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
SJVN to Develop 400 MW Solar Park in Himachal Pradesh’s Kinnaur Updated On Mon, Feb 28th, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) has been allotted the development of 400 MW Solar Park in Upper Kinnaur, Himachal Pradesh. The Ministry of New & Renewable Energy (MNRE) has accorded in-principle approval for the development of this solar park under Mode-8 or Ultra Mega Renewable Energy Power Parks of its Solar Park Scheme. SJVN’s Chairman & […] Read more
Wind Repowering in India Waits for a Favourable Wind Updated On Mon, Feb 28th, 2022 by Saurenergy The benefits of solar and wind energy as clean alternatives to oil, coal and gas are well established globally. Though many countries started their solar journey early, India’s solar-energy build-up has been consistently gathering momentum over the last decade, with the last five years seeing a sharp spurt. The wind energy sector, on the other […] Read more
Cochin Airport to Be Power-positive With New Solar Plant from March 6 Updated On Mon, Feb 28th, 2022 by Saurenergy The Cochin International Airport Limited (CIAL), the world’s first airport fully powered by solar energy, is to become power-positive with the commissioning of its new solar power plant near Payyannur in Kannur district of Kerala. Chief Minister of the State Pinarayi Vijayan would inaugurate the 12 MWp solar power plant on March 6, Managing Director […] Read more
Assam Considers Setting Up Solar Plants in Tea Estates & Factories Updated On Mon, Feb 28th, 2022 by Saurenergy Assam tea industry is looking at various ways and means to set up solar projects in the plantation areas and in the barren lands available inside the estates. An interactive meet titled “Opportunities of solar power plants in tea estates and tea factories” was organised on Friday at the Guwahati Tea Auction Centre premises. At […] Read more
ReNew Power Q3 Results, Revenues jump 25% but losses mount too Updated On Mon, Feb 28th, 2022 by Saurenergy The Nasdaq listed ReNew Energy Global (ReNew Power) has announced its results for the Third Quarter (Q3 FY22) and Nine Months of Fiscal 2022, both ended December 31, 2021. Operating Highlights: The commissioned capacity of the Company increased by 1.1 GW during Q3 FY22 of which 0.8 GW was added organically. As of December 31, […] Read more
Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
SJVN Bags 15 MW floating solar project in Himachal Updated On Sun, Feb 27th, 2022 by Saurenergy Nand Lal Sharma, Chairman & Managing Director, SJVN has announced the winning of a 15 MW Grid Connected Floating Solar PV Power Project at Nangal pond, near village Neilla, District Bilaspur, Himachal Pradesh. SJVN has bagged the full quoted capacity of 15 MW @ INR 3.26 /Unit on Build Own and Operate basis through e-Reverse […] Read more
Hyundai, Kia to Use Wind Farms to Power EV Charging Network in Europe Updated On Fri, Feb 25th, 2022 by Saurenergy South Korean automakers and global brands Hyundai and Kia are making new investments to enable their customers to charge their electric vehicles with clean energy. This energy will be procured from various wind farms being installed across Europe. Hyundai has announced that its ‘Charge myHyundai’ network will be integrated with green energy so that the […] Read more