Guwahati Signs INR 2000 Cr MoU for 250 MW/500 MWh Battery Energy Storage System Updated On Thu, Jan 12th, 2023 by Saurenergy ONGC Tripura Company Ltd and Assam Power Distribution Company Ltd have joined forces for the development of a Battery Energy Storage System Project of 250 MW / 500 MWh capacity in Guwahati. Valued at INR 2000 Cr, the project will be executed in a phased manner. The agreement was signed in the presence of Nandita […] Read more
USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California Updated On Thu, Jan 12th, 2023 by Saurenergy Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […] Read more
Hyderabad’s Greenko to Set Up Pumped Storage Project of 11 GWh in Madhya Pradesh Updated On Tue, Jan 10th, 2023 by Saurenergy Read more
Hyderabad’s Greenko to Set Up Pumped Storage Project of 11 GWh in Madhya Pradesh Updated On Tue, Jan 10th, 2023 by Saurenergy Hyderabad-based clean energy firm Greenko Group is set to invest Rs 10,000 crores in a Pumped Storage Project (PSP). The storage project is to be established near Gandhi Sagar in the Neemuch district of Madhya Pradesh. At present, the firm delves into both wind and solar of capacity of more than 500 MW. These are […] Read more
UK’s Hive Energy to Invest $4Billion for 4 GW of Solar + Storage in Turkey Updated On Tue, Jan 10th, 2023 by Saurenergy The United Kingdom-based Hive Energy has said that it will be investing $4 billion for the development of solar power projects with energy storage facilities in Turkey. As per reports, the firm will be constructing the projects through joint ventures with two partners based out of Turkey itself. Hive Energy is headquartered in Hampshire in […] Read more
Matter Energy and Luminous Power In Partnership For Energy Storage Solutions Updated On Fri, Jan 6th, 2023 by Saurenergy Matter Energy, the Ahmedabad-based technology start-up, has entered into a strategic partnership with Luminous Power Technologies aiming to create a technological breakthrough in the field of home inverters and stationary applications. According to the release, the solution would also encourage many possibilities of generating sustainable energy through domestic solar and wind power generation, storing, and […] Read more
Amendments in Electricity Rules Add Clarity On Energy Storage, Open Access Charges Updated On Wed, Jan 4th, 2023 by Saurenergy In a notification on changes to the Electricity Rules for Consumers, the government has sought to add a level of clarity on charges payable by consumers, as well as the status of energy storage systems. Limit To Open Access Charges The notification starts off by establishing a limit of 20% of the cost of supply […] Read more
China’s Biggest Energy Storage Facility Goes Live Updated On Thu, Dec 22nd, 2022 by Saurenergy A stand-alone energy storage station that has a capacity of 200 MW/400 MWh has been connected to the grid in China’s Ningxia. Chinese conglomerate behind the project Hithium Energy Storage made the announcement. Xiamen Hithium Energy Storage Technology Co., Ltd., is a high-tech enterprise formally established in 2019, specializing in the R&D, production and sales […] Read more
High Need for Battery Storage to Set Stage for Distributed Energy Storage Systems Updated On Thu, Dec 22nd, 2022 by Saurenergy According to Fact.MR, the global market for distributed energy storage systems is now valued at US$ 4.2 billion and is anticipated to grow quickly from 2022 to 2032, with a CAGR of 9.6%. The market is expected to expand as a result of rising per capita energy consumption and the move toward renewable sources of […] Read more
