Pandemic to Hit Global EV Growth by 43% in 2020 Updated On Wed, Apr 8th, 2020 by Saurenergy Research firm Wood Mackenzie has released a report where it predicts a 43 percent contraction in the global EV industry by the end of 2020. For a sector that was just building up some serious momentum, the crisis couldn’t have come at a worse time. The big hope now is that government stimulus plans will […] Read more
Toyota Launches Renewable Venture With Chubu Electric in Japan Updated On Mon, Apr 6th, 2020 by Saurenergy Toyota has established Toyota Green Energy with Chubu Electric for the purposes of obtaining and managing renewable energy sources in Japan Toyota Motor Corporation has announced that it has concluded an agreement to establish Toyota Green Energy LLP with Chubu Electric Power and Toyota Tsusho Corporation, for the purposes of obtaining and managing renewable energy […] Read more
Electricity Storage Valuation Framework Updated On Wed, Apr 1st, 2020 by Saurenergy Electricity storage could be a crucial factor in the world’s transition to sustainable energy systems based on renewable sources. Yet electricity markets frequently fail to account properly for the system value of storage. This report from the International Renewable Energy Agency (IRENA) proposes a five-phase method to assess the value of storage and create viable […] Read more
Western Turbine OEMs Challenged to Gain Market Share in China: WoodMac Updated On Tue, Mar 31st, 2020 by Saurenergy Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020 Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020. It has been reported that in the 6 GW auction for […] Read more
Solar Technology Versus Fossil Fuels. Is Endgame here? Updated On Sat, Mar 28th, 2020 by Saurenergy Over last few decades, scientists are trying to come up with innovative and efficient ways to utilize energy from the sun. From times immemorial, humans across different civilisations have worshipped the sun as a God due to its various life-giving properties, and rightfully so. We have been using sun for its heating and lighting properties […] Read more
Saudi Arabia Lists 49 Pre-Qualified Bidders for 1.2 GW Solar Tender Updated On Tue, Mar 24th, 2020 by Saurenergy The Saudi Arabia REPDO has issued the list of all the pre-qualified bidders in round three of the Kingdom’s NREP for four solar PV projects worth 1.2 GW The Saudi Arabia Renewable Energy Project Development Office (REPDO) has issued the list of all the pre-qualified bidders in round three of the Kingdom’s National Renewable Energy […] Read more
Lightsource BP Completes $250 Mn Financing for Solar Project in Texas Updated On Fri, Mar 20th, 2020 by Saurenergy Lightsource BP has successfully closed on a USD 250 million financing package for its 260 MW Impact Solar project located in Texas Lightsource BP, a global solar leader, has announced that it has successfully closed on a USD 250 million financing package for its Impact Solar project located in Lamar County, Texas, 120 miles northeast […] Read more
Solis Powers 4MWs of Solar for Walmart in Mexico Updated On Thu, Mar 19th, 2020 by Saurenergy High-efficiency Solis 60kW advances retail giant’s green goals Ginlong Technologies (Stock Code: 300763.SZ), a global leader in photovoltaic string inverter manufacturing, has fitted eight new solar systems at Walmart stores across Mexico with a total installed capacity of 4MWs. Providing 99% efficiency, the high-performing Solis 60kW inverter delivers safe and reliable technology to participating stores. […] Read more
IRENA Invites RE Developers to Register Projects on Investment Platform Updated On Tue, Mar 17th, 2020 by Saurenergy IRENA is calling for renewable energy project developers to register suitable projects via a purpose-built portal organised around 14 regional clusters. A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the […] Read more