CESL Discovers Prices for India’s Largest E-bus Tender Updated On Tue, Jan 3rd, 2023 by Saurenergy Convergence Energy Services Limited (CESL) has shared the prices discovered for the biggest non-subsidized demand for 6465 electric buses. The unified tender makes up demand for electric buses from the six Indian states & UTs of Delhi, Telangana, Haryana, Surat (Gujarat), Kerala and Arunachal Pradesh. CESL is a wholly owned subsidiary of Energy Efficiency Services […] Read more
Haryana (HERC) Amends Renewable Purchase Obligation Policy, Adds Wind Updated On Tue, Jan 3rd, 2023 by Saurenergy Haryana has made the renewable purchase obligation (RPO) system more dynamic and eased the liability of stakeholders as it has included wind energy within the ambit of RPO. In an important development, the Haryana Electricity Regulatory Commission (HERC) has amended the policy on RPO by including wind energy and aligning solar energy to the other […] Read more
Turkey Imposes Regulation on Buildings to Meet 5% Energy Needs from RE Updated On Tue, Jan 3rd, 2023 by Saurenergy The world is ramping up energy efficiency efforts by establishing new building codes. Recently, India also set up new norms, including for residential buildings, under the ambit of Energy Conservation (Amendment) Bill 2022. In its bid towards decarbonization, Japan has also mandated the installation of solar panels for new homes post 2025. Now, Turkey has […] Read more
China, Malaysia Explore Development of Virtual Power Plants Updated On Tue, Jan 3rd, 2023 by Saurenergy Virtual Power Plants are touted as the next big step in solar industry that is driving the new wave of energy. In a recent development on the front, China and Malaysia have joined forces to explore opportunities in VPPs. Towards this, the two countries organised “China-Malaysia Virtual Power Plant Project Achievements Conference and China-Malaysia Virtual […] Read more
Canada’s Boralex Acquires 50% Stake in Five Wind Farms of 894 MW in US Updated On Tue, Jan 3rd, 2023 by Saurenergy In a major development, EDF Renewables North America has announced that the company has completed the transaction with Boralex Inc. by which Boralex has acquired EDF Renewables’ 50-percent ownership interests in five wind power projects totaling 447 MW in Texas and New Mexico. This has taken the renewable energy portfolio of the purchaser to further […] Read more
As Chinese Majors Slash Wafer Prices Dramatically, Expect Moderation In Panel Prices Finally Updated On Mon, Jan 2nd, 2023 by Saurenergy China is the world’s largest producer of solar panels and any price fluctuations in the country have implications for the rest of the world with respect to supply chain and supply and demand dynamics. As per a report by the International Energy Agency, China dominates the photovoltaic industry with 80% share. This domination is particularly […] Read more
CERC Rejects Azure’s Plea for Extension of LTA Start Date, Exemption from Transmission Charges Updated On Mon, Jan 2nd, 2023 by Saurenergy The CERC has quashed the petition of Azure Power and its subsidiaries Azure Power Forty-Three, Azure Power Forty-One and Azure Power Maple, which sought the extension of the long term access start date. The petition also pleaded for extension of deadline from completion of the dedicated transmission line and pooling substation and exemption from transmission […] Read more
Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
JBS is World’s First Food Company to Issue International Renewable Energy Certificates Updated On Mon, Jan 2nd, 2023 by Saurenergy Sao Paulo, Brazil based JBS, has announced that it has become the first in the food sector to have an enterprise qualified to issue International Renewable Energy Certificates (International REC Standard / I-REC). The certification proves that the generation of electricity comes from renewable and environmentally responsible sources. JBS S.A. is a Brazilian multinational company, […] Read more
