MP 2025 Policy: Powering Non-RE States, Upgrading Substations Updated On Tue, Feb 25th, 2025 by Saurenergy Madhya Pradesh has set a policy target to invest ₹50,000 crore by 2027 in the renewable energy generation sector. For renewable energy equipment manufacturing, the state plans to invest ₹10,000 crore by 2027 and ₹4,000 crore by 2024. Moreover, the policy intends to incentivize repowering and technology upgrades of renewable energy projects. Additionally, Madhya Pradesh’s […] Read more
UK: BW ESS & Sungrow Operationalize 100MW/331MWh BESS Project Updated On Fri, Feb 21st, 2025 by Saurenergy BW ESS and Sungrow announced the commercial operation of the 100MW/331MWh Bramley battery energy storage system (BESS). Installed with Sungrow’s BESS 3-hour PowerTitan 2.0, the Bramley project can play a vital role in bolstering UK energy security and fortifying the resilience of the electricity system. The project is connected to the UK grid 132kV electric […] Read more
NHPC REL Seeks Developer For 19.2 MW RESCO Project In Haryana Updated On Thu, Feb 20th, 2025 by Saurenergy NHPC, on behalf of its subsidiary NHPC Renewable Energy Limited (NHPC REL), has issued a tender for the construction of a rooftop solar project. NHPC REL will be the rooftop solar developer (RTD) of the RESCO project and will also be the Project Management Consultant (PMC) for the project. NHPC REL has set March 24 […] Read more
Madhya Pradesh Allocates Rs. 2 Crore For EV R&D Promotion Updated On Wed, Feb 19th, 2025 by Saurenergy Soon after releasing its draft electric vehicle (EV) policy, the Madhya Pradesh (MP) cabinet has now approved the “Electric Vehicle Policy-2025.” This cabinet approved this policy under the chairmanship of Chief Minister (CM) Yadav. The Cabinet approved the policy to make electric vehicles the primary mode of transportation for the general public in the future. […] Read more
Emerging Nations To Account For 85% Electricity Demand By 2027-IEA Updated On Mon, Feb 17th, 2025 by Saurenergy Global electricity demand rose by 4.3% in 2024 and is forecast to continue growing at close to 4% through 2027. Over the next three years, global electricity consumption is expected to rise by 3,500 TWh, according to a recent report by the International Energy Agency (IEA). Moreover, the study found most additional electricity demand through […] Read more
Prostarm Info Gets In-Principle Approval From SEBI To Launch IPO Updated On Thu, Feb 13th, 2025 by Saurenergy Navi-Mumbai-based pan-Indian power solution products company, Prostarm Info Systems has received in-principle approval from market regulator, Securities Exchange Board of India (SEBI) to launch its initial public offering (IPO). The issue comprises a fresh issue of up to 1,60,00,000 Equity Shares of face value ₹10 each and will be listed on BSE and NSE. Choice […] Read more
MoP Sets New Bidding Guidelines for Pumped Storage Projects Updated On Wed, Feb 12th, 2025 by Saurenergy The Ministry of Power (MoP) has introduced a new set of rules to promote the development of Pumped Storage Plants (PSPs). The government’s latest norms aim to provide a standardized procurement framework based on open competitive bidding. They also establish clear risk-sharing mechanisms among various stakeholders. The government’s latest notification applies to developers and procurers […] Read more
Clean Energy Financing: Are We Investing Enough? Updated On Wed, Feb 12th, 2025 by Saurenergy Finance plays a vital role in the global push for renewable energy. Over the past decade, clean energy investments have grown significantly, driving gigawatt-scale renewable capacity additions and supporting related sectors, particularly in Asia, the Middle East, Europe, and North America. However, much more needs to be done for countries to meet their renewable energy […] Read more
Canadian Solar To Deliver 960 MWh ESS In Australia Updated On Tue, Feb 11th, 2025 by Saurenergy Canadian Solar has announced that e-STORAGE, a part of its subsidiary CSI Solar Co., Ltd. (CSI Solar), has signed a contract with Copenhagen Infrastructure Partners (CIP). This agreement, made through CIP’s fifth fund, Copenhagen Infrastructure V, is for the delivery of a 240 MW/960 MWh battery energy storage system in Summerfield, South Australia. e-STORAGE, a […] Read more
