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
Kia Installs India’s Fastest EV Charger In Gurugram Updated On Wed, Jul 6th, 2022 by Saurenergy Giving a fresh fillip to the charging infrastructure in the country, auto giant Kia has said that it has installed India’s fastest electric vehicle charger at one of its official dealerships – Dhingra Kia – in Gurugram, Haryana. Kia has said that it will be installing as many as 15 such superfast electric vehicle chargers […] Read more
The Netherlands Urges Cuts In energy Consumption To Reduce Russian Influence Updated On Tue, Jul 5th, 2022 by Saurenergy Even as European Union countries focus on expanding the renewables in their energy mix to reduce their dependence from the Russian oil and gas products, the Netherlands government is seeking cuts or greater efficiency from its largest consumers from 2023 onwards to reduce dependence. That is a welcome approach, instead of the failure to look […] Read more
IEX Power Trading Update for June 2022 Updated On Tue, Jul 5th, 2022 by Saurenergy The Indian Energy Exchange achieved 8267 MU volume in June ’22 comprising 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, registering 17% YoY volume growth across all market segments. Owing to improved supply-side availability, the prices at the day […] 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
ACME Green Hydrogen Will Invest Rs 52,474 Crore In Tamil Nadu Updated On Tue, Jul 5th, 2022 by Saurenergy ACME Green Hydrogen and Chemicals Pvt. Ltd. will be constructing a green ammonia and green hydrogen manufacturing plant in Tamil Nadu with an investment of Rs 52,474 crore. The facility is planned for the port town of Thoothukudi. The Tamil Nadu government has signed 60 MoUs with many companies at the Tamil Nadu Investors’ First […] 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
Dubai Setting Sights At Scoring14% Of Its Energy From Renewables By The End Of 2022 Updated On Mon, Jul 4th, 2022 by Saurenergy Saeed Mohammed Al Tayer, Managing Director and Chief Executive Officer of Dubai Electricity and Water Authority (DEWA), has said that Dubai will increase the share of renewable energy in the energy mix of the city to 14% by the end of this year (2022). He said that the new target is aimed at increasing the […] Read more
JSW Steel Pledges Rs 10,000 cr For Renewable Energy Investments Updated On Mon, Jul 4th, 2022 by Saurenergy JSW Group Chairman Sajjan Jindal has made a strong pitch for going green in it’s 2021-22 annual report. With an aim to reduce the carbon footprint of its operations and reduce dependence on coal based power, Jindal said that the company will be investing Rs 10,000 crore to increase it’s use of renewable energy. The […] Read more
