EU Beats 2020 RE Goal, France Lags Behind: Eurostat Updated On Fri, Jan 21st, 2022 by Saurenergy The European Union tapped renewables for 22% of its energy consumption in 2020, beating its 20% target, the EU statistics office, Eurostat, said on Wednesday. The bloc’s 27 countries are increasingly turning to wind, solar and other renewable energy sources as part of efforts to meet the EU-wide ambition of net-zero greenhouse gas emissions by […] Read more
GM Targets H2-Powered Generators in Expansion of Fuel Cell Business Updated On Fri, Jan 21st, 2022 by Saurenergy American multinational automotive manufacturing company General Motors on Wednesday said it plans to expand its hydrogen fuel cell business beyond vehicles by supplying hydrogen-powered generators for uses including at construction sites, music festivals, data centers and the military. The wider application of hydrogen fuel cells will allow General Motors (GM) to leverage and scale existing […] Read more
Siemens Energy Cuts Outlook as Fresh Problems Emerge at Wind Unit Updated On Fri, Jan 21st, 2022 by Saurenergy Siemens Energy on Thursday cut its outlook after wind division Siemens Gamesa warned of prolonged supply chain issues, renewing pressure on the German firm to fully take over the unit in order to get a better handle on its problems. Siemens Energy, which owns 67% in Siemens Gamesa, said it now expects a margin on […] Read more
Power Min Simplifies Rooftop Solar Scheme to Enhance Consumer Access Updated On Fri, Jan 21st, 2022 by Saurenergy Union Power Minister R K Singh has reviewed the progress of the ‘Grid-connected Rooftop Solar Programme’ and given directions for its simplification to enhance consumers’ accessibility to it, the Ministry of New and Renewable Energy (MNRE) said in a recent press release. Following the review done on January 19, 2022, the Minister has directed that henceforth, it […] Read more
Solar Module Making Capacity Set to Soar 400% by FY25: Crisil Updated On Fri, Jan 21st, 2022 by Saurenergy India’s solar module manufacturing capacity is set to rise by almost 400 per cent by fiscal 2025, compared with fiscal 2021, said ratings agency Crisil. The trend will be supported via strong demand, favourable policies, likely improvement in energy efficiency, and price competitiveness, it said. Besides, with the government supporting domestic manufacturers through policy measures, […] Read more
States Leading the Move to Wind Power in the U.S. Updated On Fri, Jan 21st, 2022 by Saurenergy As of 2022, wind power is the largest renewable energy source in the United States. The amount of electricity generated from wind power has grown significantly in the past 30 years. The total installed wind capacity in the United States was over 130 GW by the end of 2021. This was exceeded only by China on […] Read more
IREDA to Get ₹1,500 Cr Equity Infusion to Boost RE Financing Updated On Fri, Jan 21st, 2022 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved the equity infusion of Rs.1500 crore in Indian Renewable Energy Development Agency Limited (IREDA). This equity infusion will help in employment generation of approximately 10200 jobs-year and CO2 equivalent emission reduction of approximately 7.49 Million tonnes CO2/year, said an official […] Read more
Renew Power Ends Search For Storage Partner In JV With Fluence Updated On Thu, Jan 20th, 2022 by Saurenergy Fluence and ReNew power are set to set up local joint venture to boost energy storage sector in India – The new company will provide energy storage solutions to a diversified customer base in the Indian energy market, powered by Fluence’s global experience and ReNew’s pioneering role in the sector. The JV’s first customer will […] Read more
US Firm Uses Solar Energy to Make Sustainable Nitrogen Fertiliser Updated On Thu, Jan 20th, 2022 by Saurenergy California-based Nitricity has created an experimental reactor that produces economical and ecological nitrogen fertilizers using solar energy. Their on-site fertilizer production eliminates the emissions of fertilizer transport and provides a sustainable alternative to the Haber-Bosch process, which uses fossil fuels to fix nitrogen. The nitrogen extracted from the air enables Nitricity to produce nitric acid, […] Read more