Annual PV Installations to Cross 200 GWdc Mark in 2022: IHS Markit Updated On Thu, Nov 18th, 2021 by Saurenergy Global solar PV installations will see over 20% growth in 2022 and surpass the 200 GWdc barrier for the first time, at a total investment of at least $170 billion, despite continuing rising costs of production, according to a new report by the Clean Energy Technology service at U.K.-based market observer IHS Markit. Until recently, declining […] Read more
Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF Updated On Thu, Nov 18th, 2021 by Saurenergy Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […] Read more
Fortescue Races Ahead With Electrolyser Manufacturing Plans In Australia Updated On Wed, Nov 17th, 2021 by Saurenergy Fortescue Future Industries which is building what it claims will be the world’s biggest plant for green hydrogen electrolysers, has confirmed approvals for the same within a month from the Queensland, Australia government. The Andrew Forrest owned Fortescue may also include a gigawatt scale solar module factory and other production facilities. The facility will have […] Read more
US Court Exempts Bifacial Module Imports From Tariffs, in Win For SEIA Updated On Wed, Nov 17th, 2021 by Saurenergy The US developer driven Solar group, Solar Energy Industries Association (SEIA) has managed to successfully petition the U.S. Court of International Trade (CIT) to reinstate bifacial solar modules’ exemption from the Section 201 tariffs on imported solar modules. The move is a big win for the SEIA which was also joined by major utility developers […] Read more
Yulu Unveils ‘India’s 1st AI Battery Charging/Swapping Solution for 2W EV Updated On Wed, Nov 17th, 2021 by Saurenergy E-mobility service provider Yulu is adding a network of battery charging and swapping stations named ‘Yulu Max Network’, the company announced recently. The Max Network will help EV users swap their batteries with zero downtime and reduce their range anxiety. This will be India’s first AI-powered, vertically integrated battery infrastructure for electric 2-wheelers, claims Yulu. […] Read more
Virescent RE Trust Ties-Up INR 2,150 Cr of Debt Financing Updated On Tue, Nov 16th, 2021 by Saurenergy Virescent Renewable Energy Trust (VRET), an infrastructure investment trust (InvIT), has raised INR 1000 crore in its debut issuance across 3, 5 and 7 year tranches. This transaction marks the first-ever issuance by a renewable energy InvIT in India. The company will primarily use the proceeds to refinance existing debt at the Special Purpose Vehicle […] Read more
RWE to Invest €50 B to Reach 50 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy “Greener, bigger, more valuable – that is RWE in 2030. For the first time, the company is providing details of what it will look like by the end of the decade,” states Germany’s largest power producer. With its new strategy ‘Growing Green’, RWE will invest a significant sum, worth €50 billion, in its core business […] Read more
UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […] Read more
Adani Green’s Q2 Analyst Call Highlights Updated On Tue, Nov 16th, 2021 by Saurenergy Adani Green Energy Limited, the main vehicle leading the group’s green energy push as a developer held it’s analyst call on October 29, shortly after its Q2 results were declared. While the results highlighted the strong growth, as well as the closure of the 5 GW SB Energy deal, starting up of PPA’s under the […] Read more
