Power Market Update- REC Market Records All-Time Low Price In April Updated On Thu, May 2nd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange achieved 9,044 MU overall volume, in April’24, marking a 14.1% year-over-year increase. The renewable energy certificates (REC) at 618 MU, increased 211% YoY. At Rs. 204 per certificate, the REC market recorded an all-time low price in the trading session held on 24th April 2024. The REC […] Read more
EU’s Shift To BTM Batteries To Meet Energy Demand: EMBER Updated On Wed, May 1st, 2024 by Saurenergy EMBER in its recent report identified that installed battery capacity in the EU doubled to 16 GW in 2023, with a significant concentration in countries like France, Ireland, and Germany. Behind-the-meter (BTM) batteries constitute a substantial portion of this capacity, with countries like Spain and the Netherlands expected to follow suit due to high renewables […] Read more
April 26 -Investors Book Profits In Some Green Energy Stocks, Rest Steady Updated On Fri, Apr 26th, 2024 by Saurenergy On a mixed day for our green energy pack, the law of averages, or performance, finally caught up with KPI Green Energy, which, despite a strong set of results in Q4, was locked at the lower circuit. It was the same story for Waaree Renewable Technoligies, where perhaps, fear of running too far ahead of […] Read more
Grew Energy’s 200 MW Module Contract From SECI To Support Market Building Updated On Thu, Apr 25th, 2024 by Saurenergy Grew Energy has scored in the Solar Energy Corporation of India’s (SECI) auction, clinching the largest share of a 200 MW module supply contract. According to a press release by Grew Energy, the company’s mandate entails the testing, packaging, forwarding, supplying, and transporting of solar PV modules. Grew Energy has been domestically manufacturing solar cells […] Read more
Powered By Solar Demand, The Silver Institute Makes Case For Faster Silver Price Growth Updated On Wed, Apr 24th, 2024 by Saurenergy US based The Silver Institute, in its annual report on the Silver market, has made the case for a faster rise in Silver prices, arguing that not only is the metal a high beta version of gold, but market conditions are also converging to drive up prices further. Chief among these is demand from solar […] Read more
Order Wins, Strong Results Propel Green Energy Stocks on April 22 Updated On Mon, Apr 22nd, 2024 by Saurenergy The renewable bandwagon continues on its merry way, with just two out of the 11 stocks in our basket, ironically enough, the largest firms by revenues failing to rise along with the market today. Whole Tata Power and JSW Energy missed out, for KPI Green Energy, Shakti Pumps, Inox Wind Energy and Waaree Renewable, a […] Read more
5 Ways The World Will Change As Renewable Energy Gains Share Updated On Mon, Apr 22nd, 2024 by Saurenergy Sometimes, it’s good to see a little further into the future than just the next few months, or even a year. At SaurEnergy, with the privilege we have in terms of access to and feedback from so many experts, it is clear that change is afoot. While those impatient for much more will probably disagree, […] Read more
Statkraft To Provide Wind, Hydro Energy To German Railway Company Updated On Fri, Apr 19th, 2024 by Saurenergy Statkraft will supply green electricity from hydropower directly to Deutsche Bahn from its two run-of-river power plants in Langwedel and Landesbergen in Lower Saxony, Germany from 2027 to the end of 2034. Over the 8-year contract term, the Norwegian energy company will supply a total of just over 350,000 MWh of green electricity as a […] Read more
Charging Firms, Energy Companies To Create UPI-Like Network for EV Charging Updated On Fri, Apr 19th, 2024 by Saurenergy Twenty Energy companies have come together to create an Alliance for an open energy network called the Unified Energy Interface (UEI). This UPI-like system is aimed at facilitating seamless payment and transaction interoperability within EV charging networks. The Alliance includes member companies like ChargeZone, Pulse Energy, Kazam, Sheru, Trinity, Turbo, etc. Leading public policy think […] Read more
