Regulator Extends Rs 12 Cap On Traded Electricity To Sep 30 On Power Exchanges Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC), which had in an order on May 6 directed the Power Exchanges to cap power trading prices at Rs 12 till June 30, has extended the order to September 30 now. The order applies to trading in the Day Ahead market (DAM including Green DAM), RTM, Intra-day, Day Ahead […] Read more
Hindustan Power Exchange Gets CERC Nod For India’s Third Power Trading Exchange Updated On Wed, Jun 29th, 2022 by Saurenergy The start of operations at India’s third power exchange, Hindustan Power Exchange (HPX) looks imminent, with final approval from the regulator, the Central Electricity Regulatory Commission (CERC) on June 27. CERC’s approval was under Regulation 28 of Central Electricity Regulatory Commission (Power Market) Regulations 2021 for approval of the technology to be used by the […] Read more
Sun Cable’s Australia-Asia Project Reaches Investment Ready Milestone Updated On Mon, Jun 27th, 2022 by Saurenergy Australia’s most ambitious trans continental project, the AAPL (Australia-Asia Power Link) project from Sun Cable has reached yet another milestone with categorisation as an investment ready project by the government agency Infrastructure Australia.. The David Griffin led firm has also been backed by Mike Cannon-Brookes’ Grok Ventures and Andrew Forrest’s Squadron Energy, together with a […] Read more
EV Tech Start-up Matter Closes US$ 10 million Round Updated On Fri, Jun 24th, 2022 by Saurenergy Ahmedabad based Matter, a vertically integrated product tech start-up focused on electric mobility and energy storage, has raised an initial US$ 10 million in its latest round of funding. The round drew interest from a diverse set of investors including Capital 2B, a technology fund backed by Infoedge, Climate Angels Fund, and other marquee Indian […] Read more
ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration Updated On Thu, Jun 16th, 2022 by Saurenergy Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […] Read more
Power Crisis, RPO Drives Haryana Regulator to Approve 1100 MW of Renewable Purchases Updated On Wed, Jun 15th, 2022 by Saurenergy The Haryana Electricity Regulatory commission, in two orders within days of each other, has approved total RE purchases of 1100 MW for the state. Driven by both the power crisis being experienced by the state as well as the pending and future RPO obligations, the state regulator did make the Hydro power purchase from NTPC […] Read more
South East Asia Solar Exports To US Might Get A Two Year Free Pass Updated On Mon, Jun 6th, 2022 by Saurenergy In a possible move to keep up the momentum of Solar capacity build out in the US, President Joe Biden is likely to use his executive authority vested in the Presidency to allow for a two year waiver for imports from South East Asia. This follows the exemptions given to Bifacial module imports earlier, which […] Read more
Power Min Proposal For Phasedown of Thermal To Allow for 30 GW of Renewables Could face States Roadblock Updated On Tue, May 31st, 2022 by Saurenergy In its latest initiative to support renewables growth and allow for an orderly exit from thermal power, India’s power ministry has proposed a phasedown of 58,000 million units of thermal generation across 81 thermal power stations spread across the central, state and private sectors. The idea is to allow such a phased reduction to allow […] Read more
Solar Developers, Telangana Discom Dispute Referred Back to State Regulator By APTEL Updated On Mon, May 30th, 2022 by Saurenergy In a dispute involving policy and payments for power injected into the transmission system by Solar power developers in Telangana, APTEL has taken the considered view that the State Power Regulator should reconsider its earlier decision and order on the issue, to ensure clarity in the order and for the long term. Urging the state […] Read more
