CERC Grants HPX Additional Time To Appoint MD, Independent Director Updated On Thu, Dec 7th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, asked the Hindustan Power Exchange Limited (HPX) to appoint a Managing Director and an Independent Director by the end of March 31, 2024. The order was passed to ensure CERC’s Power Market Regulations (PMR) 2021 compliance. The order came to the fore when the power exchange company […] Read more
Goldi Solar Gets 190 MW Module Order From ENGIE India Updated On Wed, Dec 6th, 2023 by Saurenergy Indian solar module manufacturer Goldi Solar, bagged a Modules Supply Agreement (MSA) with ENGIE India, a subsidiary of the France-based ENGIE Group—a global player in low-carbon energy and services. The agreement entails the supply of 190 MW of modules for ENGIE India’s upcoming Sayla village project under a 25-year solar power purchase agreement with Gujarat […] Read more
Lack Of Climate Finance Hindering Global Renewable Deployment: IRENA Updated On Wed, Dec 6th, 2023 by Saurenergy The recent report on energy transition and climate finance released by the International Renewable Energy Agency (IRENA) underscores the pivotal role of the energy sector in reducing emissions, particularly in light of the updated Nationally Determined Contributions (NDC) targets. The study reveals that 90% of participating parties have identified renewable energy generation as a key […] Read more
Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report Updated On Wed, Dec 6th, 2023 by Saurenergy A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […] Read more
Last-mile Micro-mobility Firm inGO Electric Unveils InGO Flee 2.0 At This Price Updated On Tue, Dec 5th, 2023 by Saurenergy inGo Electric, a last-mile micro-mobility firm, has launched its latest electric vehicle model inGO Flee 2.0. Priced at INR 62,000 onwards, inGO Flee 2.0 has been designed with a focus on ergonomic design and comfort. inGO Flee 2.0’s shocks stand offer zero maintenance and ensure a smooth ride. It can carry 25kgs on the carrier […] Read more
Wind Energy Takes Centre Stage at COP28 Updated On Tue, Dec 5th, 2023 by Saurenergy COP28, being held in Dubai, has served as an ideal platform seeing major wind firms and countries join hands on noteworthy agreements on the setting up of wind farms. These agreements run into several gigawatts. 1 GW TotalEnergies AoI On the COP28 platform, French firm, TotalEnergies has entered into an agreement on investment (AoI) with […] Read more
Energy Efficiency In G20 Countries Increased By Four Percent: IEA Report Updated On Tue, Dec 5th, 2023 by Saurenergy A latest report of the International Energy Agency (IEA) on energy efficiency emphasized that a doubling of efficiency progress has the potential to reduce energy bills by one-third. It said that it has the potential to reduce carbon dioxide (CO2) emissions by 50% in 2030. The report underscores the pivotal role the G20 countries can […] Read more
CERC Allows Uttarakhand RE Generator To Avail RECs Despite Delays Updated On Tue, Dec 5th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement used its ‘Power To Relax’ provision to provide relief to Uttarakhand-based renewable energy generators in the matter of the issuance of Renewable Energy Certificates (REC). The order was passed when the petitioner, Dhanashree Agro Products, a Haridwar-based sugar mill, moved the CERC. The sugar mill uses bagasse […] Read more
Adani Green Seals Its Largest Project Financing Of USD 1.36 billion Updated On Tue, Dec 5th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks. The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […] Read more
