IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
US Department of Energy Allocates $48 Million For Offshore Wind Projects Updated On Fri, Apr 26th, 2024 by Saurenergy The U.S. Department of Energy’s Wind Energy Technologies Office (WETO) announced it intends to issue a Funding Opportunity Announcement (FOA) entitled “Offshore Wind National and Regional Research and Development.” This opportunity will fund $48 million of projects that address several major areas of need for offshore wind, including accelerating research and development of offshore wind […] Read more
News In Brief- Shree Cement, Godawari Motors, Azerbaijan Solar Auction, US New Transmission Rule Updated On Fri, Apr 26th, 2024 by Saurenergy Shree Cement joins RE100 With Commitment to transition To 100% Renewable Electricity by 2050 Shree Cement, one of India’s largest cement producers with an installed capacity of over 56 MTPA, proudly announces its membership in the esteemed RE100 initiative, a global initiative led by Climate Group, advocating for businesses to convert to 100 percent renewable […] Read more
KPI Green Delivers Stellar Q4 and full year Results, 1.23 GW project Pipeline Updated On Fri, Apr 26th, 2024 by Saurenergy Surat-based Solar EPC firm KPI Green Energy has come out with a strong set of Q4 results. Total revenues came in at Rs 293 crores during the quarter, a 59% increase over the corresponding quarter in Fy23. Net profit rose Rs 43 crores, up 36% over the same quarter last year. For the full year, […] Read more
Honda Plans To Establish Electric Vehicle Value Chain In Ontario, Canada Updated On Fri, Apr 26th, 2024 by Saurenergy Honda has announced its plans to establish an electric vehicle value chain in Ontario, Canada. The company announced its plans to build an EV value chain in Canada with an approximate investment of CAD$15 billion (USD$11 billion). It included an investment with joint venture partners, to strengthen its EV supply system and capability to prepare […] Read more
MG Motors Establishes 500 EV Chargers In 500 Days In India Updated On Fri, Apr 26th, 2024 by Saurenergy MG Motors in India has announced that it has set up 500 chargers in 500 days as part of its MG Charge initiative in India. Gaurav Gupta, Chief Growth Officer, MG Motor India said, “MG aspires to do more than provide cutting-edge electric vehicles. This landmark of installing 500 chargers in as many days underscores […] Read more
Schneider Electric Launches BESS For Microgrids Updated On Fri, Apr 26th, 2024 by Saurenergy Schneider Electric US, which describes itself as into digital transformation of energy management and automation, has announced a Battery Energy Storage System (BESS) designed and engineered to be a part of a flexible, scalable, and highly efficient architecture. BESS is the cornerstone for a fully integrated microgrid solution that is driven by Schneider Electric’s controls, […] Read more
Enphase Energy Partners with Octopus Energy in UK For Micro-Inverters, BESS Updated On Fri, Apr 26th, 2024 by Saurenergy Enphase Energy, an energy technology company and supplier of microinverter-based solar and battery systems has announced a partnership with energy and tech company, Octopus Energy Group. The parties will focus on deploying Enphase IQ8 Microinverters and IQ Battery 5P in the United Kingdom. Octopus Energy’s retail customers in the United Kingdom can now integrate Enphase’s […] Read more
BREDA Invites Bids For 200 MW Rooftop Solar Project Across Govt. Buildings In Bihar Updated On Fri, Apr 26th, 2024 by Saurenergy Bihar Renewable Energy Development Agency, (BREDA) has released a tender for grid – connected rooftop solar power plants of various capacity. This project was released under CAPEX model for an estimated capacity of 200 MW at various government buildings in the state of Bihar. BREDA’s tender invited bids through national competitive bidding process (NCB). It […] Read more
