Highest-ever Boom in Copper Amid Clean Energy Transition: Bloomberg Updated On Mon, May 10th, 2021 by Saurenergy According to recent analysis by Bloomberg, a New York City-headquartered data and media company, copper surged this week to its highest-ever and copper future prices rose as high as $10,440 a ton in London. This follows the boom in copper spread over the past year, which caused prices to double in the period. The year 2011 […] Read more
26% increase in Solar Power Generation in the U.S. in 2020 Updated On Thu, Apr 29th, 2021 by Saurenergy Solar power generation in the US has seen a massive increase in the last twenty years. According to data presented by Trading.Platforms.com, solar power generation in the US increased by 26% year on year in 2020, producing just under 91,000 Million Kilowatt Hours of solar thermal and photovoltaic (PV) power. The data shows that in the […] Read more
Chinese Consortium to Invest and Finance 1.1 GW Solar Farm in Brazil Updated On Thu, Apr 29th, 2021 by Saurenergy The consortium of CDIL & CMEC have entered into a development agreement for the EPC and financing of a 1.1 GW solar project in Brazil The consortium of China Development Integration Limited (CDIL) and China Machinery Engineering Corporation (CMEC) has announced that they have entered into a development agreement in relation to the EPC+F (engineering, […] Read more
Renewables- The Success Story of the Covid-19 Era: IEA Report Updated On Wed, Apr 28th, 2021 by Saurenergy A new report by the International Energy Agency (IEA) has found that the renewables sector has remained the success story of the Covid 19 era and is set to provide more than half of the increase in global electricity supply in 2021, of which China alone is likely to account for almost half of the […] Read more
Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S Updated On Fri, Apr 16th, 2021 by Saurenergy As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […] Read more
IRENA and China State Grid to Advance Transition via Power System Enhancements Updated On Tue, Apr 13th, 2021 by Saurenergy IRENA and State Grid Corporation of China (SGCC) to support grid enhancements, system flexibility and sector-coupling in China and IRENA’s Clean Energy Corridor regions. The International Renewable Energy Agency (IRENA), and the State Grid Corporation of China (SGCC), have signed a new Memorandum of Understanding (MoU) that will see the two organisations work closely to […] Read more
China vs US: The New Battle for Energy Supremacy Updated On Tue, Apr 13th, 2021 by Saurenergy At his first news conference since taking office, US President Joe Biden had said in March that he would outspend China on innovation and infrastructure so that the latter’s dream of superseding the US to become the most powerful and wealthiest country would not come to fruition, at least not on “his watch.” The President’s […] Read more
India’s First Li-ion Battery Plant in Karnataka Updated On Tue, Apr 13th, 2021 by Saurenergy Vikram Handa, son-in-law of steel tycoon Sajjan Jindal, set up Epsilon Advanced Materials Pvt in Karnataka in August last year to become the first manufacturer of lithium-ion battery parts in India. Handa’s investment in the plant will be a whopping Rs 60 billion ($807 million) so that 1 lakh tonnes of synthetic graphite anode can […] Read more
DGTR Initiates Anti-Dumping Investigation on Fluoro Backsheets for PV Modules Updated On Thu, Apr 1st, 2021 by Saurenergy DGTR has initiated an anti-dumping investigation on Fluoro Backsheets used in the manufacturing of solar modules exported from China The Directorate General of Trade Remedies (DGTR) has notified that upon successful application by Renewsys India, it has initiated an investigation to determine the existence, degree and effect of any alleged dumping of Fluoro Backsheets used […] Read more