Global Investments in Renewable Energy Hit $288 Billion: BNEF Report Updated On Wed, Jun 19th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
Greenspur’s Permanent Magnet Generator Could Unleash 25 MW Offshore Turbines Updated On Wed, Jun 19th, 2019 by Saurenergy A permanent magnet generator concept, developed by Greenspur Renewables, could open the door for engineers to design giant 25MW offshore wind turbines. A new-generation direct-drive permanent magnet generator (PMG) concept, developed by British start-up Greenspur Renewables, could potentially open the door for engineers and developers to design giant 25MW offshore wind turbines. The concept design […] Read more
Advances in Storage Disrupting the US Electricity Sector: Report Updated On Wed, Jun 19th, 2019 by Saurenergy According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the US. According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while […] Read more
UNDP and IRENA to Accelerate Low-Carbon Energy Transition Updated On Tue, Jun 18th, 2019 by Saurenergy UNDP and IRENA announced a global partnership to accelerate the low-carbon energy transition. The United Nations Development Programme (UNDP) and the International Renewable Energy Agency (IRENA) have announced a global partnership to accelerate the low-carbon energy transition and offer concrete steps to achieve sustainable development. Under the cooperation, the organizations will explore joint initiatives aimed […] Read more
Uttar Pradesh Invites Suggestions on Draft Open Access Regulations Updated On Mon, Jun 17th, 2019 by Saurenergy Uttar Pradesh has issued the Draft guidelines specifying the terms and conditions for open access in the state. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued the Draft guidelines specifying the terms and conditions for open access in the state. The commission has now invited suggestions and comments from stakeholders until July 8, 2019, […] Read more
Target Commits to Sourcing 100% Renewable Electricity by 2030 Updated On Sat, Jun 15th, 2019 by Saurenergy Target Corporation, the eighth-largest retailer in the US plans to source 100 percent of its electricity needs from renewable energy sources by 2030. Target Corporation, the eighth-largest retailer in the United States has announced its plans to source 100 percent of its electricity needs from renewable energy sources by 2030. The goal will apply to […] Read more
Adani Green Energy Raises Rs 402 crore Through Offer For Sale Updated On Fri, Jun 14th, 2019 by Saurenergy Adani Green Energy has offloaded roughly 6% stake and raises Rs 402 cr capital through OFS Adani Green Energy on Friday said that it has raised around Rs 402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms. Under the norms, at least 25 percent of the equity should […] Read more
World Bank Report on Tracking SDG7: The Energy Progress Report 2019 Updated On Fri, Jun 14th, 2019 by Saurenergy The Tracking SDG7: The Energy Progress Report 2019 shows that despite the progress, reaching the remaining unserved people, including those connected to frail and overburdened urban grids, as well as displaced people, and hard-to-reach locations, will be challenging. An estimated 650 million people will be left without electricity access in 2030. The report tracks global, regional […] Read more
Siemens Gamesa Commissions Heat-Based Energy Storage Project Updated On Fri, Jun 14th, 2019 by Saurenergy Siemens Gamesa Renewable Energy has begun operation of its electric thermal energy storage system, to store large quantities of energy cost-effectively Siemens Gamesa Renewable Energy (SGRE) has begun operation of its electric thermal energy storage system (ETES). The innovative storage technology makes it possible to store large quantities of energy cost-effectively and thus decouple electricity […] Read more
