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
Canada’s Zinc8 Produces its First Zinc-Air Batteries for US Market Updated On Wed, Sep 7th, 2022 by Saurenergy Canada-based energy solution provider company, Zinc8 has announced recently its first commercial production facility (zinc air batteries) will be built in New York. The recently released US Inflation Reduction Act (IRA) manufacturing production credits offer distinct and direct benefits to Zinc8, impacting its production plans in the US, according to a thorough study performed by […] Read more
India’s Lithium Battery Recycling Gets Boost with New Rules Updated On Wed, Sep 7th, 2022 by Saurenergy In a big boost to the nascent lithium battery recycling industry in India, the environment ministry has announced new Battery Waste Management Rules, 2022, establishing responsibilities of producers, dealers, consumers, and entities involved in the collection, segregation, transportation, refurbishment, and recycling of all types of batteries, including rechargeable Lithium-ion batteries used in electric vehicles. The […] 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
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
ALMM, BCD Update- Developers Hope For Relief Soon Updated On Tue, Sep 6th, 2022 by Saurenergy Informed sources indicate that there are strong chances of the government considering developer pleas for extending applicability of ALMM conditions for domestic projects. A meeting was held between industry representatives and Minister of Power, New and Renewable Energy R K Singh on September 6. The agenda was a review meeting with key developers and other […] Read more
The Top List. Key Foreign Investors in Indian Renewable Sector Updated On Mon, Sep 5th, 2022 by Saurenergy Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […] Read more
Jakson Group Sets Sights on Building Green Hydrogen Projects Across Asia, Africa Updated On Mon, Sep 5th, 2022 by Saurenergy A leading energy company in India, Jakson Group has shared that it will set up green hydrogen projects across Asia and Africa. The Chairman and Managing Director, Jakson Group, Sameer Gupta revealed, “The company intends to construct green hydrogen projects throughout West Asia and North Africa. The intention is to hunt for hydrogen and ammonia […] Read more
The Many Promises of Battery Swapping Updated On Mon, Sep 5th, 2022 by Saurenergy Known for designing and developing electric vehicles, Chinese multinational automobile manufacturer, NIO, has established a formidable reputation with regard to battery swap stations. In July this year, the automobile giant opened 1,000 swap stations and reached 10 million battery swaps. As of August, NIO boasts of 1071 swap stations in China, however, it has no […] Read more
