Average DAM Price At Rs 4.38/Unit, Down 11% YoY: IEX Updated On Wed, Mar 5th, 2025 by Saurenergy Indian Energy Exchange (IEX) achieved monthly electricity traded volume of 9,622 MU in February ’25, marking a 9% increase year-on-year. A total of 16.37 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 167% year on year increase. According to a government data published in February ’25, the country’s energy consumption reached […] Read more
MSEDCL Has Early Win in 2025 With 100 Day Solar Rooftop target Achieved Updated On Mon, Mar 3rd, 2025 by Saurenergy Maharashtra State Electricity Distribution Company Ltd (MSEDCL), the key Maharashtra discom outside Mumbai, enjoyed a rare renewable win with the achievement of its 100 day target for solar rooftops in Nagpur met in 82 days. The gains were largely the result of the PM Suryaghar rooftop scheme, with more than 1.5 lakh beneficiaries opting for […] Read more
Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL Updated On Fri, Feb 28th, 2025 by Saurenergy India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […] Read more
As Solar Developers In China, India Face June Deadline, Module Supply, Prices To Tighten Updated On Thu, Feb 27th, 2025 by Saurenergy China, which remains the heart of the solar industry worldwide, has finally seen an inching up of module prices in February, bringing some relief to its large solar manufacturers. However, the rise in prices may not be such good news for many markets where tariffs have been imposed on Chinese imports, as it was the […] Read more
India Proposed Renewable Energy Financing Obligation (REFO) Updated On Tue, Feb 25th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now proposed a new intervention to boost the flow of financing to the renewable energy sector in the country. This comes as the demand for faster deployment of renewable energy becomes significant keeping in light India’s target of 500 GW of non-fossil fuel in 2030. Union […] Read more
As Range Anxiety Recedes, Enter Charging Anxiety For EVs In India Updated On Mon, Feb 24th, 2025 by Saurenergy Personal mobility solutions are increasingly about clean, mean electric machines. In India, that means big, bold, and beautiful electric crossover vehicles and SUVs offering the latest in battery tech, safety tech, and comfort tech that promise to go longer and higher on a full charge. As EV Range Improves… More importantly, improving batteries and battery […] Read more
Adani Electricity Tops In Integrated Discom Rankings Updated On Fri, Feb 21st, 2025 by Saurenergy The Regional meeting of Power Sector was held on 20th February 2025 in New Delhi. Union Minister of Power and Housing & Urban Affairs, Manohar Lal chaired the meeting along with Union Minister of State for Power and NRE Shripad Yesso Naik. The meeting was attended by the Union Power Secretary, Additional Chief Secretaries/ Secretaries/ […] Read more
Budget: Rajasthan Promises 150 Units Of Free Power For Solar Users Updated On Wed, Feb 19th, 2025 by Saurenergy Rajasthan government has now promised to provide solar prosumers with free electricity. Today, the state government presented its budget for the next financial year in the state assembly. Deputy Chief Minister Diya Kumari in her budget speech announced the extension of the free power for solar consumers. “By leveraging the PM Surya Ghar Scheme, the […] Read more
MoP Advises REIAs To Co-Locate ESS With Solar Plants In Upcoming Tenders Updated On Wed, Feb 19th, 2025 by Saurenergy The Ministry of Power (MoP) has released an advisory on the co-location of energy storage systems (ESS) with solar plants. Its latest advisory aims to incorporate a minimum of a 2-hour co-located Energy Storage System (ESS) equivalent to 10% of installed solar capacity in future tenders. The notification stated, “This requirement will help mitigate intermittency […] Read more
