HPX crosses 5 Billion Units Of Trade In 11 Months Post Launch Updated On Thu, Jun 15th, 2023 by Saurenergy India’s third power exchange, Hindustan Power Exchange Ltd. (HPX), has successfully crossed the milestone of 5 Billion Units of power traded within 11 months of its launch. HPX was able to cross this landmark with a rapid increase in trade volume across Contingency and Long Duration Contracts (LDC) segments. The strong growth in members/client base […] Read more
DNV Survey Puts Solar plus Storage At Centre OF Future Efficiency, Resilience Updated On Thu, Jun 15th, 2023 by Saurenergy Accelerating solar-plus-storage in the next five years will be important for boosting the efficiency and resilience of global energy networks, according to 92% of energy industry professionals. The finding is from DNV’s Industry Insights research, which surveyed global energy industry professionals on their outlook, expectations and priorities for the year ahead. Frequently referred to as the ‘power […] Read more
Southeast Asian Power Market On A Liberalisation Spree: Report Updated On Thu, Jun 15th, 2023 by Saurenergy The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […] Read more
India Will Surpass 100 GW of Solar Installed Capacity By Early 2024: Report Updated On Thu, Jun 15th, 2023 by Saurenergy A study entitled ‘Global Market Outlook For Solar Power 2023-2027’ (With a Focus on South East Asia) has been released. The major findings of the insightful report are as follows- Top Five Countries in Installations The top five countries that added solar installations in 2022: 1. China: 100 GW (Approx) 2. US: 21.9 GW 3. […] Read more
Indian Firm Cliantech Solutions Lands 600 MW Solar Module Project in UAE Updated On Wed, Jun 14th, 2023 by Saurenergy Turnkey solutions-providing firm, Cliantech Solutions and Technologies LLP has bagged a turnkey contract from Magnus Green Solar, a Dubai-based engineering firm in the renewable energy segment. The project will require Cliantech to set up a state-of-the-art solar module manufacturing facility. Initially, the site will boast of an initial capacity of 600 MW every year. This […] Read more
BSNL Issues Tender for 10 MW Rooftop Solar Projects Updated On Wed, Jun 14th, 2023 by Saurenergy Bharat Sanchar Nigam Limited (BSNL) has issued a tender inviting bids for the selection of project developers for the installation of 10 MW of grid-connected rooftop solar projects. These projects will be established across its buildings in several states. The projects are to be executed under the renewable energy service company (RESCO) model. The last […] Read more
China’s Offshore Wind Achieves Remarkable Power Price Parity with Coal Prices Updated On Tue, Jun 13th, 2023 by Saurenergy China’s rapidly expanding offshore wind industry has defied the global norm by successfully driving down power prices to match those of coal, according to a recent report by BloombergNEF. While other regions continue to face upward pressure on energy costs, China’s offshore wind sector has experienced a significant reduction in prices, presenting a promising development […] Read more
The Top 5: Indian Steel Makers And Their Green Plans Updated On Tue, Jun 13th, 2023 by Saurenergy India stands tall among the world’s leading steel-producing nations. Thanks to rapid infrastructure development, steel demand has soared, making the Indian steel industry a crucial player in the global market. However, as the world grapples with environmental challenges and the need for sustainable practices, India’s steel producers are stepping up with their green plans to […] Read more
Govt Releases Norms for Tariff-Based Bidding Process for RE Power with Storage Updated On Tue, Jun 13th, 2023 by Saurenergy The Ministry of Power recently released a set of guidelines for a tariff-based competitive bidding process for procuring firm and dispatchable power from grid-connected renewable energy power projects with energy storage systems. The document defined renewable power as solar generating systems, wind energy generating systems, or a combination of both, with Energy Storage Systems (ESS). It also […] Read more
