The Time for Battery Storage & Green Hydrogen Is Here, Says IEEFA Note Updated On Fri, Oct 22nd, 2021 by Saurenergy A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) states that battery storage and green hydrogen will be vital to India’s energy transition goals, especially the goal of 450 GW of renewables by 2030. “Grid-scale energy storage technologies will play a critical role in India’s decarbonisation journey, helping to integrate the 450 […] Read more
ISA Assembly Concludes With Trillion Dollar Pledge For 2030 Updated On Fri, Oct 22nd, 2021 by Saurenergy The fourth General assembly of the International Solar Alliance (ISA) concluded on October 21 with a pledge to achieve the 1 trillion dollar funding target for creating new solar capacity by 2030. Presided by Union Power and New and Renewable Energy Minister R.K. Singh, who is also the President of the General assembly, the funding […] Read more
Chief Executive Officer Updated On Thu, Oct 21st, 2021 by Saurenergy Applications are invited from eligible Indian nationals for appointment to the post of Chief Executive Officer of EESL to be posted at the Corporate Office of EESL presently in New Delhi. Company Profile: – EESL is a Joint Venture Company of NTPC Ltd., Power Grid Corporation of India Ltd, Power Finance Corporation Ltd. and Rural […] Read more
Sungrow Reaches Milestone for Sending 5 GW in Latin America Updated On Thu, Oct 21st, 2021 by Saurenergy Sungrow, which provides inverter solutions for renewable energy, announced at Intersolar South America 2021, held in São Paulo from Oct. 18-20, that its shipments cumulative sales for Latin America exceeded 5 GW. This demonstrates Sungrow’s commitment to sustainable development and efforts to diversify the local energy sector and decarbonise, said the company. With a continuous […] Read more
Key Highlights From SECI’s RFS for Battery Storage Systems Updated On Thu, Oct 21st, 2021 by Saurenergy SECI’s release of the RFS document inviting submissions for Pilot Projects of 500 MW/1000MWh Standalone Battery Energy Storage Systems in India finally gets the process started on this critical aspect of the future for renewable energy. We bring you some key highlights from the document. At the outset, the RFS, for the first time acknowledges […] Read more
REC Raises 5 Year Loan Of $75 million From SMBC Updated On Thu, Oct 21st, 2021 by Saurenergy In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch appointed as the sole Mandated Lead Arranger and Bookrunner. Along with the loan, REC has also […] Read more
Adani Boosts RE Association With Gallery At London Science Museum Updated On Wed, Oct 20th, 2021 by Saurenergy The prestigious Science Museum in London has announced a landmark new gallery on Tuesday, which will examine how the world can undergo the fastest energy transition in history to curb climate change, with a subsidiary of the Adani Group being the title sponsor. Energy Revolution: The Adani Green Energy Gallery is supported with title funding […] Read more
Replace DG Sets with BESS to Enhance Indian Pwr Grid’s Flexibilty: Study Updated On Wed, Oct 20th, 2021 by Saurenergy “Replacement of DG sets distributed across the country with BESS is the fastest and cheapest route to build flexibility for the Indian grid. The reduction in emissions from DG sets will help meet the NDC targets as well,” states a new study published by India Smart Grid Forum (ISGF). Delivering reliable 24×7 services is the […] Read more
Iberdrola to Invest £6 B in UK Offshore Wind Complex Updated On Wed, Oct 20th, 2021 by Saurenergy Spanish electric utility Iberdrola, through its subsidiary Scottish Power, plans to invest £6 billion in developing an offshore wind complex – East Anglia Hub – in the UK, the company’s biggest investment anywhere in the world and one of the largest offshore wind projects worldwide. Iberdrola’s chairman, Ignacio Galán, announced this undertaking at the Global […] Read more
