With IRA Boost, Energy Storage Demand Likely To Surge Six-Fold: SEIA Updated On Mon, Nov 20th, 2023 by Saurenergy The Solar Energy Industry Association (SEIA) has released a report stating that over the next one decade, lithium-ion battery would witness a surge in global demand due to the unprecedented investment in solar. This was attributed to the production incentives bolstered through the Inflation Reduction Act (IRA) in the United States (US). SEIA’s report titled, […] Read more
Tata Power Receives First Set of BESS for 120 MW Energy Project Updated On Mon, Nov 20th, 2023 by Saurenergy Tata Power has received the first set of Battery Energy Storage Systems (BESS) for 120 MW Energy Project from TATA AutoComp, a conglomerate that provides products and services to the Indian and global automotive OEMs. The BESS is for a capacity of 6 GWh. Dr. Praveer Sinha, CEO & MD, Tata Power received the BESS […] Read more
Battery Management Firm Element Energy Raises $111 Million Updated On Wed, Nov 15th, 2023 by Saurenergy US battery management firm Element Energy, a Menlo Park-based Battery Management Technology company founded in 2019, has announced the close of $111 million in capital comprised of a $73 million Series B equity investment and a $38 million debt facility provided by Keyframe Capital Partners, L.P. The Series B round is co-led by one of […] Read more
Adani Discom Used RE Energy To Power Mumbai During Diwali Updated On Tue, Nov 14th, 2023 by Saurenergy Adani Electricity, the local power utility in Mumbai has delivered a green gift of sorts on Diwali to the financial capital. The firm says that it met the electricity demand of the territory in the metropolitan city it serves with renewable energy for a continuous four hours on Diwali. This was done during the Diwali […] Read more
CATL and Quinbrook In Agreement for 10 GWh Stationary Battery Energy Storage Systems Updated On Thu, Nov 9th, 2023 by Saurenergy CATL and Quinbrook have announced the signing of a Global Framework Agreement in stationary storage with the aim to deploy 10GWh+ of CATL’s advanced storage solutions over the next five years,underlining their focus on using advanced storage solutions to meet energy transition goals. The long-term partnership includes the design, optimization, and supply of the most […] Read more
India Launches Programme For Energy Efficient Cooking Updated On Fri, Nov 3rd, 2023 by Saurenergy Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under the Ministry of Power, launched its National Efficient Cooking Programme (NECP) and Energy Efficient Fans Programme (EEFP) under the presence of Union Minister for Power and New and Renewable Energy RK Singh, at an event held in New Delhi. These initiatives are […] Read more
MPPCL Issues Tender for Procurement of 500 MW Energy Storage Capacity Updated On Tue, Oct 31st, 2023 by Saurenergy Madhya Pradesh Power Management Company Limited (MPPMCL) has issued a tender inviting bids for the procurement of 500 MW of energy storage capacity with a discharge duration of six hours and a maximum discharge period of hours. The energy storage system will harness the potential of Pumped Hydro Storage Plants (PHSPs) for a 40-year duration […] Read more
Tata Power Renewable Energy Ltd. in Power Delivery Agreement for 43.75 MW Solar Plant Updated On Sat, Oct 28th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a leading player in the renewable energy sector and a subsidiary of The Tata Power Company Limited, has signed a Power Delivery Agreement (PDA) with Mukand Limited, a Bajaj Group company and a manufacturer of specialty steel long products and heavy machinery in India. The agreement is for a […] Read more
IndiGrid Scores Maiden Win for 20 MW/ 40 MWh Battery Energy Storage System Project Updated On Wed, Oct 25th, 2023 by Saurenergy IndiGrid (BSE: 540565 | NSE: INDIGRID), India’s first power sector InvIT, has received the Letter of Intent (LOI) / Letter of Award (LOA) from BSES Rajdhani Power Limited (BRPL) to look into the design, supply, testing, installation, commissioning, operation and maintenance of 20 MW/40 MWh BESS in Delhi. The project is envisaged on build, own, […] Read more
