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
Tech Firm Lancium Raises $150M to Advance Decarbonisation Solutions Updated On Wed, Nov 24th, 2021 by Saurenergy Lancium Technologies Corporation, a technology firm focused on energy transition, has announced that it has closed $150 million in financing from leading energy companies and investors. Hanwha Solutions, a South Korean provider of clean energy solutions and owner and operator of Q CELLS, led this financing round. Lancium also received support from Novawulf and other […] Read more
RWE Picks SMA Technology to Build Major German Storage Facility Updated On Wed, Nov 24th, 2021 by Saurenergy Energy utility RWE is building a battery energy storage system (BESS) with a total output of 117 megawatts in Germany. The system technology used for integrating and optimally controlling the charging and discharging of the 420 lithium-ion battery racks of the battery storage system is being supplied by SMA Solar Technology. The storage project will […] Read more
Indira Gandhi International Airport to Achieve Net Zero by 2030 Updated On Wed, Nov 24th, 2021 by Saurenergy The national capital’s Indira Gandhi International Airport (IGIA) is set to become ‘Net Zero Carbon Emission Airport’ by 2030. “At Delhi Airport, we are on a strong environment progress journey and we are confident to become ‘net zero carbon emission’ airport by 2030, following the ‘Airport Carbon Accreditation’ guidelines,” said Videh Kumar Jaipuriar, CEO, DIAL. […] Read more
Jindal Steel Floats RE Tender to Procure Max 224 MW Updated On Tue, Nov 23rd, 2021 by Saurenergy Jaipur-based Jindal Steel has released a new tender, inviting bids for the procurement of 224 MW of renewable power (solar and non-solar) for interstate or intrastate trading through the open access route. The company aims to meet its additional power requirements due to the expansion of its plant capacity from December 1, 2022, to November […] Read more
Developers Should Be Protected From Abrupt Regulatory Changes Updated On Tue, Nov 23rd, 2021 by Saurenergy Intro: Amid all excitement around the ambitious goals set by PM Modi for the energy market in India, solar firms like Amplus Solar also raise apprehensions about a need for regulatory stability and certainty. These they feel are the key asks, for enabling more investments to flow into the country and, also in ensuring viability […] Read more
IEX Announces Resumption of REC Trading From Nov 24 Updated On Mon, Nov 22nd, 2021 by Saurenergy The Indian Energy Exchange (IEX) has announce the resumption in the trading of Renewable Energy Certificates (REC) with effect from Wednesday 24 November 2021, after a gap of almost 16 months. The last REC trade session took place in June 2020. The trade has been resumed in line with APTEL’s recent order dated 09.11.2021 and […] Read more
IOC Floats Global Tender to Set Up Green H2 Units at Mathura & Panipat Updated On Mon, Nov 22nd, 2021 by Saurenergy The Indian Oil Corporation (IOC), ranked 212th on the Fortune Global 500 list of the world’s biggest corporations as of 2021, has released a global tender to set up green hydrogen generation units at Mathura and Panipat — two of its big refineries in North India. The deadline for interested applicants to submit their bids […] Read more
Renew Energy Concall. Sumant Sinha Sees 25 GW Corporate PPA Market In India Updated On Fri, Nov 19th, 2021 by Saurenergy Renew Power, or its new listed avatar, Renew Energy Global (RNW) hosted its first earnings call after its Q2 results yesterday. Presenting at the call were Sumant Sinha – Founder, Chairman, and CEO and D Muthukumaran – CFO. Capacity Additions On Schedule For Renew, which has positioned itself as the leading renewable energy firm from India, it […] Read more
