IEX Gets CERC Approval For High Price Day Ahead Market (HPDAM) Trading Updated On Fri, Feb 17th, 2023 by Saurenergy In an interesting development that will benefit the high variable cost generators to participate in the power trading market, the Indian Energy Exchange (IEX) has got final approval from the Central Electricity Regulatory Commission (CERC) to introduce trading in High Price Day Ahead Market (HP-DAM) contracts. The move, and approval by the CERC was necessitated […] Read more
Assam Discom Issues Tender for Procurement of 50 MW Solar Power Project Updated On Wed, Feb 15th, 2023 by Saurenergy Assam Power Distribution Company Limited (APDCL) solicits bids for the procurement of 50 MW (AC) solar power from grid-connected ground mounted solar PV project. The project is to established in Borsola Revenue Circle, Dhekiajuli, Sonitpur District of assam on Build-Own-Operate (BOO) mode through tariff based competitive bidding followed by e-reverse auction. The EMD amount is […] Read more
Vast Solar Gets $65 Million Funding from ARENA for Australia’s Concentrated Solar Plant Updated On Tue, Feb 14th, 2023 by Saurenergy The Australian Renewable Energy Agency’s (ARENA) has announced a funding of $65 million to renewable energy developer Vast Solar to help the firm deliver its VS1, the 30 MW/ 288 MWh concentrated solar plant in Port Augusta, South Australia. The funding is expected to create hundreds of jobs and be the catalyst for an Australian […] Read more
Electric CV Distribution and Financing Firm Turno Raises $13.8 m Funding Updated On Fri, Feb 10th, 2023 by Saurenergy Turno, an EV distribution and financing platform firm has announced that it has raised $13.8 million (~ INR 112 crores) in its Series A funding from global investors such as B Capital, Quona Capital, Stellaris Venture Partners and others. The funds will be utilized to expand its Electric Vehicle distribution platform across India and build a complete used battery […] Read more
Inverter Major Solis Gets Key Approvals For Its Latest Hybrid Inverters Updated On Thu, Feb 9th, 2023 by Saurenergy China based Inverter specialist Solis has just won the National First (Set of) Equipment Award for its S6-EH1P(7.6-11.4)K-H hybrid energy storage inverter, making this further proof of the S6 inverter’s quality in technology and innovation. First (set of) equipment refers to the first (set of) or first batch of equipment, system and core components with […] Read more
Enel Adds 5.2 GW Renewables World Over In 2022, 2 GW In North America Only Updated On Wed, Feb 8th, 2023 by Saurenergy North American clean energy firm Enel North America has announced that it has built 1.98 GW of utility-scale wind, solar and battery storage capacity across the US and Canada in 2022 alone. Worldwide, Enel built over 5.2 GW of new renewable capacity over the course of the year. Starting as an Italian utility firm, ENEL […] Read more
DNV Acquires Solar Data Specialist Solcast Updated On Fri, Feb 3rd, 2023 by Saurenergy In a move towards strengthening its solar forecasting services, Norwegian energy risk management company and assurance provider DNV has acquired Australian solar data specialist Solcast. Six-year-old Solcast was founded by metrologists James Luffman and Dr Nick Engerer, providing historical, live as well as forecast data on solar irradiance, wrapped in a modern application user interface […] Read more
EDF Renewables North America To Supply Solar Power To Thermo Fisher Scientific Updated On Fri, Feb 3rd, 2023 by Saurenergy EDF Renewables North America has said that it has executed a 20-year virtual power purchase agreement (VPPA) with Thermo Fisher Scientific – a leader in serving science across the globe. EDF Renewables held that the VPPA covers the full output of the 200-megawatt ac/256 MWdc Millers Branch Solar Project, which is located in Texas. The […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
