Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report Updated On Wed, Dec 6th, 2023 by Saurenergy A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […] Read more
Waaree Partners With IRCON To Supply Solar Modules To Karnataka Updated On Wed, Dec 6th, 2023 by Saurenergy Indian renewable energy company Waaree Energies Limited today announced its partnership with IRCON Renewable Power Ltd. to supply over 200 MW of DCR category solar PV modules for Karnataka. IRCON Renewable Power Ltd., a subsidiary of the public sector undertaking IRCON International Ltd., is a Special Purpose Vehicle (SPV) for the setting up of a […] Read more
CERC Allows Uttarakhand RE Generator To Avail RECs Despite Delays Updated On Tue, Dec 5th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement used its ‘Power To Relax’ provision to provide relief to Uttarakhand-based renewable energy generators in the matter of the issuance of Renewable Energy Certificates (REC). The order was passed when the petitioner, Dhanashree Agro Products, a Haridwar-based sugar mill, moved the CERC. The sugar mill uses bagasse […] Read more
Sungrow To Supply South Africa’s First Hybrid Wind-Solar-Battery Project Updated On Tue, Dec 5th, 2023 by Saurenergy Global solar inverter player Sungrow signed a supply agreement with French renewable energy group EDF Renewables, to provide 264MWh liquid-cooled energy storage systems and MV transformers, for the Umoyilanga project – South Africa’s first wind-solar-storage integrated hybrid virtual power plant (VPP). EDF Renewables, and privately held investment company Perpetua Holdings (Pty) Ltd, won the Umoyilanga […] Read more
Adani Green Seals Its Largest Project Financing Of USD 1.36 billion Updated On Tue, Dec 5th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks. The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […] Read more
India Joins Battery Storage Consortium To Boost BESS Deployment Updated On Mon, Dec 4th, 2023 by Saurenergy India has now joined the Battery Energy Storage Systems (BESS) Consortium, at the ongoing Conference of Parties (COP28) Summit at Dubai. The consortium is an initiative of the Global Leadership Council (GLC) of the Global Energy Alliance for People and Planet (GEAPP). Through the BESS Consortium, India is among the first-mover countries as a part […] Read more
India’s Renewable Energy Generation Dips With Slump In Wind Power Updated On Fri, Dec 1st, 2023 by Saurenergy A comparison of monthly renewable energy generation data released by the Central Electricity Authority (CEA) claimed that India’s monthly renewable generation (including hydro) dipped in October this year. As per the latest available report of the CEA, India’s total renewable energy generation stood at 17.9 percent. During the month, the country generated a total of […] Read more
Delhi Notifies Policy For Time-Bound Electrification Of Commercial Fleets Updated On Thu, Nov 30th, 2023 by Saurenergy The Delhi government has now notified its Delhi Motor Aggregator Policy which mandates time-bound electrification of commercial vehicles. These rules apply to commercial vehicle aggregators offering two-wheelers, three-wheelers, and four-wheelers and delivery partners. The scheme is titled ‘Delhi Motor Aggregatory and Delivery Service Provider Scheme’. The notified scheme has made a trajectory of different segments […] Read more
Tamil Nadu Exempts 50% Of Rooftop Solar Network Charges For MSMEs Updated On Wed, Nov 29th, 2023 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC), in its latest order, approved the directive of the state government to waive off 50 percent of the network charges for rooftop solar consumers in the MSME sector. Earlier, the government on November 11 had announced the move during the State Assembly session. The government, in its order, had […] Read more
