Sustenance of US Coalfield Communities Hinges on Extension of Solar Tax Credit: Report Updated On Thu, May 2nd, 2019 by Saurenergy The note also adds that the issue is not restricted only to tribal lands. Many coalfield communities nationally are also struggling as coal plants and mines are retired or shut down. The federal solar tax credit should be extended by at least four years in coalfield areas, like the ones around the Navajo Generating Station […] Read more
Solar Pumps Sales Projected to Prosper at 11.7% CAGR Until 2027 Updated On Tue, Apr 16th, 2019 by Saurenergy The global sales of solar pumps have been projected to prosper at 11.7 percent CAGR between 2017 and 2027, as India prepares to take centre stage with robust applications in irrigation. A new research report has estimated that the global solar pumps market will reach up from a value of $822 million in 2017 to a value […] Read more
Transition to 100% RE by 2050 ‘Cost-Effective’: EWG Study Updated On Mon, Apr 15th, 2019 by Saurenergy A new study by the Energy Watch Group and LUT University is the first of its kind to outline a 1.5°C scenario with a cost-effective, cross-sectoral, technology-rich global 100% renewable energy system that does not build on negative CO2 emission technologies. In what should be good news for skeptics worried about the cost of transitioning […] Read more
Deep Electrification Powered by Renewables Key for a Climate-Safe Future: Report Updated On Wed, Apr 10th, 2019 by Saurenergy A new report by the International Renewable Energy Agency (IRENA) charts pathways to further accelerate energy transformation which meets climate objectives while creating jobs and fostering economic growth. As the urgency to take bold climate action grows, the new analysis revealed that scaling-up renewable energy combined with electrification could deliver more than three-quarters of the […] Read more
Global Storage Market Predicted to Reach 158 GWh by 2024: Report Updated On Tue, Apr 9th, 2019 by Saurenergy The global energy storage market will expand 13-fold by 2024, according to new research from consultancy firm Wood Mackenzie. According to the report, ‘Global energy storage outlook 2019: 2018 year-in-review and outlook to 2024’, energy storage has been creeping into decarbonising markets over the past 5 years. Commenting on the report, Ravi Manghani, Research Director, said, […] Read more
More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC Updated On Wed, Apr 3rd, 2019 by Saurenergy GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […] Read more
Renewable Energy Now Accounts For a Third of Global Power Capacity: IRENA Updated On Tue, Apr 2nd, 2019 by Saurenergy The sector added 171 GW of generating capacity in 2018, with total renewable energy generation capacity reaching 2,351 GW at the end of the year. The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 GW, according to new data released by the International Renewable Energy Agency […] Read more
Battery Management System Market Is Projected To Reach $11.17 Billion By 2025: Report Updated On Tue, Apr 2nd, 2019 by Saurenergy According to a report published by Grand View Research, The growing penetration of UPS solution in businesses to counter data loss is expected to spur the demand for Battery Management System Market. Lithium-ion batteries are used in applications requiring high-energy density solutions. According to a report, “Battery Management System Market Analysis By Battery Type […] Read more
Climate Change Affecting India’s Wind Power Generation: Study Updated On Tue, Apr 2nd, 2019 by Saurenergy Increased warming in the Indian Ocean and the resultant weakening of the Indian summer monsoon may come in the way of India’s goal of leading the world’s wind power generation. The potential electricity production has reduced by about 13% in the past 40 years Researchers from Harvard University, US, and National Climate Center in Beijing, […] Read more