Wärtsilä to Set Up Netherlands’ Largest Energy Storage System Updated On Mon, Dec 27th, 2021 by Saurenergy Technology group Wärtsilä will supply a 25-megawatt (MW) / 48-megawatt hour (MWh) energy storage system to GIGA Storage BV in the Netherlands to help stabilise the electric grid. This will be Wärtsilä’s first energy storage project in the Netherlands and it will be the country’s largest system to date. The order was booked to Wärtsilä […] Read more
Japan selects Mitsubishi Corp-led consortiums for 3 offshore wind projects Updated On Mon, Dec 27th, 2021 by Saurenergy Japan’s industry and land ministries have selected three consortiums, all led by Mitsubishi Corp, as the operators for three offshore wind power projects in Akita, northern Japan, and Chiba, near Tokyo, they said on Friday. The announcement is the second set of results of government auctions for offshore blocks under a new law to promote […] Read more
Could 2022 be Offshore Wind’s Year Of Acceptance and Growth? Updated On Mon, Dec 27th, 2021 by Saurenergy In our year end specials, we caught up on two key developments in the offshore wind space. ‘Farms’ located over 70 kms from shore, in China and in Europe, supplied their first power, and in the new year, are expected to go online formally. That these are located in two of the world’s key regions […] Read more
BPCL Signs Pact with SECI to Install 10GW RE Capacity by 2040 Updated On Mon, Dec 27th, 2021 by Saurenergy Fuel retailer Bharat Petroleum Corporation (BPCL) announced it has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI) to set up 10 Gigawatt (GW) of renewable energy capacity by 2040. The move is also significant in that BPCL has been marked out for disinvestment or complete privatisation by the government, in […] Read more
Coal Demand Rises In India, IEA Says Net Zero Should Have Stronger Implications Updated On Fri, Dec 24th, 2021 by Saurenergy The IEA’s Coal 2021 report shares worrying insights for India. The global power generation from coal is expected to take a leap by 9% in 2021, after consecutively falling in the previous two years. An all-time high of 10,350 terawatt-hours is the demand so far. India is the second-largest producer, consumer and importer has received […] Read more
Axitec Launches 540W Module For India, Focus on Large Projects Updated On Fri, Dec 24th, 2021 by Saurenergy AXITEC, one of the few German Solar PV brands that has survived the competition from China has an interesting approach to manage operations. With its headquarters and core engineering team in Stuttgart in Germany supporting the manufacturing capacity of 1 GW, which itself is spread across key markets including EU, China, Vietnam, Cambodia and India. […] Read more
New EU Rules On Energy Projects Focus on Flexibility, Climate Change Updated On Fri, Dec 24th, 2021 by Saurenergy The European Commission has endorsed the new Climate, Environmental Protection and Energy State Aid Guidelines (CEEAG). to ensure that its state aid rules play their full role in supporting the European Green Deal, according to a recent announcement. Back in February, the European Commission (the executive branch of the European Union) organised a conference about how […] Read more
REC, German Dev Bank to Finance India’s Power Sector and RE Projects Updated On Thu, Dec 23rd, 2021 by Saurenergy REC Limited has entered into an agreement with KfW Development Bank for availing the Official development assistance (ODA) loan of USD 169.5 million under the Indo-German Bilateral Partnership in accordance with the approval granted by the Department of Economic Affairs, the Ministry of Finance, the Government of India, an official release said. The proceeds from […] Read more
Exide Industries Announces Lithium Cell Manufacturing Plans Updated On Thu, Dec 23rd, 2021 by Saurenergy India’s largest battery maker Exide Industries has announced its foray into lithium-ion (Li-ion) cell manufacturing with a multi-gigawatt plant planned soon. Exide also has a subsidiary Exide Leclanche Energy Private Limited (under the brand Nexcharge), where Exide recently increased its stake to over 80%. Currently, the firm has a 1.5 GW battery pack assembly plant […] Read more
