Karnataka Signs MoUs With Petronas Hydrogen and Continental Automotive Components For Investment Worth Rs 32,000 Cr Updated On Wed, Jul 6th, 2022 by Saurenergy The Karnataka Government has signed two separate Memorandums of Understanding with Malaysia-based Petronas Hydrogen and Continental Automotive Components. This will usher an investment in the state to the tune of Rs 32,000 crore. The MoUs were signed by Dr. EV Ramana Reddy, Additional Chief Secretary in the Department of Industries and Commerce. Chief Minister Basavaraj […] Read more
Grid-Scale Energy Storage Systems Are The New Evolution for Energy Sector Updated On Wed, Jul 6th, 2022 by Saurenergy In the next decade, Energy Storage Systems (ESS) is tipped to make its mark in the power industry. The most recent standalone ESS tenders from Solar Energy Corporation of India and NTPC are poised to increase capacity and augment the growth of the regional ecosystem. India’s goals for renewable energy will depend heavily on […] Read more
Vattenfall All Set To Fill Up 200MW Thermal Storage Tower In Berlin Updated On Wed, Jul 6th, 2022 by Saurenergy Swedish multinational power company Vattenfall is all set to fill a 45m-high, 200MW-rated thermal energy storage facility with water in Berlin, Germany. The tank is a 2,600MWh system. The tank boasts of holding a capacity of 56 million litres of water that will be heated at 98 degrees celsius. The tank will be merged with […] Read more
Jharkhand Unveils Ambitious Solar Energy Policy Updated On Tue, Jul 5th, 2022 by Saurenergy The Jharkhand Government is poised to unveil its Solar Energy Policy 2022. The policy, launched by the Chief Minister of Jharkhand, Hemant Soren, will seek to augment the capacity of clean energy to 4000 MW in the financial years 2022 to 2023 and 2026 to 2027. Jharkhand Renewable Energy Development Agency (JREDA) has revealed a […] Read more
Maharashtra Energy Development Issues 10 MW Rooftop Solar PV Tender Updated On Tue, Jul 5th, 2022 by Saurenergy Maharashtra Energy Development Agency (MEDA) has invited expression of interest (EoI) for discovering the tariff for the 10 MW Grid-Connected Rooftop Solar PV Systems under the RESCO model. This solar power plant will be installed on the State Government Sector Buildings terrace / Ground. The last date to submit the bid is July 18, 2022, […] Read more
Fluence Energy, Rich Electric To Deploy 100 MW BESS In Taiwan Updated On Tue, Jul 5th, 2022 by Saurenergy Fluence Energy has announced a strategic partnership with Rich Electric, a Taiwanese battery-based energy storage systems player, wherein the two companies will deploy a 100 MW battery-based energy storage system in Hualien to support Taipower’s automatic frequency control (AFC) services. Fluence Energy is a leading global provider of energy storage products and services, and digital […] Read more
Nuclear Power Can Catalyse Transition To Energy Systems Dominated By Renewables, Says IEA Updated On Tue, Jul 5th, 2022 by Saurenergy As per a report by IEA, nuclear power has the potential to enable countries to move towards energy systems that are dominated by renewables. The report states that countries that are accelerating their nuclear power or continuing its use stand to benefit as it nuclear power reduces dependence on imported fossil fuels, reduce carbon dioxide […] Read more
EV Batteries in 5% GST Bracket to Support Faster Adoption Updated On Tue, Jul 5th, 2022 by Saurenergy The GST rates on lithium-ion battery packs have been reduced by the government from 18 percent to 5 per cent which is the lowest tax category. A statement by the Finance Ministry held, “Electric vehicles, whether or not fitted with a battery pack, are eligible for the concessional GST rate of 5 percent.” This was […] Read more
Bihar Development Floated EOI Tender for Setting Up Manufacturing Unit Updated On Mon, Jul 4th, 2022 by Saurenergy Bihar Renewable Energy Development Agency (BREDA) has floated a tender for the empanelment of manufacturers of Luminary, Battery, and Solar PV modules for setting up the Manufacturing Unit. BREDA invites the bids through Expression of Interest (EOI). For participating in these Bihar Development tenders, the bidders need to fulfill the minimum eligibility criteria specified under […] Read more
