Eku Energy Secures Exclusive Rights for 1 GW Battery Storage Projects in Italy Updated On Thu, Jul 13th, 2023 by Saurenergy The energy storage developer Eku Energy has signed a Framework Agreement with Renera Energy, a European consulting, trading and development group, securing the former exclusivity over 1 GW of battery storage projects in Italy. As part of the agreement, Eku Energy is already funding projects with a combined capacity of over 100 MW in the […] Read more
NTPC Issues Tender To Develop 2GW of Pumped Hydro Energy Storage Projects Updated On Wed, Jul 12th, 2023 by Saurenergy NTPC Renewable Energy Limited (NREL) has issued a tender seeking bids from eligible bidders to develop Pumped Hydro Energy Storage projects upto 2000 Megawatt (MW). The tender document said that these projects could be located in any part of the country. NREL has mulled developing such projects with a 25-year design life which can give six hours […] Read more
UK’s First-Ever Bankable, Unsubsidized Solar & Storage Project in the Offing Updated On Wed, Jul 12th, 2023 by Saurenergy DIF Capital Partners, a global independent fund manager and Pexapark, an advisory firm specializing in renewable energy, have now partnered to make UK’s first-ever bankable and unsubsidized solar and storage project. A Power Purchase Agreement (PPA) for ten years in this regard has already been signed. As per the mandate, the two firms would help […] Read more
Serentica Renewables Enters into 1,500 MWhr Energy Storage Contract with Greenko Updated On Mon, Jul 10th, 2023 by Saurenergy Serentica Renewables, a C&I focused renewable energy developer in India, has announced that it has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenko’s unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity from its upcoming energy […] Read more
GUVNL Issues Tender for 600 MW Solar Capacity with Greenshoe Option Updated On Wed, Jul 5th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has issued a tender for the purchase of power via competitive bidding process followed by reverse e-auction from 600 MW grid connected solar photovoltaic power projects to be set up in GIPCL’s (Gujarat Industries Power Company Ltd) solar park at Khavda, Gujarat with greenshoe option of additional capacity upto […] Read more
SECI & GUVNL Sign Battery Energy Storage Supply Agreement for 150 MW/300 MWh Updated On Mon, Jul 3rd, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has entered into an agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). The BESSA (Battery Energy Storage Supply Agreement) signed between the two firms is for 150 MW/300 MWh. The agreement was signed at Vadodara. SECI has been frequently been issuing tenders for solar projects that entail BESS […] Read more
AngloGold Ashanti Unveils Renewable Project with Storage at Tropicana Gold Mine in Australia Updated On Wed, Jun 28th, 2023 by Saurenergy Global mining company AngloGold Ashanti plans to build one of the largest renewable projects in Australia’s natural resource sector, the firm announced recently. The company’s subsidiary, AngloGold Ashanti Australia Ltd., has agreed with power developer Pacific Energy to construct and operate 62 MW of wind and solar generation capacity at the Tropicana gold mine site. […] Read more
Statkraft Secures German Contract for Solar & Battery Storage Updated On Tue, Jun 27th, 2023 by Saurenergy Statkraft, a Norwegian renewable energy provider, has secured a contract from the Federal Network Agency, the German regulatory authority, to construct a solar power plant coupled with battery storage in Zerbst, Germany. This opportunity emerged following the authority’s announcement of tenders in May 2023. The tenders targeted a combined total capacity of 400 MW. Statkraft’s […] Read more
NHPC in MoU with GRIDCO for 2 GW Pumped Storage, 1 GW Solar in Odisha Updated On Mon, Jun 26th, 2023 by Saurenergy Hydropower developer NHPC Ltd, has entered into an MoU (Memorandum of Understanding) with Grid Corporation of Odisha (GRIDCO). The agreement will pave the way for the development of pumped storage and renewable energy projects in Odisha. As per the agreement, pumped storage projects of a minimum of 2 GW and renewable energy projects that shall […] Read more
