CERC Grants HPX Additional Time To Appoint MD, Independent Director Updated On Thu, Dec 7th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, asked the Hindustan Power Exchange Limited (HPX) to appoint a Managing Director and an Independent Director by the end of March 31, 2024. The order was passed to ensure CERC’s Power Market Regulations (PMR) 2021 compliance. The order came to the fore when the power exchange company […] Read more
Engie & Canadian Solar to Charge up UK Energy Storage Sector with 226 MWh BESS Updated On Thu, Dec 7th, 2023 by Saurenergy French utility firm Engie has joined hands with Canadian Solar’s storage arm, e-STORAGE for two battery projects located in Scotland. e-STORAGE will be responsible for delivering 226 MWh DC of turnkey energy storage solutions to Engie in Scotland. Under the EPC, (Engineering, Procurement, and Construction) agreement, e-STORAGE will construct the two energy storage projects, boasting […] Read more
Global Solar Capacity Can Touch 75,000 GW by 2050 With Energy Storage: ISA Updated On Wed, Dec 6th, 2023 by Saurenergy A latest report from the International Solar Alliance (ISA) and Long-Distance Energy Storage (LDES) Council projects a target of 75,000 gigawatts (GW) of solar capacity by 2050. Their target is to provide long-term energy storage to fully realize the potential of these solar installations for complete decarbonization. LDES is estimated to become a $4 trillion […] Read more
Goldi Solar Gets 190 MW Module Order From ENGIE India Updated On Wed, Dec 6th, 2023 by Saurenergy Indian solar module manufacturer Goldi Solar, bagged a Modules Supply Agreement (MSA) with ENGIE India, a subsidiary of the France-based ENGIE Group—a global player in low-carbon energy and services. The agreement entails the supply of 190 MW of modules for ENGIE India’s upcoming Sayla village project under a 25-year solar power purchase agreement with Gujarat […] Read more
Kia Partners With 5 EV Charging Firms To Boost Charging Infrastructure Updated On Wed, Dec 6th, 2023 by Saurenergy Automotive company Kia India has now partnered with five electric vehicle (EV) charging station operators to boost charging infrastructure for its customers. The new partnership allows the Kia and other EV consumers to easily locate these charging stations across the country with their dedicated mobile app and get relief from the range anxieties. The company […] Read more
Log9, TORK Motors Partner To Boost Interoperable Charging Infrastructure Updated On Wed, Dec 6th, 2023 by Saurenergy Battery pack manufacturer Log9 Materials and Indian electric motorcycle manufacturer TORK Motors announced partnership to promote interoperable charging infrastructure in India under the Bharat Charge Alliance (BCA) initiative. Both Log9 and TORK Motors are members of BCA. Log9, introduced Type 6-Bharat LEV fast charging across its new battery platforms in the 2W/3W space. Type 6 […] Read more
For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework Updated On Tue, Dec 5th, 2023 by Saurenergy India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […] Read more
Sharad Mahendra to Step Into Joint Managing Director & CEO Role at JSW Energy Updated On Tue, Dec 5th, 2023 by Saurenergy JSW Energy Ltd has appointed 57 years old Sharad Mahendra as its Joint Managing Director & CEO. The statement from the firm read as, “”Mahendra shall be the Joint Managing Director & CEO and a Key Managerial Person of the Company with effect from February 1, 2024. He will take on the role of CEO […] Read more
Sungrow To Supply South Africa’s First Hybrid Wind-Solar-Battery Project Updated On Tue, Dec 5th, 2023 by Saurenergy Global solar inverter player Sungrow signed a supply agreement with French renewable energy group EDF Renewables, to provide 264MWh liquid-cooled energy storage systems and MV transformers, for the Umoyilanga project – South Africa’s first wind-solar-storage integrated hybrid virtual power plant (VPP). EDF Renewables, and privately held investment company Perpetua Holdings (Pty) Ltd, won the Umoyilanga […] Read more
