Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL Updated On Fri, Feb 28th, 2025 by Saurenergy India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […] Read more
Fronius Launches ‘Reserva’, Its Battery Storage System Updated On Fri, Feb 28th, 2025 by Saurenergy Austrian solar energy firm Fronius, known mostly for its solar inverters until now, has launched the Fronius Reserva. The Reserva is Fronius’s own battery to go woth inverters and use in solar systems, for a range between 6.3 and 15.8kWh. “We believe in a future in which renewable energies cover 100 percent of the world’s […] Read more
JSW Energy Wins 125 MW/500 MWh BESS Tender From SECI At ₹441,000/MW/Month Updated On Thu, Feb 27th, 2025 by Saurenergy JSW Energy has recently secured a 125 MW/500 MWh standalone battery energy storage system (BESS) tender from the Solar Energy Corporation of India (SECI). JSW won the tender at ₹441,000/MW/month. SECI floated this tender in December 2024 and declared it within two months. As per the tender, SECI, after receiving interest from the Kerala State […] Read more
As Solar Developers In China, India Face June Deadline, Module Supply, Prices To Tighten Updated On Thu, Feb 27th, 2025 by Saurenergy China, which remains the heart of the solar industry worldwide, has finally seen an inching up of module prices in February, bringing some relief to its large solar manufacturers. However, the rise in prices may not be such good news for many markets where tariffs have been imposed on Chinese imports, as it was the […] Read more
Adani Green Wins 1.25 GW Pumped Hydro Storage Project From UPPCL Updated On Thu, Feb 27th, 2025 by Saurenergy Adani Green Energy Limited (AGEL), has received a Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW of energy storage capacity from Pumped Hydro Storage Projects (PSP). The Panaura PSP project has a minimum commitment of 40 years. It will be located in Sonbhadra district, Uttar Pradesh, and is expected […] Read more
PM-KUSUM: Bhagyanagar Gets 53 MW Solar Project At ₹3.09/kWh Updated On Tue, Feb 25th, 2025 by Saurenergy Telangana-based Bhagyanagar India Limited has been awarded a Letter of Award (LOA) for a 53 MW solar pump project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The company secured the project under feeder-level solarization under Component C of the PM-KUSUM Scheme. The company stated in a regulatory filing, “The company has received the project […] Read more
SECI, MP Govt To Build 200 MW Dhar Solar Project With 1000 MWh BESS Updated On Tue, Feb 25th, 2025 by Saurenergy Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, signed a Memorandum of Understanding (MoU) with the Madhya Pradesh government for a 200 MW solar project in Dhar. This project is part of the CPSU Scheme and a 1,000 MWh Battery Energy Storage System (BESS) project […] Read more
2025: Solar, BESS To Account For 81% New US Capacity Addition Updated On Tue, Feb 25th, 2025 by Saurenergy The latest Preliminary Monthly Electric Generator Inventory report by the US Energy Information Administration (EIA) expects 63 GW of new utility-scale electric-generating capacity to be added to the US power grid in 2025. This amount represents an almost 30% increase from 2024, when 48.6 GW of capacity was installed, the largest capacity installation in a […] Read more
FDRE Projects Prone To Several Financial Risks, Says EMBER Updated On Tue, Feb 25th, 2025 by Saurenergy A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […] Read more
