IEX’s August Power Market Update Updated On Wed, Sep 4th, 2024 by Saurenergy The Indian Energy Exchange (IEX), the dominant power exchange in the country, has released its market update for August. IEX achieved a total volume (including certificates) of 12,040 MU in August 2024, marking a 35.8% year-over-year increase. The electricity volume at 9,914 MU, increased 17.1% YoY. The renewable energy certificates (REC) at 2,116 MU, increased […] Read more
MERC Declines MSEDCL’s Plea To Not Allow Virtual Net Meters Updated On Tue, Sep 3rd, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest notification decided to stick to its plan to roll out the facility of virtual net-metering for residential consumers especially living in multi-storeyed buildings. The state power regulator in its discussion on a draft regulation on the issue ruled out the pleas of the Maharashtra discom and […] Read more
Sales Strategy – Sales & Marketing Updated On Mon, Sep 2nd, 2024 by Saurenergy Responsibilities:- Work with all teams in sales and marketing department to gather market intelligence and prepare a monthly report for circulation to senior management and promoters. Coordinate between CMO and other HODs and also with other internal/ external stakeholders. Prepare MIS reports, MOMs, managing database and information flow as per the requirements of the department. […] Read more
MERC New Regulation Sets 7% Flexible Demand Target For Next Five Years Updated On Fri, Aug 30th, 2024 by Saurenergy Given the evolving context of generation profiles from various types of generation plants, including those behind the meters (within consumer premises), and the significant emphasis on solarizing agricultural feeders and households, it is now imperative to view demand-side management as an opportunity. This opportunity includes a combination of demand flexibility, demand response, energy efficiency, and […] Read more
2023: Onshore Wind Struggles With Permits, Grid Issues: Report Updated On Thu, Aug 29th, 2024 by Saurenergy According to a recent report by energy research body– BloombergNEF (BNEF), the global transition towards clean electricity has reached new milestones, with wind and solar contributing 13.9% which is reported to reach a new record high. Additionally, a pair of new reports and findings from two reports published by BNEF: Power Transition Trends 2024, and […] Read more
ReNew Signs 437.6 MW Green Attribute Pact With Microsoft Updated On Tue, Aug 27th, 2024 by Saurenergy ReNew, one of India’s leading renewable energy companies, announced the signing of a green attribute sale contract of 437.6 MW of capacity with American software technology giant-Microsoft. The contract is expected to generate over one million units of green electricity attributes annually, contributing to Microsoft’s ambition to be carbon-negative by 2030. As part of the […] Read more
A Week Later, No Relenting In Tamil Nadu Decision To Add ‘Resource Charge’ On Wind Energy Updated On Tue, Aug 27th, 2024 by Saurenergy The Tamil Nadu government , which imposed a Rs 50 lakh ‘resource charge’ for every MW of upcoming ISTS connected wind energy installations in the state, seems unwilling to relent on the decision. The state, one of the most well placed to generate wind power in the country with an installed capacity of 10.7 GW, […] Read more
Shyam Metalics & Energy Launches 10 MW RE Projects Updated On Thu, Aug 22nd, 2024 by Saurenergy Shyam Metalics and Energy Ltd., an integrated metal manufacturing company in India, is set to venture into clean energy by integrating rooftop and floating solar installations across their pan-India facilities. This initiative is part of the company’s commitment to sustainable energy, decarbonization, and supporting the country’s green and clean energy mission. The company has announced […] Read more
ABB Celebrates 10 GW Automation Milestone For RE Projects In India Updated On Wed, Aug 21st, 2024 by Saurenergy ABB India has surpassed a 10-gigawatt (GW) milestone in delivering its automation solution for renewable energy plants in India. Starting with a 100-MW project about seven years ago, ABB has strengthened its footprint in the renewable energy industry with this milestone, which is a result of over 300 renewable energy projects across India utilizing ABB’s […] Read more
