Northvolt to Invest $200 Mn to Establish Europe’s Largest Energy Storage Factory Updated On Mon, Feb 22nd, 2021 by Saurenergy Northvolt’s vision of enabling the future of energy takes a new step forward through a $200 million expansion of its battery systems capabilities in Gdańsk, Poland. Entering into production in 2022, a new factory will have an initial annual output of 5 GWh, and potential future capacity of 12 GWh. “Securing battery cell manufacturing capacity […] Read more
Proposed Delicensing of Discoms Gets Mixed Reaction in WB Updated On Wed, Feb 17th, 2021 by Saurenergy The proposed move by the Centre on delicensing power distribution business to induce competition has evoked mixed reaction. A discom official said it will impact the small consumers adversely and benefit the bulk users. Former West Bengal State Electricity Regulatory Commission chairman R N Sen on the other hand welcomed the reform mooted by the Centre in Electricity Bill (Amendment), 2021 […] Read more
AIPEF Continues to Rally Against Electricity Bill, Urges CMs to Seek More Time for Comments Updated On Wed, Feb 17th, 2021 by Saurenergy AIPEF has urged CMs to seek more time from the government for the submission of comments on the draft Electricity (Amendment) Bill 2021. The All India Power Engineers Federation (AIPEF) has urged chief ministers (CMs) to seek more time from the central government for the submission of comments on the draft Electricity (Amendment) Bill 2021. “AIPEF has […] Read more
Indian Electricity Sector on Cusp of a Solar Powered Revolution: IEA Updated On Wed, Feb 10th, 2021 by Saurenergy Solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades. According to the latest International Energy Agency (IEA) report, solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades in the STEPS – […] Read more
Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics Updated On Tue, Feb 2nd, 2021 by Saurenergy The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […] Read more
Lightsource bp Signs Power Contract With Verizon for 152.5 Megawatt Solar Farm in Indiana Updated On Fri, Jan 29th, 2021 by Saurenergy Lightsource bp today announced that it has entered into a virtual power purchase agreement (VPPA) with Verizon Communications Inc. that will enable construction of a new 152.5 megawatt ac solar farm in Indiana, furthering Verizon’s goal of being carbon neutral in its operations (scope 1 and 2) by 2035. The Bellflower solar farm, located about […] Read more
New RE Policy in Maharashtra to Attract Rs 75,000 Cr Investments: Raut Updated On Fri, Jan 29th, 2021 by Saurenergy The new RE policy of Maharashtra will attract investments of Rs 75,000 crore in the state per Energy Minister Nitin Raut. The new renewable energy (RE) policy of Maharashtra will attract investments to the tune of Rs 75,000 crore in the state according to state Power and New & Renewable Energy Minister Nitin Raut. The minister made the […] Read more
Budget 2021. Familiar Tussle Between Developers And Manufacturers Updated On Mon, Jan 25th, 2021 by Saurenergy As the 2021 budget comes around on February 1, it is widely considered to be one of the most critical of the century, coming as it does after the Covid-19 pandemic, which is still to end. While the start of vaccination has brought in a semblance of control back to the government on its future, […] Read more
GE Finalises Supply Contract for Orsted’s 1.1 GW Ocean Wind Offshore Project Updated On Tue, Jan 19th, 2021 by Saurenergy GE Renewable Energy has finalised supply and service contracts with Ocean Wind, the 1.1 GW Ørsted Project off the coast of New Jersey. GE Renewable Energy has announced that it has finalised supply and service contracts with Ocean Wind, the Ørsted Project off the coast of southern New Jersey. Ocean Wind will feature GE’s Haliade-X […] Read more
