JSW Receives LOA For 700 MW ISTS-Connected Project From SJVN Updated On Tue, Feb 27th, 2024 by Saurenergy JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received Letter of Award (LoA) for ISTS-connected solar capacity of 700 MW from SJVN Limited, against Tariff based Competitive Bid (TBCB) invited for setting up of 1,500 MW ISTS-connected solar power projects. Following the award of 700 MW capacity from SJVN Ltd, […] Read more
Largest Solar Battery Project By SECI Commissioned in Chhattisgarh Updated On Mon, Feb 26th, 2024 by Saurenergy Solar Energy Corporation of India Limited (SECI), under the Ministry of New and Renewable Energy, has commissioned India’s largest Battery Energy Storage System (BESS). The project was inaugurated by PM Modi on February 24. The 40 megawatts (MW) / 120MWh BESS with a solar photovoltaic (PV) plant which has an installed capacity of 152.325 megawatt […] Read more
SOFAR Presents ESS PowerMega For Utility Solar Updated On Fri, Feb 23rd, 2024 by Saurenergy At Intersolar India SOFAR, a global photovoltaic (PV) and an Energy Storage System (ESS) solutions provider for all-scenarios, introduced PowerMega (350KTLX0) optimized for utility solar applications. Currently, the utility segment contributes significantly towards growth in the Indian RE industry, which prompted SOFAR to introduce the PowerMega (350KTLX0). It’s optimized for utility solar applications, and it […] Read more
Vikram Solar Secures Spot In BNEF Tier 1 Global Module Makers List Updated On Thu, Feb 22nd, 2024 by Saurenergy Solar module manufacturer Vikram Solar announced that it has once again achieved Tier 1 status in BloombergNEF’s prestigious global module manufacturers list adding, “This recognition underscores the company’s enhanced efficiency, bankability, and production of high-quality products.” BNEF stands as a reputable industry research organisation in the field of new energy, recognised for its credibility and […] Read more
PSP Emerges Cost Competitive To BESS: CareEdge Ratings Analysis Updated On Thu, Feb 22nd, 2024 by Saurenergy CareEdge Ratings a research-based company in its recent estimate for this year found PSP and BESS to be two leading technologies for energy storage. The CareEdge report found that Pumped Storage Projects (PSP) and Battery-Energy Storage Solutions (BESS) technology can become leading technologies in the mainstream mediums for energy storage. It holds the potential to […] Read more
Bengaluru-Based EV Startup Pravaig Dynamics To Export Batteries To Greece Updated On Wed, Feb 21st, 2024 by Saurenergy Bengaluru-based electric vehicle startup Pravaig Dynamics has announced that it won a deal to export its energy storage systems for solar farms in Greece, according to a report by the news agency PTI. This has been a breakthrough for an Indian company in the highly competitive renewable energy market in Europe. Pravaig, which manufactures high-precision […] Read more
MNRE Notifies Guideline For 13 GW RE, 12GWh BESS Projects In Ladakh Updated On Tue, Feb 20th, 2024 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA) in its notification shared the recent President’s sanction for the implementation of a 13 GW renewable energy project in Ladakh (IST GEC – II). The long awaited project comprises of 13 GW renewable energy capacity along with a 12GWh Battery Energy Storage system (BESS) in Ladakh. The government […] Read more
Balance Power 40MW Battery Project Gets Planning Approval in UK Updated On Tue, Feb 20th, 2024 by Saurenergy United Kingdom-based renewable energy developer Balance Power‘s 40MW battery storage project in Cheshire, England has received the planning approval. The project, located in Cheadle, will store renewable energy at times of peak generation and export it back onto the grid when demand is high, balancing intermittency, according to the press release. The storage facility will […] Read more
Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023 Updated On Tue, Feb 20th, 2024 by Saurenergy Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […] Read more
