Vistra Announces Expansion Of California Storage Facility To 3000 MWh Updated On Tue, Jan 25th, 2022 by Saurenergy Vistra today announced that it plans to further expand its Moss Landing Energy Storage Facility in Moss Landing, California. The company has entered into a 15-year resource adequacy agreement with Pacific Gas and Electric Company (PG&E) for a new 350-megawatt/1,400-megawatt-hour battery system. This would complement the existing 400 MW/1,600 MWh of energy storage capacity already at the site. On Jan. 21, 2022, PG&E filed its application with the California Public Utilities Commission (CPUC) […] Read more
APTEL To Decide On Delhi Discoms, Dadri Power Plant Dispute Updated On Mon, Jan 24th, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) will hear on Monday (Jan 24) an NTPC’s plea challenging a Central Electricity Regulatory Commission’s Order, allowing Delhi’s three power distribution companies to exit their power purchase agreements with its Dadri I power plant. Against the CERC Order, the NTPC had earlier approached the Supreme Court, but the apex […] Read more
Renew Power, Fourth Partner In Deal For On Site Solar Assets? Updated On Sat, Jan 22nd, 2022 by Saurenergy Business daily Economic Times has reported a deal between Sumant Sinha led Renew Power and Fourth Partner Energy for the on site solar assets across Renew Power’s renewable installations. The deal is reportedly worth Rs 650 crores, for assets with a capacity of 140 MW spread across 100 locations. For Renew, the 140 MW capacity […] Read more
The Sodium Ion Batteries Behind Reliance’s $135 million Purchase of Faradion Updated On Sat, Jan 22nd, 2022 by Saurenergy When Reliance announced the outright purchase of UK based Faradion Limited on the last day of 2021, it was widely seen as one more brick in the renewable edifice that Reliance has committed itself to. The Faradion investment was the 6th major investment by the firm into technologies or competency in the renewable space. But […] Read more
Power Min Simplifies Rooftop Solar Scheme to Enhance Consumer Access Updated On Fri, Jan 21st, 2022 by Saurenergy Union Power Minister R K Singh has reviewed the progress of the ‘Grid-connected Rooftop Solar Programme’ and given directions for its simplification to enhance consumers’ accessibility to it, the Ministry of New and Renewable Energy (MNRE) said in a recent press release. Following the review done on January 19, 2022, the Minister has directed that henceforth, it […] Read more
Renew Power Ends Search For Storage Partner In JV With Fluence Updated On Thu, Jan 20th, 2022 by Saurenergy Fluence and ReNew power are set to set up local joint venture to boost energy storage sector in India – The new company will provide energy storage solutions to a diversified customer base in the Indian energy market, powered by Fluence’s global experience and ReNew’s pioneering role in the sector. The JV’s first customer will […] Read more
Australia’s Victorian Govt Grants $7 M for H2 Use in Heavy Transport Updated On Wed, Jan 19th, 2022 by Saurenergy The Victoria State Government, Australia, is providing $6.6 million via its Renewable Hydrogen Commercialisation Pathways Fund to six renewable hydrogen projects aiming to clean up heavy transport, buses and industry. The recipients were announced by Victorian minister for Energy, Environment and Climate Change, Lily D’Ambrosio. “Renewable hydrogen is a key part of our clean energy […] Read more
100MW Offshore Wind Plant Launched in Vietnam Amid RE Push Updated On Tue, Jan 18th, 2022 by Saurenergy Vietnam ‘s leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country’s drive for clean energy, the company said on Monday. The 5 trillion dong ($220.17 million as $1 = 22,710 dong) farm in the southern province of Tra Vinh has 25 turbines with installed capacity of […] Read more
EverSource Closes India’s Largest Climate Impact Fund at US$ 741 million Updated On Tue, Jan 18th, 2022 by Saurenergy EverSource Capital (EverSource) has completed the final close of India’s largest climate impact fund, Green Growth Equity Fund (the Fund), at US$ 741 million, making GGEF one of the largest single-country funds focused on Climate change, Mitigation and Adaptation in the emerging markets. EverSource is investing to combat climate change by focusing on the decarbonization of energy and resource […] Read more