News Briefs Aug 21- Quartz Sand Price Drop, Engie’s Victoria PV Plant, Lighsource bp Updated On Wed, Aug 21st, 2024 by Saurenergy Lightsource bp In Tie-up with German Developer for 500MWp Of Solar In Germany Solar and battery storage developer Lightsource bp, which has a target of 500 MW of solar in Germany by 2030, has signed an agreement with German developer Kajoni Energie to build over 500MWp of solar PV capacity in the country. Kajoni will […] Read more
A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER Updated On Tue, Aug 20th, 2024 by Saurenergy A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […] Read more
Finances Critical To EV Deployment In India: Vaibhav Singh (CSI) Updated On Mon, Aug 19th, 2024 by Saurenergy CSI recently launched its India operations. What are the key areas of focus for CSI in India? We majorly focus on transport, power, and industries—particularly those that are hard to abate. As a research organization, CSI focuses on solution reports, such as financial models that could be adopted by entities like the World Bank. We […] Read more
FY25: Waaree Renewable Looks Forward With 2.4 GW Orders Updated On Fri, Aug 16th, 2024 by Saurenergy Waaree Renewable, the EPC arm of the Waaree Group, is now buoyed with a total of 2.4 GW of order book. The company, overwhelmed with its recent orders and its increased interest in government tenders now also expects a plum business for the solar EPC companies in India. The renewable company attributed this to the […] Read more
Delhi’s Grid Flexibility To Cut Peak Demand By 4 GW: RMI Updated On Wed, Aug 14th, 2024 by Saurenergy RMI’s recent report highlighted changes in Delhi’s power grid system, which has utilized grid flexibility technologies to manage and mitigate increasing demand peaks in the city. RMI estimates suggest that by 2030, Delhi could reduce 250–1,350 megawatts (MW) of peak demand through air conditioning (AC) demand response (DR) programs. It is estimated that grid flexibility […] Read more
India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL Updated On Wed, Aug 14th, 2024 by Saurenergy CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […] Read more
Gensol Q1 Results- Revenues Up 105% at ₹297crores, Order Book At ₹5,025 Crore Updated On Tue, Aug 13th, 2024 by Saurenergy Gensol Engineering Limited, a prominent player in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions (BluSmart), today announced its consolidated and standalone financial results for the quarter ended June 30th, 2024 (Q1 FY25). Q1 FY25 Highlights: Total Revenue was ₹297 Crore for Q1 FY25 compared to ₹145 Crore in Q1 […] Read more
Extreme Temperatures: CEA Issues Clarifications To Wind Companies Updated On Mon, Aug 12th, 2024 by Saurenergy The Central Electricity Authority (CEA) has issued clarifications for the wind power companies related to their compliance with the norms related to extreme temperatures. This clarification came to the forth after the Wind Power Producers Association (WIPPA) approached the Ministry of Power. The association had earlier apprised the ministry about the hurdles in obtaining Connectivity […] Read more
Ørsted, Mission Clean Energy To Develop Four BESS Projects In US Midwest Updated On Fri, Aug 9th, 2024 by Saurenergy Ørsted, a leading Denmark based clean energy company, has announced a strategic partnership with Mission Clean Energy (“Mission”), a utility-scale renewable energy and storage developer, to advance four standalone battery energy storage systems (BESS) across the Midwest. The partnership with Mission complements Ørsted’s existing development efforts while broadening and diversifying the portfolio of technologies it […] Read more
