Cabinet Approves Rs 3,760cr For VGF Scheme On Battery Storage Updated On Wed, Sep 6th, 2023 by Saurenergy Union Minister Anurag Thakur said that the Union Cabinet today approved a special scheme of Viability Gap Funding (VGF) for the battery energy storage system manufacturers in India. After the Cabinet meeting, he briefed the media on the issue today in New Delhi. Prime Minister Narendra Modi chaired the meeting. The announcement came days before […] Read more
Govt Releases Framework For Promoting Energy Storage Updated On Mon, Sep 4th, 2023 by Saurenergy The Ministry of Power has now released a detailed framework for promoting energy storage systems (ESS) in the country. The framework includes the promotion of battery storage systems as well as pumped storage systems. The ministry guidelines advocated for a Viability Gap Funding (VGF) of up to 40 percent of the project’s capital cost to make […] Read more
Solar Canals Deliver On Promise, Yet Fail To Find Market Updated On Thu, Jul 6th, 2023 by Saurenergy By-Ravleen Kaur A streak of blue cuts across the yellow landscape as one takes a turn while travelling through the Mehsana district of Gujarat. The dry smell of dust alerts one about the arid zone ahead and the heat is an indication of impending summers in this terrain. Soon, the blue line turns grey with […] Read more
NTPC To Commission Second Part Of Gandhar Solar Project Updated On Tue, Jun 6th, 2023 by Saurenergy NTPC will be commissioning the second part of the Gandhar Solar Power Project developed by the Maharatna PSU. The total capacity of the solar power project is 20 MW and the second part will be 10MW. NTPC revealed in a regulatory filing that the company will add 10 MW of capacity to the project on […] Read more
SECI Issues Tender For 300MW Ground-Mounted Solar Project At Ramagiri In Andhra Updated On Fri, Apr 14th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a tender for a 300 Megawatt (MW) AC ground-mounted solar photo voltaic project at Ramagiri in Andhra Pradesh. The tender said the company winning the bid would also have to ensure operations and maintenance for the initial five years. The SECI planned the domestic, competitive bidding […] Read more
Power Minister R.K. Singh Updates Parliament On Progress With India’s Energy Transition Updated On Wed, Mar 15th, 2023 by Saurenergy Union Minister of Renewable Energy & Power R.K. Singh made a slew of announcements in the Rajya Sabha yesterday, shining the light on the progress made in renewable energy in the country. Here is a look at some important of the relevant news related to renewables. Renewable Energy Installed As on 31.01.2023, the cumulative installed […] Read more
“There is no scheme for ore-refining, converting them into cathode materials” Rajat Verma, CEO & Founder, Lohum Updated On Wed, Mar 1st, 2023 by Saurenergy Powering next-gen li-ion battery mobility and energy solutions, making second lives for batteries a reality through reuse technology, and lithium ion battery recycling, Lohum is proving to be a gamechanger in the battery recycling and repurposing space. Rajat Verma, CEO & Founder, Lohum, offers insights into the battery recycling industry, providing an overview into the […] Read more
State Budget: Kerala to be Home to Hydrogen Train, EV Industrial Park Updated On Sun, Feb 5th, 2023 by Saurenergy Presented by Finance Minister of K.N. Balagopal, the Budget made significant announcements on renewable energy, Green Hydrogen and electric vehicles. The Budget sets sights on initiatives for the establishment of green hydrogen hubs in Kochi and Thiruvananthapuram. The timeline for the achievement of these is over the next two years. An outlay of Rs 200 […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
