Industry Welcomes Cabinet Approval for PLI Scheme for ACC Battery Storage Updated On Fri, May 14th, 2021 by Saurenergy IESA and its member companies have welcomed the Cabinet’s approval of the PLI Scheme on Advanced Chemistry Cell (ACC) Battery Storage India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and its member companies have welcomed the Cabinet’s approval on the proposal by the Department of Heavy Industry for implementation of […] Read more
PLI Scheme for Battery Storage Will Lower Cost of EVs in India: SMEV Updated On Fri, May 14th, 2021 by Saurenergy SMEV has said that the PLI scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) The Society of Manufacturers of Electric Vehicles (SMEV) has said that the production linked incentive (PLI) scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) thereby […] Read more
IEA Upgrades Solar To Energy ‘King’ In Outlook for 2021, 2022 Updated On Wed, May 12th, 2021 by Saurenergy The International Energy Agency (IEA), in its latest Energy market update, has flagged renewables as the only category which saw demand increase. based on this, and the competitive filed for renewables versus other energy options, the agency sees a solid future ahead for renewable energy, particularly Solar. For India, which has been hit hard by […] Read more
India and the EU Commit to Energy Connectivity Partnership Updated On Mon, May 10th, 2021 by Saurenergy Last Saturday, India and the European Union agreed to bring the EU-India Roadmap 2025 in action and foster new synergies to jointly contribute to a safer, greener, cleaner, more digital, resilient and stable world. The day saw two key events- ‘India-EU Leader’s Meeting’ and ‘India-EU Business Roundtable’- being held simultaneously so that alliances in climate, […] Read more
As RE Continues to Expand, India’s Battery Storage Market a Sleeping Giant: IEEFA Updated On Mon, May 10th, 2021 by Saurenergy Grid integration of large-scale variable renewables will be one of India’s biggest challenges as it aspires to decarbonise its power economy through deployment of 450 gigawatts (GW) of renewable energy (RE) by 2030. Reaching this target from the current installed renewable capacity of 93 GW will require average annual renewable capacity additions of ~35 GW. […] Read more
Pakistan Must Shift Focus from Coal to Renewable Energy: IEEFA Updated On Fri, May 7th, 2021 by Saurenergy There is no second life for coal Pakistan’s intention to use coal for power production through gasification and liquefaction technologies is likely to cause harmful economic impacts and a subsequent increased reliance on fossil fuels in Pakistan, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Pakistan’s intention to explore […] Read more
Greenbacker Renewable Energy Company LLC Acquires Solar Project Totaling 80 MWac Updated On Thu, May 6th, 2021 by Saurenergy Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased an 80 MWac pre-operational solar project from Broad Reach Power (“BRP”). The project, MTSun Solar LLC, is currently under development in Yellowstone County, Montana, with an expected commercial operation date of July 2022. It has a long-term Power Purchase Agreement […] Read more
Enel Green Power Announces 1.5 GW RE Projects and 319 MW Storage in US Updated On Thu, May 6th, 2021 by Saurenergy Enel has started construction on five new renewable energy projects in the US worth 1.5 GW of new capacity and 319 MW of battery storage. Enel, through its US renewable subsidiary Enel Green Power North America, has started construction on five new renewable energy projects in the US including Roseland solar + storage, Blue Jay solar […] Read more
Virginia SCC Approves new Solar Projects Worth 500 MW of Dominion Energy Updated On Tue, May 4th, 2021 by Saurenergy The Virginia State Corporation Commission (SCC) approved Friday the largest group of new solar projects for Dominion Energy Virginia customers. The nine new solar facilities will total nearly 500 megawatts, enough to power 125,000 homes at peak output with renewable energy. These projects represent a major step toward achieving the goals of the Virginia Clean […] Read more
