Exide Industries Announces Lithium Cell Manufacturing Plans Updated On Thu, Dec 23rd, 2021 by Saurenergy India’s largest battery maker Exide Industries has announced its foray into lithium-ion (Li-ion) cell manufacturing with a multi-gigawatt plant planned soon. Exide also has a subsidiary Exide Leclanche Energy Private Limited (under the brand Nexcharge), where Exide recently increased its stake to over 80%. Currently, the firm has a 1.5 GW battery pack assembly plant […] Read more
TotalEnergies Unveils France’s Largest Battery Storage Facility Updated On Thu, Dec 23rd, 2021 by Saurenergy French petroleum refining company TotalEnergies has launched the largest battery-based energy storage facility in France, the company claimed in a recent official statement. Located at the Flandres center in Dunkirk, this site, which responds to the need for grid stabilization, has a power capacity of 61 MW and a total storage capacity of 61 megawatt […] Read more
Belgian Company Develops ‘World’s 1st Offshore H2 Storage Concept’ Updated On Thu, Dec 23rd, 2021 by Saurenergy Tractebel and its partner companies have developed the world’s first offshore infrastructure and processing facilities concept for the storage of hydrogen in offshore caverns, said the Belgium-headquartered consultancy and engineering services provider. The design study, unveiled by Tractebel Overdick GmbH’s offshore experts, seeks to present an innovative solution for large-scale hydrogen storage on the high […] Read more
APTEL Leans With Rajasthan Solar Park Developer On Jurisdiction Issue Updated On Wed, Dec 22nd, 2021 by Saurenergy In an interesting judgement on the rights and powers of Solar Park Developers in states, the Appellate Tribunal for Electricity (APTEL), in an order yesterday, has laid down the operating rules for such situations. The tribunal was acting on a plea by the Saurya Urja Company of Rajasthan Limited, which runs the Bhadla Solar park, […] Read more
Hindustan Salt’s 4000 MW Solar Park Plans Under High Court Scrutiny Updated On Wed, Dec 22nd, 2021 by Saurenergy Last month, we had reported on the ambitious move by ailing PSU Hindustan Salts Limited to use its land bank for a massive 4000 MW solar park. That plan, always an ambitious stretch considering the many issues with the firm as well as its non-existent expertise in the solar space, has just been questioned, and […] Read more
EKI Energy Services Races To Make The Most Of Its Headstart In Carbon Credits Updated On Wed, Dec 22nd, 2021 by Saurenergy For Indore based EKI Energy services Limited, the past 12 months have been nothing short of a ride of a lifetime. The firm has left many startups in the shade with the incredible price movement of its stock, soon after it listed on the BSE SME index. After issuing shares at a price of Rs […] Read more
SECI’s 1110 MW Hybrid Projects Face a Long Delay Due To Uncertainty Over SC Judgement Updated On Wed, Dec 22nd, 2021 by Saurenergy In yet another case involving adoption of tariff after taking into account change in law events, a key SECI project, the 1110 MW (Tranche III) Wind -Solar Hybrid project could be facing a long delay. The letter of award to the winning bidders had been issued on 31/12/2020, ie, almost a year back. The project, […] Read more
New York Loves Distributed Solar, Targets 10 GW By 2030 Updated On Wed, Dec 22nd, 2021 by Saurenergy New York state, which has embraced the need for change strongly in recent years, has set itself a target of 10 GW of solar from distributed projects for 2030, even as it looks set to achieve its goal of 6 GW by 2025. The original target was 3 GW by 2023. At the moment, over […] Read more
Curbs On Banking Of Power Risks Hurting Renewable Producers Updated On Wed, Dec 22nd, 2021 by Saurenergy A briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research asserts that new restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market. This would have a wide ranging impact on India’s national target of 500 gigawatts (GW) of installed renewable capacity by […] Read more