Norwegian Firm Equinor’s RE Unit Reports Losses in Q3 2022; Net Operating Loss at US$56m Updated On Fri, Oct 28th, 2022 by Saurenergy Government-owned Norwegian firm Equinor has shared that it is witnessing expanding losses from its renewables unit. The losses have been reported in the third quarter 2022 as against the corresponding quarter last year. The renewables arm of Equinor recorded a net operating loss of US$56m in the quarter- more than twice the figure in the […] Read more
Battery Capacity Selection Criteria for Solar PV Energy Storage Systems Updated On Wed, Jul 20th, 2022 by Saurenergy Background In a solar PV energy storage system, battery capacity calculation can be a complex process and should be completed accurately. In addition to the loads (annual energy consumption), many other factors need to be considered such as: battery charge and discharge capacity, the maximum power of the inverter, the distribution time of the loads, […] Read more
Australia Suspends Power Trading In Spot Markets Updated On Thu, Jun 16th, 2022 by Saurenergy In a move meant to cool down ever higher energy prices and ‘hoarding’ so to say the Australian Energy Market Operator (AEMO) has suspended the wholesale electricity spot market across all five participating NEM states in the country. AEMO’s notice states that even as it is shutting the market wef June 15, it has been […] Read more
UK firm Granted £912,000 to use Gravity to Store Energy at Brownfield site Updated On Fri, Feb 25th, 2022 by Saurenergy The UK government’s Department for Business, Energy & Industrial Strategy (BEIS) has granted around £912,000 in funding to London-based Gravitricity, whose patented technology uses gravity to store energy, to enable the company to set up an energy storage project in Northern England. The ‘GraviSTORE’ project is one of the five successful projects chosen under the Longer Duration Energy Storage Demonstration Programme, Stream […] Read more
Stanford Scientists Create New Material for Thin, Lightweight Solar Panels Updated On Thu, Dec 16th, 2021 by Saurenergy A race is on in solar engineering to create almost impossibly-thin, flexible solar panels. Engineers imagine them used in mobile applications, from self-powered wearable devices and sensors to lightweight aircraft and electric vehicles. Against that backdrop, researchers at Stanford University have achieved record efficiencies in a promising group of photovoltaic materials, writes Andrew Myers in […] Read more
Power Consumption Rises 1.3 % to 34.23 B Units in First 10 Days of Dec Updated On Mon, Dec 13th, 2021 by Saurenergy India’s power consumption grew by 1.3 per cent in the first ten days of this month from December 1 to 10 to 34.23 billion units (BU) over the same period a year ago, according to power ministry data. In 2020, power consumption was 33.78 BU during December 1 to 10. In the entire month of December […] Read more
India’s Journey Towards Clean Energy Transition in 2022: Stepped Approach Updated On Mon, Dec 6th, 2021 by Saurenergy By Vishnu Sudarsan, J Sagar Associates Decarbonize, digitise and decantrise is the new mantra for India’s energy transition roadmap. PM Modi’s Paris pledge has given a shot in the arm for the country’s transition plan towards clean energy and to achieve the goal of greening the economy. It provides certainty and visibility to a clean […] Read more
KSERC Approval for 300 MW Solar Buy Exposes Multiple Challenges Facing SECI, Developers Updated On Wed, Nov 17th, 2021 by Saurenergy In an order dated November 15, 2021, the Kerala state electricity regulatory commission (KSERC) finally allowed the state discom, Kerala State Electricity Board (KSEB) to procure 300 MW of Solar power from SECI from its tranche IX solar tenders, at a cost of Rs 2.44/kWh including trading commission. While many will see the order as […] Read more
MSEDCL Tenders for 1250 MW Of Solar Under State Scheme Updated On Mon, Nov 1st, 2021 by Saurenergy Close on the heels of its tender for vendor empanelment for 200 MW of solar rooftop capacity across the state, the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids to procure 1,250 MW of solar power from projects developed in various districts of Maharashtra. The bids are under the state’s own Mukhyamantri Saur […] Read more
