Our Energy Storage Unit A Better Alternative To Li-Ion Batteries: Vijay Prateik, CEO, DeMITasse Energy Updated On Wed, Aug 16th, 2023 by Saurenergy Vijay Prateik is the Co-founder and Chief Executive Officer (CEO) of DeMITasse Energies. Prateik is an alumnus of IIT-Bombay and the Massachusetts Institute of Technology (MIT). His company was also incubated at IIM-Bangalore. His startup, founded in 2016, uses thermo-chemical mechanisms for storing energy for longer durations. It claims that the firm’s technology can aid […] Read more
The Top 5: Improbable Energy Storage Possibilities Turned into Reality Updated On Wed, Aug 9th, 2023 by Saurenergy The storage for renewable energy in particular has become one of the main talking points in the energy industry across the globe for the sake of transition to a green future. Intermittent energy sources like wind and solar power often lack the ability, or fall short in their capacity, to accommodate postponed usage. Thus, there […] Read more
West Bengal Issues Tender for 900 MW Pumped Storage Project Updated On Thu, Jul 27th, 2023 by Saurenergy The West Bengal government has floated a tender inviting bids for development and operation of the Bandu Pumped Storage Project- a 900 MW capacity power project. It will be executed through a public-private partnership. The project, located in the Ajodhya Hill Area of Purulia district, is valued at close to INR 4,700 crore with project […] Read more
DIF Capital Partners Commits £200M Investment in Field’s Battery Energy Storage Updated On Tue, Jul 25th, 2023 by Saurenergy DIF Capital Partners, via its DIF Infrastructure VII fund, has announced a £200 million investment into Field, a London-headquartered dedicated developer and operator of battery energy storage systems. The investment’s primary objective is to support Field in expediting the development and expansion of its 4.5 GWh pipeline of grid-scale battery energy storage projects in the […] Read more
NLC India in Talks with Andaman for 20 MWh Storage System Updated On Mon, Jul 24th, 2023 by Saurenergy NLC India is in discussions with the Andaman and Nicobar authorities for the establishment of a 20 MWh storage battery system. The islands are currently dependent on diesel generators, with the systems helping meet 95% of the energy requirement and the remaining 5% from hydropower. “South Andaman has a 20 MW solar plant and an 8 […] Read more
Eku Energy Secures Exclusive Rights for 1 GW Battery Storage Projects in Italy Updated On Thu, Jul 13th, 2023 by Saurenergy The energy storage developer Eku Energy has signed a Framework Agreement with Renera Energy, a European consulting, trading and development group, securing the former exclusivity over 1 GW of battery storage projects in Italy. As part of the agreement, Eku Energy is already funding projects with a combined capacity of over 100 MW in the […] Read more
NTPC Issues Tender To Develop 2GW of Pumped Hydro Energy Storage Projects Updated On Wed, Jul 12th, 2023 by Saurenergy NTPC Renewable Energy Limited (NREL) has issued a tender seeking bids from eligible bidders to develop Pumped Hydro Energy Storage projects upto 2000 Megawatt (MW). The tender document said that these projects could be located in any part of the country. NREL has mulled developing such projects with a 25-year design life which can give six hours […] Read more
UK’s First-Ever Bankable, Unsubsidized Solar & Storage Project in the Offing Updated On Wed, Jul 12th, 2023 by Saurenergy DIF Capital Partners, a global independent fund manager and Pexapark, an advisory firm specializing in renewable energy, have now partnered to make UK’s first-ever bankable and unsubsidized solar and storage project. A Power Purchase Agreement (PPA) for ten years in this regard has already been signed. As per the mandate, the two firms would help […] Read more
Serentica Renewables Enters into 1,500 MWhr Energy Storage Contract with Greenko Updated On Mon, Jul 10th, 2023 by Saurenergy Serentica Renewables, a C&I focused renewable energy developer in India, has announced that it has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenko’s unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity from its upcoming energy […] Read more
