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
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
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
GE Secures 2nd Wind Farm Project in Binh Thuan Province of Vietnam Updated On Wed, Mar 24th, 2021 by Saurenergy GE Renewable Energy announced that it has been awarded a contract by Vietnam Join-Stock Construction Electricity Corporation (VNECO) to supply a total of eight of GE’s 3.8-137 MW wind turbines to support construction of the Thuan Nhien Phong (TNP) wind farm in Binh Thuan province, in the South-Central Coastal region of Vietnam. The contract also provides a […] Read more
970 Government Funded Public EV Charging Station Installed in India so far Updated On Wed, Mar 24th, 2021 by Saurenergy Answering questions on progress made by Power Ministry in establishing the EV charging stations in India, RK Singh has detailed the initiatives of the Power Ministry and that 970 public stations have been installed so far. Answering a question raised in the Rajya Sabha on the progress made by government-backed agencies in establishing the Electric […] Read more
Loans Worth Rs 1.35 Lakh Cr Sanctioned, Rs 46,321 Cr Released to Discoms: RK Singh Updated On Wed, Mar 24th, 2021 by Saurenergy RK Singh has said that so far, loans worth Rs 1.35 lakh cr have been sanctioned and Rs 46,321 cr has been released to Discoms Union Minister for Power and New & Renewable Energy RK Singh has said that so far, loans of Rs 1.35,497 crore (Rs 1.35 lakh crore) have been sanctioned and that […] Read more
Total Solarizes L’Oréal’s First Industrial Site in France Updated On Tue, Mar 23rd, 2021 by Saurenergy Total, through its affiliate Total Quadran, one of the leading renewables players in France, announces the commissioning of the solarization project at L’Oréal’s Vichy production plant. The project consists of photovoltaic parking lot awnings and charge points for electric vehicles. The renewable electricity produced will cover 33% of the plant’s energy needs, from almost 4,000 […] Read more
India Needs to Generate 83% Electricity From RE to Achieve Net-Zero Emissions by 2050: CEEW Updated On Mon, Mar 22nd, 2021 by Saurenergy India would need to generate at least 83% of its electricity from renewable sources by 2050, if it is to achieve net-zero emissions, according to a new study by CEEW India would need to generate at least 83 percent of its electricity from (non-hydropower) renewable energy sources by 2050, if it were to commit to […] Read more
MYTILINEOS is Extending its Global Partnership with Huawei Updated On Mon, Mar 22nd, 2021 by Saurenergy Following the successful cooperation with the Renewables and Storage Development (RSD) Business Unit of MYTILINEOS (METKA EGN) in Greece, Huawei extends its business partnership with MYTILINEOS globally, signing a memorandum of cooperation regarding the supply of innovative and reliable Huawei string inverters, for PV plants including but not limited to the UK, Uzbekistan, Spain and […] Read more
