Achieving Universal Energy Access by 2030: Can It Be Done? Updated On Mon, Oct 21st, 2024 by Saurenergy Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […] Read more
Sharp Fall In BESS Tender Bids Signals Faster Energy Storage Additions In India Updated On Mon, Oct 21st, 2024 by Saurenergy In the past three months multiple BESS (Battery-based Energy Storage system) tender results have pointed to yet another mini-disruption in the fast-evolving Indian renewable energy sector. Energy storage targets for 2028 might be a lot closer in 2026 itself. The price drops have been attributed primarily to falling lithium cell costs, which have led to […] Read more
CERC Takes Into Account PSPs, Offshore Wind, Changes Transmission Rules Updated On Mon, Oct 21st, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) has made changes to the rules about how costs are shared for using the Inter–State Electricity Transmission System (ISTS) These new rules have been named CERC (Sharing of Inter-State Transmission Charges and Losses) (Fourth Amendment) Regulations, 2024. For power plants that connect to both the national (inter-State) and local […] Read more
Gujarat Set To Build Its First Long Duration BESS Updated On Mon, Oct 21st, 2024 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL), the state electricity regulatory body, has taken the first step to transition from a battery energy storage project to developing its first Long Duration Energy Storage System (LDES) in Gujarat. It has released a draft tender to select developers for an 800 MW (200 MW x 8 Hrs) battery […] Read more
JSW Neo Energy Limited to Acquire Hetero Group RE Portfolio Updated On Mon, Oct 21st, 2024 by Saurenergy JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, signed definitive agreements this week, to acquire three Special Purpose Vehicles (SPVs) from Hetero Labs Limited and Hetero Drugs Limited (Hetero Group). These SPVs collectively hold a cumulative wind energy generation capacity of 125 megawatts (MW). The transaction is subject to the […] Read more
Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects Updated On Fri, Oct 18th, 2024 by Saurenergy JSW Renew Energy Six Limited and JSW Renew Energy Thirty Limited, stepdown subsidiaries of JSW Energy Limited have signed Power Purchase Agreements (“PPAs”) with Maharashtra State Electricity Distribution Company Ltd (“MSEDCL”) for STU-connected Solar-Wind Hybrid Capacity. The company has signed PPAs for two hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. […] Read more
NTPC Announces Winners of 1200 MW Hybrid Tender Updated On Fri, Oct 18th, 2024 by Saurenergy NTPC LImited has now announced the winners of its 1200 MW solar-wind hybrid project tender. As per the details of the tender results, five companies won the tender in different capacities. The lowest bid for the tender was quoted by Rays Power, Refex Green and SAEL Limited. These firms quoted a price of Rs 2.50/kWh. […] Read more
Green Stocks Oct 17: SWREL Sole Stock In Green Updated On Thu, Oct 17th, 2024 by Saurenergy Sterling and Wilson Renewable Energy was the solar stock to end the day’s trading in the green, as our green energy pack buckled along with the broader indices. Premier energies was to suffer the most with a 4% plus fall, even as the others suffered relatively lower losses. The Premier energies case is interesting, coming […] Read more
Green Stocks Oct 16: Sterling & Wilson Stock Continues To Grow Updated On Wed, Oct 16th, 2024 by Saurenergy Days after delivering positive results in Q2, solar EPC company Sterling & Wilson stocks continued to grow in the stock market. The company today also reported a 5 percent increase in its stock price, the highest among the green stocks today. Besides Sterling & Wilson, KPI Green reported a surge of 3.69% in its tock […] Read more
