Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020 Updated On Sat, Feb 1st, 2020 by Saurenergy Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […] Read more
Cenfura, C4D to Tokenise Renewable Assets in South Africa Updated On Wed, Jan 29th, 2020 by Saurenergy Cenfura and C4D will tokenise microgrid assets in South Africa, the partnership will construct and operate solar and battery storage-based microgrid assets Cenfura has entered into an agreement with C4D to tokenise microgrid assets in South Africa. The partnership will construct and operate the solar PV and battery storage-based microgrid assets in 6,500 gated communities across South […] Read more
Lighting up India’s hinterland Updated On Thu, Jan 23rd, 2020 by Saurenergy India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […] Read more
Solar Installations to Grow by 142 GW in 2020, 14 GW in India: Report Updated On Wed, Jan 8th, 2020 by Saurenergy According to a new report global annual solar installations in 2020 will reach 142 gigawatts (GW), recording a 14 percent rise over the previous year. Global solar installations will continue double-digit growth rates into the new decade, according to the new “2020 Global Photovoltaic (PV) Demand Forecast” by IHS Markit. New annual installations in 2020 […] Read more
IFC Inks Pact with Bangladesh to Spur Solar Power Generation Updated On Tue, Jan 7th, 2020 by Saurenergy With an aim to promote more investment in the renewable energy projects in Bangladesh, the International Finance Corporation (IFC) has entered into an agreement with the Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh. As per the agreement signed, IFC, a member of the World Bank Group, will support a solar power plant of […] Read more
Lithium-Ion Battery Market to Grow at 22.58% CAGR: Report Updated On Fri, Dec 27th, 2019 by Saurenergy The lithium-ion (Li-Ion) battery market is expected to grow at a CAGR of approx. 22.58 percent, during the forecast period between 2018-2025, said Mordor Intelligence in its report. According to the market intelligence and advisory services provider firm, the major factors driving the market includes – emergence of new and exciting markets; via electric vehicle (EV) and energy storage […] Read more
Botswana Becomes Member of International Solar Alliance Updated On Tue, Oct 22nd, 2019 by Saurenergy On the occasion, IIPA also inked the Memorandum of Understanding (MoU) with the ISA for capacity-building of its member countries in the area of climate change adaptation and mitigation under ITEC-programme of Ministry of External Affairs. South African country Botswana has become the member of the India-headquartered International Solar Alliance (ISA) after signing the ISA […] Read more
Offshore Wind Energy in India Ready to be Explored Updated On Thu, Oct 10th, 2019 by Saurenergy A new study by JMK Research and Analytics takes a look at the offshore wind energy sector in India, the challenges and the opportunities. Offshore wind turbines harness sea winds to generate power. They work in the same way as an onshore wind turbine, the only difference being that in offshore wind, turbines can be […] Read more
India Could Become the Largest EV Market in the World: Report Updated On Thu, Oct 3rd, 2019 by Saurenergy A new report has revealed that India has the potential to become one of the largest EV markets in the world A new report has revealed that, India has the potential to become one of the largest electric vehicles (EV) markets in the world, with the government pushing for the segment in order to curb […] Read more