Karnataka Proposes Peer-To-Peer Energy Trading, Issues Draft Norms Updated On Wed, Jan 31st, 2024 by Saurenergy A latest draft notification released by the Karnataka Energy Regulatory Commission (KERC) proposed Peer-to-Peer (P2P) system for energy transaction, through block chain-based platform between consumers and the discoms. The notification stated, “The regulation is applicable to all the distribution licensees and eligible consumers of the state of Karnataka.” It defined blockchain as, “A digitally distributed […] Read more
Pexapark’s European Market Outlook 2024-More Utility, Hybrid PPAs In Offing Updated On Wed, Jan 31st, 2024 by Saurenergy Switzerland-based Pexapark, a specialist provider of Power Purchase Agreement (PPA) price reference, risk and portfolio management software and advisory services for renewable energy, has some interesting predictions for 2024, when it comes to Europe. In its latest European Market Outlook 2024 Report, the Pexapark predicts that Germany will be back on top in 2024 with […] Read more
CFA Under PM-KUSUM (Comp.-C) To Continue Till Further Orders, Clarifies MNRE Updated On Wed, Jan 31st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in the latest notification clarified that the Central Financial Assitance (CFA) for Feeder-Level Solarisation (FLS) under the PM-KUSUM scheme would continue till further notice. The ministry said that the notice was issued in the wake of inquiries from several states on the matter. The ministry said that […] Read more
Adani Green Delivers Stellar Q3 Results-Profit Up 148% on 40% Turnover Jump Updated On Tue, Jan 30th, 2024 by Saurenergy Adani Green Energy Limited has announced its financial results for Q3 and nine months ending December 31, 2023. The firm, which is the green energy project developer from the Adani Group, saw consolidated net profit improve by 148.54% to Rs 256 crore in Q3FY23 as compared to Rs 103 crore reported in the same period […] Read more
Revised ALMM List: Eight Solar Module Manufacturers Enlist New Models Updated On Mon, Jan 29th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest revised list of Approved List of Manufacturers and Modules of Solar PV Modules (ALMM) has incorporated numerous new solar module models from eight Indian solar module manufacturers. These included new model enlistment from Gautam Solar, Waaree Energy, Agrawal Renewable, HR Solar Solution, Sahaj Solar, […] Read more
“International Initiatives Such As CBAM And Carbon Trading Will Support RE Adoption”, Akshay Hiranandani, Serentica Renewables Updated On Mon, Jan 29th, 2024 by Saurenergy Has Serentica’s launch plan changed since its inception, or is it following the original plan to achieve the fastest renewable expansion? Can you provide the current status of the firm’s plans, including specific timelines for capacity additions? Serentica remains committed to industrial decarbonization and providing 24/7 green power for hard-to-abate industries. Our current focus centers […] Read more
Solis Hits 4 GW Milestone In India Updated On Mon, Jan 29th, 2024 by Saurenergy In 2015, Solis India embarked on its journey within the Indian solar power sector, emerging as a Tier 1 global inverter brand by BNEF. During this time, the exclusively string inverter firm has been a standout success story, benefiting both from a growing solar market in India as well as its own strategy focused on […] Read more
Electricity Demand Growth Grew Fastest In India, China: IEA Report Updated On Mon, Jan 29th, 2024 by Saurenergy A latest report from the International Energy Agency (IEA) said that electricity demand in 2023 plummeted in the United States and European countries. It, however, said that the power demand in India, China, and some South Asian countries grew rapidly. The global energy think tank attributed several reasons for the same. The report said that while China, […] Read more
REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects Updated On Mon, Jan 29th, 2024 by Saurenergy REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […] Read more
