IEX Total Trade Volume Plunges by 18% YoY in August ’22 Updated On Wed, Sep 7th, 2022 by Saurenergy The Indian Energy Exchange, India’s premier energy exchange, achieved 7805 MU volume in August 2022, registering a 9% MoM growth. This comprised 6517 MU in the conventional power market, 437 MU in the Green Power Market, and 851 MU (8.51 lac Certificates) in the REC Market. The total volume in the said period was lower […] Read more
Start-Up Jungle Raises €5 Million to Deploy AI Technology in RE Sector Updated On Wed, Sep 7th, 2022 by Saurenergy Dutch artificial intelligence start-up Jungle has announced that it has closed a €5 million Series A funding round led by SHIFT Invest- Dutch venture capital fund complemented by Rocks International Group, EDP Ventures, Gorilla Growth Capital and Future Energy Ventures. Jungle said that the funding will allow it to speed up the deployment of its […] Read more
NTPC, DVC Incorporate Green Valley Renewable Energy as Joint Venture Updated On Wed, Sep 7th, 2022 by Saurenergy The National Thermal Power Corporation (NTPC) has confirmed through a filing before the Bombay Stock Exchange (BSE) that its green energy arm NTPC Renewable Energy has incorporated Green Valley Renewable Energy to develop, operate and maintain renewable energy parks and projects. The new company will be a joint venture of NTPC with Damodar Valley Corporation […] Read more
S&P Global Launches REC Price Assessments for Brazil-India Turkey Updated On Wed, Sep 7th, 2022 by Saurenergy S&P Global Commodity Insights has announced an independent suite of price assessments for International Renewable Energy Certificates (I-RECs) in Brazil, India, and Turkey. The key objective behind the I-RECs is to provide market participants and energy consumers a higher level of transparency in the global market for valuing renewable-origin power generation. I-RECs certificates are a […] Read more
Taiwan’s ProLogium to Build Solid-State Battery Gigafactory in Europe Updated On Tue, Sep 6th, 2022 by Saurenergy Taiwan-based solid-state batteries manufacturer ProLogium has appointed Accuracy – an independent financial and strategic consulting firm – to advise on the location of its first major Gigawatt-hour (GWh) battery factory in Europe and to work with its international development team. The official statement of ProLogium states that the investment in the new factory will total […] Read more
SECI Invites RFS for 2250 MW ISTS-Connected Renewable Energy Tender Updated On Mon, Sep 5th, 2022 by Saurenergy Solar Energy Corporation of India Limited (SECI) has invited a request for selection (RfS) for the supply of 2250 MW of round-the-clock (RTC) power from ISTS-Connected renewable energy power projects, complemented with Power from any other source or storage in India under tariff-based competitive bidding (RTC-III). The last date for submitting the online bid is […] Read more
US’ Emerson Strikes Deal with Leading Chinese Firm for Wind Farms In China Updated On Fri, Sep 2nd, 2022 by Saurenergy Missouri (USA)-based global technology and software company, Emerson has announced that it will provide integrated wind automation solutions and services to Taiyuan Heavy Industry (TYHI) for three greenfield wind energy farms located in Shanxi Province, China. TYHI is among the biggest makers of heavy machinery in China. The official statement of Emerson said that its […] Read more
France Alters Rules to Expedite 6 GW Renewable Projects Already Awarded Updated On Thu, Sep 1st, 2022 by Saurenergy The electricity market regulator of France – CRE (Commission de régulation de l’énergie) – has published new rules that will allow renewable energy projects whose tender has already been awarded to be commissioned and come online earlier than their planned timelines. This will allow them to take advantage of high electricity prices. Many of the […] Read more
Keppel To Develop Singapore’s First Hydrogen-Ready Power Plant, Awards Consortium for Construction Updated On Thu, Sep 1st, 2022 by Saurenergy Keppel Infrastructure Holdings Limited, through its wholly owned subsidiary Keppel Energy, has reached final investment decision (FID) to develop a 600MW state-of-the-art, advanced combined cycle gas turbine (CCGT) power plant in Singapore. This will be Singapore’s first hydrogen-ready CCGT power plant. Keppel has also awarded an engineering, procurement and construction (EPC) contract to a consortium […] Read more
