PXIL Launches Green Term Ahead Market (GTAM) Updated On Fri, Mar 26th, 2021 by Saurenergy Power exchange India Limited (PXIL), the energy trading market promoted by NSE & NCDEX has launched the Green-Term Ahead Market (GTAM) on its transaction platform on 24th March 2021. The development took place after receiving approval from the Central Electricity Regulatory Commission (CERC) on March 19, 2021. To familiarize the market participants about the product and […] Read more
Tata Power-DDL to Set Up Battery Swap Points, Partners with SUN Mobility Updated On Thu, Mar 25th, 2021 by Saurenergy Tata Power-DDL, India’s leading power distribution utility in Delhi, has announced that it will be setting up a network of Battery Swap Points across North and North-West Delhi under its partnership with SUN Mobility, an energy mobility solutions provider. In collaboration with Tata Power-DDL, a joint venture of Tata Power and Govt. of NCT of […] Read more
Ministry of Power : Discoms Can Continue Or Leave PPA After Term Completion Updated On Thu, Mar 25th, 2021 by Saurenergy The Ministry of Power has issued a letter enabling the Discoms to either continue or exit from the PPA (Power Purchase agreement) after completion of the term of the PPA i.e. beyond 25 years or a period specified in the PPA and allow flexibility to the Generators to sell power in any mode after State/Discom […] Read more
The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
Rapido To Launch ‘Rapido EV’ E-bike Taxi Services, Partners with Zypp Electric Updated On Thu, Mar 25th, 2021 by Saurenergy Rapido, one of India’s first and fastest-growing Bike taxi apps has announced that it is going to launch an electric bike (e-bike) taxi service, under a partnership with Zypp Electric, a last-mile delivery provider. The new E-taxi will be called ‘Rapido EV’, which will be starting from March 2021 in Delhi and the National Capital […] Read more
RERC Yields to Objections, Extends Net-Metering Benefits Till June 30 Updated On Thu, Mar 25th, 2021 by Saurenergy RERC has now announced that all rooftop solar Net-Metering agreements upto June 30, 2021, will be honoured for their contract durations. The Rajasthan Electricity Regulatory Commission (RERC) has announced that after receiving comments and objections from stakeholders on its draft Regulations for Grid-Interactive Distributed Renewable Energy Generating Systems, 2020, it will now work again on […] Read more
Key Downside Risk in the Wake of BCD Announcement is Delays in Signing of PPAs/PSAs: ICRA Updated On Thu, Mar 25th, 2021 by Saurenergy Given the expected increase in solar tariffs amid the imposition of BCD, the delays in the signing of PPAs/PSAs is a key downside risk in the near term ICRA Ratings has said that policy support and tariff competitiveness factors are likely to continue driving investments in the renewable energy (RE) sector. However, on the flip […] Read more
AGL Announces Construction of Grid-Scale Battery, Takes FID on 250 MW Project Updated On Thu, Mar 25th, 2021 by Saurenergy Australia based integrated essential service provider AGL energy has announced that the construction of a 250 megawatt (MW), one-hour duration grid-scale battery at Torrens Island will begin this year, following AGL’s final investment decision (FID) on the project. South Australia is leading the way in the rollout of AGL’s 850 MW network of grid-scale batteries […] Read more
Blue Bird Delivers 1st-Ever Commercial Application of Vehicle-to-Grid Tech in Electric School Bus Partnership with 2 School Districts Updated On Wed, Mar 24th, 2021 by Saurenergy Pekin Public School District and Hollis Consolidated School District Deploy the First-Operational DC Fast Charge Vehicle-to-Grid (V2G) Application With the Ability to Generate Revenue for the School District and Providing Zero-Emissions School Bus Transportation. At a press event held at the Pekin Transportation Department, school bus industry leader Blue Bird Corporation delivered the first operational […] Read more
