BII, Norfund & IndiGrid Enter 300 Mn Partnership To Expand BESS Project In India Updated On Wed, Nov 13th, 2024 by Saurenergy IndiGrid, a power sector infrastructure investment trust (InvIT), formed a new platform, EnerGrid in partnership with British International Investment (BII), UK’s development finance institution and impact investor, along with the Norwegian Climate Investment Fund, managed by Norfund. This platform focuses on developing greenfield transmission and standalone Battery Energy Storage System (BESS) projects in India. The […] Read more
Q3 2024: Australia Sees $3.3B New RE Projects, Surpasses 2023 Record Updated On Wed, Nov 13th, 2024 by Saurenergy Australia saw strong renewable energy and storage investment in the third quarter (Q3) of 2024. According to the Clean Energy Council’s latest Quarterly Renewables Report. Australia added 1,405 MW of capacity ($3.3 billion) in new large-scale renewable generation projects during Q3 of 2024, exceeding the total in 2023. Currently, over 40 percent of Australia’s electricity […] Read more
Datta Power Plans To Bid For PSPs, Hydro Projects Soon Updated On Mon, Nov 11th, 2024 by Saurenergy Renewable energy company Datta Power Infra is now all set to jump onto the bandwagon of developing Pumped Storage Projects (PSPs) and hydro projects. The top management of the firm said that it is likely to bid for these projects from the next quarter. The company recently won a tender from NTPC for a 700 […] Read more
Hybrid Projects Demand More Planning: Naresh Mansukhani (CEO, Juniper Green) Updated On Fri, Nov 8th, 2024 by Saurenergy Tell us about the journey of Juniper Green in India till now. We launched Juniper Green as a solar-focused platform in 2018, primarily because solar energy is more predictable. During that time wind project tariffs were dropping too low. In 2021, we expanded our capabilities to include wind and storage projects. As a result, we […] Read more
COP29 Needs Clear Roadmap To Spur Lending For RE Projects: IEEFA Updated On Fri, Nov 8th, 2024 by Saurenergy At the 29th Conference of Parties (COP29) in Baku, dubbed the “climate finance COP”, representatives of different countries should deliver key decisions to design policies and regulations and offer institutional support that encourages banks to lend more to the renewable energy sector, a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) states. The […] Read more
Vanilla To BESS: Share of Energy Storage Tenders Goes From 5% To 23% In 10 Ys Updated On Fri, Nov 8th, 2024 by Saurenergy From plain vanilla tenders to Firm and Dispatchable Renewable Energy (FDRE), the Indian tendering system has come a long way. Since 2020, demand for energy storage has surged. With nearly a quarter of tenders now requiring energy storage, the need for Energy Storage Systems (ESS) is gaining momentum. SBI CAPS, in its latest report on […] Read more
RRUVNL Launches Rajasthan’s First BESS Tender For 1000MWh Updated On Thu, Nov 7th, 2024 by Saurenergy To meet its expanding energy needs, Rajasthan’s state power generation company, Rajasthan Rajya Vidyut Utpadan Nigam (RRUVNL), has announced its first standalone Battery Energy Storage System (BESS) tender. This 500 MW/1000 MWh tender, which includes a greenshoe option, will be developed across six locations: Giral Lignite Power Project in Barmer; Suratgarh Thermal Power Station; RVPNL […] Read more
Why NTPC Is Showing Lesser Interest In RTC & FDRE Tenders? Updated On Tue, Nov 5th, 2024 by Saurenergy India’s public sector power giant NTPC Limited has now explained why it is shy when it comes to Round-The-Clock (RTC) and Firm and Despatacble Renewable Energy (FDRE) tenders. The response from the NTPC management came to the fore when a query was raised regarding the lesser participation of the group in renewable tenders. The NTPC […] Read more
SECI Tenders For 1.2 GW RTC Renewable Energy Projects Across India Updated On Mon, Nov 4th, 2024 by Saurenergy SECI, has issued a tender to select renewable power developers to supply 1.2 GW of Round-the-Clock (RTC) power for renewable projects across India. The last date for bids submission is 16th December. With a commissioning time of 24 months, the 4 hour RTC supply will need to maintain a Demand Fulfillment Ratio (DFR) of 80% […] Read more
