JBM, ADB Ink Rs 3.6bn Pact To Bring E-Buses To Haryana, Odisha Updated On Tue, Sep 17th, 2024 by Saurenergy The Asian Development Bank (ADB) and the JBM Group recently signed a Rs 3.6 billion (about $43.2 million) non-convertible debenture loan to expand access to electric buses in Haryana and Odisha. The loan will support the procurement of up to 650 electric buses and fund the cost of operations, maintenance, and deployment of depots and […] Read more
Mercedes-Benz Launches New Made-in-India Electric SUV Updated On Tue, Sep 17th, 2024 by Saurenergy Mercedes-Benz has introduced its second ‘Made In India’ electric car for the country. Christened EQS SUV 580 4MATIC, the EV is priced at Rs 1.41 crore. Produced at the company’s Pune plant, this SUV displays advanced battery technology and features aimed at enhancing sustainability The EQS SUV comes with a large 122-kWh battery that allows […] Read more
Resentment Among TN MSMEs Against Additional Rooftop Solar Charges Updated On Mon, Sep 16th, 2024 by Saurenergy Rooftop solar consumers across Tamil Nadu are now miffed with the additional charges levied by the state unlike many other Indian states which are promoting rooftop solar. The state agencies are now levying network or wheeling charges from the prosumers in the state. In a recent development, several Micro, Small, and Medium Enterprises (MSME) associations […] Read more
SECI Awards 1 GW/2 GWh BESS Project to JSW And Reliance Updated On Mon, Sep 16th, 2024 by Saurenergy SECI has announced that JSW Neo Energy and Reliance Power are the successful bidders for 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS), under tariff-based global competitive bidding. Both companies were awarded an equal capacity of 500 MW/1,000 MWh. JSW Neo Energy quoted a tariff of Rs. 381,000/MW per month, and Reliance Power quoted […] Read more
No Subsidies For Passenger Cars In Rs 10,900cr PM E-Drive Scheme Updated On Thu, Sep 12th, 2024 by Saurenergy The Union Cabinet, on September 11, approved the PM E-Drive Scheme for boosting adoptipn of electric vehicles in India. The PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) Scheme earmarks Rs 10,900 crores over the next two years with a sharp focus away from passenger cars to other key categories like 2 wheelers, […] Read more
UK’s Ilika Solid State Battery Claims Breakthrough in Safety and Innovation Updated On Tue, Sep 10th, 2024 by Saurenergy Ilika, a startup specialising in solid state battery technology, has recently reported a major success in safety tests of its Goliath solid-state battery prototype. These tests, conducted by independent assessors at University College London, demonstrated that the safety of the Goliath P1 prototype cell is significantly superior to that of equivalent lithium-ion batteries. The tests […] Read more
NVVN Seeks Bids to Set Up 250 MW/500 MWh Standalone BESS Updated On Tue, Sep 10th, 2024 by Saurenergy NTPC subsidiary, Vidyut Vyapar Nigam Limited (NVVN), recently released a tender for setting up 250 MW/500 MWh standalone battery energy storage systems with viability gap funding support. NTPC released this tender under a tariff-based global competitive bidding request. The last date for bid submission is 17th September 2024. As per the NTPC Vidyut Vyapar Nigam […] Read more
The Rise Of BESS: The ‘Age of Batteries’ Draws Closer Updated On Fri, Sep 6th, 2024 by Saurenergy BESS (Battery Energy Storage System) technology has emerged as a key product for transforming as well as storing, distributing the excess green electricity for later use and for reducing the emissions of CO2. According to the International Energy Agency (IEA), World Energy Outlook 2024 Report, in 2023 battery storage in the power sector was the […] Read more
Honeywell Commissions Microgrid BESS At Lakshadweep Updated On Fri, Sep 6th, 2024 by Saurenergy Honeywell Automation India Limited (HAIL) has successfully delivered and commissioned a cutting-edge Battery Energy Storage System (BESS) for the Solar Energy Corporation of India’s (SECI) project in the Lakshadweep Islands. This marks India’s first on-grid solar project to incorporate BESS technology. The Lakshadweep Islands project is a significant step toward the decarbonization of energy supplies […] Read more