Chile to Launch $2 Billion Bill for Large-Scale Energy Storage Systems for 2026-2028 Updated On Mon, Jun 12th, 2023 by Saurenergy The government of Chile has announced plans to introduce a bill this year aimed at procuring large-scale energy storage systems. With an investment of $2 billion, the initiative is set to commence operations in 2026 and will be the largest project of its kind in Latin America. President Gabriel Boric highlighted the necessity of integrating […] Read more
Traded Power Prices Drop 30% YOY At IEX To Rs 4.74/unit In May Updated On Tue, Jun 6th, 2023 by Saurenergy In a good sign for India’s summer months, power trading prices at the largest power exchange in the country, IEX, dropped 30% YOY to Rs 4.74/unit in May. During the month, the exchange enabled 8,251 MU (million units) of power trades. The green market trades at 358 MU, 1.42 lac Renewable energy certificates (RECs equivalent […] Read more
Wartsila Wins Contract For Delivering Australia’s Largest Energy Storage Project Updated On Thu, Apr 20th, 2023 by Saurenergy Origin Energy has selected technology group Wartsila as their preferred contractor to deliver energy storage solutions for Australia’s largest energy storage projects in the first phase. The project in its first phase has plans to have 460 Megawatt (MW) and 920 MW of energy storage systems. These Eraring batteries will be stationed at Origin’s Power […] Read more
Lead Systems Integration Engineer Updated On Thu, Apr 13th, 2023 by Saurenergy Responsibilities:- Lead the design and development of integrated control systems for BESS projects. Take ownership from concept through implementation, testing and commissioning including system architecture, control strategies, safety systems, hardware, software, network components and Cyber Security. Demonstrate compliance with customer requirements, regulatory requirements and system specifications considering inputs from multiple subsystems. Document systems design and […] Read more
Australian Govt Picks Eku Energy for Canberra’s 500 MWh Big Battery Project Updated On Thu, Apr 13th, 2023 by Saurenergy Eku Energy, which is the new global battery storage arm of Macquarie Group, has been picked by Australian Capital Territory government for Canberra’s Big Battery project. The Big Canberra Battery project is a large-scale storage facility in Williamsdale. Eku Energy will be responsible for building and operation of the project. The BESS project, pegged at […] Read more
IberBlue Wind Constructing 2 GW Offshore Wind on Spain-Portugal Border Updated On Wed, Apr 12th, 2023 by Saurenergy Iberian peninsula focused joint venture firm IberBlue Wind will be developing its first cross-border offshore wind project on the Spanish-Portuguese border. The total capacity of the wind projects will be 1.96 GW and spread over an area of 530 square km. Juan Sebastián Elcano and Creoula wind farms – the two upcoming projects – will […] Read more
IEX achieved 9,212 MU of overall volume in March 2023, Power Prices Average Rs 5.25/Unit Updated On Tue, Apr 4th, 2023 by Saurenergy The Indian Energy Exchange (IEX) on Tuesday claimed that it achieved 9,212 Million Units (MU) of overall volume in March 2023. It included green market trade of 391 MU, 8.69 lakh Renewable Energy Certificates (REC), equivalent to 869 MU, and 22,881 ESCerts (equal to 23 MU). The power exchange claimed that its overall volume during […] Read more
Rajib K Mishra Assumes Role of CMD at PTC Updated On Thu, Mar 30th, 2023 by Saurenergy Power trading solution provider PTC India (formerly known as Power Trading Corp of India) has appointed Rajib Mishra as its Chairman and Managing Director with immediate effect. Mishra was the director of marketing and business development prior to being appointed as Acting Chairman of PTC following the resignation of Deepak Amitabh. A company statement from […] Read more
Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways Updated On Thu, Mar 30th, 2023 by Saurenergy Several factors effect the green energy transition, such as the developmental aspect. However, the transition is becoming a reality. India’s largest Investment Banking franchise Avendus, in its latest report, Energy Transition and Clean Energy Investment in India, gives a picture of business segments emerging across the green economy value chain. The report also gives an […] Read more
