SECI Awards 1 GW/2 GWh BESS Project to JSW And Reliance Updated On Mon, Sep 16th, 2024 by Saurenergy SECI has announced that JSW Neo Energy and Reliance Power are the successful bidders for 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS), under tariff-based global competitive bidding. Both companies were awarded an equal capacity of 500 MW/1,000 MWh. JSW Neo Energy quoted a tariff of Rs. 381,000/MW per month, and Reliance Power quoted […] Read more
SECI Issues Fresh FDRE Tender For 8 GWh (2GW x 4 hours) Updated On Fri, Sep 13th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has announced a Firm and Dispatchable Renewable Energy (FDRE) tender for peak supply totaling 8,000 MWh (2,000 MW x 4 hours). The project will be developed on a Build Own Operate (BOO) basis. SECI intends to sign a Power Purchase Agreement (PPA) with the successful bidders for a […] Read more
NHPC Discovers Lowest Tariff Of Rs. 4.37 For 1.2 GW FDRE Project Updated On Fri, Sep 13th, 2024 by Saurenergy NHPC has announced the winners of the 1.2 GW solar project under Tranche II. It allocated the project to five successful bidders: Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy. According to the tender results, NHPC allocated Essar, Juniper, and Serentica 300 MW, 200 MW, and 150 MW of capacities […] Read more
Clean Electric Secures $6 Million Funding To Accelerate EV Adoption Updated On Tue, Sep 10th, 2024 by Saurenergy Clean Electric, an Indian developer specializing in rapid fast-charging battery technology for electric vehicles and long-life grid battery solutions, has raised $6 million in Series A funding. The funding round was co-led by Info Edge Ventures, Pi Ventures, and Kalaari Capital, with participation from Lok Capital and other strategic investors. The investment is expected tol […] Read more
NVVN Seeks Bids to Set Up 250 MW/500 MWh Standalone BESS Updated On Tue, Sep 10th, 2024 by Saurenergy NTPC subsidiary, Vidyut Vyapar Nigam Limited (NVVN), recently released a tender for setting up 250 MW/500 MWh standalone battery energy storage systems with viability gap funding support. NTPC released this tender under a tariff-based global competitive bidding request. The last date for bid submission is 17th September 2024. As per the NTPC Vidyut Vyapar Nigam […] Read more
The Rise Of BESS: The ‘Age of Batteries’ Draws Closer Updated On Fri, Sep 6th, 2024 by Saurenergy BESS (Battery Energy Storage System) technology has emerged as a key product for transforming as well as storing, distributing the excess green electricity for later use and for reducing the emissions of CO2. According to the International Energy Agency (IEA), World Energy Outlook 2024 Report, in 2023 battery storage in the power sector was the […] Read more
Honeywell Commissions Microgrid BESS At Lakshadweep Updated On Fri, Sep 6th, 2024 by Saurenergy Honeywell Automation India Limited (HAIL) has successfully delivered and commissioned a cutting-edge Battery Energy Storage System (BESS) for the Solar Energy Corporation of India’s (SECI) project in the Lakshadweep Islands. This marks India’s first on-grid solar project to incorporate BESS technology. The Lakshadweep Islands project is a significant step toward the decarbonization of energy supplies […] Read more
GUVNL Issues Tender For 400 MW/800 MWh BESS Project Updated On Thu, Sep 5th, 2024 by Saurenergy In a bid to deploy battery energy storage systems (BESS) in Gujarat, GUVNL recently released a tender inviting bids to establish 400 MW/800 MWh standalone battery energy storage systems, with an additional greenshoe option of 400 MW/800 MWh in Gujarat under tariff-based global competitive bidding (Phase-IV). The tender set 16th October as the last date […] Read more
NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs Updated On Wed, Sep 4th, 2024 by Saurenergy On September 3, State owned NHPC (National Hydroelectric Power Corporation Private Limited) said that it has re-entered a memorandum of understanding (MoU) with the Maharashtra’s Department of Water Resources (WRD) for 7,350 MW renewable energy storage systems. The MoU aims to establish energy storage systems, specifically pumped storage projects (PSPs), in the state of Maharashtra. […] Read more
