MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K Updated On Wed, Mar 20th, 2024 by Saurenergy GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […] Read more
IndiGrid Wins 360 MWh BESS Project In Gujarat Awarded By GUVNL Updated On Fri, Mar 15th, 2024 by Saurenergy Read more
IndiGrid Wins 360 MWh BESS Project In Gujarat Awarded By GUVNL Updated On Fri, Mar 15th, 2024 by Saurenergy Mumbai-based IndiGrid, an Indian power sector infrastructure investment trust (InvIT), recently announced that it has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL). IndiGrid received this letter to design, supply, test, install, commission, operate, and maintain a 180 MW / 360 MWh Battery Energy Storage System project (BESS) in Gujarat. […] Read more
Gensol Wins GUVNL’s 70 MW (140 MWh) BESS Project Worth 450 Cr. Updated On Mon, Mar 11th, 2024 by Saurenergy Gensol Engineering Ltd., which provides EPC services and promoted Blusmart in the electric mobility sector, has emerged as L1 bidder for 70 MW / 140 MWh out of 250 MW/500 MWh standalone Battery Energy Storage Systems (BESS) project. It attained this project from Gujarat Urja Vikas Nigam Limited (GUVNL) This project is to be developed […] Read more
MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy Updated On Mon, Feb 26th, 2024 by Saurenergy A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […] Read more
PSP Emerges Cost Competitive To BESS: CareEdge Ratings Analysis Updated On Thu, Feb 22nd, 2024 by Saurenergy CareEdge Ratings a research-based company in its recent estimate for this year found PSP and BESS to be two leading technologies for energy storage. The CareEdge report found that Pumped Storage Projects (PSP) and Battery-Energy Storage Solutions (BESS) technology can become leading technologies in the mainstream mediums for energy storage. It holds the potential to […] Read more
MNRE Notifies Guideline For 13 GW RE, 12GWh BESS Projects In Ladakh Updated On Tue, Feb 20th, 2024 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA) in its notification shared the recent President’s sanction for the implementation of a 13 GW renewable energy project in Ladakh (IST GEC – II). The long awaited project comprises of 13 GW renewable energy capacity along with a 12GWh Battery Energy Storage system (BESS) in Ladakh. The government […] Read more
Australia In Focus as Pacific Green Targets 12 GWh Global BESS Capacity Updated On Tue, Feb 6th, 2024 by Saurenergy UK based Global energy storage and environmental technology company, Pacific Green Technologies, Inc. is targeting more than 12GWh of battery energy storage capacity across four global markets. Having achieved rapid pipeline growth to 6GWh in 2023 – taking scale positions in the emerging Italian and Australian energy storage markets, as well as moving its first […] Read more
