5 Key Takeaways: Statistical Review of World Energy Report Updated On Fri, Jun 28th, 2024 by Saurenergy As the world grapples with the dual challenges of ongoing climate change and the transition to sustainable energy sources, the Energy Institute’s Statistical Review of World Energy offers valuable insights into global energy trends. The latest edition of the report, now in its 73rd iteration and the second under the Energy Institute, analyzes data from […] Read more
India Energy Storage Week Eyes Rs 2,000cr Investments In EV, Storage Updated On Thu, Jun 27th, 2024 by Saurenergy India Energy Storage Alliance (IESA) is all set to host the 10th edition of India Energy Storage Week (IESW) in New Delhi. In a press conference today, IESA announced the potential investment of over INR 2000 crore coming to India at IESW 2024. In the presence Cristian Valdes Carter, Director & Commercial Counsellor – India, […] Read more
Vestas Secures 155 MW Wind Turbine Order in New Zealand Updated On Wed, Jun 26th, 2024 by Saurenergy Vestas has received a 155 MW order for the second stage of the Mercury Energy’s Kaiwera Downs wind farm in New Zealand. The order includes the supply and installation of 36 of Vestas’ V136-4.2 MW turbines in 4.3 MW operating mode as well as a 30-year Active Output Management 5000 (AOM 5000) service and maintenance […] Read more
Data Centers, EV To Raise US Power Demand To 300 TWh: Report Updated On Wed, Jun 26th, 2024 by Saurenergy Rystad Energy in its recent research report found that the total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010. But as electrification accelerates, that’s about to change as the report accredits this growth to the build-out of data centers which can support more widespread adoption of electric vehicles (EVs). […] Read more
A Delay Foretold. How MSEDCL Delayed a 500 MW RE Project Involving Tata Power Updated On Tue, Jun 25th, 2024 by Saurenergy In looking at the orders of regulators at the state and national level (CERC and APTEL), one is regularly surprised at how common sense is regularly abandoned in favour of abundant precaution. Among state entities like discoms, the fear of being seen as biased trumps everything when it comes to a project. Be it the […] Read more
Smarter E AWARD – Photovoltaics Category 2024 Winners Announced Updated On Fri, Jun 21st, 2024 by Saurenergy The Smarter E AWARD 2024 has been announced, celebrating a new set of winners who are transforming the dynamics of energy and mobility through their innovative products and solutions. The Smarter E AWARD seeks to honour concepts and technologies that contribute to a 24/7 renewable energy supply. The award encompasses five categories: Photovoltaics, Energy Storage, […] Read more
Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA Updated On Fri, Jun 21st, 2024 by Saurenergy Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […] Read more
Amara Raja Invests €20mn to Increase Stake In Battery Tech Firm InoBat Updated On Fri, Jun 21st, 2024 by Saurenergy Battery manufacturer Amara Raja Energy & Mobility (ARE&M) has further invested EUR 20mn, which includes a subscription for an additional 4.5% equity stake in InoBat AS, Norway. With the above, Amara Raja Energy & Mobility Limited’s total holding will be around 9.32% of its equity stake in InoBat AS, including its previous investment of EUR […] 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