India’s Energy Storage Tech Capacity to Reach 180-800 GW by 2050 Updated On Fri, Aug 6th, 2021 by Saurenergy During the last decade, the cost of energy storage technologies, primarily lithium-ion battery energy storage systems (BESS), has declined rapidly and is projected to decline further over the next decade. This comes at a time when electricity grid flexibility is being recognised as an essential resource for reliable operations and for integrating high amounts of […] Read more
Hyundai Partners with UL for Safe Deployment of Second Life BESS Updated On Fri, Aug 6th, 2021 by Saurenergy The South Korean multinational automotive manufacturer, Hyundai Motor Company has partnered with the global safety science leader, UL for the safe deployment and use of second-life battery energy storage systems (SLBESS). A Memorandum of Understanding (MoU), signed during a ceremony at UL’s offices in Seoul, South Korea on July 23, formalized the relationship between the […] Read more
Enel, Fincantieri Will Develop Green H2’s Use in Ports, Sea Transport Updated On Fri, Aug 6th, 2021 by Saurenergy Enel Green Power Italia, a subsidiary of Europe’s biggest utility Enel, and Fincantieri, an Italian shipbuilder, have signed a Memorandum of Understanding (MoU) to develop an integrated solution for the production, supply, management and use of green hydrogen for port areas and long-range maritime transport. “The signing of this agreement,” commented Carlo Zorzoli, Head of Business […] Read more
CESC To Serve Chandigarh Power Needs, As It Wins Distribution License For the UT Updated On Thu, Aug 5th, 2021 by Saurenergy In a stock exchange filing, CESC Limited has informed that Eminent Electricity Distribution Ltd , its subsidiary has placed the highest bid of ₹871 crore to acquire the electricity distribution business for Chandigarh. CESC is the key discom for Kolkata already, besides some other circles. The bid was invited by Chandigarh’s engineering department as part […] Read more
IEX’s Green Term-ahead Market Achieves 76% MoM Growth in July’21 Updated On Thu, Aug 5th, 2021 by Saurenergy Indian Energy Exchange (IEX) traded 7,322 MU volume and clocked 37% year-on-year growth in July 2021, as per the data on power demand published by the National Load Dispatch Centre. Further, national peak demand was registered on July 7, 2021, at 200.6 GW, which recorded a 17.6% YoY increase while the energy consumption at 125.5 BU […] Read more
Li-Ion to Stay The Dominant Storage Standard For India Upto 2030-Report Updated On Thu, Aug 5th, 2021 by Saurenergy According to a report by Gurugram-based research and consulting firm Praxis Global Alliance, Lithium-ion technology will drive growth of stationary storage within Battery Energy Storage Systems (BESS) of India over the next 10 years. The assertion comes even as progress on other battery chemistry’s, be it Sodium ion or even Iron, continues apace. The report […] Read more
NSEFI Welcomes APTEL Judgement Outlawing PPA Curtailment Updated On Thu, Aug 5th, 2021 by Saurenergy The National Solar Energy Federation of India (NSEFI) has welcomed the judgement of Appellate Tribunal For Electricity (APTEL) in the matter of “deemed generation” filed by the NSEFI on the behalf of its members against the Tamil Nadu Electricity Regulatory Commission’s (TNERC) order passed in March 2019, denying the said deemed generation. NSEFI is a […] Read more
GoodWe Adds Another Success Story, In Gujarat This Time Updated On Wed, Aug 4th, 2021 by Saurenergy Inverter firm GoodWe, one of the leading players in the rooftop segment until now, has been making strong progress in the broader C&I space and ground mounted space too. The Saurashtra region of Gujarat, a solar hotspot for India now, with its strategic geographical advantage of abundant sunshine throughout the year has been happy hunting […] Read more
Adani Green Energy Q1 Results Deliver Record Revenues, Profits Over Year Ago No’s Updated On Wed, Aug 4th, 2021 by Saurenergy Adani Green Energy Ltd. [“AGEL”], a part of the Adani Group, today announced the financial results for the quarter ended June 30, 2021. The Operational Performance Snapshot for the period is as follows. Particulars Quarterly performance Q1 FY22 Q1 FY21 % Change Total Income 1,079 878 23% Revenue from Power Supply 848 609 39% Total […] Read more
