MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
UK-Based Statera Secures 670MW Contracts in Auctions Updated On Fri, Mar 22nd, 2024 by Saurenergy In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […] Read more
Cyantron & Fasmho Energy Ink Deal For High-Voltage Battery Systems Updated On Thu, Mar 21st, 2024 by Saurenergy Electric Vehicles battery management firm Cyantron and Fasmho Energy have announced their partnership, focusing on advanced battery packs aiming to develop and manufacture custom intelligent energy storage solutions, particularly for non-stationary high voltage energy systems like e-buses and e-trucks. According to a media statement by Cyantron, Fasmho Energy and Cyantron Synergies plan to co-develop battery […] Read more
Adani Electricty Plans To Install 8,500 EV Charges In Mumbai Societies Updated On Thu, Mar 21st, 2024 by Saurenergy Adani Electricity Mumbai Ltd has announced that it has plans to install 8,500 chargers for electric vehicles (EVs) across apartment societies in Mumbai, reported news agency PTI. The Adani group company said it has launched what it calls the “share charge” initiative under which multiple EV owners can charge their vehicles, as was reported by […] Read more
What Energy Transition Means For Indian Homeowners & Individuals? Updated On Thu, Mar 21st, 2024 by Saurenergy By-Praveen Raju, Janhavi Joshi, and Amoolya Khurana The Government of India highlighted the challenges faced by developing countries to combat climate change at the 2021 United Nations Climate Change Conference (“COP26”) and subsequently presented India’s commitments to the energy transition in the form of Panchamrit i.e., a five-step approach to combat climate change which included […] Read more
GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K Updated On Wed, Mar 20th, 2024 by Saurenergy GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […] Read more
EV Maker VinFast Steps Into Global Electric Charging Sector Updated On Tue, Mar 19th, 2024 by Saurenergy Electric Vehicle (EV) manufacturer VinFast announced the establishment of V-Green Global Charging Station Development Company (V-Green). According to a media release, VinFast launched the EV charging company to develop a comprehensive charging infrastructure system that prioritizes supporting VinFast vehicles. Spun off from VinFast charging station development division, V-Green, majority-owned by Mr. Pham with a 90% […] Read more
SECI Invites Bids For 1200 MW ISTS Solar Projects With 600 MWh ESS Updated On Mon, Mar 18th, 2024 by Saurenergy Solar Energy Corporation of India (SECI) recently released an e-tender inviting bids for a 1200 MW ISTS-connected solar PV power project of 600 MW/1200 MWh Energy Storage Systems (ESS). SECI issued the tender under the Ministry of Power (MoP) guidelines for a tariff-based competitive bidding process. The tender was issued for, long-term procurement of electricity from grid-connected Solar PV power […] Read more
Growatt Inverters, Vibgyor Power Beverage Factory in Uttar Pradesh Updated On Mon, Mar 18th, 2024 by Saurenergy Global energy storage firm Growatt has recently powered a soft drink factory located in Uttar Pradesh, Moon Beverages Limited. New Delhi-based solar power developer Vibgyor Energy commissioned the plant. It has a capacity of 5.3 MW. This project, powered by 9,788 solar panels from the Vigyor and 29 Growatt ‘MAX 125KTL3-X LV’ inverters, can generate […] Read more
