Australian JV to Build Country’s Largest Privately Funded Battery Updated On Thu, Dec 2nd, 2021 by Saurenergy Engie, Macquarie’s Green Investment Group (GIG), and Fluence have partnered to deliver Australia’s largest privately-funded and owned utility-scale battery. The project will connect to existing network infrastructure to support the transition to renewable energy at the site of the former Hazelwood Power Station in the Latrobe Valley. Providing 150 MW/150 MWh of flexible energy, the […] Read more
India’s Solar Path-The Firms, Individuals and Organisations That Will Matter Updated On Wed, Dec 1st, 2021 by Saurenergy 2021 has marked a return to bump up in capacity addition in solar, after the last peak in 2017-18 when the country added close to 9.5 GW taking solar to the top among all energy options for capacity added. With this year likely to see over 11 GW of fresh capacity addition, it says something […] Read more
Ohmium Ships Its First “Made in India” Hydrogen Electrolyzer Unit To The US Updated On Wed, Nov 24th, 2021 by Saurenergy US firm Ohmium International, through its Bengaluru based Indian subsidiary enArka India Private Limited, has shipped its first unit of electrolyzer from India to the United States, as a first step towards establishing India as a global hub for green hydrogen generation. The electrolyzer has been manufactured by Ohmium at its Bengaluru plant, India’s first […] Read more
Strong Underlying Demand To Support Solar PLI Scheme Expansion to Rs 24,000 Crore Updated On Mon, Nov 15th, 2021 by Saurenergy Power and MNRE Minister R.K Singh has informed a news agency that the government is planning to enhance funding under the production linked incentive (PLI) scheme for the domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting power. The move follows the strong […] Read more
November ALMM List. Total Mfg Capacity of 10.8 GW, Vikram Solar Adds 972 MW Updated On Fri, Nov 12th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released it’s latest updation to the ALMM (Approved List of Module Manufacturers) list and the list continues to grow over the previous release in October. Making an entry with its new Tamil Nadu manufacturing facility is Vikram Solar, with an approved capacity of 972 MW for […] Read more
Key APTEL Order Overturns CERC On REC Pricing Updated On Thu, Nov 11th, 2021 by Saurenergy In an order that will have a major impact on the return of REC trading and pricing, the Appellate Tribunal For Electricity (APTEL) has set aside the order of the Central Electricity Regulatory Commission (CERC) with regards to pricing of REC’s. The root of the issue was the decision by CERC to set the floor […] Read more
IOC, BPCL, HPCL Target 22,000 EV Charging Stations In 5 Years Updated On Wed, Nov 10th, 2021 by Saurenergy Indian Oil Corporation (IOC) and two other public sector oil firms will install 22,000 electric vehicle (EV) charging stations over the next 3-5 years to support the nation’s target to reduce its carbon intensity and reach net zero emissions by 2070. IOC, the country’s largest state-controlled refiner by capacity, will set up EV charging facilities […] Read more
India, UK unveil 1st global initiative for interconnected solar grids at COP26 Updated On Wed, Nov 3rd, 2021 by Saurenergy Indian Prime Minister Narendra Modi and UK Prime Minister Boris Johnson jointly launched a new flagship international initiative yesterday, at the COP26 World Leaders Summit, backed by over 80 countries, to dramatically accelerate the global transition to clean powered world. The International Solar Alliance (ISA), India Presidency of the ISA, and the UK COP Presidency […] Read more
Green Market Achieves 372.4 MU In Oct Volumes on IEX, As Power Trading Grows 36% YOY Updated On Wed, Nov 3rd, 2021 by Saurenergy In October’21 the electricity market at the Indian Energy Exchange traded 9165 MU volume with 8792 MU in power market and 373 MU in green market, achieving 36% YoY growth, according to a release from IEX. (Indian Energy Exchange). After the mini-power crisis of September, the month also saw a temperance in trading prices, for […] Read more
