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
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
Arevon Inks Deal With San Diego Community Power For Avocet Energy Storage Updated On Wed, Mar 20th, 2024 by Saurenergy US-based renewable energy developer Arevon Energy has announced it has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP), California’s second-largest community choice aggregator, for the full capacity of the Avocet Energy Storage Project. The project is a 200-megawatt (MW)/800 megawatt-hours (MWh) stand-alone battery energy storage system (BESS) located in […] Read more
GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K Updated On Wed, Mar 20th, 2024 by Saurenergy GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […] Read more
UK Invests £400K For National Grid Innovation Projects Under Ofgem Fund Updated On Tue, Mar 19th, 2024 by Saurenergy National Grid Electricity Transmission (ET) a UK-based organisation that maintains high-voltage electricity networks in England was recently awarded £135,000 for a project. This project was undertaken to research new ways to monitor the health of cables in future hybrid AC/DC networks, spot issues in offshore links early, and avoid unplanned outages. They undertook this initiative […] Read more
GoodWe Announces Inauguration of 1st Overseas Manufacturing Base Updated On Mon, Mar 18th, 2024 by Saurenergy Solar Energy Storage Solutions Firm GoodWe has announced the official commencement of operations at its first overseas manufacturing plant in Hai Phong, Vietnam. This new facility also marks the third in GoodWe’s manufacturing network. “It reinforced our dedication to efficiently delivering tailored, high-quality products to its customers worldwide,” the firm said in a statement. The […] Read more
J&K Forms Committee To Implement 12 Crore RE Projects Updated On Fri, Mar 15th, 2024 by Saurenergy The Jammu and Kashmir (J&K) government recently constituted an appraisal committee for renewable energy projects in the state. As per its recent order, the government sanctioned the constitution of the Technical Appraisal Committee (TAC). This TAC was formed for the implementation of renewable energy projects worth more than 12 crores. These projects are expected to […] Read more
Schneider Electric Appoints Arvind Kakru As Vice President of Industrial Automation Updated On Thu, Mar 14th, 2024 by Saurenergy Schneider Electric has appointed Arvind Kakru as the Vice President of Industrial Automation for Greater India Zone. According to a media statement by Schneider. Arvind has over 28 years of extensive experience, having demonstrated strong fiscal, strategic, and operational leadership throughout his career. At Schneider Electric, he will lead the Industrial Automation, Process Automation, and […] Read more
