Clearstone Energy Unveils Ambitious Plans for Energy Hub in Mid Devon Updated On Thu, Jun 22nd, 2023 by Saurenergy Clearstone Energy has revealed ambitious plans to establish a pioneering energy hub in Mid Devon, set to have a significant impact on the UK’s response to the climate emergency. The proposed hub, situated adjacent to Junction 27 of the M5, aims to maximize the utilization of renewable energy from solar and wind farms, presenting a […] Read more
CEA Issues Norms For Field Efficiency Tests For Pumped Storage Projects Updated On Wed, Jun 21st, 2023 by Saurenergy The Central Electricity Authority (CEA) has issued fresh guidelines for the field efficiency tests in hydropower plants and pumped hydro storage projects to bring uniformity in the sector and to avoid disputes. The new norms define the testing agency, its role, and the standards to be used in such testing. “This…is to provide a uniform […] Read more
Need A PLI Scheme For Grid-Scale Storage Systems: RK Singh Updated On Wed, Jun 21st, 2023 by Saurenergy Union Power Minister RK Singh publicly batted for starting a dedicated Production Linked Incentive (PLI) scheme for grid-scale storage systems. The statement has opened up speculations about the intention of the government to create a new scheme in this direction. Speaking at a public Delhi, the Minister for New and Renewable Energy said that renewable […] Read more
Chinese Battery Manufacturer EVE Energy Scores Second Gigawatt Scale US Deal Updated On Tue, Jun 20th, 2023 by Saurenergy China based lithium-ion battery manufacturer EVE Energy has signed a deal with American Battery Solutions for 5GWh of LFP lithium-ion cells a year for ABS’s TeraStor platform. The master supply agreement (MSA) will see American Battery Solutions (ABS ESS) procure 5GWh of lithium iron phosphate (LFP) battery cells from Eve for its grid-scale energy storage […] Read more
European Clean Energy Developer TagEnergy Raises €570 MillionTo Drive Growth Updated On Mon, Jun 19th, 2023 by Saurenergy Clean energy developer and investor TagEnergy announced today a major capital injection, the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. The fund raise comes at possibly the best time ever for European RE developers, with a market that […] Read more
DNV Survey Puts Solar plus Storage At Centre OF Future Efficiency, Resilience Updated On Thu, Jun 15th, 2023 by Saurenergy Accelerating solar-plus-storage in the next five years will be important for boosting the efficiency and resilience of global energy networks, according to 92% of energy industry professionals. The finding is from DNV’s Industry Insights research, which surveyed global energy industry professionals on their outlook, expectations and priorities for the year ahead. Frequently referred to as the ‘power […] Read more
Jinko Solar Pitches Storage Solutions With G2 Battery Launch At Intersolar Updated On Thu, Jun 15th, 2023 by Saurenergy JinkoSolar Holding Co., Ltd., one of the largest module manufacturers in the world, today officially launched its Second Generation of the High Voltage Energy Storage Battery into the European market. The upgraded product, JKR-B1250~2750-A (high voltage G2 battery) is a high-performance energy storage system designed for residential and small commercial applications. It features a self-developed […] Read more
Govt Releases Norms for Tariff-Based Bidding Process for RE Power with Storage Updated On Tue, Jun 13th, 2023 by Saurenergy The Ministry of Power recently released a set of guidelines for a tariff-based competitive bidding process for procuring firm and dispatchable power from grid-connected renewable energy power projects with energy storage systems. The document defined renewable power as solar generating systems, wind energy generating systems, or a combination of both, with Energy Storage Systems (ESS). It also […] Read more
Duke Energy in $2.8 Billion Deal with Brookfield Renewable for Commercial Renewables Business Updated On Tue, Jun 13th, 2023 by Saurenergy A key US electricity distributor and generator, Duke Energy has announced reaching reached an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for $2.8 billion. Brookfield is one of the world’s largest owners and operators of renewable power and climate transition assets. Duke Energy’s expected net proceeds from this transaction […] Read more
