IEEFA Report on Advances in Electricity Storage Suggest Rapid Disruption of U.S. Electricity Sector Updated On Thu, Jun 20th, 2019 by Saurenergy According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while undercutting coal and challenging fracked gas. The report ‘Advances in Electricity Storage Suggest Rapid Disruption of U.S. Electricity Sector’, details upstart […] Read more
Advances in Storage Disrupting the US Electricity Sector: Report Updated On Wed, Jun 19th, 2019 by Saurenergy According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the US. According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while […] Read more
IEEFA Report on GE Misread the Energy Transition: A Cautionary Tale Updated On Fri, Jun 7th, 2019 by Saurenergy According to a new report, investors in, once the most valuable company in the world, General Electric (GE) lost billions due to the company misjudging the pace of the global energy transition towards renewables. The report by IEEFA, ‘General Electric Misread the Energy Transition: A Cautionary Tale’, highlights GE and its primary shareholders as a case […] Read more
Energy Reforms Crucial For Re-elected Indian Govt: Report Updated On Thu, Jun 6th, 2019 by Saurenergy Further energy reforms are necessary for the newly re-elected Govt of India to meet its target of 275 GW from renewable energy sources by 2027. Although renewable energy installation has seen tremendous progress due to policy initiatives, further energy reforms are necessary for the newly re-elected Government of India to meet its ambitious target to […] Read more
EVs, Batteries Can Drive Solar Rooftop Growth, Says Report Updated On Fri, May 24th, 2019 by Saurenergy In order to boost the growth of renewable energy including solar rooftop, the dropping costs of electric vehicles (EVs) and batteries with equal grid market access can be helpful, says the report released by the Institute for Energy Economics and Financial Analysis (IEEFA). This ‘Electric Vehicles and Batteries Can Drive Growth of Residential Solar’ report […] Read more
Rooftop Solar the Key to India’s 175 GW Renewables Target: Report Updated On Wed, May 8th, 2019 by Saurenergy The report estimates that for the next three years, solar rooftop installations will grow at a compound annual growth rate of 50 percent, suggesting a cumulative 13 GW of installed capacity by FY2021-22. Rooftop solar is the fastest growing renewable energy sub-sector in India but installations must rapidly accelerate if the nation is to meet […] Read more
Renewable Energy Output Exceeds Coal in US for the First Time Updated On Fri, May 3rd, 2019 by Saurenergy IEEFA says the renewable energy sector, which includes hydro, biomass, wind, solar, and geothermal energy, is expected to produce more electricity in the US than coal in both April and in May of this year. According to the EIA’s latest Short-Term Energy Outlook, coal-fired power plants only accounted for 20 percent of total U.S. electricity […] Read more
Tata Power’s Renewable Biz Shines Again; EBITDA Up 35% in Q4 Updated On Fri, May 3rd, 2019 by Saurenergy During the quarter, the Mumbai-headquartered company’s profit after tax (PAT) before exceptional items stood at Rs 259 crore, as against Rs 118 crore. Utility giant Tata Power’s renewable energy business again unveiled a significant growth during the fourth quarter of FY19, as it’s consolidated EBITDA surged 35 per cent to Rs 1,879 crore, mainly driven by […] Read more
Indian Solar Sector Contracts in 2018-19 Updated On Wed, May 1st, 2019 by Saurenergy The Indian Solar sector saw only 6,529 MW addition during the last financial year while Wind energy Sector too recorded a slump in growth. According to the data supplied by the Central Electricity Authority, 2018-19 saw fresh capacity additions to a paltry 6,529 MW as against 9,010 MW in the previous year. The figures show […] Read more
