Battery Storage Warms Up with NTPC 1 GWh Tender For EOI Updated On Tue, Jun 29th, 2021 by Saurenergy National power generator NTPC continues to move aggressively on its pivot to renewable energy and more flexible power. In a tender it released on June 26, the state owned power major has invitee expression of interest (EOI) for setting up 1000 MWh of grid-scale battery energy storage system (BESS) at its power plants in India. […] Read more
The Reliance Effect On Solar. Who Should Worry? Updated On Mon, Jun 28th, 2021 by Saurenergy When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […] Read more
Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan Updated On Thu, Jun 24th, 2021 by Saurenergy After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […] Read more
For Va-Yu It’s Word OF Mouth All The Way When It Comes to Building A Base Updated On Thu, Jun 24th, 2021 by Saurenergy Va-Yu Or Wind, as the name translates in English, is a Delhi-based rental EV start-up that has found success in the rough weather of the Covid pandemic in its debut year. One year down, their plans have stood the test of some of the toughest market challenges and founder Ashish Aggarwal has learned some valuable […] Read more
US Moves To Sanction Chinese Solar Firms, Implications for India Updated On Thu, Jun 24th, 2021 by Saurenergy Dynamics in the solar equipment market, dominated by China, just got more complicated with reports of the US Administration of President Joe Biden imposing sanctions against specific companies. That ramps up an already testy relationship when it comes to solar imports from China to the US, where the US under the Trump administration had first […] Read more
Fortum Divests 500 MW Indian Solar Assets To Investor Actis Updated On Wed, Jun 23rd, 2021 by Saurenergy Actis, the global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes is acquiring 500 MW assets of Finnish firm Fortum in India. The news was first reported in business daily, Economic Times. Actis has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 […] Read more
R.K. Singh Press Conference- Rules On Green Tariff Coming, More.. Updated On Tue, Jun 22nd, 2021 by Saurenergy At a virtual press conference linked to India’s role as a Global Champion for the Energy Transition theme at the UN High Level Dialogue on Energy 2021, Mr R.K. Singh, Minister of State (I/C) for Ministry of Power and MNRE and Minister of State for Ministry of Skill Development and Entrepreneurship, the Minister held forth […] Read more
China PV Assn Head Declares 600W Panels Key To Carbon Neutrality Updated On Mon, Jun 21st, 2021 by Saurenergy Gao Jifan, the honorary President of the China Photovoltaic Industry Association, and also Chairman of Trina Solar, said that the high power 600W+ PV industry will play a critical role in helping China achieve its goals of achieving a CO2 emissions peak by 2030 and carbon neutrality by 2060. Gao was speaking at the recently […] Read more
AP High Court Throws Out 6.4 GW State Solar Auctions Updated On Fri, Jun 18th, 2021 by Saurenergy The Andhra Pradesh High Court declared yesterday that the state government’s 6.4 GW solar project auctions were bad in law, and quashed the request for selection (RfS) and power purchase agreement (PPA) for the same. The move follows a petition filed by Tata Power Renewable Energy in January this year, where it was contended that the […] Read more