NTPC Issues Tender To Develop 2GW of Pumped Hydro Energy Storage Projects Updated On Wed, Jul 12th, 2023 by Saurenergy NTPC Renewable Energy Limited (NREL) has issued a tender seeking bids from eligible bidders to develop Pumped Hydro Energy Storage projects upto 2000 Megawatt (MW). The tender document said that these projects could be located in any part of the country. NREL has mulled developing such projects with a 25-year design life which can give six hours […] Read more
Serentica Renewables Enters into 1,500 MWhr Energy Storage Contract with Greenko Updated On Mon, Jul 10th, 2023 by Saurenergy Serentica Renewables, a C&I focused renewable energy developer in India, has announced that it has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenko’s unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity from its upcoming energy […] Read more
SECI & GUVNL Sign Battery Energy Storage Supply Agreement for 150 MW/300 MWh Updated On Mon, Jul 3rd, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has entered into an agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). The BESSA (Battery Energy Storage Supply Agreement) signed between the two firms is for 150 MW/300 MWh. The agreement was signed at Vadodara. SECI has been frequently been issuing tenders for solar projects that entail BESS […] Read more
Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval Updated On Fri, Jun 23rd, 2023 by Saurenergy The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […] Read more
Solis Makes its Presence Felt at Intersolar Europe by Unveiling PV Energy Storage Solutions Updated On Mon, Jun 19th, 2023 by Saurenergy On June 14-16, 2023, Intersolar Europe, a global photovoltaic event, was kicked off in Munich, Germany. Solis, a manufacturer of energy storage and photovoltaic inverters, used the platform to showcase a new generation of photovoltaic energy storage solutions on the spot. Here is a list of innovations unveiled by Solis on the occasion- Photovoltaic Energy […] Read more
Engie & Partners Commission 150 MW Hazelwood Battery Energy Storage System Updated On Thu, Jun 15th, 2023 by Saurenergy Engie, the French energy company, along with project partners Eku Energy and Fluence, has successfully commissioned the Hazelwood Battery Energy Storage System (BESS) in the Latrobe Valley, Victoria, Australia. This pioneering project, with a capacity of 150MW/150MWh, is the first of its kind in the country to be situated on the grounds of a decommissioned […] Read more
Rajasthan To Have Mandatory Energy Storage Obligation From Next Year Updated On Wed, Jun 14th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest suo motu order, ordered the finalization of its new regulations related to Renewable Purchase Obligations (RPO)s for the obligated entities in the state. It came after the Ministry of Power earlier made a trajectory of RPOs of different clean sources. The new regulations have batted for a […] Read more
Chile to Launch $2 Billion Bill for Large-Scale Energy Storage Systems for 2026-2028 Updated On Mon, Jun 12th, 2023 by Saurenergy The government of Chile has announced plans to introduce a bill this year aimed at procuring large-scale energy storage systems. With an investment of $2 billion, the initiative is set to commence operations in 2026 and will be the largest project of its kind in Latin America. President Gabriel Boric highlighted the necessity of integrating […] Read more
NHPC, Torrent To Invest Rs 71,000 Crore On Energy Storage, Renewable Energy In Maharashtra Updated On Tue, Jun 6th, 2023 by Saurenergy Government owned hydropower major central PSU NHPC Ltd and Ahmedabad-headquartered Torrent Power have signed separate MoUs with the state government of Maharashtra for the development of storage projects and other renewable energy. With regards to the deal signed by NHPC, the central PSU said in a regulatory filing that it will establish four energy storage […] Read more
