The Key To the Next Phase of RE Growth: Evolution of Large-Scale Batteries Updated On Fri, Aug 30th, 2024 by Saurenergy The renewable energy industry has been on a transformative journey over the past few decades. At the heart of this revolution lies large-scale battery storage which is considered to be one of the most critical technological advancements. These batteries have evolved from small, short-duration systems to massive, long-duration powerhouses that are now integral to the […] Read more
NTPC Awards JSW Neo 300 MW Of Hybrid Power Projects Updated On Fri, Aug 23rd, 2024 by Saurenergy JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Award (LoA) for a 300 MW ISTS-connected Wind-Solar Hybrid Power Project from NTPC Limited. JSW Neo Energy got this project against a tariff-based competitive bid and was invited to set up 1,000 MW ISTS-connected Wind-Solar Hybrid Power Projects (NTPC-Tranche-VI). […] Read more
Iron Air battery Maker Form Energy To Build 8500MWh Battery In US Updated On Tue, Aug 20th, 2024 by Saurenergy US based Ion Air battery firm Form Energy, is progressing on plans to convert the former pulp and paper mill in Lincoln, Maine, into one of the largest battery facilities in the world feeding up to 85 MW of power into the grid at a time. Form Energy’s battery project will take comparatively less time […] Read more
A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER Updated On Tue, Aug 20th, 2024 by Saurenergy A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […] Read more
India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL Updated On Wed, Aug 14th, 2024 by Saurenergy CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […] Read more
Green Stocks August 13: Inox Wind Blows Away From the Pack With a 10% Jump Updated On Tue, Aug 13th, 2024 by Saurenergy On a day when the market dived, three green stocks stood out, namely, Adani Green Energy, Suzlon, and Inox Green, which was up a full 10%. Inox Wind in fact, is up 21% in the past month, while Suzlon is also up an even more impressive 47%. All the other stocks dropped, with Waaree and […] Read more
Avaada Signs MoU To Develop 2750 MW Of PSPs In Maharashtra Updated On Mon, Aug 12th, 2024 by Saurenergy Indian renewable project developer Avaada Group has now announced signing of a Memorandum of Understanding (MoU) with the Maharashtra government for the development of two Pumped Storage Projects (PSPs) with a combined capacity of 2,750 MW. This comes at a time when several leading companies in India like Adani Green, Greenko and others are showing […] Read more
Green Stock August 9: Waaree Renewable, KPI Green Continue In Spotlight Updated On Fri, Aug 9th, 2024 by Saurenergy It was yet another day when the two smaller domestic solar EPCs, Waaree Renewable Technologies, and KPI Green Energy, found themselves locked on Upper circuits. Strong Q1 results have acted to catalyse investor interest yet again in these firms, after some fears that they might have run ahead of performance. Tata Power, Shakti Pumps, Adani […] Read more
PM-KUSUM Needs Recalibration To Achieve Targets: CSE Study Updated On Wed, Aug 7th, 2024 by Saurenergy A new report by Centre for Science and Environment (CSE), which focuses on gathering data and information especially from the perspective of farmers on on-ground implementation of the scheme, has offered a roadmap to help PM-KUSUM strike its targets. The report, titled Implementation Challenges of the PM KUSUM Scheme: Case Studies from Selected Indian States, […] Read more
