Only 10% Coal Plants To Be Decommissioned By 2030: Report Updated On Thu, Jun 20th, 2024 by Saurenergy Only 10% of the world’s existing coal power capacity is slated for decommissioning by 2030. More coal decommissioning transactions can be closed in the next three to five years, according to a report by IEEFA. Governments, investors and philanthropic organisations should invest the effort to identify these opportunities. The decarbonisation of electricity in emerging market […] Read more
Low Solar Prices In China-The Indian Perspective Updated On Thu, Jun 20th, 2024 by Saurenergy Spending time at SNEC PV last week at Shanghai in China, one couldn’t help but wonder about the end game as far as current low solar prices go. For starters, despite the stubbornness of the Indian government when it comes to offering a friendly, or even reciprocal approach to the Chinese, that is still missing […] Read more
LONGi Showcases Black Back Contact Module At Intersolar 2024 Updated On Thu, Jun 20th, 2024 by Saurenergy Leading Chinese solar PV module manufacturer LONGi has launched a new black dual-glass back contact module with a 22.3% conversion efficiency. Targeted at the European market, the new module hopes to meet higher aesthetic standards and minimum efficiency expectations from the demanding European market. Besides the Ultra black, LONGi is showcasing five module innovations based […] Read more
Gensol Engineering Allotted Additional 250 MW (500 MWh) for GUVNL’s BESS Project Updated On Thu, Jun 20th, 2024 by Saurenergy Gensol Engineering Ltd. has received the second tranche under greenshoe option allotment of 250 MW/500 MWh from Gujarat Urja Vikas Nigam Limited (GUVNL) for standalone Battery Energy Storage Systems (BESS) project to reach 500 MW / 1000 MWh. According to Gensol, the project including first and second tranche will generate a total revenue of INR […] Read more
RMI Foresees Cleantech To Drive 10% Of Global GDP Growth Updated On Wed, Jun 19th, 2024 by Saurenergy The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […] Read more
$20bn To Flow Into European Offshore Substations: Rystad Energy Updated On Tue, Jun 18th, 2024 by Saurenergy A new report from Rystad Energy projects that 137 substations will be installed offshore continental Europe this decade, requiring $20 billion in total investment. The team said that installations are gathering pace worldwide leading to the need for reliable, accessible infrastructure to bring the generated power onshore and into the electricity grid. “Demand for offshore […] Read more
Google, NV Energy Plan To Use Geothermal Power For Data Centers Updated On Thu, Jun 13th, 2024 by Saurenergy In a bid to ramp up its commitment to clean energy, Google has partnered with Berkshire Hathaway electric utility NV Energy to fuel its Nevada data centers with advanced geothermal electricity. This move is part of Google’s broader goal to operate entirely on clean energy by 2030. The agreement, currently pending approval from state utility […] Read more
Renewables, EVs Set To Reduce Global Oil Demand, Says Report Updated On Thu, Jun 13th, 2024 by Saurenergy A latest report from the International Energy Agency (IEA) said that the global oil demand is likely to be tempered by clean energy transition. The report also said that the surge in Electric Vehicle (EV) sales and continued efficiency improvements of vehicles and use of more renewables in electricity production could negate the rise in […] Read more
Radiance Renewables & PIDG Form JV For RE Growth In India Updated On Tue, Jun 11th, 2024 by Saurenergy Radiance Renewables and the Private Infrastructure Development Group (PIDG) company, InfraCo Asia, announced a joint venture (JV) – Radiance InfraCo Renewables Private Limited. The JV will develop a portfolio of greenfield renewable energy projects for C&I clients in India, enabling them to reduce carbon emissions in their supply chain and operations to meet their sustainability […] Read more
