Green Energy Trading Continues Fall on IEX In February Updated On Mon, Mar 6th, 2023 by Saurenergy In its February power trading release, the Indian Energy Exchange (IEX) has disclosed that it enabled trading for 341 million units (MU) of renewable energy in February 2023, a 2% decrease month-over-month (MoM) (347 MU) over the previous month and a 25% year-over-year (YoY) decrease. The average daily trading volume on the exchange increased by 5% […] Read more
Tender by first half of 2023-24 Under Green Hydrogen Mission Updated On Mon, Mar 6th, 2023 by Saurenergy The Government of India approved the National Green Hydrogen Mission in the month Jan. 2023 with the initial outlay of Rs.19,744 crore, including an outlay of Rs.17,490 crore for the SIGHT (Strategic Interventions for Green Hydrogen Transition) programme, Rs.1,466 crore for pilot projects, Rs.400 crore for R&D, and Rs. 388 crore towards other Mission components. […] Read more
Sterlite Power Successfully Commissions its Largest Green Energy Corridor Project in Gujarat Updated On Mon, Mar 6th, 2023 by Saurenergy Sterlite Power, a leading power transmission company in India and Brazil, announced the successful commissioning of its green energy corridor project – Lakadia-Vadodara Transmission Project Limited (LVTPL). The project aims to deliver more than 5000 MW of power from renewable rich regions of Bhuj and Kutch to the national grid – a step towards accelerating […] Read more
Rajasthan, Andhra Get Major Solar Investment Commitments Updated On Mon, Mar 6th, 2023 by Saurenergy The Renewal Energy Conclave in Jaipur has proved worthwhile for Rajasthan. Organised under the aegis of RRECL and Rajasthan State Electricity Broadcasting Corporation Limited, the conclave saw signing of MoUs of about Rs 87,000 crore which will generate about 84000 jobs in the state in the RE sector. The commitments were inked in the presence […] Read more
India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids Updated On Mon, Mar 6th, 2023 by Saurenergy Confirmations on the bidders for the phase 2 solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […] Read more
27 Delhi Metro Stations Ready for Solar Plants in Phase IV Updated On Fri, Mar 3rd, 2023 by Saurenergy Delhi Metro Rail Corporation (DMRC) is constructing 27 elevated metro stations under Phase IV to place solar plants in near future. Spaces will also be reserved for inverters, panels and other necessary solar equipment. Following the construction of the stations, rooftop solar plants would be set up depending on their alignment and exposure to sunlight, […] Read more
ISA & UNDP Launch Pilot Projects on Scaling Solar Applications Updated On Fri, Mar 3rd, 2023 by Saurenergy International Solar Alliance and United Nations Development Programme (UNDP) have announced the launch of pilot projects on Scaling Solar Applications for Agriculture Use (SSAAU), in ten African ISA member countries: Benin, Democratic Republic of Congo, Mali, Niger, Republic of Sudan, Senegal, South Sudan, Togo, Tuvalu, and Uganda. The programme is set to be implemented over […] Read more
RWE Acquires JBM Solar to Diversify Portfolio in United Kingdom Updated On Fri, Mar 3rd, 2023 by Saurenergy UK-based renewable energy developer RWE has announced the acquisition of JBM Solar with an ambition to significantly expand its solar and battery capabilities. JBM Solar is a sizable independent developer of solar and battery storage systems. With the acquisition of JBM Solar, RWE takes over a mature pipeline with a combined capacity of around 6.1 […] Read more
Ramkrishna Forgings to Spend Rs 35 Cr for 7.82 MW Rooftop Solar Updated On Fri, Mar 3rd, 2023 by Saurenergy As industries rush towards decarbonisation through employment renewable energy, Ramkrishna Forgings Limited plans has said that it will install a 7.82 MW rooftop solar power system at forging plants. The rooftop solar will come up in Sariekella and Dugni plants in Jamshedpur. The total investment in the solar installation will come to Rs 35 crore. […] Read more
