Amplus Solar Hits 1 GW Solar Capacity Milestone Updated On Thu, Apr 7th, 2022 by Saurenergy Amplus Solar, the Gurugram based distributed solar energy provider started in 2013, has hit a key milestone in India. One Gigawatt (1GW) capacity of solar assets. Serving a portfolio of A-rated commercial and industrial customers primarily, Amplus Solar commissioned its first project of 100kW at an engineering college in Maharashtra in May 2014 and continued […] Read more
IEX March’22 Update-Green Trading Contracts, High Avg. Solar Prices Of Rs 5.64/unit Updated On Wed, Apr 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 9,605 MU volume in March’22 comprising 8,702 MU in the conventional power market, 392 MU in the Green Power Market and 511 MU (5.11 lac Certificates) in the REC Market registering 16% YoY volume growth across all market segments. The volumes in the Green Power market as well as […] Read more
Rajasthan HC dismisses PIL against land allotment to solar companies Updated On Wed, Apr 6th, 2022 by Saurenergy Rajasthan High Court has dismissed a PIL protesting land allotment to solar companies in Fatehgarh area and imposed a penalty of Rs 50,000 on the petitioners. A division bench comprising Justice Vinod Bharvani and Justice Sandeep Mehta issued an order on March 31 and dismissed the PIL and directed the petitioners to deposit the penalty […] Read more
Portugal’s floating solar energy auction sets world record negative price Updated On Wed, Apr 6th, 2022 by Saurenergy Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […] Read more
Sono Motors signs up new Finland partner for solar car Updated On Wed, Apr 6th, 2022 by Saurenergy Germany’s Sono Motors has signed up a new partner for its partly solar-powered cars and is sticking to its goal of commercial production in 2023, after abandoning talks with the electric carmaking arm of indebted Chinese property developer Evergrande. Sono said on Tuesday it would produce its first vehicles in Finland with supplier Valmet Automotive, […] Read more
Japanese conglomerate Mitsui to invest in ReNew Power’s RTC project Updated On Wed, Apr 6th, 2022 by Saurenergy ReNew Power on Wednesday said Japan’s trading firm Mitsui & Co will invest in the Indian firm’s round-the-clock renewable energy project aggregating 1,300 Mw and 100 MWh battery storage. ReNew Power last year signed 400 Mw round-the-clock (RTC) power purchase agreement to supply electricity to Solar Energy Corporation of India (SECI). For the 400 Mw […] Read more
Uranium Miner Virginia Energy May Install 1000 Acres Solar Project in Coles Hill, Virginia Updated On Tue, Apr 5th, 2022 by Saurenergy Uranium development and exploration company Virginia Energy Resources has signed an option agreement with a solar development company to evaluate the feasibility of a solar energy generation facility on 1,000 acres land owned by it at Coles Hill, Virginia, United States of America. If the solar project comes up, it would generate low carbon energy […] Read more
CERC allows PXIL to introduce hydropower contracts in GTAM Updated On Tue, Apr 5th, 2022 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) has approved Power Exchange India Ltd.’s (PXIL) proposal to introduce Hydropower Contracts in existing Green Term Ahead Market (GTAM) on its platform for exclusive trading of hydro energy. CERC dealt with different aspects of the proposed contract keeping in view the submissions made by PXIL […] Read more
AC Energy, ib vogt to invest in large-scale solar projects in Asia Updated On Tue, Apr 5th, 2022 by Saurenergy AC Energy (ACEN) is linking up with German firm ib vogt to generate at least 1,000 megawatts (MW) of solar projects throughout Asia in the years ahead, it announced Monday. “The joint venture partners will focus on late-stage, shovel-ready projects in Indonesia, Vietnam, Malaysia, Laos, Bangladesh, and other countries in the region,” said the Ayala-led […] Read more