GUVNL seeks bids for 500 MW wind projects phase III in Gujarat Updated On Wed, May 11th, 2022 by Saurenergy State electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a tender for the purchase of power through competitive bidding process (followed by reverse e- auction) from 500 MW grid-connected wind power projects to be set up in Gujarat (Phase III) with ‘Greenshoe Option’ of additional upto 500 MW. Key details of the tender […] Read more
Promise To Reality- 5 Battery Breakthroughs That Could Make It To Market Soon Updated On Wed, May 11th, 2022 by Saurenergy Innovation is inevitable. As any technology evolves, so do the expectations with it. Similarly, the battery technology has also been evolving, throughout history, in the desire to make it more efficient, powerful, dependable, sustainable, and whatnot. The lithium-ion batteries-saga itself is as old as 1970s, and is still improvising. However, a big complaint from industry […] Read more
AIIB gives $200 million loan to Bangladesh to develop renewable energy Updated On Tue, May 10th, 2022 by Saurenergy Bangladesh has got a long term credit facility of $200 million from the Asian Infrastructure Investment Bank (AIIB) to develop a range of infrastructure projects top of which stands renewable energy expansion in the country. The renewable energy and electricity infrastructure improvement is to ensure optimal power supplies throughout Bangladesh. The official statement from the […] Read more
World Bank says Pakistan must call for 11GW renewable energy bids Updated On Mon, May 9th, 2022 by Saurenergy Variable Renewable Energy Competitive Bidding Study – a new study by the World Bank – has said that Pakistan will require a call for competitive bidding for over 11 GW of renewable energy solar and wind power plants between the present and 2028. The study stated that this is needed to ensure that the future […] Read more
RUMSL’s 600 MW Omkareshwar Finally Has Winners- AMP Energy, NHDC nd SJVN Updated On Sat, May 7th, 2022 by Saurenergy The much awaited tender for 600 MW floating solar (in two phases of 300 MW each) on the Omkareshwar reservoir in Madhya Pradesh has finally seen AMP Energy, NHDC and SJVN winning with bids of Rs 3.21, Rs 3.22 and Rs 3.26/unit respectively. For AMP Energy and SJVN this is the second project win this […] Read more
Battery Boom Could Redraw Geopolitical Order Updated On Fri, May 6th, 2022 by Saurenergy Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […] Read more
Renewable Energy Supply Increases By 15.5 GW: CEEW-CEF Updated On Fri, May 6th, 2022 by Saurenergy New capacity addition of non-hydro renewable energy increased to 15.5 GW during FY22, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) market handbook on May 6. Compared to 7.7 GW installed in the previous FY, it is quite an improvement. However, it is a poor consolation given India has the […] Read more
Vitesco Technologies gets €2 billion order from Hyundai to deliver EMR4 axle drive Updated On Fri, May 6th, 2022 by Saurenergy Further expanding its axle drive business, Hamburg, Germany based Vitesco Technologies has announced that the company has secured a €2 billion contract to supply its new generation axle drive EMR4 (Electronics Motor Reducer) to Hyundai Motor Group. In March, Vitesco Technologies had announced about the very order in its annual press conference but the name […] Read more
Energy Vault, Two Others Construct Gravity-Based Energy Storage in China Updated On Fri, May 6th, 2022 by Saurenergy Energy Vault Holdings announced the groundbreaking for the first EVx deployment for gravity based energy storage system in China. The 100 MWh EVx system is being built adjacent to a wind farm and national grid site in Rudong located outside of Shanghai to augment and balance China’s national energy grid through the delivery of renewable […] Read more
