China’s ‘Spare Solar’ Capacity Offers Energy Access Avenues: EMBER Updated On Wed, Jun 12th, 2024 by Saurenergy A recent report by EMBER delved into the untapped potential of surplus solar manufacturing capacity in China, highlighting its pivotal role in addressing both energy access and climate change. It revealed that despite the exponential growth in global solar manufacturing capacity, the deployment of solar panels worldwide lags significantly behind. According to estimates by the […] Read more
Adani Green Energy To Invest $1 Billion In Sri Lanka Wind Projects Updated On Tue, Jun 11th, 2024 by Saurenergy Adani Green Energy plans to invest more than $1 billion (Rs 83.5 billion) in wind power projects in Sri Lanka, according to news reports. This is the country’s largest foreign direct investment and one of the most important energy projects to date. The investment will be directed to the construction of two wind parks with […] Read more
BluPine Energy Signs PPA with APL Apollo Group For 61.65 MW Solar Plant Updated On Mon, Jun 10th, 2024 by Saurenergy BluPine Energy, established in India by global infrastructure investor Actis, has announced the signing of a Power Purchase Agreement (PPA) with APL Apollo Building Products (a wholly owned subsidiary of APL Apollo Tubes Limited), India’s largest structural steel tubes & pipes manufacturing company. The pact was signed for the establishment of a 61.65 MW solar […] Read more
JSW Energy Commences Construction Of 1 GWh BESS Project Updated On Mon, Jun 10th, 2024 by Saurenergy Mumbai-based JSW Energy recently initiated the construction activities for its 1 Gwh Battery Energy Storage Project (BESS) marking its foray into energy storage services. With this project, JSW also claims to lead in the development of one of the large commercial-scale Green Hydrogen projects in India. It claims to be one of the few in […] Read more
News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo Updated On Fri, Jun 7th, 2024 by Saurenergy Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […] Read more
Hero MotoCorp Invests Rs. 124 Crore In Ather Energy Updated On Fri, Jun 7th, 2024 by Saurenergy Delhi-based Hero MotoCorp invested, up to Rs. 124 Crore in Ather Energy an electric two-wheeler company in Bengaluru. Ather Energy is engaged in designing, manufacturing, selling, and servicing electric two-wheelers. It has business spread out in charging infrastructure, storage, distribution, and management of electric power. This included energy investment in batteries and other ancillary services. […] Read more
Li-Ion Batteries To Face Competition From Long-Duration Storage: Report Updated On Tue, Jun 4th, 2024 by Saurenergy Global energy research body BloombergNEF Research recently released a report analyzing the Long-Duration Energy Storage (LDES) growth and compared its efficacy with the popular Lithium-ion batteries. The study found that the LDES has witnessed rapid growth which garnered interest worldwide. The report anticipates that LDES will out-compete with lithium-ion batteries in some markets as decarbonization […] Read more
SaurEnergy Explains- Why Is Data Centre Capacity Measured In MWs? Updated On Mon, Jun 3rd, 2024 by Saurenergy Data Centres have moved to the front of the conversation around rising energy demand, what with the spread of digital usage, and more recently, the hype around AI or Artificial Intelligence. Readers have asked us to explain why these data centres bring built to serve the ever growing demand for computing power and information storage […] Read more
US Releases New Rule To Incentivise Clean Energy Production Under IRA Updated On Thu, May 30th, 2024 by Saurenergy The US Department of the Treasury and Internal Revenue Service (IRS) released proposed guidance on the Clean Electricity Production Credit and Clean Electricity Investment Credit under the Inflation Reduction Act (IRA). This guideline was established by President Biden’s Inflation Reduction Act (IRA), to provide clarity to developers of clean electricity projects. This guidance is expected […] Read more
