DIF Capital Becomes Majority Shareholder in Solar Platform ib vogt Updated On Thu, Oct 21st, 2021 by Saurenergy DIF Capital Partners (DIF), a global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an agreement to acquire a 51% stake in ib vogt GmbH, a developer of utility-scale PV solar, from its current 100% shareholder DVV. ib vogt has a total solar capacity, built or in construction, of over 2.2 […] Read more
Key Highlights From SECI’s RFS for Battery Storage Systems Updated On Thu, Oct 21st, 2021 by Saurenergy SECI’s release of the RFS document inviting submissions for Pilot Projects of 500 MW/1000MWh Standalone Battery Energy Storage Systems in India finally gets the process started on this critical aspect of the future for renewable energy. We bring you some key highlights from the document. At the outset, the RFS, for the first time acknowledges […] Read more
John Kerry Gives a Huge Solar Endorsement at ISA Assembly Keynote Updated On Thu, Oct 21st, 2021 by Saurenergy At the International Solar Alliance’s (ISA) fourth general assembly, John Kerry, U.S. Special Presidential Envoy for Climate and 68th U.S. Secretary of State, delivered the keynote address. In his address, Kerry highlighted the opportunities in the solar sector towards climate action and India as an investment destination for solar power. 106 countries are participating in […] Read more
Storage Major Fluence Energy Targets $744 Million IPO Updated On Wed, Oct 20th, 2021 by Saurenergy Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change. The company, a joint venture between Germany’s Siemens AG (SIEGn.DE) and U.S.-based AES Corp (AES.N), […] Read more
SECI Kicks Off Storage Push With EOI For 1 GW Project Updated On Mon, Oct 18th, 2021 by Saurenergy SECI has been given the go ahead for inviting expression of interest for installation of 1000 MWh Battery Energy Storage System (BESS) as a pilot project. This is the joint effort of both Ministry of New and renewable energy and Ministry of Power who have been working on this to provide a road map for […] Read more
Reliance In Deal With Stiesdal To Develop And Manufacture Electrolysers Updated On Thu, Oct 14th, 2021 by Saurenergy Continuing with its slew of deal making this week, Reliance New Energy Solar (RNESL), a subsidiary of Reliance Industries has announced a partnership with Danish company Stiesdal A/S to develop and manufacture hydrogen electrolysers. These are the final, critical part of the chain to produce green hydrogen, with energy for the electrolysers coming from renewable […] Read more
Co-Investing and Developing Green Technologies Only Pathway For India To Achieve Net Zero: Report Updated On Wed, Oct 13th, 2021 by Saurenergy India’s net zero goals, where the country has firmly resisted any pressure to provide a deadline, was the focus of a report by the Council on Green Energy and Water (CEEW). The report posits that India’s total installed solar power capacity would need to increase to 5630 gigawatt (GW) if it were to commit to […] Read more
RUMSL Floats Consultancy Tender for 950MW Solar+Battery Park in MP Updated On Mon, Oct 11th, 2021 by Saurenergy Rewa Ultra Mega Solar (RUMSL), a joint venture of the Solar Energy Corporation of India Limited (SECI) and Madhya Pradesh Urja Vikas Nigam (MPUVNL), has invited bids from consultants for transaction advisory services for a 950 MW ground-mounted solar PV park with battery energy storage solution (BESS) at Chhatarpur district, Madhya Pradesh. The deadline for […] Read more
ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in US Updated On Mon, Oct 11th, 2021 by Saurenergy ESS, a U.S. manufacturer of long-duration batteries, has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of […] Read more
