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IEX Sees 8% Volume Increase YoY in June ’23 to Reach 8946 MU

Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8946 MU overall volume in June 2023, including green market trade of 272 MU, 5.33 lac RECs (equivalent to 533 MU) and 2.44 lac ESCerts (equivalent to 244 MU). The overall volume during the month was higher 8% on YoY basis. IEX achieved 25,125 MU volume […]

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Sunsure Energy Appoints Prosenjit Chakraborty as Head, Performance Systems & IT

Independent Power Producer SunSure Energy has appointed Prosenjit Chakraborty as the Head of Performance Systems & Information Technology in the Asset Management department. Prosenjit’s professional expertise entails developing and leading asset management systems in the renewables industry. In the past, Prosenjit held key positions at renowned firms such as Ayana Power, Vena Energy, ReNew Power, […]

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KPI Green Energy, SAEL & NLC India Emerge Winners in GUVNL’s 800 MW Tender

KPI Green Energy, SAEL and NLC India have emerged winners for Gujarat Vikas Nagar Nigam Ltd (GUVNL) 800 MW solar project via competitive bidding. GUVNL had floated the tender for solar projects at Khavda Solar Park, Gujarat in May, 2023. The project comes with a greenshoe option of 800 MW. KPI Energy won 100 MW […]

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Angola Secures €1.29 Billion Loan for Renewable Mini-Grids and Grid Expansion

Angola’s Ministry of Finance has secured a loan of €1.29 billion ($1.41 billion) through the assistance of Standard Chartered Bank, UK. This funding will be utilized to implement 48 solar photovoltaic (PV) and energy storage mini-grids across various rural areas across Angola. The primary objective of this initiative is to promote self-sufficiency in energy consumption […]

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Haryana Offers 75% Subsidy Support Under PM-KUSUM

Haryana Renewable Energy Development Agency (HREDA) has now issued notification seeking applications from farmers for solar irrigation pump connections under the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyaan (PM-KUSUM). The notification asked the eligible farmers to apply up to July 12, 2023.  Under the scheme, the Haryana government is offering a 45 percent subsidy from the state […]

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APTEL Determines Interim CUF at INR 5.71 Per Unit for ODisha Hydro Project

The Appellate Tribunal for Electricity (APTEL) has accepted the plea of Baitarani Power Project Private Limited contending the previous order of the State Commission, which had reduced its project tariff for a 24 MW small Hydro Electric Project to INR 5.03 per unit. The order had been passed by the Odisha Electricity Regulatory Commission in […]

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SCADA Engineer

Lead the development and design process for all SCADA related topics for solar power plant Support the procurement team with technical expertise throughout different project phases Develop and coordinate the design of monitoring and control systems for utility scale solar PV i.e SCADA units, Power Plant Controller, RTU and IT equipment Specify monitoring equipment, meteorological […]

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CERC Orders Compensation for Adani Subsidiary Over ‘Change of Law’ Events

The Central Electricity Regulatory Commission (CERC), in its latest order, directed the Solar Energy Corporation of India (SECI) and other related entities concerned to compensate Adani Solar Energy Jodhpur Four Private Limited, a Special Purpose Vehicle (SPV) of Adani Green Energy.  The order came to the fore after the SPV moved a petition before the CERC […]

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Serentica Renewables Seals 1.25 GW Round-The-Clock Green Energy Agreements

Serentica Renewables has announced that it has signed over 1.25 GW of new Power Delivery Agreements (PDAs) with multiple industrial customers. This is in addition to the 580 MW PDAs that were signed in March 2023. To ensure the round-the-clock green energy needs of its customers, Serentica will install 4 GW of renewable energy capacities […]

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