Waaree Technologies In MoU With 3DBattery For Advanced Energy Storage Solutions Updated On Thu, Nov 30th, 2023 by Saurenergy Waaree Technologies Ltd. (WTL), the energy storage division of the Waaree Group, has announced that it has signed a non-binding Memorandum of Understanding (MoU) with Israeli company, 3DBattery, to develop and produce advanced energy storage solutions, based on 3DBattery’s lithium-ion and upcoming sodium-ion technology. The Parties will evaluate the collaboration further before entering into definitive […] Read more
Tata Power Renewable Energy Gets LoA For Supply of 200 MW From SJVN Updated On Wed, Nov 29th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has received a Letter of Award (LOA) for developing a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project with SJVN Limited (SJVN). SJVN is an Indian public sector undertaking (PSU) involved in hydroelectric and renewable power generation and transmission. It […] Read more
MERC Allows Compensation To Tata Power Over Hiked GST Rates Updated On Tue, Nov 28th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest judgement allowed compensation to Tata Power Green Energy Limited (TPGEL) on account of ‘change of law’ events. The order came to the fore when TPGEL moved the State Commission seeking compensation on account of additional expenses due to increased GST rates. TPGEL, the petitioner in the […] Read more
AmpIn Energy Transition to Electrify Eastern India with 600 MW Renewable Energy Updated On Tue, Nov 28th, 2023 by Saurenergy AmpIn Energy Transition, a renewable energy transition platform, is set to make a significant investment of INR 3,100 crores for setting up renewable energy projects of over 600 MW and an integrated manufacturing facility of solar cells and modules. Investments are planned in West Bengal, Bihar, Odisha, Jharkhand, Chhattisgarh and Northeastern states. In the region, […] Read more
LONGi Invests MYR 1.8bn For Its Serendah Module Plant In Malaysia Updated On Wed, Nov 22nd, 2023 by Saurenergy LONGi Green Energy seems to be charting new territories in Malaysia. With an investment of MYR 1.8 billion (approximately RMB 2.8 billion), LONGi Malaysia Serendah Module Plant in Selangor has officially been set in motion. This landmark development signifies LONGi’s pursuit of delivering top-tier solar products and leading sustainable energy practices. This project, spanning over […] Read more
CERC Allows Adani Subsidiary Compensation For ‘Change of Law’ Events Updated On Tue, Nov 21st, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, allowed compensation to Mahoba Solar (UP) Private Limited MSUPL) a subsidiary of Adani Green. The central commission allowed the compensation on account of ‘change of law’ events. These include the imposition of increased safeguard duty on the imports of solar cells and modules and the […] Read more
RenewSys Strikes 100 MW Solar Module Supply Deal with Engie India Updated On Tue, Nov 21st, 2023 by Saurenergy RenewSys, an integrated manufacturer of PV modules, has signed a 100 MW solar module supply agreement with Engie India. This contract is for Engie India’s GUVNL 2 project, operating under a 25-year solar power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL). Naresh Baluja, Chief Commercial Officer of Engie India, says, “We are […] Read more
Tata Power Renewable Energy Ltd Exceeds 1.4 GW Group Captive Projects Updated On Tue, Nov 21st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has crossed the 1.4 GW capacity of group captive projects in the last seven months. This achievement, the firm maintains, is the result of signing of Power Delivery Agreements (PDA) with various industries across segments. Some of the prominent group captive […] Read more
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