High Need for Battery Storage to Set Stage for Distributed Energy Storage Systems Updated On Thu, Dec 22nd, 2022 by Saurenergy According to Fact.MR, the global market for distributed energy storage systems is now valued at US$ 4.2 billion and is anticipated to grow quickly from 2022 to 2032, with a CAGR of 9.6%. The market is expected to expand as a result of rising per capita energy consumption and the move toward renewable sources of […] Read more
A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales Updated On Thu, Dec 22nd, 2022 by Saurenergy The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […] Read more
Starting at Rs 32k, AutoNxt Automation Introduces E-Tricycle for Specially Abled Updated On Wed, Dec 21st, 2022 by Saurenergy To help those who lost their livelihoods due to the pandemic, Maharashtra-based technology-driven automotive firm AutoNxt Automation has designed and produced India’s first Smart Electric Tricycle called AzaadE for the specially-abled. Additionally, it has provided the business with cash flow for support at a time when many of them came to a standstill. It has […] Read more
Though India’s RE, EV Subsidies More Than Double in FY22, Support Low Vis-a-vis Ambition Updated On Wed, Dec 21st, 2022 by Saurenergy A study entitled ‘Mapping India’s Energy Policy’ a study conducted by IISD has made significant observations about subsidies in the renewable energy and EV sector and the government support extended to these sectors by way of subsidies. The key observations are as follows: Subsidies for fossil fuels on the declining trend, but RE, EV subsidies […] Read more
ADB Arranges $107 Million for BIM Group to Support Wind Project in Vietnam Updated On Wed, Dec 21st, 2022 by Saurenergy The Asian Development Bank (ADB) has signed a financial package of $107 million with BIM Wind Power Joint Stock Company (JSC) to support the operation of an 88 MW wind energy farm located in Ninh Thuan province of Vietnam. The wind project lies to the south-central coast of the South East Asian country. BIM Wind […] Read more
European Utility Firm Vattenfall to Build Finland’s First Large Offshore Wind Farm Korsnäs Updated On Wed, Dec 21st, 2022 by Saurenergy Swedish state-owned power conglomerate, Vattenfall has said that it has entered into a joint venture with Metsähallitus, is a state owned enterprise of Finland, to build and operate Finland’s first major offshore wind farm. The official statement by Vattenfall held that the project, located at Korsnäs off the Finnish west coast, will have a capacity […] Read more
Punjab Invites Bids for 10 MW Grid Connected Solar Power Plants Tender Updated On Wed, Dec 21st, 2022 by Saurenergy Punjab Energy Development Agency (PEDA) has floated 10 MW grid-connected rooftop or ground-mounted solar power plants under the renewable energy service company (RESCO) model at various locations in the state. The last date for submitting the online bid is January 30, 2023, and the bid will be opened on January 31, 2023. The scope of […] Read more
Global Shipments of Longi’s Hi-MO 5 Modules Exceed 50 GW Updated On Wed, Dec 21st, 2022 by Saurenergy Global solar conglomerate LONGi has announced that, as of mid-December, global shipments of its Hi-MO 5 solar module have exceeded 50 GW. The manufacturer also said that the cumulative shipments are now approaching 100 million panels. The Hi-MO 5, based on 182mm cells, was officially released in June 2020. It offers features such as adaptability […] Read more
Growatt Has New Advanced Battery For Global Energy Storage Applications Updated On Wed, Dec 21st, 2022 by Saurenergy Global distributed energy solution provider, Growatt has announced the release of one-fits-all APX HV Battery which it claims to be a leading innovation in performance, operation, protection and installation. Integrated with the soft-switching parallel connection technology, the new battery solution contributes more energy by eliminating the effect of the energy mismatch between packs. Growatt held […] Read more
