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
IKEA Investment Arm Secures Norwegian Offshore Wind Project Updated On Thu, Mar 21st, 2024 by Saurenergy Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […] Read more
Amazon, East Anglia Three Offshore Wind Farm Sign PPA For 159 MW RE Updated On Thu, Mar 21st, 2024 by Saurenergy Amazon recently agreed to procure 159MW from East Anglia Three, developed by Iberdrola, when the site becomes operational. An American multinational technology company collaborated with Iberdrola, which claims to be one of the world’s largest clean energy companies. Amazon expanded its long-term global clean power partnership by signing a renewable energy power purchase agreement (PPA) […] 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
MNRE Notifies Skill Development Scheme For Green Hydrogen Sector Updated On Mon, Mar 18th, 2024 by Saurenergy Ministry of New and Renewable Energy has released guidelines regarding scheme on skilling, up-skilling and re-skilling under the national Green Hydrogen Mission. The scheme aims to undertake a comprehensive skill gap analysis covering key areas of the Green Hydrogen ecosystem continuously along with the creation/updation of a registry of skills as required by the Green […] Read more
“CSH In India Is Best Suited For Heating Applications”, Jaideep Malviya Updated On Thu, Mar 14th, 2024 by Saurenergy Jaideep Malviya is a familiar site for all solar industry professionals and those who track the sector in India. A veteran of the solar movement who shifted his focus towards niche but critical segments like Solar Thermal heating and solar recycling, Malviya has been a passionate advocate for India to adopt these more aggressively. Here, […] Read more
Adani Green Operationalizes First 1 GW Of 30,000 MW Khavda RE Park Updated On Mon, Mar 11th, 2024 by Saurenergy Adani Green Energy Limited (AGEL), the green developer arm of the Adani group, has operationalized cumulative capacity of 1 MW solar energy at the world’s largest RE park at Khavda, Gujarat. With this, AGEL has achieved operational capacity of 9,478 MW and continues its journey to the stated goal of 45,000 MW by 2030. AGEL […] Read more
Tata Group’s Agratas To Build 40 GWh EV Battery Factory In UK Updated On Wed, Feb 28th, 2024 by Saurenergy Agratas, Tata Group’s global battery business, today announced that a battery manufacturing facility will be built by the company in the United Kingdom. In this regard, it announced the location of the facility that will be built in Gravity Smart Campus near Bridgwater, Somerset. According to the company, the facility will have a capacity of […] Read more
World Bank And Japan Sign RISE Pact to Boost Clean Energy Investments Updated On Wed, Feb 28th, 2024 by Saurenergy World Bank and Japan have signed an administration arrangement outlining the terms and conditions to implement the Resilient and Inclusive Supply-chain Enhancement (RISE) Partnership, which was officially launched in October 2023. The agreement was signed between the World Bank Vice President for Infrastructure, Mr. Guangzhe Chen, and the Executive Director for Japan at the World […] Read more