A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER Updated On Tue, Aug 20th, 2024 by Saurenergy A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […] Read more
India May Add 30 GW Of Renewable Capacities In 2024-25 Updated On Wed, Aug 14th, 2024 by Saurenergy India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […] Read more
India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL Updated On Wed, Aug 14th, 2024 by Saurenergy CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […] Read more
Ørsted, Mission Clean Energy To Develop Four BESS Projects In US Midwest Updated On Fri, Aug 9th, 2024 by Saurenergy Ørsted, a leading Denmark based clean energy company, has announced a strategic partnership with Mission Clean Energy (“Mission”), a utility-scale renewable energy and storage developer, to advance four standalone battery energy storage systems (BESS) across the Midwest. The partnership with Mission complements Ørsted’s existing development efforts while broadening and diversifying the portfolio of technologies it […] Read more
Mangers & Engineer Jobs Updated On Wed, Aug 7th, 2024 by Saurenergy Solar Energy Corporation of India Limited (hereinafter referred to as SECI) is a MINIRATNA Category-I schedule ‘A’ CPSE under the Administrative jurisdiction of the Ministry of New & Renewable Energy. SECI is exclusively dedicated to the development of the RE sector in India and its scope of activities covers all renewable energy sources. SECI invites […] Read more
Study Points Out At India’s Key Role In Energy Transition In Asia Updated On Wed, Aug 7th, 2024 by Saurenergy The Rockefeller Foundation released a new report which talked about the important role played by India in the overall energy transition in Asia. It appreciated the role of the country and deploying renewable energy projects at an ‘unprecedented pace’. The report calculated an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, […] Read more
Bihar Plans To Develop Canal Solar, Issues Tender Updated On Wed, Aug 7th, 2024 by Saurenergy The Bihar State Power Generation Company Limited (BSPGCL) has issued a tender to boost the growth of solar power plants along selected canals (canal solar) in the state. The state nodal department has identified five locations in the state where these plants will be installed. The last date for submission of the bids is August […] Read more
Blueleaf Energy Gets Funding For 200 MW Madhya Pradesh project Updated On Wed, Aug 7th, 2024 by Saurenergy Blueleaf Energy, a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, today announced the financial close of its 200-megawatt (MW) wind-solar hybrid power plant under development in Madhya Pradesh, India. Blueleaf has secured project financing of approximately USD 170 million from Axis Bank for the project, which has secured grid access […] Read more
Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium Updated On Tue, Aug 6th, 2024 by Saurenergy International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […] Read more
