IOCL, Panasonic Energy Form JV For EV Batteries Updated On Mon, Apr 1st, 2024 by Saurenergy Indian Oil Corporation Limited and Panasonic Energy, a Panasonic Group Company, have signed a binding term sheet to draw a framework for the formation of a JV for manufacturing cylindrical lithium-ion cells in India in anticipation of expanding demand for batteries for two and three-wheel vehicles and energy storage systems in the Indian market, the […] Read more
Sungrow Moves Ahead On 291MWh BESS Project In South Australia Updated On Thu, Mar 28th, 2024 by Saurenergy Sungrow, the leading PV inverter and energy storage system supplier, was awarded notice to proceed (NTP) from ZEN Energy for the commencement of the 111MW/291MWh Templer’s Battery Energy Storage System (BESS) project in South Australia. The project was planned in partnership with ZEN Energy as the client and Shanxi Electric Power Construction (SEPC) as the […] Read more
RPC, Altea Green Power Ink Deal For 1GW Storage Project In Italy Updated On Tue, Mar 26th, 2024 by Saurenergy Renewable Power Capital (RPC) and Altea Green Power have entered into a development partnership for 1GW of battery energy storage in Italy. Through this partnership, RPC adds a new jurisdiction to its fast-growing European storage pipeline – which now stands at more than 5.5GW, according to a media statement by Renewable Power Capital. The development […] Read more
Atlas Renewable Energy To Develop 200 MW Installed Capacity Chilean BESS Updated On Fri, Mar 22nd, 2024 by Saurenergy Atlas Renewable Energy has announced signing a power purchase agreement (PPA) for the use of a battery energy storage system with the Chilean company COPEC, through its energy commercializer EMOAC for 15 years. According to Atlas Renewable Energy, BESS del Desierto will be one of the largest energy storage projects in Chile and Latin America, […] Read more
MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
UK-Based Statera Secures 670MW Contracts in Auctions Updated On Fri, Mar 22nd, 2024 by Saurenergy In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […] Read more
What Energy Transition Means For Indian Homeowners & Individuals? Updated On Thu, Mar 21st, 2024 by Saurenergy By-Praveen Raju, Janhavi Joshi, and Amoolya Khurana The Government of India highlighted the challenges faced by developing countries to combat climate change at the 2021 United Nations Climate Change Conference (“COP26”) and subsequently presented India’s commitments to the energy transition in the form of Panchamrit i.e., a five-step approach to combat climate change which included […] Read more
Arevon Inks Deal With San Diego Community Power For Avocet Energy Storage Updated On Wed, Mar 20th, 2024 by Saurenergy US-based renewable energy developer Arevon Energy has announced it has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP), California’s second-largest community choice aggregator, for the full capacity of the Avocet Energy Storage Project. The project is a 200-megawatt (MW)/800 megawatt-hours (MWh) stand-alone battery energy storage system (BESS) located in […] Read more
GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K Updated On Wed, Mar 20th, 2024 by Saurenergy GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […] Read more
