2.51 Lacs Renewable Energy Certificates were traded in December at Indian Energy Exchange Updated On Sat, Dec 31st, 2016 by Saurenergy Renewable Energy Certificates are aimed at providing an easier avenue for various entities to meet their green energy obligations. A total of 251,000 Renewable Energy Certificates were traded in the REC trading session held on 28th December, 2016 at Indian Energy Exchange (IEX). The purchase this month has been on account of few utilities such […] Read more
21 Lakh Solar Renewable Energy Certificates remained unsold till the IEX’s August trading session Updated On Fri, Sep 2nd, 2016 by Saurenergy Around 21 lakh solar renewable energy certificates and another 73 lakh non-solar renewable certificates have piled up, remaining unsold till the August trading session of Indian Energy Exchange. It is estimated that only 22K solar certificates and 1.36 lakh non-solar certificates were sold in the session. Solar certificates were sold at Rs. 3500 per certificates […] Read more
IEX June Highlights – Renewables Rise, Prices Fall Updated On Fri, Jul 4th, 2025 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved a monthly electricity traded volume of 10,852 MU in June ’25, marking a 6.5 percent increase on a year-on-year basis. A total of 32.32 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 636 percent year on year increase. For the first quarter […] Read more
Nexwell Acquires 248 MWp Solar Assets from Q Energy Updated On Fri, Jun 20th, 2025 by Saurenergy Nexwell Power, a Renewable energy investment platform, has acquired a 248 MWp solar portfolio from Q Energy, a spanish energy service provider and an affiliate of Berlin- based Hanwha Group. The portfolio includes a total of seven solar plants across Andalusia and Aragon, the regions in Spain. Out of these seven, four are under construction […] Read more
DEWA Grants 51 Solar Certificates to Boost Industrial Adoption Updated On Thu, Jun 19th, 2025 by Saurenergy Dubai Electricity and Water Authority (DEWA) has granted 51 ‘D33 Industry Friendly Power Certificates’ to 24 companies across the emirate since launching the initiative, aimed at accelerating solar energy adoption in the industrial and technology sectors. The initiative allows eligible industrial firms, agri-tech enterprises, and data centres to install photovoltaic (PV) solar systems on-site for […] Read more
UPERC Proposes Tighter Norms For Banking Renewable Energy Updated On Tue, May 13th, 2025 by Saurenergy In a significant shift likely to impact investment decisions in Uttar Pradesh’s energy sector, the Uttar Pradesh Electricity Regulatory Commission (UPERC) has proposed sweeping changes to the banking provisions for captive and renewable energy projects under its Draft (Captive and Renewable Energy Generating Plants) Regulations, 2024. The new draft regulation, which will replace the 2019 […] Read more
Wind Energy: MNRE Amends RLMM Norms To Boost Local Business Updated On Mon, Apr 21st, 2025 by Saurenergy India’s Ministry of New and Renewable Energy (MNRE) has proposed revisions to the Revised List of Models and Manufacturers (RLMM) for the wind energy industry, with a focus on boosting domestic manufacturing and strengthening data privacy. MNRE’s RLMM enlists Indian and global wind turbine manufacturers, operational in the Indian wind energy market. In its latest […] Read more
Covestro Sources Renewable Energy From 90 MW Ørsted Project Updated On Wed, Feb 19th, 2025 by Saurenergy Covestro, a polymer materials supplier, has four US sites that have reached net-zero Scope 2 electricity emissions through the allocation of Renewable Energy Certificates (RECs). This achievement is a result of Covestro’s existing virtual Power Purchase Agreement (PPA) with Ørsted. Under this agreement, Denmark-based Ørsted provides Covestro with 90 MW of renewable energy capacity, reducing […] Read more
SaurEnergy Explains: Understanding Carbon Offsets, Carbon Credits, and RECs Updated On Tue, Jan 7th, 2025 by Saurenergy While carbon credits, carbon offsets, and RECs all serve as tools to address environmental impact, they operate differently within the sustainability landscape. Understanding the distinctions between carbon offsets, carbon credits, and renewable energy certificates (RECs) is essential for grasping how organizations strive to mitigate their environmental impact. Knowledge of these distinctions also helps organizations and […] Read more
