India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData Updated On Mon, Jul 18th, 2022 by Saurenergy A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […] Read more
Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects Updated On Thu, Jul 14th, 2022 by Saurenergy Global conglomerate Apollo Global Management has revealed that it will be making an investment worth $175 million in Summit Ridge Energy, a leading owner-operator of community solar assets. Since it came into being in 2017, Summit Ridge has formed two joint ventures totaling more than $1 billion in permanent project capital. It has also expanded […] Read more
Ola Electric Announces Domestic Production of Lithium-Ion Battery Cells Updated On Tue, Jul 12th, 2022 by Saurenergy Ola Electric has announced that they have succeeded in making a Li-ion cell indigenously. An important development that will support the Indian EV industry as India doesn’t have much organization in the manufacture of batteries for electric vehicles. Bhavish Aggarwal, the CEO of Ola Electric, revealed the creation of the lithium-ion cell’s success on Twitter […] Read more
Statkraft Increases Renewable Energy Targets, Chases Faster Growth Updated On Thu, Jun 30th, 2022 by Saurenergy Norway’s state owned renewable energy player Statkraft has updated its growth strategy for renewable energy with a new, more ambitious targets towards 2030. The official statement of Statkraft reveals that the strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. Statkraft […] Read more
Energy Dome Launches First CO2 Battery Long-Duration Energy Storage Plant Updated On Mon, Jun 13th, 2022 by Saurenergy Italy based Energy Dome has announced the launch of a commercial long-duration energy storage technology plant in Sardinia. This plant was launched on the 8th of June 2022. It is the world’s first CO2-based Grid-connected battery storage technology. This long-duration energy storage approach will aid in the development of a reliable alternative to fossil fuels […] Read more
South Africa Moves A Step Closer to 540 MW Solar and 1.1 GW Storage With Scatec PPA Signing Updated On Wed, Jun 8th, 2022 by Saurenergy Oslo, Norway headquartered, Scatec ASA has signed a power purchase agreement for three co-located solar and storage projects under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) alongside the South African government. The PPA will run for 20 years. This agreement also included 540MW of solar power capacity. With this, South Africa is one […] Read more
Sungrow Supplies India’s Largest BESS To Tata Power Solar Systems Limited At Leh Updated On Thu, May 26th, 2022 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, has recently completed with Tata Power Solar Systems Limited, India’s largest specialized EPC player, India’s Largest BESS (Battery Energy Storage System) plant in Phyang, Leh, UT of Ladakh. The BESS capacity is up to 60.56 MWh. This plant is located at a high altitude of 3400 […] Read more
Shift To Renewable Is Slow And Unable to Stop Power Cuts In US Updated On Tue, May 10th, 2022 by Saurenergy Electric grid operators across the USA are warning of looming blackouts as companies shift to renewable energy. MISO CEO John Beer has been quoted by a section of media as saying on May 8, “As we go forward, we need to know that when you put in a solar panel or a wind turbine, it’s […] Read more
India-German Agreement On Indo-German Green Hydrogen Task Force Takes Shape Updated On Wed, May 4th, 2022 by Saurenergy As a precursor to Prime Minister Narendra Modi’s official visit to Germany , India and Germany have signed a pact on Green Hydrogen. India’s Union Minister for Power and New and Renewable Energy, RK Singh and German Minister for Economic Affairs and Climate Change, Robert Habeck signed the joint declaration virtually whereby the two countries […] Read more
