Servotech Power Systems Files Two Patents for Energy Management Technologies Updated On Wed, Oct 25th, 2023 by Saurenergy Servotech Power Systems, a manufacturer of EV chargers and solar solutions, has announced that it has filed two patents for innovative energy management technologies in order to facilitate grid service optimization through a battery energy storage system. These will also help effectively channel renewable energy into BESS for maximum value, enabling the transition to sustainable […] Read more
Govt Issues Renewable Consumption Targets For Discoms, Others Updated On Tue, Oct 24th, 2023 by Saurenergy The Ministry of Power, in its latest notification, issued a trajectory of renewable energy consumption for discoms, open access and captive power consumers. The new norms make these obligated entities to phase out the usage of fossil fuels in a phased manner. The new mandate was issued as per Section 14 of the Energy Conservation Act, […] Read more
Amazon European Portfolio Enhanced with 39 Renewable Energy Projects Updated On Mon, Oct 23rd, 2023 by Saurenergy IT giant Amazon has revealed that it has added 39 new renewable energy projects in Europe as on date. These entail 24 utility-scale wind and solar projects. Amazon is also developing its first solar farm in Greece. In 2022, Amazon’s had set up its first utility-scale solar farm in Poland. So far, Amazon has added […] Read more
SJVN Invites Bids for 70 MW Solar Power Project in Assam Updated On Fri, Oct 20th, 2023 by Saurenergy Central Public Sector Utility- SJVN has issued a tender for the design, engineering, supply, erection, testing, commissioning of 70 MW (AC) and/or 50 MW (AC) grid connected solar power project in Assam, including three (03) years comprehensive operation and maintenance (O&M) at designated locations of Assam Power Distribution Company Limited (APDCL), Assam. As per the […] Read more
Tata Steel Limited Eyes 26% Stake in Tata Power Arm Updated On Fri, Oct 20th, 2023 by Saurenergy Steelmaking firm Tata Steel Limited (TSL) has joined hands with Tata Power Renewable Energy Limited (TPREL) and TP Vardhaman Surya Ltd. (TPVSL). Under this agreement, TSL seeks to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. As per the agreement, TSL will also execute a fixed-tariff long-term agreement with TPVSL to source […] Read more
India and US Are Major Drivers Of Utility-Scale Solar Power: ISA Updated On Fri, Oct 20th, 2023 by Saurenergy The International Solar Alliance (ISA) recently released a report titled ‘World Solar Market Report’. It talks about the overall global scenario in the solar energy sector. The report placed India as one of the new undisputed leaders in global solar energy deployment. The report mentions that the global solar PV deployment had been primarily driven […] Read more
JKPCL & RUVNL to Purchase Power from SJVN’s 1000 MW Solar Project Updated On Fri, Oct 20th, 2023 by Saurenergy CPSU SJVN has been awarded Letters of Intent for the purchase of solar power from Jammu & Kashmir Power Corporation Limited (JKPCL) and Rajasthan Urja Vikas Nigam Limited (RUVNL). While JKPCL is looking to purchase 600 MW, RUVNL will purchase 500 MW. The purchase will be at a tariff of INR 2.57 per unit from […] Read more
CERC Uses ‘Power To Relax’ Provision To Give Relief To RE Generator Updated On Thu, Oct 19th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, provided relief to a renewable energy generator using the provision of ‘power to relax.’ The provision is a part of the Renewable Energy Certificate (REC) Regulations. The order came to the fore after the petitioner–Siddhayu Ayurvedic Research Foundation Private Limited (SARFPL), sought the issuance of RECs […] Read more
Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger Updated On Thu, Oct 19th, 2023 by Saurenergy The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […] Read more
