IEX December Power Trading Update Updated On Thu, Jan 5th, 2023 by Saurenergy India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […] Read more
Modi Cabinet Approves Rs 19744 cr For Green Hydrogen Initiatives Updated On Wed, Jan 4th, 2023 by Saurenergy The government’s Green Hydrogen Mission for India got a shot in the arm with the formal approval of Rs 17,490 crore for the same by the Union cabinet today. The allocation is expected to be used for a special PLI (Performance Linked Incentive) scheme for manufacturing a base for electrolysers and other related equipment for […] Read more
Exicom to Supply 5L Battery Management Systems to Hero Electric Updated On Wed, Jan 4th, 2023 by Saurenergy An agreement has been inked between Exicom and Hero Electric under which the former will sell its battery management system (BMS) to the latter. Exicom is a manufacturer of electric vehicle charger and lithium-ion battery while Hero Electric is a leading EV maker in India. As per the terms of the agreement, Hero Electric is […] Read more
Ola Electric Leads In December 2022 Too, As Electric 2 Wheeler Sales Top 6 Lac For 2022 Updated On Wed, Jan 4th, 2023 by Saurenergy Ola Electric claims to have sold 25,000 units of electric scooters in December 2022. This figure includes undelivered units, so actual numbers are closer to a still creditable 17,000 plus, out of industry wide sales of 64,000 units. Ola Electric CEO Bhavish Aggarwal said in a blog post that his company has sold nearly 1.5 […] Read more
Log9 Materials & 3eco Forge Partnership for 2,000 InstaCharged EVs Updated On Wed, Jan 4th, 2023 by Saurenergy Three Wheeler EV fleet operator 3eco Systems and advanced battery-tech and deep-tech startup Log9 Materials have forged a strategic partnership for the deployment of Shakti 8 Cargo (S8Ci). The partnership will pave the way for the deployment of over 2,000 InstaCharged heavy duty EVs across India in the span of the the next 18 months. […] Read more
NTPC Delivers 295.4 Billion Units , Growth Of 11.6% During Apr-Dec 2022 Updated On Tue, Jan 3rd, 2023 by Saurenergy National Thermal Power Corporation, India’s largest power generating company, has announced that it has recorded a generation of 295.4 billion units of power during April to December period of 2022. NTPC held that through this it has registered a growth of 11.6 per cent compared to the same period of the previous year (2021). NTPC […] Read more
CESL Discovers Prices for India’s Largest E-bus Tender Updated On Tue, Jan 3rd, 2023 by Saurenergy Convergence Energy Services Limited (CESL) has shared the prices discovered for the biggest non-subsidized demand for 6465 electric buses. The unified tender makes up demand for electric buses from the six Indian states & UTs of Delhi, Telangana, Haryana, Surat (Gujarat), Kerala and Arunachal Pradesh. CESL is a wholly owned subsidiary of Energy Efficiency Services […] Read more
Haryana (HERC) Amends Renewable Purchase Obligation Policy, Adds Wind Updated On Tue, Jan 3rd, 2023 by Saurenergy Haryana has made the renewable purchase obligation (RPO) system more dynamic and eased the liability of stakeholders as it has included wind energy within the ambit of RPO. In an important development, the Haryana Electricity Regulatory Commission (HERC) has amended the policy on RPO by including wind energy and aligning solar energy to the other […] Read more
China, Malaysia Explore Development of Virtual Power Plants Updated On Tue, Jan 3rd, 2023 by Saurenergy Virtual Power Plants are touted as the next big step in solar industry that is driving the new wave of energy. In a recent development on the front, China and Malaysia have joined forces to explore opportunities in VPPs. Towards this, the two countries organised “China-Malaysia Virtual Power Plant Project Achievements Conference and China-Malaysia Virtual […] Read more
