Altea Green’s Black Bess Project of 1 GW Commences in Italy Updated On Tue, Nov 7th, 2023 by Saurenergy Renewable energy firm headquartered in Turin, Italy, Altea Green Power has announced that it has commenced work on a battery storage system for capacity worth 1 GW. Known as Black Bess, the project will be established in Italy itself. The project will entail four sites in Italy’s central-southern part and will be commissioned in the […] Read more
India Will Need 60 GW Of Storage By 2030, Says Research Report Updated On Tue, Nov 7th, 2023 by Saurenergy Global Energy Alliance for People and Planet (GEAPP) and RMI released a report on battery storage systems, defining the role of discoms in accelerating battery energy storage in India. The report titled ‘Powering Progress: Batteries for Discoms, A Market Action Report evaluated the accelerating battery energy storage ecosystem in India. It attempted to provide an […] Read more
India’s Solar Module Manufacturing Capacity To Touch 60GW: Report Updated On Tue, Nov 7th, 2023 by Saurenergy A latest report from rating agency ICRA claimed that Indian solar module manufacturing could rise up to 60 Gigawatt (GW) by 2025. This is in contrast to the country’s current capacity of around 37 GW. The boost in the local solar module, as per the report, is likely due to the increased backward integration of […] Read more
Shakti Pumps Records Exports Growth by 12.7% YoY in Q2FY24 Updated On Mon, Nov 6th, 2023 by Saurenergy Shakti Pumps (India) Limited, a manufacturer of stainless-steel submersible pumps, pressure booster pumps, pump-motors, controllers, and inverters among other products, today announced the financial results for the quarter and half year ended September 30, 2023. Shakti Pumps (India) Limited Chairman, Dinesh Patidar, commented on the performance, “We are delighted to report that this has been […] Read more
UPNEDA Revises Norms in 150 MW Solar RFS Under PM KUSUM Updated On Mon, Nov 6th, 2023 by Saurenergy UPNEDA (Uttar Pradesh New Energy Development Agency) had issued a tender for procurement of power through tariff based competitive bidding process from grid connected solar power plants connected to selected segregated agriculture feeder of distribution substation cumulative capacity of 150 MW for sale of power to UPPCL at various locations in Uttar Pradesh through RESCO […] Read more
Ciel & Terre Hands Over 10.765 MWp Floating Solar Project at Jamshedpur Plant To Tata Steel Updated On Mon, Nov 6th, 2023 by Saurenergy Tata Steel’s giant Jamshedpur works have added a small step towards becoming more sustainable with the completion of 10.75MWp Floating solar plant. Built by Ciel & Terre India, a subsidiary of the French floating solar leader, Ciel & Terre International, the project is India’s first floating solar installation within a steel power plant. According to […] Read more
Global Solar Investments Increased By 2% In Last 8 Years: Report Updated On Mon, Nov 6th, 2023 by Saurenergy A latest report by the International Solar Alliance (ISA) stated that global investment in solar increased by an average of around 2 percent over the last eight years. It added that, on the contrary, fossil fuels are still receiving a major share at nearly a trillion dollars annually. The report put the investment in the global energy sector […] Read more
Gogoro & HPCL Ink Agreement for Battery Swapping Stations Updated On Mon, Nov 6th, 2023 by Saurenergy Gogoro, a battery swapping firm, has revealed that it has joined hands with HPCL in an initial agreement. The partnership will pave the way for the set up of battery swapping stations all over India in the near future. HPCL is a government-owned oil marketing firm. Under the agreement, Gogoro will establish an expansive network […] Read more
Financial Impact of Mitigation Policies Centered on Deep Decarbonization Most Severe on These States Updated On Mon, Nov 6th, 2023 by Saurenergy The National Institute of Public Finance and Policy (NIPFP) has released a paper reflecting on ‘Deep De-decarbonization and Regional Equity’ and regional imbalances in India with respect to Variable Renewable Energy. The insightful report has been authored by Sanjay Mitra and Rohan Chandra from the School of Public Policy, IIT Delhi. Impact on states The […] Read more
