Invenergy, Others Ready 104 MW New York Wind Farm Updated On Mon, May 8th, 2023 by Saurenergy Renewable energy developer Invenergy and Clean Path NY partners, energyRe and the New York Power Authority (NYPA), have completed a 103.9-MW Number Three Wind Energy Center marking the first Clean Path NY renewable generation asset to reach operation. The wind farm has been developed and constructed by Invenergy. Its one of more than 20 new […] Read more
Green Energy Trading Continues Fall on IEX In February Updated On Mon, Mar 6th, 2023 by Saurenergy In its February power trading release, the Indian Energy Exchange (IEX) has disclosed that it enabled trading for 341 million units (MU) of renewable energy in February 2023, a 2% decrease month-over-month (MoM) (347 MU) over the previous month and a 25% year-over-year (YoY) decrease. The average daily trading volume on the exchange increased by 5% […] Read more
Newcastle Airport Strives for 100% Renewable Energy Through PPA with Flow Power Updated On Mon, Feb 27th, 2023 by Saurenergy Newcastle Airport, which is located in New South Wales, has set its sights on achieving sustainability. Towards this goal, it has entered into an agreement for 100% renewable energy with energy retailer Flow Power. “Newcastle Airport is expanding to deliver growth to the Hunter region, and sustainability is key to everything we do,” maintained Newcastle […] 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
Energy Conservation Amendment Bill Passed By RS, Active Carbon Markets A Step Closer Updated On Tue, Dec 13th, 2022 by Saurenergy The Energy Conservation (Amendment) Bill has finally been passed by the Rajya Sabha after introduction by MNRE Minister R K Singh. The Bill that was passed in August 2022 in the Lok Sabha, seeks to amend the Electricity Conservation Act 2001. The new law paves the way for amendments such as issuing carbon saving certificates […] Read more
Costs Related to REC Certificates Hiked 2x to 10X By CERC Updated On Tue, Dec 13th, 2022 by Saurenergy In an order dated Dec 9, the Central Electricity Regulatory Commission has accepted the demand of the National Load Despatch Centre (NLDC), the designated entity for registration and issuance of REC (Renewable Energy Certificates) to increase charges linked to the certificates. NLDC had submitted that it was losing money in the whole process, and consequently, […] Read more
Nexus Energy Partners with Green-e to Offer Certified Renewable Energy Option Updated On Wed, Dec 7th, 2022 by Saurenergy North America based power marketing firm Nexus Energy has announced that it is enhancing its sustainability-focused product offerings to include the Nexus Renewable Energy Certificate (REC) program, certified by the non-profit Center for Resource Solutions’ Green-e Energy program which is a global leader in clean energy certification. Alvin Tang, CEO, Nexus Energy, said, “Nexus Energy […] Read more
The Top 5: Why Data Centres Are A Favourite To Shift To Renewable Energy Updated On Tue, Nov 29th, 2022 by Saurenergy Whenever you use the internet, you’re connecting to one of the millions of servers distributed across hundreds of data centres located worldwide. Yes, these are the ‘cloud’ servers every digital user today is familiar with. While they are crucial for tech giants, people may not realise that these centres, with their extensive security requirements, and […] Read more
Chicago Sets Sights On Acquiring 100% Renewable Energy By 2025 Updated On Wed, Aug 10th, 2022 by Saurenergy The city of Chicago in the USA has committed to acquiring 100% renewable energy by 2025 for use in all city facilities and activities, and as the first step in that process, has reached an agreement with electricity provider Constellation for the purchase of renewable energy. A 593MW solar PV plant will be built by […] Read more
