Balance Power 40MW Battery Project Gets Planning Approval in UK Updated On Tue, Feb 20th, 2024 by Saurenergy United Kingdom-based renewable energy developer Balance Power‘s 40MW battery storage project in Cheshire, England has received the planning approval. The project, located in Cheadle, will store renewable energy at times of peak generation and export it back onto the grid when demand is high, balancing intermittency, according to the press release. The storage facility will […] Read more
Govt Asks States To Align With Green Open Access Rule 2022 Updated On Tue, Feb 20th, 2024 by Saurenergy The Ministry of Power (MoP) recently issued directives for all states and union territories emphasizing on the implementation of amended electricity rules that aimed at promoting green energy open access. The Ministry of Power (MoP) in its notification released on 12th February 2024 in its notification, gave the directive to states to align with the […] Read more
NTPC Renewable Seeks Bids For 631 MW Solar Modules In Rajasthan Updated On Tue, Feb 20th, 2024 by Saurenergy The renewable energy wing of NTPC, NTPC Renewable Energy has sought bids regarding solar modules in Rajasthan. The tender invites bidders to unload and store solar modules of a total capacity of 631.28 MW for the Bhadla Il solar park at the 320 MW Bhainsara site in Rajasthan. The last day to submit the bids […] Read more
Enviromena Wins Contract To Repower Three Major Solar Farms In UK Updated On Tue, Feb 20th, 2024 by Saurenergy UK-based Clean energy solutions company Enviromena has won a contract to repower three major solar farms in the UK ahead of the peak generation months this summer including Halse Solar Farm in Taunton; Horsacott Solar Farm in Barnstaple and Jordanston Solar Farm in Tenby, which are all government subsidy accredited sites with a combined capacity […] Read more
Plaksha University Launches Clean Energy Research Center – Indorama Updated On Tue, Feb 20th, 2024 by Saurenergy Plaksha University, a tech university today announced the launch of Indorama Ventures Center for Clean Energy. The center claims to reimagine technology education and research in India with technology programs. Today’s announcement announced the launch of one of the first research centers at Plaksha University to lead a clean energy transition through education and research. […] Read more
GlobalFoundries, Biden Admin Announces $1.5 Bn Funding For CHIPS & Science Act Updated On Tue, Feb 20th, 2024 by Saurenergy The US Department of Commerce recently announced $1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. GF claims to expand and create new manufacturing capacity through this investment. It estimates to expand it capabilities and securely produce more essential chips for automotive, IoT, aerospace, defense, and […] Read more
Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023 Updated On Tue, Feb 20th, 2024 by Saurenergy Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […] Read more
PGCIL Approves Rs. 655.75 Cr. Investment For Two Transmission Projects Updated On Tue, Feb 20th, 2024 by Saurenergy Power Grid Corporation of India Limited (PGCIL) recently announced the approval of two investment projects worth Rs. 655.75 crores by its board of directors. The project included the implementation of unified load dispatch and communication (ULDC) phase III (SCADA/EMS upgradation project –northern region SLDCs) at an estimated cost of Rs 514.66 crore. The committee of […] Read more
Local Solar Module Industry To Face Low Import Prices: Borosil’s Kheruka Updated On Tue, Feb 20th, 2024 by Saurenergy The domestic solar module industry will be forced to continue facing ‘unrealistically’ low import prices, said Pradeep M Kheruka, Executive Chairman of Borosil Renewables. Kheruka made these comments during a conference call with institutional investors and analysts which was held on February 08. He further said that the ALMM mechanism remained suspended, keeping the door […] Read more
