Li-ion Battery Pack Prices to Fall Below $100/kWh by 2024: BNEF Updated On Mon, Dec 6th, 2021 by Saurenergy Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, finds a new report from BloombergNEF (BNEF). This is a 6% drop from $140/kWh in 2020. By 2024, average pack prices should be below $100/kWh, predicts the report. BNEF’s 2021 Battery Price Survey explains […] Read more
Goa’s State-run Transport Corp Gets 2nd Lot of E-buses Updated On Mon, Dec 6th, 2021 by Saurenergy Goa’s Kadamba Transport Corporation (KTCL) on Saturday received the second lot of e-buses fitted with features like electronically controlled air suspension, CCTV cameras, and the emergency button to ensure the safety of commuters. Goa Chief Minister Pramod Sawant flagged off these buses during a round table to promote an electric mobility event organised by the […] Read more
China Suspends Sri Lankan Projects close to India Over ‘Security Concern’ Updated On Fri, Dec 3rd, 2021 by Saurenergy China has suspended a project to install hybrid energy plants in three islands of Sri Lanka, citing “security concern” from a “third party”, amid reports of India raising concern over its location. In January, the Chinese firm, Sino Soar Hybrid Technology, was awarded the contract to install a hybrid renewable energy system in Delft, Nagadeepa […] Read more
ONGC, SECI to Jointly Develop Renewable Projects Updated On Fri, Dec 3rd, 2021 by Saurenergy To realize its green energy objectives, Oil and Natural Gas Corporation Ltd (ONGC) has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI), an official statement said. The MoU provides a broad, overarching framework for the two national energy companies to collaborate on renewable energy projects including solar, wind, solar parks, […] Read more
Ørsted Signs 12-Year Offshore Wind CPPA with Google Updated On Thu, Dec 2nd, 2021 by Saurenergy Ørsted, the largest energy company in Denmark, has signed a 12-year corporate power purchase agreement (CPPA) with Google, under which the IT giant will off take 50 MW of Ørsted’s planned 900 MW Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea. Rasmus Errboe, Head of Region Continental Europe at Ørsted, said, “We commend […] Read more
“Where There Is Demand At Retail Level, Our Modules Should Be There” Updated On Thu, Dec 2nd, 2021 by Saurenergy In this conversation with SaurEnergy, Rahul Bhutiani, Head, Sales and Marketing at Adani Solar spoke about the firm’s plans and views. With the Adani Group committing itself to some of the most ambitious targets in renewable energy, at 25 GW by 2025 and 40 GW by 2030, Adani Solar’s task is cut out, as a […] Read more
Australian JV to Build Country’s Largest Privately Funded Battery Updated On Thu, Dec 2nd, 2021 by Saurenergy Engie, Macquarie’s Green Investment Group (GIG), and Fluence have partnered to deliver Australia’s largest privately-funded and owned utility-scale battery. The project will connect to existing network infrastructure to support the transition to renewable energy at the site of the former Hazelwood Power Station in the Latrobe Valley. Providing 150 MW/150 MWh of flexible energy, the […] Read more
kWh Analytics’s New Offering to Ensure a New Revenue Stream for Asset Owners Updated On Wed, Dec 1st, 2021 by Saurenergy Accelerating the process of installing more solar for Energy Transition, kWh Analytics launched its product – the Solar Generation Advance. The launch is expected to allow the industry to accomplish its goal of installing more solar for Energy Transition apart from ensuring reliable returns to equity investors. As per reports, the Solar Generation Advance will […] Read more
China’s Sinopec Starts Building 10,000-ton PV Green H2 Pilot Project Updated On Wed, Dec 1st, 2021 by Saurenergy China Petroleum & Chemical Corporation’s (Sinopec) hosted an online launching ceremony on November 30 in the cities of Beijing, Urumqi and Kuqa to announce that China’s first 10,000-ton photovoltaic green hydrogen pilot project, the Sinopec Xinjiang Kuqa Green Hydrogen Pilot Project, has officially started construction. Upon completion, the project is expected to produce an annual […] Read more