Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF Updated On Thu, Apr 30th, 2020 by Saurenergy According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […] Read more
Covid-19 Breeds Challenges for Renewables in US, China: Platts Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the coronavirus pandemic, China’s electricity demand is likely to normalise by Q3, while there is more uncertainty in the US market as there is still lockdown in most of the states, according to S&P Global Platts Analytics. At the recently held Platts Analytics webinar, the firm highlighted that while there is enough evidence of […] Read more
AFRY Wins 1.2 GW Pumped Storage Project from Greenko Updated On Wed, Apr 29th, 2020 by Saurenergy AFRY India has won Letter of Award (LoA) from Greenko Energy Projects Ltd, a leading renewable energy independent power producer (IPP) in India, for providing detailed design engineering services for its 1.2 GW (or 1200 MW) pumped storage project. Greenko had earlier won the biggest storage project tender ever that was conducted, winning rights to […] Read more
Duke Energy Sets Sights for 16 GW Renewable Capacity by 2025 Updated On Wed, Apr 29th, 2020 by Saurenergy Duke Energy has announced that it has updated its efforts to address climate change with a new goal of 16 GW renewable energy capacity by the end of 2025. In two reports released recently, Duke Energy has announced that it has updated its efforts to address climate change. The firm intends to cut carbon emissions to […] Read more
100 MW Solar Plus Storage Project Approved by Arkansas Commission Updated On Wed, Apr 29th, 2020 by Saurenergy The Arkansas Public Service Commission has approved a new 100 MW utility-scale solar project along with a 10 megawatts of battery storage system The Arkansas Public Service Commission has approved a new utility-scale solar project that will provide Entergy Arkansas customers with 100 megawatts (MW) of solar power and 10 megawatts of battery storage. The […] Read more
Heliogen Bags Award for its Concentrated Solar Technology Updated On Wed, Apr 29th, 2020 by Saurenergy Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas Award, recognized for its concentrated solar technology Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas award. Winning the Energy category, Heliogen was recognized for its concentrated solar technology that – for […] Read more
IRENA’s Coalition for Action Calls for Green Recovery Based on Renewables Updated On Wed, Apr 29th, 2020 by Saurenergy As COVID-19 rapidly devastates communities and livelihoods, effective response measures are urgently needed to address the immediate as well as the longer-term impacts of the crisis. Over 100 leading players in renewable energy, gathered under the IRENA Coalition for Action, have come together in a joint call for action, putting forward concrete recommendations on how governments can ensure […] Read more
ADPower Gets Record Low Solar PV Price for 2 GW Project in UAE Updated On Tue, Apr 28th, 2020 by Saurenergy Abu Dhabi Power Corporation (ADPower), a water and electricity company, has received the world’s lowest solar photovoltaic (PV) price of 1.35 US cents/kWh for the United Arab Emirates’ (UAE’s) largest 2 GW of the solar project. This 2 GW solar plant in Al Dhafra is expected to be completed during the second quarter of 2022 […] Read more
Nedstack, Providence to Co-Develop Hydrogen Based Soln to offer Affordable Solar Power Updated On Mon, Apr 27th, 2020 by Saurenergy With an aim to offer affordable solar power around the clock, Sydney based innovation firm Providence Asset Group (Providence) and fuel cell manufacturer Nedstack have entered into a strategic partnership agreement to co-develop and deliver hydrogen-based power-to-power solutions for the Australian and Pacific region solar market. Both companies are also looking for the potential to […] Read more
