Highview Power Awards Contract To Epcogen To Build LAES facility Updated On Tue, Aug 20th, 2024 by Saurenergy AXISCADES Technologies, a technology and engineering solutions provider, through its subsidiary Epcogen, was awarded a long-term contract by Highview Power Limited, a British energy storage technology producer. Highview Power is a developer of long-duration energy storage technology from renewable sources. Highview Power, which specializes in liquid air energy storage (LAES), has raised capital to establish […] Read more
Ruloans, UGRO Capital Foray Into Rooftop Solar Financing Biz Updated On Tue, Aug 20th, 2024 by Saurenergy Ruloans, a credit distribution company in India, entered into a partnership with UGRO Capital, a DataTech MSME-lending platform, to tap into the growing renewable energy finance market. Ruloans is a direct sales agent (DSA) for all financial services, including loans, credit cards, and insurance. It recently added rooftop solar finance products into its loan portfolio […] Read more
Delhi’s Grid Flexibility To Cut Peak Demand By 4 GW: RMI Updated On Wed, Aug 14th, 2024 by Saurenergy RMI’s recent report highlighted changes in Delhi’s power grid system, which has utilized grid flexibility technologies to manage and mitigate increasing demand peaks in the city. RMI estimates suggest that by 2030, Delhi could reduce 250–1,350 megawatts (MW) of peak demand through air conditioning (AC) demand response (DR) programs. It is estimated that grid flexibility […] Read more
India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL Updated On Wed, Aug 14th, 2024 by Saurenergy CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […] Read more
MoP Amends Electricity Act For Power Trade With Neighbors Updated On Tue, Aug 13th, 2024 by Saurenergy On August 12, the Ministry of Power (MoP) has amended the Import and Export of Electricity Act 2018 through an Office Memorandum, enabling the export and import of electricity to and from India. Under the revised guidelines, the government modified Clause 5.2 9(a) and Clause 8.9 to permit generating companies and distribution companies to export […] Read more
Avaada Signs MoU To Develop 2750 MW Of PSPs In Maharashtra Updated On Mon, Aug 12th, 2024 by Saurenergy Indian renewable project developer Avaada Group has now announced signing of a Memorandum of Understanding (MoU) with the Maharashtra government for the development of two Pumped Storage Projects (PSPs) with a combined capacity of 2,750 MW. This comes at a time when several leading companies in India like Adani Green, Greenko and others are showing […] Read more
CRISIL Predicts Lower Thermal Share In Generation Next Fiscal Updated On Mon, Aug 12th, 2024 by Saurenergy CRISIL Ratings, in a sectoral report has predicted a drop of over 500 bps (basis points) in share of thermal plants in India’s power generation by next fiscal. The prediction is based on expectations of stronger addition of renewable energy (RE) capacities of as much as 50 GW over the next two years. These are expected […] Read more
Lead Mechanical – Projects Updated On Mon, Aug 12th, 2024 by Saurenergy Responsibilities:- Coordinate internal resources and third Party Contractors for the flawless execution of projects. Ensure that all projects are delivered on-time, within scope and within budget Assist in the definition of project construction scope and objectives, involving all relevant internal stakeholders and ensuring technical feasibility. Ensure resource availability and allocation Develop a detailed project plan […] Read more
Co-located Solar & BESS To Reduce Power Shortages: Report Updated On Fri, Aug 2nd, 2024 by Saurenergy A latest report from the India Energy Climate Center (IIEC) said that co-located solar and battery energy storage system (BESS) deployment can help India avoid the likely electricity shortages in the years to come. The public policy think tank at the University of Berkeley, also stated in its report that due to the rapid electricity […] Read more
