Electricity Market at IEX Records All-time High Volume of 8248.52 MU in March 2021 Updated On Wed, Apr 7th, 2021 by Saurenergy The electricity market at IEX achieved an all-time high volume of 8248.52 MU in the month of March 2021 Spurred by the increasing demand for electricity across the various States, the electricity market at Indian Energy Exchange (IEX) achieved an all-time high volume of 8248.52 MU in the month of March 2021 surpassing all the […] Read more
The 12 States Welcoming EV Adoption With Policies To Match: WRI India Updated On Sat, Mar 27th, 2021 by Saurenergy 12 states in India stand out for their electric vehicles (EV) policies which can actually support and nurture an EV transition, according to a recent report launched by the World Resources Institute India (WRI India). According to the report titled, “A review of State Government Policies for Electric Mobility”, a total of 14 states have […] Read more
RERC Yields to Objections, Extends Net-Metering Benefits Till June 30 Updated On Thu, Mar 25th, 2021 by Saurenergy RERC has now announced that all rooftop solar Net-Metering agreements upto June 30, 2021, will be honoured for their contract durations. The Rajasthan Electricity Regulatory Commission (RERC) has announced that after receiving comments and objections from stakeholders on its draft Regulations for Grid-Interactive Distributed Renewable Energy Generating Systems, 2020, it will now work again on […] Read more
SJVN Wins 288 MW Of PTC Wind Assets With ₹2000 Cr Bid Updated On Fri, Mar 12th, 2021 by Saurenergy SJVN, a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh , has won the auction for 288 MW of wind power assets spread across Madhya Pradesh, Karnataka, and Andhra Pradesh, owned by Power Trading Corporation India (PTC Limited). PTC India has been on a mission to exit its wind […] Read more
Renewable Energy Integration is India’s Next Big Challenge: IEEFA Updated On Fri, Mar 5th, 2021 by Saurenergy According to a report from Institute for Energy Economics and Financial Analysis (IEEFA), India already has 93 GW of on-grid variable renewable energy (VRE) capacity as of January 2021. Now, one of the next big challenges for India’s electricity sector is battery storage, green hydrogen, and flexible coal-fired power generation into the electricity grid i.e. […] Read more
Fourth Partner Energy Expands Footprint Ties up With Indonesia’s Indika Energy Updated On Fri, Mar 5th, 2021 by Saurenergy Fourth Partner Energy has partnered with Indika Energy to form JV -EMITS with the aim of accelerating Indonesia’s renewable energy transition. Fourth Partner Energy (FPE), one of India’s leading solar solutions firms has announced a partnership with Indonesia’s energy major, Indika Energy. The joint venture (JV) company Empat Mitra Indika Tenaga Surya (EMITS) is aimed […] Read more
Neoen Completes Financing for 300 MW Victorian Big Battery in Australia Updated On Mon, Mar 1st, 2021 by Saurenergy Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility in Victoria Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility located near Geelong, in Victoria. The project […] Read more
REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
4789 MW RE Capacity Sanctioned Under Component A of KUSUM Scheme Updated On Fri, Feb 12th, 2021 by Saurenergy RK Singh has detailed that under Component-A of the KUSUM scheme 4789 MW of RE capacity has been sanctioned across farms in India, so far. Union Minister for Power and New & Renewable Energy RK Singh has detailed that under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme 4789 MW […] Read more
