Zetwerk Wins Order From Indian Oil To Set Up 1400+ Fast EV Chargers Updated On Thu, Mar 28th, 2024 by Saurenergy Bengaluru-based Zetwerk, which is a managed marketplace for contract manufacturing announced its plans to install electric vehicle (EV) fast chargers in major cities and on key highways to enhance accessibility and travel convenience. Zetwerk, a managed marketplace for contract manufacturing recently, secured an order with Indian Oil Corporation Limited (IOCL) to set up EV fast […] Read more
TotalEnergies & SINOPEC Ink Deal For Sustainable Jet Fuel In China Updated On Wed, Mar 27th, 2024 by Saurenergy TotalEnergies and China Petroleum and Chemical Corporation (“SINOPEC”) have signed a Heads of Agreement (HoA) to jointly develop a Sustainable Aviation Fuel (SAF) production unit at SINOPEC’s refinery in China. The planned unit, jointly owned by SINOPEC and TotalEnergies, will have the capacity to produce 230,000 tons of SAF per year and will process local […] Read more
DERC New Guidelines Lays Costs On Distributors For Under 11kV Project Updated On Wed, Mar 27th, 2024 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) recently amended guidelines that is called Delhi Electricity Regulatory Commission (Group Net Metering and Virtual Net Metering for Renewable Energy) (Fifth Amendment) Guidelines, 2024. These guidelines are expected to come into effect from 1st April 2024 and remain in force till further amendments. The DERC’s recent notification amendment was […] Read more
JSW Renewable Energy Acquires 45 MW Maha Wind Farm From Reliance Power Updated On Wed, Mar 27th, 2024 by Saurenergy JSW Renewable Energy, a subsidiary of JSW Neo Energy has acquired a 45 MW Vashpet wind project from Reliance Power in Maharashtra’s Sangli. The company announced the acquisition from Reliance Power and further said that the transaction has been executed as a going concern on a slump sale basis. JSW Energy aims to achieve 20 […] Read more
As March 31 Deadline Looms, ALMM Set To Rule Again Updated On Wed, Mar 27th, 2024 by Saurenergy Any hope developers might have had of the kind of exemptions the MNRE provided (before withdrawing them within a week) seem to be evaporating as the fiscal year deadline approaches. Readers will recall that the Approved List of Module Manufacturers(ALMM) requirement has been used as an effective non-tariff barrier by the government to support domestic […] Read more
RPC, Altea Green Power Ink Deal For 1GW Storage Project In Italy Updated On Tue, Mar 26th, 2024 by Saurenergy Renewable Power Capital (RPC) and Altea Green Power have entered into a development partnership for 1GW of battery energy storage in Italy. Through this partnership, RPC adds a new jurisdiction to its fast-growing European storage pipeline – which now stands at more than 5.5GW, according to a media statement by Renewable Power Capital. The development […] Read more
Govt Amends ALMM Norms On Module Threshold Efficiency Updated On Fri, Mar 22nd, 2024 by Saurenergy In its latest notification, the Ministry of New and Renewable Energy (MNRE) has amended its ALMM norms for solar module manufacturers. The new revised norms apply to all the solar module manufacturers enlisted under the Approved List of Models and Manufacturers of Solar Photovoltaic Modules (ALMM). According to the latest list from the MNRE, 82 […] Read more
MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
UK-Based Statera Secures 670MW Contracts in Auctions Updated On Fri, Mar 22nd, 2024 by Saurenergy In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […] Read more
