Waaree Energies Recognized In RETC PV Benchmarking Report Updated On Fri, Sep 13th, 2024 by Saurenergy Indian solar module manufacturer Waaree Energies Limited today announced its inclusion in the RETC PV Benchmarking Report 2024. The company said that it was only Indian solar panel manufacturer included in this report. Waaree Energies Limited has been rated as the overall highest achiever in the PVMI Report 2024. This award has been presented during […] Read more
SECI Issues Fresh FDRE Tender For 8 GWh (2GW x 4 hours) Updated On Fri, Sep 13th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has announced a Firm and Dispatchable Renewable Energy (FDRE) tender for peak supply totaling 8,000 MWh (2,000 MW x 4 hours). The project will be developed on a Build Own Operate (BOO) basis. SECI intends to sign a Power Purchase Agreement (PPA) with the successful bidders for a […] Read more
NHPC Discovers Lowest Tariff Of Rs. 4.37 For 1.2 GW FDRE Project Updated On Fri, Sep 13th, 2024 by Saurenergy NHPC has announced the winners of the 1.2 GW solar project under Tranche II. It allocated the project to five successful bidders: Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy. According to the tender results, NHPC allocated Essar, Juniper, and Serentica 300 MW, 200 MW, and 150 MW of capacities […] Read more
REI 2024 To Be Bigger Than Ever With a Strong Domestic Presence: Julian Thomas Updated On Mon, Sep 9th, 2024 by Saurenergy Can you provide an overview of what attendees can expect at REI Expo 2024 and how it differs from previous editions? The REI Expo aligns with national and international renewable energy goals, supporting government initiatives aimed at increasing the share of renewables in the energy mix and achieving sustainability targets. The Expo brings together stakeholders […] Read more
The Rise Of BESS: The ‘Age of Batteries’ Draws Closer Updated On Fri, Sep 6th, 2024 by Saurenergy BESS (Battery Energy Storage System) technology has emerged as a key product for transforming as well as storing, distributing the excess green electricity for later use and for reducing the emissions of CO2. According to the International Energy Agency (IEA), World Energy Outlook 2024 Report, in 2023 battery storage in the power sector was the […] Read more
Honeywell Commissions Microgrid BESS At Lakshadweep Updated On Fri, Sep 6th, 2024 by Saurenergy Honeywell Automation India Limited (HAIL) has successfully delivered and commissioned a cutting-edge Battery Energy Storage System (BESS) for the Solar Energy Corporation of India’s (SECI) project in the Lakshadweep Islands. This marks India’s first on-grid solar project to incorporate BESS technology. The Lakshadweep Islands project is a significant step toward the decarbonization of energy supplies […] Read more
NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs Updated On Wed, Sep 4th, 2024 by Saurenergy On September 3, State owned NHPC (National Hydroelectric Power Corporation Private Limited) said that it has re-entered a memorandum of understanding (MoU) with the Maharashtra’s Department of Water Resources (WRD) for 7,350 MW renewable energy storage systems. The MoU aims to establish energy storage systems, specifically pumped storage projects (PSPs), in the state of Maharashtra. […] Read more
L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment Updated On Mon, Sep 2nd, 2024 by Saurenergy Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […] Read more
Renewables Contribute Only 4% To NTPC’s Turnover in FY24 Updated On Mon, Sep 2nd, 2024 by Saurenergy According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […] Read more
