CERC Approves PXIL’s Plan To Introduce High Price Day-Ahead Market (HP-DAM) Updated On Tue, Apr 11th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its order on a petition filed by the Power Exchange India Limited (PXIL) on Tuesday, approved its demand for the introduction of the High Price Day Ahead Market (HP-DAM). PXIL had earlier sought approval from the CERC to introduce the HP-DAM on PXIL’s PRATYAY Platform. CERC first heard […] Read more
Octopus Energy Enters Asian Market With 250 MW Solar Push in Japan Updated On Wed, Apr 5th, 2023 by Saurenergy London headquartered renewable player Octopus Energy has entered the Asian market. The generation arm Octopus Energy that manages £6bn green energy assets globally has announced its investment in Yotsuya Capital, an innovative solar developer in Japan, with the aim to accelerate Japan’s energy transition. Octopus Energy said that it already has projects in the pipeline […] Read more
Trina Solar and Al-Raebi Ink 500 MW Agreement for Yemen Market Updated On Tue, Mar 21st, 2023 by Saurenergy Chinese photovoltaics firm Trina Solar has signed a five-year agreement with Al-Raebi for Trading (Al-Raebi). The partnership will facilitate 500 MW of module shipments for the Yemeni market. Trina Solar will supply Al-Raebi with 100 MW of its n-type i-TOPCon cell technology modules this year. The five-year agreement will cater to the country’s increasing energy […] Read more
China-Based Gotion to Foray into Japanese Market Following Agreement with Edison Power Updated On Mon, Mar 20th, 2023 by Saurenergy China-based manufacturer of lithium-ion power batteries Gotion High-tech has joined hands with Edison Power Co., a renewable energy and energy storage developer, for the development of large storage battery and recycling market in Japan. This partnership will also mark the entry of Gotion into Japan. Gotion High-tech will be responsible for the supply of cells, […] Read more
Global Solar Developer Lightsource BP Marks Entry into German Market Updated On Wed, Mar 15th, 2023 by Saurenergy Global solar developer Lightsource BP has put a new local team in place in Berlin. With this, the solar developer has forayed into the German market. With its entry into Germany, the firm has expanded its European presence to ten countries. Germany has set itself the ambition of 215 GW of solar by 2030. Currently, […] Read more
IEX Gets CERC Approval For High Price Day Ahead Market (HPDAM) Trading Updated On Fri, Feb 17th, 2023 by Saurenergy In an interesting development that will benefit the high variable cost generators to participate in the power trading market, the Indian Energy Exchange (IEX) has got final approval from the Central Electricity Regulatory Commission (CERC) to introduce trading in High Price Day Ahead Market (HP-DAM) contracts. The move, and approval by the CERC was necessitated […] Read more
D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification Updated On Fri, Feb 10th, 2023 by Saurenergy D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […] Read more
IEX Power Market Update for Jan ’23: IEX Clocks In Fiscal’s Highest Monthly Vol of 8639 MU Updated On Tue, Feb 7th, 2023 by Saurenergy The Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8639 MU cumulative volume in January 2023. This is inclusive of Green Power trade worth 347 MU, and 3.95 lac RECs (equivalent to 395 MU). IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and […] Read more
USA’s Utility-Scale Renewables Generated More Electricity Than Coal On 169 Days Updated On Thu, Jan 19th, 2023 by Saurenergy As per a report by Institute for energy Economics and Financial Analysis, USA’s clean energy transition received major impetus in 2022. The report highlights that the US clean energy transition is witnessing an upward trend and has made major progress since 2019. The report has highlighted three major trends in renewables for US electricity generation. […] Read more
