iFOREST Report Sees Potential For More Ambitious Renewable Targets In Assam Updated On Mon, Apr 1st, 2024 by Saurenergy iFOREST a research-based organization, in a recent report on enabling renewable energy in Assam recognized the steps taken by the Assam government to increase renewable energy (RE) penetration. It considered the states progress since the announcement of the Assam Renewable Energy Policy 2022 (AREP 2022) in November 2022. iFOREST’s research indicates the need for accelerated […] 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
Stonepeak & Shizen Energy To Form Asian Onshore Wind Platform Updated On Wed, Mar 27th, 2024 by Saurenergy Alternative investment firm Stonepeak has completed an investment in TerraWind Renewables, an onshore wind energy platform, in partnership with Shizen Energy Inc, a Japanese renewable energy company. As part of the transaction, Stonepeak has acquired an 80% interest in TerraWind, with Shizen Energy retaining the remaining 20% interest in the business. TerraWind will focus on […] Read more
DERC New Guidelines Lays Costs On Distributors For Under 11kV Project Updated On Wed, Mar 27th, 2024 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) recently amended guidelines that is called Delhi Electricity Regulatory Commission (Group Net Metering and Virtual Net Metering for Renewable Energy) (Fifth Amendment) Guidelines, 2024. These guidelines are expected to come into effect from 1st April 2024 and remain in force till further amendments. The DERC’s recent notification amendment was […] 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
CERC Grants Transmission License For Bikaner-III Neemrana Transmission Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Petitioner, Bikaner III Neemrana Transmission Limited (BNTL) has filed the present Petition for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act, 2003 (hereinafter referred to as “the Act”) read with the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of Transmission Licence and other related […] 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
Adani Electricty Plans To Install 8,500 EV Charges In Mumbai Societies Updated On Thu, Mar 21st, 2024 by Saurenergy Adani Electricity Mumbai Ltd has announced that it has plans to install 8,500 chargers for electric vehicles (EVs) across apartment societies in Mumbai, reported news agency PTI. The Adani group company said it has launched what it calls the “share charge” initiative under which multiple EV owners can charge their vehicles, as was reported by […] Read more