IEX December Power Trading Update Updated On Thu, Jan 5th, 2023 by Saurenergy India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […] Read more
SECI Issues RFS for Vendors for Off-Grid Solar Pumping Systems with 1-10 HP Updated On Wed, Jan 4th, 2023 by Saurenergy Solar Energy Corporation of India (SECI), a Central Public Sector Undertaking dedicated to the solar energy sector, has issued an RFS for selection of vendors under Component-B of PM-KUSUM Scheme of MNRE. This particular component looks at “installation of 20 lakh standalone solar powered agriculture pumps” and “CFA of 30% of the benchmark cost or […] Read more
Mercedes-Benz Energy & Lohum Partner for 50 MWh of Second Use Li-ion Battery Modules Updated On Wed, Jan 4th, 2023 by Saurenergy Mercedes-Benz Energy and Lohum have entered into a strategic partnership for second-life batteries. The agreement is a multi-year supply contract agreement, under which Mercedes-Benz Energy and Lohum have committed to a minimum offtake schedule of 50 MWh per annum across multiple second life module variants. Lohum is Mercedes-Benz Energy’s first partner in Asia. The agreement […] Read more
Hitachi Energy To Build Electrical System For 1.4GW Offshore Wind Project of Equinor Updated On Wed, Jan 4th, 2023 by Saurenergy Norway based Equinor ASA has awarded a contract to Switzerland based Hitachi Energy that will build electrical systems infrastructure for two of the largest offshore wind energy projects in Poland- MFW Baltyk II and MFW Baltyk III wind farms. The two wind farms are being developed in the Baltic Sea area and lie 27 km […] Read more
Exicom to Supply 5L Battery Management Systems to Hero Electric Updated On Wed, Jan 4th, 2023 by Saurenergy An agreement has been inked between Exicom and Hero Electric under which the former will sell its battery management system (BMS) to the latter. Exicom is a manufacturer of electric vehicle charger and lithium-ion battery while Hero Electric is a leading EV maker in India. As per the terms of the agreement, Hero Electric is […] Read more
Ola Electric Leads In December 2022 Too, As Electric 2 Wheeler Sales Top 6 Lac For 2022 Updated On Wed, Jan 4th, 2023 by Saurenergy Ola Electric claims to have sold 25,000 units of electric scooters in December 2022. This figure includes undelivered units, so actual numbers are closer to a still creditable 17,000 plus, out of industry wide sales of 64,000 units. Ola Electric CEO Bhavish Aggarwal said in a blog post that his company has sold nearly 1.5 […] Read more
Log9 Materials & 3eco Forge Partnership for 2,000 InstaCharged EVs Updated On Wed, Jan 4th, 2023 by Saurenergy Three Wheeler EV fleet operator 3eco Systems and advanced battery-tech and deep-tech startup Log9 Materials have forged a strategic partnership for the deployment of Shakti 8 Cargo (S8Ci). The partnership will pave the way for the deployment of over 2,000 InstaCharged heavy duty EVs across India in the span of the the next 18 months. […] Read more
Amendments in Electricity Rules Add Clarity On Energy Storage, Open Access Charges Updated On Wed, Jan 4th, 2023 by Saurenergy In a notification on changes to the Electricity Rules for Consumers, the government has sought to add a level of clarity on charges payable by consumers, as well as the status of energy storage systems. Limit To Open Access Charges The notification starts off by establishing a limit of 20% of the cost of supply […] Read more
Southeast Asia’s RE Firm ACEN to Add 700 MW Solar & Wind Energy in 2023 Updated On Wed, Jan 4th, 2023 by Saurenergy Just as the Philippines is aiming to raise the share of renewable energy in the country’s energy mix to 35% by the end of this decade and 50% by 2040, its renewable energy conglomerate ACEN Corporation is looking to operationalise 700 MW of solar and wind energy projects in 2023. ACEN is the energy platform […] Read more
