Atlas Renewable Energy To Develop 200 MW Installed Capacity Chilean BESS Updated On Fri, Mar 22nd, 2024 by Saurenergy Atlas Renewable Energy has announced signing a power purchase agreement (PPA) for the use of a battery energy storage system with the Chilean company COPEC, through its energy commercializer EMOAC for 15 years. According to Atlas Renewable Energy, BESS del Desierto will be one of the largest energy storage projects in Chile and Latin America, […] Read more
Govt Amends ALMM Norms On Module Threshold Efficiency Updated On Fri, Mar 22nd, 2024 by Saurenergy In its latest notification, the Ministry of New and Renewable Energy (MNRE) has amended its ALMM norms for solar module manufacturers. The new revised norms apply to all the solar module manufacturers enlisted under the Approved List of Models and Manufacturers of Solar Photovoltaic Modules (ALMM). According to the latest list from the MNRE, 82 […] Read more
MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
CERC Grants Transmission License For Bikaner-III Neemrana Transmission Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Petitioner, Bikaner III Neemrana Transmission Limited (BNTL) has filed the present Petition for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act, 2003 (hereinafter referred to as “the Act”) read with the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of Transmission Licence and other related […] Read more
UK-Based Statera Secures 670MW Contracts in Auctions Updated On Fri, Mar 22nd, 2024 by Saurenergy In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […] Read more
IKEA Investment Arm Secures Norwegian Offshore Wind Project Updated On Thu, Mar 21st, 2024 by Saurenergy Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […] Read more
Amazon, East Anglia Three Offshore Wind Farm Sign PPA For 159 MW RE Updated On Thu, Mar 21st, 2024 by Saurenergy Amazon recently agreed to procure 159MW from East Anglia Three, developed by Iberdrola, when the site becomes operational. An American multinational technology company collaborated with Iberdrola, which claims to be one of the world’s largest clean energy companies. Amazon expanded its long-term global clean power partnership by signing a renewable energy power purchase agreement (PPA) […] Read more
Cyantron & Fasmho Energy Ink Deal For High-Voltage Battery Systems Updated On Thu, Mar 21st, 2024 by Saurenergy Electric Vehicles battery management firm Cyantron and Fasmho Energy have announced their partnership, focusing on advanced battery packs aiming to develop and manufacture custom intelligent energy storage solutions, particularly for non-stationary high voltage energy systems like e-buses and e-trucks. According to a media statement by Cyantron, Fasmho Energy and Cyantron Synergies plan to co-develop battery […] Read more
Adani Electricty Plans To Install 8,500 EV Charges In Mumbai Societies Updated On Thu, Mar 21st, 2024 by Saurenergy Adani Electricity Mumbai Ltd has announced that it has plans to install 8,500 chargers for electric vehicles (EVs) across apartment societies in Mumbai, reported news agency PTI. The Adani group company said it has launched what it calls the “share charge” initiative under which multiple EV owners can charge their vehicles, as was reported by […] Read more