JSW Achieves 3.1 GW Of Locked-In RE Generation Capacity Updated On Mon, Dec 16th, 2024 by Saurenergy Mumbai-based JSW Energy announced securing multiple renewable energy (RE) projects in the Commercial and Industrial (C&I) power market. With this latest project, JSW achieved a total locked-in power generation capacity of 20 GW. The company’s locked-in renewable energy (RE) C&I capacity now stands at 3.1 GW. This includes 2,654 MW of JSW group captive capacity […] Read more
Meghalaya Govt Unveils Policy To Boost Solar, Wind Energy Capacity Updated On Mon, Dec 16th, 2024 by Saurenergy The Meghalaya government recently released its policy to execute and expand solar power generation in the state, aiming to increase its solar power capacity from the current 4.28 MW (Till Nov. 2024). The latest policy released by the state allows short-term power purchases on behalf of the State Distribution Utility, entering into Power Purchase Agreements […] Read more
US To Examine Patent Dispute Between TrinaSolar & Canadian Solar Updated On Fri, Dec 13th, 2024 by Saurenergy Trinasolar US, a global firm working in smart solar products and solutions announced that the United States International Trade Commission (ITC) has voted to institute an investigation as to Trina’s patent infringement complaint against a number of Canadian Solar, Inc. entities (“Canadian Solar”). “Having considered Trina’s complaint, filed on October 23, 2024, the U.S. government […] Read more
Indus Towers, JSW Arm Invest Rs. 38.03 Cr For 130 MW Solar Project Updated On Fri, Dec 13th, 2024 by Saurenergy Indus Tower, a Haryana-based telecom tower company today entered into a power purchase agreement (PPA) with JSW Green Energy Eight Limited, a special purpose vehicle (SPV). Under this agreement, Indus Tower would receive 130 MW of renewable energy from a solar power plant under captive mode. The company also agreed to make approximately Rs 38.03 […] Read more
US Election May Lead To Hike In BESS Costs By 10%: Report Updated On Fri, Dec 13th, 2024 by Saurenergy The latest Wood Mackenzie report shared an update on the United States (US) storage market, which installed 3.8 GW of storage capacity in Q3 2024, reflecting an 80% increase compared to Q3 2023. Among the energy storage mix, the US deployed 3,431 MW/9,188 MWh in the grid-scale segment, marking the largest capacity installation in Q3. […] Read more
Andhra Pradesh EV Policy Boosts Private Investment In EV Manufacturing Updated On Thu, Dec 12th, 2024 by Saurenergy To transform Andhra Pradesh into an electric vehicle (EV) manufacturing hub, the state recently announced its Andhra Pradesh Sustainable Electric Mobility Policy (2024-29). This policy will be in effect for the next five years, promoting quality infrastructure through private investments, fostering urban mobility growth, and reducing transport-sector emissions to achieve carbon neutrality by 2047. The […] Read more
Reliance Subsidiary Wins SECI’s 930 MW Solar, 1860 MWh BESS Project Updated On Thu, Dec 12th, 2024 by Saurenergy Reliance Power Limited (Reliance Power) subsidiary, Reliance NU Suntech Private Limited (Reliance NU Suntech), has won a 930 MW solar contract with a battery energy storage system project (BESS). Reliance secured this project from Solar Energy Corporation of India (SECI) in an e-reverse auction held on 9th December 2024. Reliance NU Suntech’s successful bid for […] Read more
Jevargi, Juniper, Avaada, and ACME Secure 1.2 GW FDRE Tender Updated On Thu, Dec 12th, 2024 by Saurenergy NHPC, has announced the winners of its 1.2 GW Firm and Dispatchable Renewable Energy (FDRE) VI auction. It awarded the bids to four winners: Jevargi Solar Power (Rays Power Infra), Juniper Green Energy, Avaada Energy, and ACME Solar Holdings. The tender for this project was released in June this year, and the results have been […] Read more
Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF Updated On Wed, Dec 11th, 2024 by Saurenergy The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […] Read more