Fire incidents Compel Ola and Pure EV to recall thousands of e-scooters Updated On Mon, Apr 25th, 2022 by Saurenergy The fire incidents in electric vehicles across the country is pushing the electric vehicle manufacturers to recall their EVs as their goodwill stares at a decline. The central government has also formed a panel to examine if the OEMs were negligent in manufacturing the electric vehicles. Now Pure EV and Ola Electric have recalled thousands […] Read more
Power Minister Calls for International Credit Guarantee and RE Bank for RE Development Updated On Mon, Apr 25th, 2022 by Saurenergy While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […] Read more
APTEL Overturns BERC Order In 5 MW RE Project, Restores tariff Of Rs 10.90/kWh Updated On Fri, Apr 22nd, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has recently overturned Bihar Electricity Regulatory Commission’s (BERC) order that rejected a renewable project developer’s plea for extension of the Commercial Operation Date (COD) due to delays created by the procurer. In March 2013, Avantika Contractors India Limited (the project developer) entered into a Power Purchase Agreement (PPA) with Bihar […] Read more
Statkraft inks 300 GWh RE PPA with German cement mfr Updated On Fri, Apr 22nd, 2022 by Saurenergy Statkraft, a hydropower company fully owned by the Norwegian state, has signed a further power purchase agreement (PPA) with OPTERRA, a German cement manufacturer, for the supply of renewable power from onshore wind and solar power. It follows a wind power PPA agreed in 2021 and enables OPTERRA to further transition its plant operations to a […] Read more
Nordex Group receives 1.2 GW turbine orders Q1 2022 Updated On Fri, Apr 22nd, 2022 by Saurenergy Germany-based manufacturer of onshore wind turbines Nordex Group recorded an order intake of 229 turbines with a total capacity of 1,165 MW in the first quarter of 2022 (Q1/2021: 1,247 MW). The share of the efficient and high-margin Delta4000 series amounted to 91 percent (Q1/2021: 73 percent). The Nordex Group received orders from ten European […] Read more
Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
Eolian Gets $925 Million Renewable Energy Financing Updated On Fri, Apr 22nd, 2022 by Saurenergy Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […] Read more
GE unveils turbine tower 3D printing facility in New York Updated On Fri, Apr 22nd, 2022 by Saurenergy Paris-based GE Renewable Energy has inaugurated a new research and development facility that will conduct research on how to 3D print the concrete base of towers used in wind turbines. The research will enable GE to 3D print the bottom portion of the wind turbine towers on-site at wind farms, lowering transportation costs and creating […] Read more
Malawi solar mini-grid shows promise as way of electrifying rural Africa Updated On Fri, Apr 22nd, 2022 by Saurenergy A solar mini-grid in rural Malawi, East Africa, is powering maize mills, a sunflower oil facility and will help a welder in a nearby village expand his business, showing that centralised grid systems are not Africa’s only route towards low-carbon power. Malawi, a landlocked country in southeastern Africa, is defined by its topography of highlands […] Read more
