SEIA Envisions To Install 700 GWh ESS Across US By 2030 Updated On Thu, Jan 30th, 2025 by Saurenergy US solar body Solar Energy Industries Association (SEIA) has unveiled a target for the U.S. to deploy 10 million distributed storage installations and reach 700 gigawatt-hours (GWh). These targets are part of a new whitepaper that analyzes the economic and energy security imperative of the storage sector. SEIA has also set sub-targets for residential, community, […] Read more
Gujarat Issues Norms For Setting Up Off-Grid, Hybrid Projects Updated On Wed, Jan 29th, 2025 by Saurenergy The Gujarat Energy Development Agency (GEDA) recently released guidelines for setting up off-grid solar, wind, and wind-solar hybrid projects in Gujarat. These guidelines aim to streamline procedures for these projects, including storage registration. The Gujarat government introduced this policy in response to requests from renewable energy project developers and to address challenges they face in […] Read more
Adani Green Q3 Results- PAT Rises 85% To Rs 474 crore Updated On Fri, Jan 24th, 2025 by Saurenergy Adani Green Energy Ltd (AGEL), the green energy developer arm of the Adani Group declared its financial results for Q3 FY25 on Thursday evening. The firm has posted a strong set of results, posting an over 85 percent rise in consolidated net profit to Rs 474 crore for the December quarter on the back of […] Read more
KSERC Clears KSEBL’s PSA With SECI For 500 MW Project Updated On Thu, Jan 23rd, 2025 by Saurenergy The Kerala State Electricity Regulatory Commission (KSERC) recently reviewed a petition filed by the Kerala State Electricity Board Ltd. (KSEBL) seeking approval for a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI). The agreement entails procuring 500 MW of power, including 250 MW allocated for two hours of peak power supply […] Read more
The Surprising Country Investing Big In Energy Storage Updated On Thu, Jan 23rd, 2025 by Saurenergy In common perception, the drive towards a green energy transition is placed as a tussle between those who want green, clean energy, and those who depend on fossil fuels, and hence do everything to delay or discredit the transition. The pronouncements by President Trump, to ‘drill baby drill’ for that country’s oil and gas sector, […] Read more
H2, Inc. Secures $16mn Funding to Expand Flow Battery Manufacturing Updated On Wed, Jan 22nd, 2025 by Saurenergy H2, Inc., a Vanadium Flow Battery (VFB) developer and manufacturer headquartered in South Korea, successfully raised $16 million in recent bridge funding, finalized in the second half of 2024. This brings the company’s total accumulated funding to $77 million. The round was led by STIC Investments, one of the largest and leading private equity firms in Korea, with […] Read more
TREDA Issues Pre-Feasibility Tender for PSP In Tripura Updated On Thu, Jan 16th, 2025 by Saurenergy The Joint Director of the Tripura Renewable Energy Development Agency (TREDA) issued an e-tender, soliciting bids to set up a Pumped Storage Project in Tripura from prospective bidders. The agency, on behalf of the organization, invited tenders to establish consultancy services for the preparation of a Pre-Feasibility Report (PFR). TREDA has sought bids from interested […] Read more
CY 2024: India Adds Record 28.5 GW Of Renewable Energy Capacity Updated On Wed, Jan 8th, 2025 by Saurenergy India added a total of 28.59 GW of new renewable energy capacity in the calendar year 2024, according to the Ministry of New and Renewable Energy (MNRE). The ministry’s latest report provides a detailed breakdown of fuel-wise capacity additions up to December 2024, revealing that solar power played a dominant role in driving this growth. […] Read more
Tender, Tariff, and Takers: 2024 A Brief Review Updated On Mon, Jan 6th, 2025 by Saurenergy The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […] Read more
