Rays Power Secures Two Projects Worth Rs. 833 Cr Totaling 680 MW Updated On Tue, Jul 16th, 2024 by Saurenergy Rays Power Infra, a solar EPC solutions provider recently acquired new projects worth Rs. 833 crores in the April-June period 2024. These projects are distributed in two states and can add over 680 MW to the company’s expanding portfolio. Rays Power Infra continues to focus on strengthening its solar park as well as EPC divisions […] Read more
Despite Record Investments, World Off Track For 2030 RE Target: EY Updated On Wed, Jun 19th, 2024 by Saurenergy Global accounting firm Ernst & Young (EY) recently reported a decline in overall global energy investments, failing to keep the world on track for the 2030 renewables targets. EY report found that, despite last year’s surge of US$1.8 trillion in clean energy investment, including US$660 billion earmarked for renewables, investment remains below the COP28 target of […] Read more
Gensol Wins GUVNL’s 70 MW (140 MWh) BESS Project Worth 450 Cr. Updated On Mon, Mar 11th, 2024 by Saurenergy Gensol Engineering Ltd., which provides EPC services and promoted Blusmart in the electric mobility sector, has emerged as L1 bidder for 70 MW / 140 MWh out of 250 MW/500 MWh standalone Battery Energy Storage Systems (BESS) project. It attained this project from Gujarat Urja Vikas Nigam Limited (GUVNL) This project is to be developed […] Read more
Iberdrola To Build Six BESS Projects Of 150-MW In Spain Updated On Thu, Jan 25th, 2024 by Saurenergy Global renewable energy conglomerate Iberdrola has announced that it will install six Battery Energy Storage Systems (BESS) with a combined capacity of 150 MW in Spain. Battery storage technology is becoming increasingly important for maximising the use of clean energy, regulating the grid frequency to within a millisecond and providing back-up capacity at peak energy […] Read more
With IRA Boost, Energy Storage Demand Likely To Surge Six-Fold: SEIA Updated On Mon, Nov 20th, 2023 by Saurenergy The Solar Energy Industry Association (SEIA) has released a report stating that over the next one decade, lithium-ion battery would witness a surge in global demand due to the unprecedented investment in solar. This was attributed to the production incentives bolstered through the Inflation Reduction Act (IRA) in the United States (US). SEIA’s report titled, […] Read more
TERI Issues RFP for 20 MW/ 40 MWh Battery Energy Storage Systems (BESS) in Delhi Updated On Wed, Sep 6th, 2023 by Saurenergy TERI (The Energy & Resources Institute) has issued an RFP for the design, supply, testing, installation, commissioning, operation and maintenance of 20 MW/ 40 MWh Battery Energy Storage Systems (BESS) in Delhi under tariff-based competitive bidding. The last date for submission of bids is September 22, 2023. Bids open on September 29, 2023. The scope […] Read more
ACWA Power to Build $7.5 bn Worth Renewable Energy Projects & BESS in Uzbekistan Updated On Tue, Mar 21st, 2023 by Saurenergy Saudi renewables developer ACWA Power has inked three PPAs and investment agreements with Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade of Uzbekistan. Under the agreements, ACWA Power will develop three solar PV projects in Tashkent and Samarkand. It will also build three Battery Energy Storage Systems […] Read more
Available Power, Linxon Unveil Strategic Partnership for Over 1 GW BESS Development Updated On Wed, Mar 1st, 2023 by Saurenergy Battery storage developer Available Power and Linxon have partnered to scale the North American energy storage market as Linxon has already secured access to the necessary equipment supply to deliver on the first tranche of Available Power’s 1,000+ MW (over 1 GW) front-of-meter project pipeline in Texas’s ERCOT market territory. Linxon is a joint venture […] Read more
Global Battery Leader CATL In Tie-Up With UL To Improve Battery Safety Updated On Thu, Jan 19th, 2023 by Saurenergy Global battery technology player Contemporary Amperex Technology Co. (CATL) has announced that it has signed an MoU with applied safety science provider UL Solutions for strategic cooperation to help create safer deployment and use of battery energy storage systems (BESS) and electric vehicle (EV) batteries. The agreement expects CATL to use its battery laboratory to […] Read more