MoP Advises REIAs To Co-Locate ESS With Solar Plants In Upcoming Tenders Updated On Wed, Feb 19th, 2025 by Saurenergy The Ministry of Power (MoP) has released an advisory on the co-location of energy storage systems (ESS) with solar plants. Its latest advisory aims to incorporate a minimum of a 2-hour co-located Energy Storage System (ESS) equivalent to 10% of installed solar capacity in future tenders. The notification stated, “This requirement will help mitigate intermittency […] Read more
MERC’s No To Wind-Solar-Thermal Bundling for OA Consumers In Maharashtra Updated On Wed, Feb 5th, 2025 by Saurenergy In an order that left some hope for a future rethink on the issue, the Maharashtra Electricity Regulatory Commission (MERC) has rejected a plea by the Captive Power Producers Association(CPPA) in the state to direct the key state discom/s to allow bundling of solar, wind and thermal power for use by captive consumers too. MSEDCL […] Read more
GE Vernova Plans $600 Mn Investment To Build US Factories Over Next Two Yrs Updated On Fri, Jan 31st, 2025 by Saurenergy GE Vernova Inc., a US-based energy manufacturer has announced plans to invest nearly $600 million in its US factories and facilities over the next two years to help meet the surging demand worldwide. The new investments – expected to create more than 1,500 new US jobs – will help drive its energy affordability, national security, […] Read more
JSW MG Motor Expands Battery Second Life Partnership With Lico Materials Updated On Fri, Jan 31st, 2025 by Saurenergy JSW MG Motor India, in partnership with LICO Materials, a part of Epsilon Group, has unveiled the Battery Energy Storage System (BESS) as part of its ‘Project Revive’. The advanced BESS comprises repurposed MG ZS EV batteries and highlights the carmaker’s commitment of promoting circular EV economy by embracing innovation. Compared to traditional solutions, this […] Read more
2024: China Installs 8 GW Solar Projects In Belt & Road Countries Updated On Thu, Jan 30th, 2025 by Saurenergy Chinese companies installed 24 Gigawatts (GW) capacity in Belt and Road (B&R) countries in 2024, according to a new report from Wood Mackenzie. This record number doubles the capacity installed in 2023 and is a new high for investment since the initiative was launched in 2013. Notably, renewable energy sources, particularly solar and hydropower, led […] Read more
Tender, Tariff, and Takers: 2024 A Brief Review Updated On Mon, Jan 6th, 2025 by Saurenergy The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […] Read more
Aether Commissions 15 MW Captive Solar Project From KPI Green Updated On Mon, Dec 30th, 2024 by Saurenergy Gujarat-based specialty chemicals firm Aether Industries recently commissioned its 15 MW Solar Power Project (AutoTracker Modules) under the Captive Power Producer (CPP) segment. The company secured this project from the KPI Green. The company stated in a regulatory filing, “The project was awarded to a KPI Green Energy subsidiary. It is now operational and powering […] Read more
HPERC Rolls Out Banking Regulation For Open Access Policy Updated On Fri, Dec 20th, 2024 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) recently released an open access policy to allow connectivity and open access to electricity generated from green/renewable energy sources. It also includes energy generated from non-fossil-based waste-to-energy plants for use of the Intra-State Transmission System (InSTS) or the distribution system of the licensee(s) in the state or both. […] Read more
NHPC Floats 1.2 GW Wind-Solar Hybrid Tender With Greenshoe Option Updated On Wed, Dec 18th, 2024 by Saurenergy In a bid to procure hybrid power, NHPC recently floated a tender to supply 1,200 MW of power from wind-solar hybrid power projects, with a greenshoe option, The tender also said these projects could be established with or without Energy Storage Systems (ESS) anywhere in India. NHPC set 16th January 2025 as the last date […] Read more