Orsted Acquires Ostwind; Eyes Key Markets in Europe Updated On Mon, Jul 25th, 2022 by Saurenergy Renewable energy player Orsted has announced the signing of an agreement with Germany based Ostwind, a leading German developer, owner, and operator of onshore wind and solar power projects in Germany and France. For a consideration of EUR 689 million, Orsted will acquire a 100 % equity interest in OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & […] Read more
Kerala Electricity Board Awards Hero Future Energies 10-MW Battery Storage Project Updated On Mon, Jul 25th, 2022 by Saurenergy Delhi-based renewable energy developer and the renewable arm of the Hero Group, Hero Future Energies (HFE), claimed last week that it has “emerged as a successful bidder” in the tender floated by the Kerala State Electricity Board (KSEB). The tender was for the construction of a 10 MW grid-connected energy storage plant in the state. […] Read more
The Global Battle for Solid-State Battery Leadership Updated On Fri, Jul 22nd, 2022 by Saurenergy With the advent of electric vehicles (EVs), lithium-ion batteries demand grew exponentially and is still growing. In fact, the global lithium-ion battery market size may grow from USD 57 billion in 2020 to USD 200 billion by 2027 at an average CAGR of 20 per cent during the same period. The growth of the market […] Read more
MSEDCL Seeks Approval From MERC For Energy Storage Facility In Unique Bidding Updated On Fri, Jul 22nd, 2022 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) for approval of procurement of 250 MW flexible and schedulable power from renewable energy sources with green-shoe option along with an energy storage facility for 25 years and approval of the related tender documents. Maharashtra State Electricity […] Read more
MERC Turns Down Tata Power Petition Seeking Approval Of Part Commissioning Of Wind Power Project Updated On Fri, Jul 22nd, 2022 by Saurenergy The Petition Tata Power Ltd- Distribution (TPC- D) had filed a petition on March 31, 2022 seeking relaxation of the Request for Selection (RFS) norm and approval for the partial commissioning of 96.15 MW of wind power from a 225 MW Long Term Hybrid Project (RPO). The MERC Mandate As per the mandate of […] Read more
UK Approves 8 GW Offshore Wind Energy Projects Development Updated On Fri, Jul 22nd, 2022 by Saurenergy In a quest to decarbonize the power industry of the United Kingdom, six fixed offshore wind projects, with a potential to generate renewable electricity for more than 7 million homes, have been given the green signal by the Secretary of State for Business, Energy and Industrial Strategy. This will facilitate the UK Government to enter […] Read more
EDP To Add Battery Storage To Floating Hydro-Solar Hybrid Plant In Portugal Updated On Fri, Jul 22nd, 2022 by Saurenergy Hybrid renewable energy projects are on the rise the world over and in the latest addition to this expansion is the combination of a hydropower and floating solar power in Portugal. The Portuguese utility firm Energias de Portugal (EDP), which has developed the hybrid project, has announced that it will add an energy storage system […] Read more
China’s Solar Power Installations Touch Record High Of 31 GW In First Half Of 2022 Updated On Fri, Jul 22nd, 2022 by Saurenergy Installing solar power projects at breakneck speed, China built nearly 31 GW from January to June 2022. This is 137% more than last year during the same period. This trend, unless stopped midway, is extrapolated to clock between 75 GW and 90 GW by the end of this year. According to Wang Bohua, the honorary […] Read more
HPX Crosses 100 MUs Of Traded Power In Month 1 Updated On Thu, Jul 21st, 2022 by Saurenergy The newly launched Hindustan Power Exchange Ltd. (HPX), that commenced operations on July 6, has made a bright start with the exchange claiming a 37% market share of the ‘contingency trading’ market within a fortnite of its launch. Promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, it crossed the100 MUs mark on […] Read more
