PXIL to Launch Real Time Market for Electricity Transactions From June 1 Updated On Fri, May 29th, 2020 by Saurenergy PXIL is launching a real time market which will enable buyers & sellers to purchase/ sell electricity from anywhere in the country with just 1 hours notice The Power Exchange India Ltd (PXIL) has said it will be launching a real-time market for electricity transactions from June 1, 2020. The Real Time Market (RTM) provided […] Read more
Power Producers Seek Payment of Rightful Dues to IPPs from MP Govt Updated On Thu, May 28th, 2020 by Saurenergy The Association of Power Producers (APP) in a written letter has urged Power Minister RK Singh to advise Madhya Pradesh (MP) government to again consider its decision of denying payment of rightful dues of independent power producers (IPPs). According to the letter, quoted PTI, “on behalf of independent power producers (IPPs), we request your intervention […] Read more
Third Straight day of Hike, Power Demand in Delhi Surges to 5464 MW Updated On Thu, May 28th, 2020 by Saurenergy Peak power demand in the Delhi surged to 5,464 MW on Tuesday (May 26, 2020) night, the highest in the season so far, power Discom BSES has said. With the ongoing heatwave and the temperature soaring every passing day, peak power demand in the Delhi surged to 5,464 MW on Tuesday (May 26, 2020) night, […] Read more
R.K. Singh: The 5 Point Checklist for 2020 Updated On Wed, May 27th, 2020 by Saurenergy Union Power Minister R.K. Singh will complete 3 years of his association with the Power Ministry on September 3 this year. 2020 could be the year that defines his tenure. Ever since his appointment as the Minister of Power (Independent Charge) in Prime Minister Narendra Modi’s cabinet, he has found himself in the idle of […] Read more
Ola Electric Acquires Amsterdam-Based Etergo; Aims to Launch e-Scooter in 2021 Updated On Wed, May 27th, 2020 by Saurenergy Indian ride-hailing firm Ola’s e-mobility arm, Ola Electric, on Wednesday said that it has acquired Amsterdam-based Etergo BV, an innovative electric scooter original equipment manufacturer (OEM). However, the company didn’t disclose the amount of acquisition. With this acquisition, the company has also announced its foray into the premium electric two-wheeler market, both globally and nationally. […] Read more
Tata Power’s Renewable Portfolio Grows 7% to 3,883 MW in Q4 FY20 Updated On Wed, May 27th, 2020 by Saurenergy Utility giant Tata Power on Wednesday reported a 7 percent surge in its renewable energy portfolio, which includes clean and green energy projects, and stood at 3,883 MW from the corresponding quarter in FY19. The country’s one of the largest integrated power company said that it’s renewable energy business capacity crossed 2,637 MW including 932 […] Read more
The Project Behind Sterling and Wilson Solars AUD 615 Million Win Updated On Wed, May 27th, 2020 by Saurenergy Last Week, Sterling and Wilson Solar (SWSL) announced its biggest, and second major contract in the Australia market, when it announced am AUD 615 million dollar win for an EPC and O&M contract in the country. While the firm didnot disclose the name of the project, it is becoming increasingly apparent that the project is […] Read more
AAI Urges CERC for Price Correction in RE Certificates to Avoid Industry Burden Updated On Tue, May 26th, 2020 by Saurenergy The Aluminium Association of India (AAI) has urged power sector regulator Central Electricity Regulatory Commission (CERC) for price correction in the Renewable Energy Certificates (RECs) in order to avoid the unnecessary burden on the industry. AAI requested to immediately look into the skewed market of REC which, according to it, is resulting in artificial demand and price […] Read more
Engie in Final Talks with Hawaiian Electric for Solar plus Storage Project Updated On Mon, May 25th, 2020 by Saurenergy French multinational electric utility Engie said that its project has been selected by the US-based Hawaiian Electric as one of the 16 in the final award group for the stage 2 variable renewable dispatchable generation and energy storage projects. Further, the proposed project, a 60 MWAC solar energy + 240 MWh of the battery storage […] Read more