News Briefs Aug 21- Quartz Sand Price Drop, Engie’s Victoria PV Plant, Lighsource bp Updated On Wed, Aug 21st, 2024 by Saurenergy Lightsource bp In Tie-up with German Developer for 500MWp Of Solar In Germany Solar and battery storage developer Lightsource bp, which has a target of 500 MW of solar in Germany by 2030, has signed an agreement with German developer Kajoni Energie to build over 500MWp of solar PV capacity in the country. Kajoni will […] Read more
Google in 1.5 GW Pact With Energix For Renewable Power, Credits Updated On Wed, Aug 21st, 2024 by Saurenergy Energix Renewables, a leader in the U.S. renewable energy sector and part of the Energix Group, has announced the signing of a strategic long-term agreement with Google. The agreement will initially cover 1.5GWp of solar project development until 2030. Future expansion options will include, Energix supplying electricity and Renewable Energy Credits (RECs) generated from its […] Read more
Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India Updated On Tue, Aug 20th, 2024 by Saurenergy Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […] Read more
Inox Wind To Scale Up Executions With A New ‘Net Cash Positive’ Tag Updated On Tue, Aug 20th, 2024 by Saurenergy Bolstered by a recent infusion of Rs 900 crores from its parent company, Inox Wind Energy Limited (IWEL), Inox Wind, an Indian wind energy company, is now poised to accelerate its execution pace. The company’s top management recently discussed the increase in its order book. In the latest investors’ call, Devansh Jain, Executive Director of […] Read more
APTEL Accepts SGD As Change In Law, Relief Likely For Developers Updated On Tue, Aug 20th, 2024 by Saurenergy In a case that involved a bunch of similar petitions from developers in Rajasthan executing projects worth 950 MW, and another batch in Andhra Pradesh involving projects worth 750 MW, the Appellate Tribunal for Electricity, has provided some measured relief for the developers involved. The petitions bunched together by the APTEL bench involved the acceptance […] 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
NVVNL Floats Tender For RTS Project At Delhi Gov Buildings Updated On Mon, Aug 19th, 2024 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NVVNL), a subsidiary of NTPC, has issued a tender for the development of a 25.651 MW grid-connected rooftop solar power project. This project is to be implemented on the rooftops of buildings owned by the Delhi Police and other government entities in nearby districts. The deadline for bid submission is […] Read more
Finances Critical To EV Deployment In India: Vaibhav Singh (CSI) Updated On Mon, Aug 19th, 2024 by Saurenergy CSI recently launched its India operations. What are the key areas of focus for CSI in India? We majorly focus on transport, power, and industries—particularly those that are hard to abate. As a research organization, CSI focuses on solution reports, such as financial models that could be adopted by entities like the World Bank. We […] Read more