Global Electricity Demand Growing Faster than Renewables: IEA Report Updated On Fri, Jul 23rd, 2021 by Saurenergy Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, says a new report from the International Energy Agency. After falling […] Read more
Hero Lectro Cargo Launches Maiden Flagship Store in New Delhi Updated On Thu, Jul 22nd, 2021 by Saurenergy A division of Hero Lectro, Hero Lectro Cargo (HLC) has launched its first flagship store of cargo e-bikes in the upmarket Lajpat Nagar area of South Delhi to cater to its consumers in the last-mile e-commerce delivery sector. The flagship store will display the latest Hero LectroWINN cargo e-cycle (and its high range variant – […] Read more
EV Startup Grevol Partners With CATL for Li-ion Battery Packs Updated On Tue, Jul 20th, 2021 by Saurenergy Grevol has partnered with China’s CATL for Li-ion battery packs for its upcoming electric cargo. Green Evolve Private Limited (Grevol) is an Indian electric mobility startup, founded in 2019, which manufactures and finances EVs. New Delhi-based Grevol has announced the launch of their cutting-edge lithium battery packs, created for their soon-to-be-launched electric three-wheeler (E3W) (L5N […] Read more
LONGi Solar Partners with Krannich Solar To Jointly Serve Indian PV Market Updated On Mon, Jul 19th, 2021 by Saurenergy China’s high-efficiency mono-crystalline solar cells and modules producer LONGi Solar has announced a new partnership with Krannich Solar, a Germany-headquartered PV modules wholesaler. This partnership has been established for the expansion of their relationship in India. The companies claim that their collaboration is in line with their vision to exchange each other’s expertise and jointly […] Read more
Denmark Leads in Share of RE Production, India Yet To Break Into Top 15 Updated On Mon, Jul 19th, 2021 by Saurenergy Wind and solar produced 2,435 TWh of electricity in 2020, providing almost a tenth of the world’s electricity. While European countries like Denmark, Ireland, and Germany are leading among the world’s top 15 producers, India is not part of his group. Even though India’s renewable energy capacity is being added to each year, with the […] Read more
R.K. Singh Acknowledges Tariff, Non-Tariff Barriers To Stay For Solar Equipment Updated On Fri, Jul 16th, 2021 by Saurenergy In what seems to be a clear ramp up of pressure to buy locally and block imports, Power and MNRE Minister R.K. Singh has categorically referred to both tariff and non-tariff barriers as a way to achieve this objective. Speaking at an industry event on self reliance in renewable energy manufacturing organised by the Confederation […] Read more
Zhongnan Group Starts Construction of a New 5 GW Solar Factory Updated On Thu, Jul 15th, 2021 by Saurenergy The Zhongnan Group recently held a ceremony to set up a new solar production plant whose annual manufacturing capacity is said to be 5 GW. The group is the main investor behind the well-known electric services company ReneSola, which is known for selling solar PV modules globally. The ceremony was held in Hai’an Economic Development Zone […] Read more
US Energy Secretary Talks Up 90% Reduction In Storage Costs by 2030 Updated On Thu, Jul 15th, 2021 by Saurenergy US Energy secretary Jennifer Granholm has indicated a target to reduce grid scale energy storage costs by 90 percent by 2030, to create conditions for the amount of storage that will be required by then to ensure stable grids and make the best use of renewable energy production by then. She was speaking as part […] Read more
Global Solar Lighting Systems Market to Reach $11.2 Billion by 2026 Updated On Wed, Jul 14th, 2021 by Saurenergy A research report published by Global Industry Analysts Inc., (GIA) makes the prediction that the global solar lighting market will reach $11.2 billion by 2026. The global market for Solar Lighting Systems is estimated at US $ 5.5 Billion in the year 2020. Thus, the revised size of US$11.2 Billion by 2026 will entail growing […] Read more
