Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval Updated On Fri, Jun 23rd, 2023 by Saurenergy The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […] Read more
SJVN Issues Tender for 1.5 GW Renewable Energy with Storage Updated On Thu, Jun 22nd, 2023 by Saurenergy SJVN Ltd has invited bids for the selection of developers for 1.5 GW of firm and dispatchable power from renewable power projects with energy storage systems. The projects can be established anywhere in India, as long as they are connected to the interstate transmission grid. The developers for renewable energy will be selected through tariff-based […] Read more
Need A PLI Scheme For Grid-Scale Storage Systems: RK Singh Updated On Wed, Jun 21st, 2023 by Saurenergy Union Power Minister RK Singh publicly batted for starting a dedicated Production Linked Incentive (PLI) scheme for grid-scale storage systems. The statement has opened up speculations about the intention of the government to create a new scheme in this direction. Speaking at a public Delhi, the Minister for New and Renewable Energy said that renewable […] Read more
Envision to Supply & Commission Wind Turbines of 350 MW Capacity for Serentica Renewables Updated On Mon, Jun 19th, 2023 by Saurenergy Envision Energy, a firm that delves in renewable energy solutions has won an order from Serentica Renewables – a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, for the supply and commissioning of wind turbine generators for the 350 MW wind park coming up in Maharashtra. 106 units of. Envision’s state-of-the-art […] Read more
Engie & Partners Commission 150 MW Hazelwood Battery Energy Storage System Updated On Thu, Jun 15th, 2023 by Saurenergy Engie, the French energy company, along with project partners Eku Energy and Fluence, has successfully commissioned the Hazelwood Battery Energy Storage System (BESS) in the Latrobe Valley, Victoria, Australia. This pioneering project, with a capacity of 150MW/150MWh, is the first of its kind in the country to be situated on the grounds of a decommissioned […] Read more
Jinko Solar Pitches Storage Solutions With G2 Battery Launch At Intersolar Updated On Thu, Jun 15th, 2023 by Saurenergy JinkoSolar Holding Co., Ltd., one of the largest module manufacturers in the world, today officially launched its Second Generation of the High Voltage Energy Storage Battery into the European market. The upgraded product, JKR-B1250~2750-A (high voltage G2 battery) is a high-performance energy storage system designed for residential and small commercial applications. It features a self-developed […] Read more
Rajasthan To Have Mandatory Energy Storage Obligation From Next Year Updated On Wed, Jun 14th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest suo motu order, ordered the finalization of its new regulations related to Renewable Purchase Obligations (RPO)s for the obligated entities in the state. It came after the Ministry of Power earlier made a trajectory of RPOs of different clean sources. The new regulations have batted for a […] Read more
Govt Releases Norms for Tariff-Based Bidding Process for RE Power with Storage Updated On Tue, Jun 13th, 2023 by Saurenergy The Ministry of Power recently released a set of guidelines for a tariff-based competitive bidding process for procuring firm and dispatchable power from grid-connected renewable energy power projects with energy storage systems. The document defined renewable power as solar generating systems, wind energy generating systems, or a combination of both, with Energy Storage Systems (ESS). It also […] Read more
Chile to Launch $2 Billion Bill for Large-Scale Energy Storage Systems for 2026-2028 Updated On Mon, Jun 12th, 2023 by Saurenergy The government of Chile has announced plans to introduce a bill this year aimed at procuring large-scale energy storage systems. With an investment of $2 billion, the initiative is set to commence operations in 2026 and will be the largest project of its kind in Latin America. President Gabriel Boric highlighted the necessity of integrating […] Read more