REC, German Dev Bank to Finance India’s Power Sector and RE Projects Updated On Thu, Dec 23rd, 2021 by Saurenergy REC Limited has entered into an agreement with KfW Development Bank for availing the Official development assistance (ODA) loan of USD 169.5 million under the Indo-German Bilateral Partnership in accordance with the approval granted by the Department of Economic Affairs, the Ministry of Finance, the Government of India, an official release said. The proceeds from […] Read more
African Nation Namibia to Tender 50-130MW CSP Project Next Year Updated On Thu, Dec 23rd, 2021 by Saurenergy Namibia Power Corporation Ltd (NamPower), the national electric power utility company of the African country Namibia, is planning to issue a tender for a 50MW-130MW concentrated solar power (CSP) with storage project in 2022. The project is expected to require investment of US$600mn-US$1bn, with a target commissioning date set for 2025. The plans were revealed by […] Read more
Exide Industries Announces Lithium Cell Manufacturing Plans Updated On Thu, Dec 23rd, 2021 by Saurenergy India’s largest battery maker Exide Industries has announced its foray into lithium-ion (Li-ion) cell manufacturing with a multi-gigawatt plant planned soon. Exide also has a subsidiary Exide Leclanche Energy Private Limited (under the brand Nexcharge), where Exide recently increased its stake to over 80%. Currently, the firm has a 1.5 GW battery pack assembly plant […] Read more
TotalEnergies Unveils France’s Largest Battery Storage Facility Updated On Thu, Dec 23rd, 2021 by Saurenergy French petroleum refining company TotalEnergies has launched the largest battery-based energy storage facility in France, the company claimed in a recent official statement. Located at the Flandres center in Dunkirk, this site, which responds to the need for grid stabilization, has a power capacity of 61 MW and a total storage capacity of 61 megawatt […] Read more
Belgian Company Develops ‘World’s 1st Offshore H2 Storage Concept’ Updated On Thu, Dec 23rd, 2021 by Saurenergy Tractebel and its partner companies have developed the world’s first offshore infrastructure and processing facilities concept for the storage of hydrogen in offshore caverns, said the Belgium-headquartered consultancy and engineering services provider. The design study, unveiled by Tractebel Overdick GmbH’s offshore experts, seeks to present an innovative solution for large-scale hydrogen storage on the high […] Read more
SECI’s 1110 MW Hybrid Projects Face a Long Delay Due To Uncertainty Over SC Judgement Updated On Wed, Dec 22nd, 2021 by Saurenergy In yet another case involving adoption of tariff after taking into account change in law events, a key SECI project, the 1110 MW (Tranche III) Wind -Solar Hybrid project could be facing a long delay. The letter of award to the winning bidders had been issued on 31/12/2020, ie, almost a year back. The project, […] Read more
Curbs On Banking Of Power Risks Hurting Renewable Producers Updated On Wed, Dec 22nd, 2021 by Saurenergy A briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research asserts that new restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market. This would have a wide ranging impact on India’s national target of 500 gigawatts (GW) of installed renewable capacity by […] Read more
Danish Fund IFU To Invest $34 Million Into Cleanmax Updated On Tue, Dec 21st, 2021 by Saurenergy In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […] Read more
The Advantages of SiC-based Designs And How To Implement Them Updated On Tue, Dec 21st, 2021 by Saurenergy By Giovanbattista Mattiussi, Product Marketing and Dr. Diogo Varajao, Senior System Application Engineer, Infineon Technologies The global trends – such as digitalization and energy efficiency – that have emerged and accelerated in the past few years pose new challenges to the manufacturers as well as the semiconductor market. Developing power semiconductor devices that contribute to […] Read more
