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
Hyderabad All Set for Solar Rooftop Cycling Track in 2023 Updated On Wed, Sep 7th, 2022 by Saurenergy Telangana Municipal Minister K T Rama Rao has revealed that Hyderabad is all set to witness the establishment of its maiden cycle track, which will host a solar roof to employ solar panels for power generation. The construction will be on the lines of Daejeon and Sejong cycle highways in South Korea. The Minister laid […] Read more
RE Firms’ Receivables to Dwindle by 20% in FY23: CRISIL Updated On Wed, Sep 7th, 2022 by Saurenergy In a significant revelation, as per a CRISIL ratings, the leading renewable energy companies’ receivables will shrink by 20% this fiscal year. Leading RE companies may anticipate their receivables to decline by a fifth, from 180 days a year ago to 140 days in March next year, CRISIL has said. This trend was last seen […] 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
Li-Battery Revolution is Key to India’s Fast-Paced EV Adoption Updated On Tue, Aug 30th, 2022 by Saurenergy Founded by its MD, A K Shukla, Sanvaru Technology is a leading manufacturer that specializes in providing innovative and customized Lithium-Ion Battery Storage solutions (BESS). Under the leadership of A K Shukla, who is a seasoned electronics and instrumentation engineer with over 30 years of diverse industrial experience, the organisation has grown from strength to […] Read more
TG:s El of Soltech Gets Its Biggest Order of SEK 11 Million Updated On Fri, Aug 26th, 2022 by Saurenergy The electrical engineering company TG:s El in Finspång, which has been part of the Soltech Group since July 1 has bagged its largest order to date in the second quarter, as per the announcement. The official statement says that the assignment includes electrical installations and solar energy solutions at Hällestagården nursing home when it is […] Read more
O2 Power Acquires Emmvee Group’s Solar Plant Portfolio of 55 MW Updated On Thu, Aug 25th, 2022 by Saurenergy Delhi-based renewable energy producer, O2 Power has announced the acquisition of several solar power plants from Bangalore-based solar modules manufacturer Emmvee Photovoltaic Power. According to the company, these plants are located in Karnataka and Telangana and have a combined installed capacity of 55MW. A portion of this capacity is used to power state DISCOMs, and […] Read more
NTPC Commissions 10 MW Out of 20 MW Gandhar Solar Project in Gujarat Updated On Wed, Aug 24th, 2022 by Saurenergy India’s largest energy conglomerate NTPC has revealed that the enterprise’s first part (10 MW) of 20 MW Solar PV Project in Gandhar, Gujarat has achieved completion. This has made it the fourth-most successful renewable energy project commissioned in the month of August. NTPC shared, “Consequent upon successful commissioning, the first part capacity of 10 MW […] Read more
POSOCO Asks Power Exchanges To Bar 27 DISCOMs From Trading Until They Clear Dues Updated On Fri, Aug 19th, 2022 by Saurenergy According to sources, Power System Operation Corporation Ltd (POSOCO) has asked three power exchanges – IEX, PXIL, and HPX – to restrict electricity trading by 27 discoms in 13 states that owe gencos money. POSOCO has issued a directive to the Indian Energy Exchange (IEX), Power Exchange of India (PXIL), and Hindustan Power Exchange (HPX) […] Read more
