IEX Power Market Update For November Updated On Mon, Dec 5th, 2022 by Saurenergy The Indian Energy Exchange, India’s premier energy exchange, achieved 7764 MU total volume traded in November 2022, including Green Power trade of 354 MU, and 3.72 lac RECs (equivalent to 372 MU). The total electricity volume traded on the Exchange in November’22 was 7392 MU, an increase of 9% on YoY. However, the overall volume […] Read more
Shell & Hexicon JV Names Vestas for Large Scale Floating Wind Project Updated On Fri, Dec 2nd, 2022 by Saurenergy A joint venture between Shell and Hexicon AB called MunmuBaram has chosen Vestas as its turbine supplier for a project. The said project is a floating offshore wind project in South Korea and boasts of 1.3 GW. Hexicon AB develops floating offshore wind farms and designs dual turbine floating wind power platforms while Shell is […] Read more
Amazon Debuts Hybrid Projects Globally with 300 MW in Madhya Pradesh & Karnataka Updated On Fri, Dec 2nd, 2022 by Saurenergy In Madhya Pradesh and Karnataka, Amazon India is set to establish 300 MW hybrid project (wind-solar). The projects would be established alongside Vibrant Energy, a subsidiary of a portfolio business of Macquarie’s Green Investment Group (GIG). Amazon said in a statement that this is one of the “biggest wind-solar hybrid corporate power purchase agreements (PPA) […] Read more
India’s L&T & Japan’s SMBC Conclude $107 Mn Sustainability Linked Loan Updated On Fri, Dec 2nd, 2022 by Saurenergy A Japanese multinational banking and financial services institution, Sumitomo Mitsui Banking Corporation (SMBC), and India’s multinational conglomerate company Larsen & Toubro Limited (L&T) recently successfully finalised a three-year, $107 million sustainability-linked loan. SMBC was the sustainability coordinator and lender. In a statement, L&T noted that its continuous dedication to its environmental, social, and governance (ESG) […] Read more
CCPI Report: “Background and Methodology” Updated On Wed, Nov 30th, 2022 by Saurenergy A study entitled “Background and Methodology” has been released by CCPI (Climate Change Performance Index). Understanding national and international climate policy is challenging since there are so many nations that need to be considered, and each has different baseline stances and interests. Germanwatch created the Climate Change Performance Index to encourage efforts toward an effective […] Read more
FIMER’s EV Charger Now Compatible With Noodoe’s EV Charging CMS Updated On Tue, Nov 29th, 2022 by Saurenergy The Italian solar inverter maker FIMER’s FLEXA AC Wallbox EV charger and Noodoe EV, a provider of EV charging stations, has completed integration testing of Noodoe EV’s charger management software (CMS). Because of their presence in North America, Europe, Australia, Asia, and the Middle East, EV charging operators and business owners can easily set up […] Read more
Glass Maker Saint Gobain Strikes RE Deal For Operations in Spain Updated On Tue, Nov 29th, 2022 by Saurenergy Worldwide light and sustainable construction giant Saint-Gobain has announced that the company has signed a Power Purchase Agreement (PPA) with Endesa in Spain for the supply of clean energy. Endesa is the top energy supplier in Spain. The official statement of Saint-Gobain held that the 11-year agreement will start in 2024 and will cover around […] Read more
As Solar Spreads Out, Marketing Makes an Entrance Updated On Tue, Nov 29th, 2022 by Saurenergy Just over 30 months ago, SaurEnergy did a feature on rooftop solar, “Residential Solar. Market Yes, But Marketing?” That story, in our April 2020 issue talked about the potential in the rooftop solar category, albeit, residential. But there was almost complete lack of formal marketing tactics from firms to attract customers. The few firms with […] Read more
HCG Hospital Chain Installs 2.25 MW Solar Power Plant Updated On Mon, Nov 28th, 2022 by Saurenergy Hospitals in India have been recognising the many advantages of installing solar panels, such as curbing electricity bills since healthcare is an energy intensive industry. Among the most recent hospitals to take the solar route is Healthcare Global Enterprises Ltd (HCG), which is among the largest cancer care hospital chains in India. In a bid […] Read more
