Dec 21st, 2021 by Saurenergy iCreate, the Gujarat government backed tech startup incubator has facilitated a partnership between it’s supported start-up CHARGE+ZONE, a technology-driven EV Charging Networks company and the Government of Gujarat, for $300 Million investment, in an endeavour to set up a network of un-manned, app-driven 10,000 charging stations within the state of Gujarat on national and state […] Read more
UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report Updated On Mon, Dec 20th, 2021 by Saurenergy Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […] Read more
Azure Power Inks 2333MW PPA with SECI Under 4GW Mfg-linked Projects Updated On Mon, Dec 20th, 2021 by Saurenergy Azure Power has signed its largest ever Power Purchase Agreements (PPAs) with the Solar Energy Corporation of India (SECI) for a capacity of 2,333 MW of interstate transmission system (ISTS)-connected solar power projects under the 4 GW manufacturing linked projects, announced the company in a recent official statement. The news was expected since last week, […] Read more
J&K to Purchase 200 MW Solar Power from SECI for Next 25 Years Updated On Mon, Dec 20th, 2021 by Saurenergy The Jammu and Kashmir (J&K) Administrative Council, which met under the chairmanship of Lieutenant Governor Manoj Sinha on Friday, approved the purchase of 200 MW solar power through the Solar Energy Corporation of India (SECI) to meet growing power demand and promote the use of green and clean energy in Jammu and Kashmir, according to […] Read more
NHPC Planning Clean Energy Projects of 27 GW in 9 States, Nepal: CMD Updated On Mon, Dec 20th, 2021 by Saurenergy State-owned NHPC has plans to set up new hydro and solar projects of more than 27,000 MW capacity in nine states and neighbouring country Nepal, the company’s CMD Abhay Kumar Singh has said. The new capacities would come up in Uttar Pradesh, Bihar, Odisha, Rajasthan, Tamil Nadu, Kerala, Maharashtra, Andhra Pradesh and Odisha, Singh told […] Read more
