Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report Updated On Wed, Dec 6th, 2023 by Saurenergy A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […] Read more
India Joins Battery Storage Consortium To Boost BESS Deployment Updated On Mon, Dec 4th, 2023 by Saurenergy India has now joined the Battery Energy Storage Systems (BESS) Consortium, at the ongoing Conference of Parties (COP28) Summit at Dubai. The consortium is an initiative of the Global Leadership Council (GLC) of the Global Energy Alliance for People and Planet (GEAPP). Through the BESS Consortium, India is among the first-mover countries as a part […] Read more
Behind China’s Global Renewable Leadership Updated On Thu, Nov 30th, 2023 by Saurenergy Wood Mackenzie, in its latest projection finds that China is currently on target to reach its 230 gigawatts (GW) of wind and solar installations target this year. With this, the report claims that, China leads the global renewables market. This is more than double the number of US and Europe installations combined, according to latest […] Read more
Rise In Renewables In Europe Can Curb Up to 67% Emissions: Report Updated On Thu, Nov 30th, 2023 by Saurenergy A recent event by Wood Mackenzie shared an analysis on the current growth in Europe’s flexible renewable energy. The report finds that, European power market will see its carbon intensity plummet. It accredits this rise with the change in ambitious climate-energy policies. Moreover, it finds that, flexibility to be key to enable this change, according to […] Read more
Tata Power Receives First Set of BESS for 120 MW Energy Project Updated On Mon, Nov 20th, 2023 by Saurenergy Tata Power has received the first set of Battery Energy Storage Systems (BESS) for 120 MW Energy Project from TATA AutoComp, a conglomerate that provides products and services to the Indian and global automotive OEMs. The BESS is for a capacity of 6 GWh. Dr. Praveer Sinha, CEO & MD, Tata Power received the BESS […] Read more
Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report Updated On Thu, Nov 16th, 2023 by Saurenergy A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally. It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […] Read more
India’s Renewable Capacity Additions In Oct Dip By 65% On YoY Updated On Thu, Nov 16th, 2023 by Saurenergy The latest data from the Central Electricity Authority (CEA) hinted at a slump in India’s renewable capacity additions in October. The monthly installed capacity data of October 2023 revealed that India added a meager new renewable capacity of 349 Megawatt (MW). It contrasts with its green energy capacity additions in the previous years during the period. The […] Read more
India Will Need 60 GW Of Storage By 2030, Says Research Report Updated On Tue, Nov 7th, 2023 by Saurenergy Global Energy Alliance for People and Planet (GEAPP) and RMI released a report on battery storage systems, defining the role of discoms in accelerating battery energy storage in India. The report titled ‘Powering Progress: Batteries for Discoms, A Market Action Report evaluated the accelerating battery energy storage ecosystem in India. It attempted to provide an […] Read more
Financial Impact of Mitigation Policies Centered on Deep Decarbonization Most Severe on These States Updated On Mon, Nov 6th, 2023 by Saurenergy The National Institute of Public Finance and Policy (NIPFP) has released a paper reflecting on ‘Deep De-decarbonization and Regional Equity’ and regional imbalances in India with respect to Variable Renewable Energy. The insightful report has been authored by Sanjay Mitra and Rohan Chandra from the School of Public Policy, IIT Delhi. Impact on states The […] Read more
