Torrent Power Invests Rs 47,000 cr In RE Distribution Within Gujarat Updated On Thu, Jan 4th, 2024 by Saurenergy Torrent Power has inked four agreements with the Gujarat government to invest around Rs. 47,350 crores in the renewable energy sector, Green Hydrogen, and in the electricity distribution business. Torrent Power, an integrated power utility, has diversified the Torrent Group investment with the signing of four non-binding Memorandum of Understanding (MoU) with the government of Gujarat […] Read more
Nextracker Completes Separation from Flex, Now An Independent Firm Updated On Thu, Jan 4th, 2024 by Saurenergy Nextracker Inc. (Nasdaq: NXT), a leading global provider of intelligent solar tracker and software solutions, has announced the completion of Flex Ltd.’s spin-off of all of its remaining interests in Nextracker to Flex shareholders. This, together with certain other transactions relating to the spin-off also announced by Flex , resulted in a Nextracker ownership separation […] Read more
IEX December Market Update- Green Market Slide Continues with 60% Drop Updated On Thu, Jan 4th, 2024 by Saurenergy Indian Energy Exchange,(IEX) India’s premier energy exchange, achieved 9,707 MU overall volume in December’23, including 10.52 Lac Renewable Energy Certificates (RECs) (equivalent to 1052 MU), marking a 14.9% increase on YoY basis. IEX achieved 8,655 MU total electricity volume in December 2023, registering an increase of 8.7% on YoY basis. For the third quarter of […] Read more
OREDA Issues Tender To Deploy Solar Boats At Chilika Lake Updated On Wed, Jan 3rd, 2024 by Saurenergy The Odisha Renewable Energy Development Agency (OREDA) has planned to introduce solar boats on its largest water body, Chilika Lake. It has also issued tenders for the same from the interested parties. Chilika Lake hosts several aquatic animals like Dolphins and other species of fish. However, the fossil-fuel-based boats are often seen ferrying around the lake for […] Read more
MNRE Appoints Members For Dispute Resolution Commitee For RE Projects Updated On Wed, Jan 3rd, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now notified the names of the members of the proposed Dispute Resolution Committee (DRC). This DRC was mandated to resolve the disputes between the renewable energy developers and designated government PSUs like NTPC, SJVN, NHPC, and SECI, among others. As per the new notification, three retired IAS officers–M […] Read more
The Startup Using AI To Prevent Bird Fatalities Due to Wind Turbines Updated On Wed, Jan 3rd, 2024 by Saurenergy Bird strikes on windmills are more common than you think. A study held in 2012 shows bird strikes leading to nearly 366000 bird deaths on average in the US alone. With the uptick in renewable energy, windmill installations have gone up by 47%, which raises concern for birds like raptors and falcons, which are the […] Read more
Chandigarh Open Access Consumers May Get Green Power @Rs 6.75/unit Updated On Wed, Jan 3rd, 2024 by Saurenergy The Joint Electricity Regulatory Commission (JERC) for the state of Goa and Union Territories has now come up with a draft discussion paper to compute the green energy open access tariff in Chandigarh. This comes after the Union government issued a notification last year allowing green energy through open access to consumers even with less […] Read more
Could These Be Solar’s 5 Biggest Threats? Updated On Wed, Jan 3rd, 2024 by Saurenergy Solar has had a lot of time in the limelight, from being heralded as the energy source of the future to being the number 1 pick for home installation. However, a few other sources of energy have slipped under the radar and we’re here to talk about them for their potential to disrupt the rise […] Read more
Self-Certification Scheme For Solar Inverters Extended Till 2024: MNRE Updated On Tue, Jan 2nd, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its recent notification allowed an extension on the self- certification for Solar inverters till 2024. The last notification was published in a gazette notification on 28.07.2023. to review the availability of test facilities for limited capacities. “It gave more time for compliance, and implementation of Quality […] Read more
