NLC, SB Energy, ReNew Power Develops Maximum Solar Capacity in FY20 Updated On Thu, Apr 23rd, 2020 by Saurenergy Navratna company NLC, SoftBank-backed SB Energy, and ReNew Power, country’s largest renewable energy IPP, were the leading project developers added maximum solar energy capacity in FY20, as per the research and advisory services firm report. On the state level in solar, Rajasthan added a maximum capacity of 1.8 GW, followed by Tamil Nadu with 1.3 […] Read more
European RE Industry Started Recovery from March Low Prices: Report Updated On Wed, Apr 15th, 2020 by Saurenergy The worse hit prices of renewable energy across Europe in March amid coronavirus have shown the signs of recovery in April, says software and advisory services provider firm. Renewable energy prices across Europe took a substantial hit at the beginning of March, falling between 15-30 percent across key markets compared to average prices in February. […] Read more
WoodMac’s Weekly Roundup: Covid-19 Impact on Power, RE Industry Globally Updated On Wed, Apr 15th, 2020 by Saurenergy One of the leading research and consultancy group, Wood Mackenzie (WoodMac) has provided its weekly analysis on the impact of coronavirus on the power and renewable energy industry globally. As per the report preliminary findings, solar and storage are expected to see ~20 percent coronavirus impact as compared to the base case. Whereas onshore wind […] Read more
Technology-led Solns Help Turbine Makers Tap Addl Revenue Opportunities: Report Updated On Mon, Apr 13th, 2020 by Saurenergy The new onshore wind energy installation capacity rose by 17 percent to touch 54.2 GW in 2019, as against previous year, mainly on account of decline in wind turbines’ overall costs, as well as ambitious both national & regional level renewable energy targets, says the business consulting firm. As per Frost & Sullivan, the global […] Read more
Brazil Faces Indefinite RE Auctions Delay of Over 51GW Due to Coronavirus Updated On Mon, Apr 13th, 2020 by Saurenergy Amid the outbreak of Covid-19, the Brazilian government has postponed the national energy generation and transmission auctions of clean energy comprising more than 51 GW which were scheduled for May this year, for an indefinite time frame, said the report. This includes auctions both A-4 and A-6, as well as tenders for the transmission lines, […] Read more
Spending to Counteract Covid-19 Creates Opportunity to ‘Tilt to Green’: Report Updated On Thu, Apr 9th, 2020 by Saurenergy The Covid-19 has diverted attention away from global climate change mitigation, however, the European Bank for Reconstruction and Development (EBRD) economists in the latest report says that efforts to counteract the coronavirus create a chance to “tilt to green” the large-scale recovery spending being pledged, making it a key accelerator towards a low-carbon economy. However, […] Read more
$600Bn to Be Spent on Wind Turbines Globally by 2028: WoodMac Updated On Tue, Apr 7th, 2020 by Saurenergy Despite demand fluctuations, the global wind turbine supply chain is racing towards a USD 600 billion cumulative opportunities by the end of 2028, as said by the global energy research & consultancy firm. However, annual average wind turbine supply is forecast to hit USD 60 billion between 2020 and 2028 – reflecting an increase of […] Read more
Renewables Account for Almost Three Quarters of New Capacity in 2019 Updated On Mon, Apr 6th, 2020 by Saurenergy The renewable energy sector added 176 GW of generating capacity globally in 2019, which is marginally lower than 179 GW added in the previous year. According to data released by the International Renewable Energy Agency (IRENA), new renewable power accounted for 72 per cent of all power expansion last year. IRENA’s Renewable Capacity Statistics 2020 shows that […] Read more
Lithium-Ion Battery Market to Grow at 22.58% CAGR: Report Updated On Fri, Dec 27th, 2019 by Saurenergy The lithium-ion (Li-Ion) battery market is expected to grow at a CAGR of approx. 22.58 percent, during the forecast period between 2018-2025, said Mordor Intelligence in its report. According to the market intelligence and advisory services provider firm, the major factors driving the market includes – emergence of new and exciting markets; via electric vehicle (EV) and energy storage […] Read more
