European Solar & Storage Set to Grow over 400% by 2025: Study Updated On Mon, Nov 29th, 2021 by Saurenergy The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in 2020 to 12.8 GWh in 2025, announced SolarPower Europe recently. SolarPower Europe has published its annual ‘European Market Outlook for Residential Battery Storage’ report, covering 2021-2025. Analysing […] Read more
Swedish Battery Materials Firm Altris AB Ventures Into China Updated On Fri, Nov 26th, 2021 by Saurenergy China’s vice like grip on battery manufacturing means that firms find it simply impossible to ignore the massive manufacturing and consumption market. The latest is Swedish battery materials company Altris AB which has officially opened its first office in China. The Guangzhou-based team will work to promote the company’s innovative cathode material, Fennac®, to the Chinese […] Read more
UK Fund Gresham House Raises £380m Funding For Storage Projects Updated On Fri, Nov 26th, 2021 by Saurenergy Gresham House Energy Storage Fund has secured a £380m bespoke funding package from NatWest bank with support the growth of its UK energy storage pipeline. Gresham House is a listed specialist alternative asset manager, offering funds, direct investments and tailored investment opportunities. The new funding will help finance seven newly announced battery energy storage projects due […] Read more
Power Ministry Issues Order Extending ISTS Benefits to BESS, Pumped Storage Projects Updated On Thu, Nov 25th, 2021 by Saurenergy In an order dated November 23, the Ministry of Power of the Government of India has notified key changes to its existing orders allowing waiver of ISTS (Inter State Transmission Charges) on Wind and Solar Sources. In the latest version, for Wind, Solar, Hydro PSP (Pumped Storage Projects) and BESS projects commissioned upto 30.06.2025, the […] Read more
US Firm WindESCo Partners with Phoenix Contact for Swarm Tech Updated On Wed, Nov 24th, 2021 by Saurenergy WindESCo, a firm focused on accelerating annual energy production (AEP) for wind turbine stakeholders, has brought renewable components company Phoenix Contact onboard as a strategic technology partner. Phoenix Contact is delivering the ‘Swarm Edge’ component of the swarming solution. Swarm Edge is installed on each turbine to provide data collection and centralized control, enabling WindESCo’s […] Read more
First Solar Bags 5.4GW Module Order from bp & Lightsource bp Updated On Wed, Nov 24th, 2021 by Saurenergy First Solar has won multi-year orders for up to 5.4 gigawatts photovoltaic (PV) solar modules from global solar leader Lightsource bp and integrated energy company bp. As part of the deal, Lightsource bp and bp have placed orders for approximately 4.4GWDC of modules, with options for an additional 1GWDC. Lightsource bp has agreed to procure up […] Read more
Jindal Steel Floats RE Tender to Procure Max 224 MW Updated On Tue, Nov 23rd, 2021 by Saurenergy Jaipur-based Jindal Steel has released a new tender, inviting bids for the procurement of 224 MW of renewable power (solar and non-solar) for interstate or intrastate trading through the open access route. The company aims to meet its additional power requirements due to the expansion of its plant capacity from December 1, 2022, to November […] Read more
Developers Should Be Protected From Abrupt Regulatory Changes Updated On Tue, Nov 23rd, 2021 by Saurenergy Intro: Amid all excitement around the ambitious goals set by PM Modi for the energy market in India, solar firms like Amplus Solar also raise apprehensions about a need for regulatory stability and certainty. These they feel are the key asks, for enabling more investments to flow into the country and, also in ensuring viability […] Read more
TG Regulator Asks Discom to Synchronise Developer’s 3MW Solar Project Updated On Mon, Nov 22nd, 2021 by Saurenergy The Telangana State Electricity Regulatory Commission (TSERC) has favoured solar developer Tejas India Solar Energy Pvt Ltd. in a recent judgement, partly allowing its petition to direct the Southern Power Distribution Company of Telangana Ltd (TSSPDCL) to synchronise the developer’s 3 MW solar power project at Kodakandla substation within 30 days, while rejecting Tejas’ plea for […] Read more
