Enfinity Global Sells Minority Stakes in 380 MW ESS Projects Updated On Wed, Jun 4th, 2025 by Saurenergy Enfinity Global Inc., a leading U.S.-based renewable energy developer, has sold a 49% minority stake in two large-scale battery energy storage system (BESS) projects totaling 380 MW to Japan’s Daiwa Energy & Infrastructure Ltd. (DEI), a unit of the Daiwa Securities Group. Enfinity will retain a 51% controlling interest and continue to lead the development, […] Read more
India’s RE Sector Faces Compliance Crush With 2,700 Annual Filings Updated On Wed, Jun 4th, 2025 by Saurenergy India’s renewable energy companies are grappling with a staggering volume of regulatory obligations, with a single solar power project facing over 2,700 compliance instances annually, according to a new report released by TeamLease RegTech. Titled “Decoding Compliance Management for the Renewable Energy Sector”, the report highlights the regulatory complexity hampering India’s clean energy transition, even […] Read more
US Tariffs To Lift Cleantech Costs Up to 11%, Except Utility-Scale ESS: WoodMac Updated On Wed, Jun 4th, 2025 by Saurenergy The United States (US) has recently seen a rise in tariff policies which are set to increase the cost of power generation technologies, with energy storage system (ESS) witnessing the most hike due to its dependence on Chinese imports, according to Wood Mackenzie’s recent report. As tariffs create uncertainty in the US power market, development activity […] Read more
Global Renewable Capacity Set to Triple by 2035: GlobalData Updated On Wed, Jun 4th, 2025 by Saurenergy The global renewable power landscape is poised for a dramatic transformation, with installed capacity expected to surge from 3.42 terawatts (TW) in 2024 to 11.2 TW by 2035, according to data and analytics firm GlobalData. In its latest report, “Renewable Energy: Strategic Intelligence,” GlobalData highlights that the global renewable energy market has recorded a compound […] Read more
Rajasthan Discoms Plan Introducing Virtual Net-Metering Updated On Tue, Jun 3rd, 2025 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has issued a public notice inviting comments and suggestions on a key petition filed by Jaipur Vidyut Vitran Nigam Limited (JVVNL), seeking to amend the state’s renewable energy regulations to enable Virtual Net Metering (VNM) and Group Net Metering (GNM). The petition, submitted on behalf of Rajasthan’s three power […] Read more
JBMG Bags 3 GWh BESS Orders, Eyes National Renewable Goals Updated On Mon, Jun 2nd, 2025 by Saurenergy JBM Green Energy Systems Pvt. Ltd. (JBMG), the lithium-ion battery unit of JBM Auto Ltd., has secured a robust order book with 3 GWh capacity of Battery Energy Storage Systems (BESS) to be deployed across India. The surge follows recent orders, including a 1 GWh BESS project for state-run SJVN and additional deals with other […] Read more
NTPC REL Floats 245 MW EPC Tender For Khavda RE Park, Gujarat Updated On Fri, May 30th, 2025 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), a subsidiary of India’s largest power utility NTPC Ltd, has floated a tender for an engineering, procurement, and construction (EPC) package to develop a 245 MW grid-connected solar project in the South Block of the Khavda Renewable Energy Park, located in the Rann of Kutch, Gujarat. The last date […] Read more
2030 Target No Longer Bold Enough, Look Beyond 500 GW Updated On Fri, May 30th, 2025 by Saurenergy India’s pledge to install 500 GW of non-fossil energy by 2030 was hailed as bold and transformational when announced at COP26 in 2021. However, this target is no longer sufficiently ambitious compared to what the country has potential to achieve, thanks to the overall evolution of the energy landscape through the last few years. For […] Read more
The Start Of The Energy Storage Era Has Arrived In India- SBI Caps Updated On Fri, May 30th, 2025 by Saurenergy Investment bank SBI Caps has released a new report on the evolving battery scenario in India. The report makes a number of observations and recommendations to ensure that the critical sector delivers on its promise. From cautioning against a rush towards reducing dependence on China, calling instead for a more calibrated approach, to increasing import […] Read more