AC Energy to Develop Largest Wind Farm in Philippines at 160 MW Updated On Wed, May 19th, 2021 by Saurenergy AC Energy has started construction of the 160 MW Balaoi & Caunayan wind farm, the biggest wind farm in the Philippines to date. AC Energy is moving closer to its 2025 goal of achieving 5,000 MW of renewable energy target with the start of construction of the 160MW Balaoi & Caunayan wind farm, the biggest […] Read more
Adani to Acquire SB Energy’s 5 GW Portfolio in India’s Largest Renewables M&A Deal Updated On Wed, May 19th, 2021 by Saurenergy Adani Green Energy has signed agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group Adani Green Energy Limited (AGEL), has announced that it has signed the share purchase agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank Group (80 percent) […] Read more
IEA Report Advises Shutting Out Fossil Projects Now, To Reach 1.5C Target Updated On Wed, May 19th, 2021 by Saurenergy The International Energy Agency (IEA), one of the premier energy modeling agencies and until recently, a key backer of the perception that fossil fuel’s still have a future (of sorts), has finally changed track. In a recommendation that will surprise many people, and please even more who have been calling for the same, the agency […] Read more
Global EV Market To Reach $802.75 Billion By 2028: Report Updated On Tue, May 18th, 2021 by Saurenergy A recent study report by Market Growth Report, says that the electric vehicle (EV) market is expected to reach USD 802.75 billion by the year 2028, growing at a Compound Annual Growth Rate (CAGR) of 21.6 percent during the forecast period, 2021 – 2028. This market size was estimated to be valued at USD 273.31 billion […] Read more
“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge Updated On Tue, May 18th, 2021 by Saurenergy Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […] Read more
CERC Judgement on SB Energy’s 300 MW Bhadla Project Compensation Updated On Tue, May 18th, 2021 by Saurenergy A plea by SB Energy at the CERC, with SECI and Rajasthan Urja Vikas Nigam as respondents, was disposed off by the commission with a now predictable template on most of the contentions. In doing so, the CERC has served to iterate what seems to be well established rules for such situations. The final order […] Read more
How Cities Can Take Action to Drive the Energy Transition: IRENA Updated On Tue, May 18th, 2021 by Saurenergy The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […] Read more
SkySpecs Acquires Wind Energy Tech Companies Fincovi and Vertikal AI Updated On Mon, May 17th, 2021 by Saurenergy Michigan-headquartered wind energy technology company SkySpecs announced today that it has acquired two of Europe’s premier wind energy companies: Fincovi, a leader in financial asset management, and Vertikal AI, a pioneer in predictive maintenance for wind energy. The combined entity brings together world-class data insight and automation to help wind farm owners and operators to […] Read more
DCPSC Awards Contract to Study Integration of Distributed Energy Resources in the District Updated On Mon, May 17th, 2021 by Saurenergy Award will subcontract 63% of the contract value to certified business enterprises The Public Service Commission of the District of Columbia (Commission) has awarded a contract to Synapse Energy Economics, Inc. (Synapse) to conduct a study on how distributed energy resources (DERs) can help the District achieve its clean energy goals of 100% renewable energy by […] Read more