Projects to Create Green Grid, CCS Hubs Across ASEAN, Australia Updated On Thu, Oct 28th, 2021 by Saurenergy National authorities and companies across Southeast Asia and Australia are seeking ways to pool renewable energy resources and form a green power grid in the region, according to media reports. Below are some of the projects engaged in developing this green grid that have been announced: ASEAN Members of the Association of Southeast Asian Nations […] Read more
Invest in RE in Developing Nations for Global Energy Transition: Study Updated On Thu, Oct 28th, 2021 by Saurenergy A new report by BloombergNEF (BNEF) and the Climate Investment Funds details how private capital has been successfully leveraged to support renewable energy growth in developing nations – and offers specific insights on how to grow such investment further in key markets. The insights are published as the contentious question of how wealthier nations can […] Read more
50 MW Wärtsilä Energy Storage System Activated in UK Updated On Wed, Oct 27th, 2021 by Saurenergy Pivot Power, part of EDF Renewables, has activated a 50 MW lithium-ion energy storage system in Kemsley, Kent supplied by the technology group, Wärtsilä, to support the integration of renewable energy into the UK’s National Grid. Wärtsilä has supplied an energy storage system at the Kemsley substation in South England which is directly connected to […] Read more
Ministry of Power Notifications for Change in Law, Curtailment of ‘Must Run’ Plants Welcome Updated On Wed, Oct 27th, 2021 by Saurenergy In two separate notifications, the Ministry of Power has issued notifications for both compensation in case of a change in law event, and for curtailment of power from Must Run power plants. The rules will have significant impact for renewable energy producers, thanks to the must run status they enjoy, besides the many disputes linked […] Read more
Power Exchange Launches ESCerts Trading from Today Updated On Tue, Oct 26th, 2021 by Saurenergy The Power Exchange India (PXIL) on Monday said trading of ESCerts under the Perform, Achieve and Trade (PAT) scheme – cycle II will commence from today, i.e. October 26. The company had conducted a mock trading session on October 8, 2021, which received encouraging reception, PXIL said in a statement. ‘ESCerts’ are the Energy Savings […] Read more
Vestas to Supply Giant 15MW Turbines for Offshore Wind Farms in NY Updated On Fri, Oct 22nd, 2021 by Saurenergy Empire Offshore Wind, a joint venture between Equinor and bp, has selected Vestas as its preferred supplier for wind turbine generators for both Empire Wind I and Empire Wind II, one of the largest offshore wind projects in the US. The preferred supplier agreement, one of the largest of its kind to be announced in […] Read more
India Most ‘Cost-effective’ in Rooftop Solar Power; Beats China, UK & US Updated On Fri, Oct 22nd, 2021 by Saurenergy A global study has found that India is the most cost-effective country for generating rooftop solar energy at USD 66 per megawatt-hour, while the cost in China is marginally higher at USD 68 per megawatt-hour. Due to the lower cost, rooftop solar photovoltaics (RTSPV) technology, such as roof-mounted solar panels used in homes, and commercial […] Read more
The Time for Battery Storage & Green Hydrogen Is Here, Says IEEFA Note Updated On Fri, Oct 22nd, 2021 by Saurenergy A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) states that battery storage and green hydrogen will be vital to India’s energy transition goals, especially the goal of 450 GW of renewables by 2030. “Grid-scale energy storage technologies will play a critical role in India’s decarbonisation journey, helping to integrate the 450 […] Read more
Enpal Secures €150 M from SoftBank to Battle Climate Crisis Updated On Wed, Oct 20th, 2021 by Saurenergy Just weeks before world leaders gather at the UN Climate Change Conference (COP26) in Glasgow in November to discuss measures to address the climate crisis, German solar start-up, Enpal, has announced that it has closed a EUR 150 million($174 million) investment from SoftBank Vision Fund 2. The firm uses uses AI for provisioning and installing […] Read more