RERC approves levelised tarrif of Rs 2.89 For Kusum Component C Project Updated On Wed, Mar 9th, 2022 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) recently ruled in favour of Jaipur Vidyut Vitran Nigam Ltd. (JVVNL), which had requested the commission to approve the levelized tariff discovered through competitive bidding for a 4.24 MW pilot solar power project for feeder level solarization under Component-C of the PM-KUSUM scheme. The Ministry of New and Renewable Energy […] Read more
European Commission President Bats for Hydrogen and Renewables to Russian Overhang Updated On Mon, Mar 7th, 2022 by Saurenergy European Commission President Ursula von der Leyen has said that Europe must expedite expansion of renewables and hydrogen to achieve energy security and displace Russian gas dependency. Just as political, diplomatic, economic and other sanctions continue to heap over Russia for its armed struggle in Ukraine, many European countries – including Germany – have faced […] Read more
The Top 5: EV Battery Manufacturers in the World Updated On Mon, Mar 7th, 2022 by Saurenergy Advances in electric vehicle (EV) batteries and their associated technologies are finally attracting the interest of individuals to purchase EVs, contributing to the growth of EV batteries. The top EV Battery Manufacturers in the World are the frontline contributors to the growth of the industry. The scale of production forms a litmus test about market […] Read more
UPERC Faults Generator For Not Utilising Banked Power On Time, Allows It To Lapse Updated On Thu, Mar 3rd, 2022 by Saurenergy In a recent judgement, Uttar Pradesh Electricity Regulatory Commission (UPERC) has sought to clarify the issue of banking of power by generators in the state. Amrit Bottlers Private Limited set up a 10 MW solar plant in Uttar Pradesh, which was commissioned in October 2020. Out of the total 10 MW capacity, 6 MW was […] Read more
120-year-old paper mill to become battery materials gigafactory in Sweden Updated On Thu, Mar 3rd, 2022 by Saurenergy Northvolt and Stora Enso have signed a letter of intent for the purchase of the Kvarnsveden Mill and the surrounding industrial area in Borlänge, Sweden. Northvolt will develop the site into a manufacturing plant for active material and battery cells, reusing and refurbishing much of the existing facilities and site infrastructure, an official statement said. […] Read more
RTC Power To make Up 5% of Renewable Power by 2025 Updated On Thu, Mar 3rd, 2022 by Saurenergy Even as India awaits its first large RTC (round the clock) renewable projects to come online, research agency CRISIL predicts that the share of RTC plants in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. The agency expects this to be achieved on the back […] Read more
Hyundai to Launch 17 EV Models by 2030 Updated On Thu, Mar 3rd, 2022 by Saurenergy South Korean auto giant Hyundai has planned to come up with at least 17 complete electric vehicle (EV) models by 2030. The plan is to ensure a robust EV line up and stay afloat in the view of tough competition from rival EV makers in the global market. The plan was disclosed when Hyundai Chief Executive […] Read more
Mahindra Group to Invest Fresh Rs 3000 cr in EV Business Updated On Wed, Mar 2nd, 2022 by Saurenergy Leading Indian automaker Mahindra & Mahindra Ltd (M&M) has said that the company will invest Rs 3000 crore in the coming three years in the electric vehicle segment where it will combine its capabilities of all the current operations across the world. Managing Director and CEO Anish Shah said that the company has massive investment plans for […] Read more
CERC nod for hydropower contracts in GTAM for HPO Compliance Updated On Mon, Feb 28th, 2022 by Saurenergy In a recent ruling, the Central Electricity Regulatory Commission (CERC) has granted approval to the Indian Energy Exchange Limited (IEX) to introduce hydropower contracts in Green Term-Ahead Market (GTAM) on its platform to facilitate the compliance of Hydropower Purchase Obligation (HPO) by obligated entities. The Ministry of Power (MoP) has set a target of 30000 […] Read more
