India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report Updated On Thu, Dec 21st, 2023 by Saurenergy Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […] Read more
Trina Solar Lands First Industrial Solar Energy Storage Project in Japan Updated On Wed, Dec 13th, 2023 by Saurenergy Trina Solar signed a memorandum of understanding (MoU) with Japan’s Narashinrinsigen Hozenkousya (Nara Forest Resources Protection Company of Japan) to boost the penetration of its energy storage systems in Japan. As per the pact, this collaboration solidified Trina Solar’s entry into the industrial energy storage sector in Japan, with a commitment to supply large-scale Battery […] Read more
Jamaica Public Service Issues Renewable Energy & Battery Storage Tenders of 298 MW Updated On Mon, Dec 11th, 2023 by Saurenergy Jamaica Public Service Company Limited (JPS) has issued an RFS for the engineering, procurement, and construction services for a 115 MW utility-scale solar plant, a 171.5 MWh battery energy storage system, and a 12 MW wind plant. The projects will be set up in the Caribbean country. The BESS systems (battery energy storage systems) vary […] Read more
With IRA Boost, Energy Storage Demand Likely To Surge Six-Fold: SEIA Updated On Mon, Nov 20th, 2023 by Saurenergy The Solar Energy Industry Association (SEIA) has released a report stating that over the next one decade, lithium-ion battery would witness a surge in global demand due to the unprecedented investment in solar. This was attributed to the production incentives bolstered through the Inflation Reduction Act (IRA) in the United States (US). SEIA’s report titled, […] Read more
Denmark’s Ørsted Marks Entry into UK with Solar Farm of 740 MW Capacity Updated On Thu, Sep 14th, 2023 by Saurenergy Denmark based renewable energy firm, Ørsted has made headways into UK with its first solar project in the country. Ørsted has set sights on establishing a One Earth solar farm with a proposed capacity of 740 MW. The project will also boast battery storage and will be set up in Nottinghamshire. The solar farm is […] Read more
NLC India Moving Towards Hybrid RE Projects: Prasanna Kumar, CMD Updated On Tue, Aug 29th, 2023 by Saurenergy Saur: What are the significant works NLCIL undertook in the past few years to boost its renewable portfolio? CMD: NLC India Limited (NLCIL) was an early bird central PSU to venture into the renewable sector. Our first renewable energy project was awarded in 2013 with a 51 MW wind power project. Later, we shifted towards […] Read more
Reliance AGM Announcements- Carbon Fibre Manufacturing, Sodium-Ion Batteries, Wind Manufacturing Takes Shape Updated On Mon, Aug 28th, 2023 by Saurenergy In its much-awaited 46th Annual General Meeting (AGM) today, Reliance Industries Chairman Mukesh Ambani laid out a sprawling vision for the firm’s expansion into green energy. With the firm setting itself on a path to carbon zero by 2035, Ambani said, “We are accelerating our journey to become net carbon zero by 2035 through renewables and bio-energy. We are […] Read more
UK’s First-Ever Bankable, Unsubsidized Solar & Storage Project in the Offing Updated On Wed, Jul 12th, 2023 by Saurenergy DIF Capital Partners, a global independent fund manager and Pexapark, an advisory firm specializing in renewable energy, have now partnered to make UK’s first-ever bankable and unsubsidized solar and storage project. A Power Purchase Agreement (PPA) for ten years in this regard has already been signed. As per the mandate, the two firms would help […] Read more
RPC, Greenfield Collaborate To Deliver 500 MW Of UK Battery Storage Updated On Wed, May 31st, 2023 by Saurenergy London based clean energy majors Renewable Power Capital (RPC) and Greenfield have collaborated to develop at least 500 MW of battery storage in the United Kingdom to enhance energy transition of the island country. RPC and Greenfield also announced the acquisition of two projects by RPC from Greenfield having a total capacity of 83 MW. […] Read more