IEX May Highlights- Lower Prices, Record Volumes Updated On Wed, Jun 4th, 2025 by Saurenergy Indian Energy Exchange (IEX), India’s largest electricity exchange, achieved monthly electricity traded volume of 10,946 MU in May ’25, marking a 14% increase on year-on-year basis. A total of 17.43 lakh Renewable Energy Certificates were traded during the month, marking a 65% year on year increase. PRICE DROPS In a month that was marked by […] Read more
Kerala May Allow Higher Feed-In Tariff For Prosumers With ESS Updated On Tue, Jun 3rd, 2025 by Saurenergy The Kerala State Electricity Regulatory Commission (KSERC) has proposed higher feed-in tariffs for prosumers who install energy storage systems (ESS) alongside renewable energy (RE) systems, according to its draft “Renewable Energy and Related Matters Regulations, 2025.” The tariffs would apply to energy injected into the grid during peak hours and be determined by the Commission. […] Read more
China Starts 400 MW Offshore Solar, 133 MW Demonstration Base In Same Week Updated On Tue, Jun 3rd, 2025 by Saurenergy In a busy week for China’s turbocharged green energy sector, two critical projects have started supplies to the grid, both a clear indicator of China’s lead in the sector. 400 MW Offshore Solar Plant The first is China’s first pile-mounted offshore photovoltaic power project, developed by China General Nuclear Power Group (CGNN). The 400-megawatt solar […] Read more
APTEL Partly Allows Solar Firm’s Plea In Safeguard Duty Dispute Updated On Tue, Jun 3rd, 2025 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has partially allowed an appeal filed by Adyah Solar Energy Private Limited against the Karnataka Electricity Regulatory Commission (KERC) and various electricity supply companies, including Bangalore Electricity Supply Company Limited (BESCOM). The tribunal’s judgment, delivered on May 30, 2025, settles key disputes related to safeguard duties, integrated GST (IGST), […] Read more
Jindal Stainless, Oyster Joins Hands For 282 MW Hybrid Plant Updated On Tue, Jun 3rd, 2025 by Saurenergy Jindal Stainless has acquired a 33.64% equity stake in Oyster Green Hybrid One Private Limited (OGHO), a special purpose vehicle (SPV) formed in partnership with Oyster Renewable Energy, said the company in a regulatory filing. Oyster Green, the SPV, is engaged in developing and operating renewable energy assets. The SPV is formed to develop a […] Read more
APTEL Orders CESCOM To Pay Azure Sunrise In Tariff Dispute Updated On Mon, Jun 2nd, 2025 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has ordered Chamundeshwari Electricity Supply Corporation Limited (CESCOM) to comply with a 2020 ruling and pay Azure Sunrise Private Limited at the originally agreed tariff rate, following a prolonged legal battle over a solar power contract. In its order dated May 30, 2025, APTEL allowed Execution Petition No. 16 […] Read more
Solar-Plus-ESS Delivers 95% Clean Power Under ₹6/kWh: Report Updated On Mon, Jun 2nd, 2025 by Saurenergy India’s recent energy storage auctions have yielded record-low prices, with unsubsidized standalone battery storage bids at ₹2.8 lakh/MW/month and solar-plus-storage bids ranging from ₹3.1 to ₹3.5/kWh, according to a report by the India Energy and Climate Center (IECC). The report noted that, based on implied solar and storage costs from these bids and bottom-up global […] Read more
PM Surya Ghar: MNRE Invites Proposals For Innovative Projects Updated On Mon, Jun 2nd, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a call for proposals under the “Innovative Projects Component” of the PM Surya Ghar: Muft Bijli Yojana, inviting demonstrations of scalable technologies and business models to accelerate the adoption of rooftop solar (RTS) systems across India. The ministry is seeking pilot projects that showcase innovation […] Read more
APTEL Restores 80MW Wind Power PPA For Wind Energy Firm Updated On Fri, May 30th, 2025 by Saurenergy In a significant ruling for renewable energy developers, the Appellate Tribunal for Electricity (APTEL) has set aside an Andhra Pradesh state regulator’s order that had upheld the termination of a large portion of a wind power agreement in Andhra Pradesh. The tribunal ruled in favour of Guttaseema Wind Energy Company Pvt Ltd, which operates an […] Read more
