Wind Energy Accounted for 42% New U.S. Capacity in 2020 Updated On Wed, Sep 1st, 2021 by Saurenergy More wind energy was installed in 2020 than any other energy source, accounting for 42% of new U.S. capacity, says the U.S. Department of Energy (DOE). By contrast, solar amounted to only 38% of new capacity last year. The U.S. wind industry supports 116,800 jobs. The DOE has released three reports showing record growth in […] Read more
“The Whole Ethos of the Company is Energy Independence”, Sunpower Renewables Updated On Mon, Aug 30th, 2021 by Saurenergy As the energy market continues to open up In India, it’s throwing up a number of opportunities for firms. One such firm is Australia based Sunpower Renewables, which has focused on storage based solutions using Lithium Ion batteries. Starting with a simple solar lantern back in 2016, the firm today is offering an array of […] Read more
Why So Slow? JP Morgan Energy Paper Seeks To Answer The Question Updated On Thu, Aug 19th, 2021 by Saurenergy The asset and wealth management arm of JP Morgan Chase & Co. Has released its annual energy paper, “Eye on the Market,” which examines current trends on the ground every year as the fourth great energy transition unfolds. The 11th edition of this paper zero’s in on one question: Why is the transition taking so […] Read more
Maharashtra Renewable Plans Back On Track, Powered By Lower Costs Updated On Thu, Aug 19th, 2021 by Saurenergy 2021 has been a good year so far, for renewable energy growth in Maharashtra, with the primary state discom, Maharashtra State Electricity Distribution Company Limited (MSEDCL) finally happy with the bids it received for its recent tenders. With prices dropping to as low as Rs 2.42 for its last solar tender, besides Rs 2.62 for […] Read more
IKEA To Start Selling Renewable Electricity To Swedish Households Updated On Wed, Aug 18th, 2021 by Saurenergy IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […] Read more
MNRE Starts Loan Scheme for Waste to Energy Biomethanation Projects Updated On Thu, Aug 12th, 2021 by Saurenergy At a recent webinar organised on ‘World Biofuels Day’, the Ministry of New and Renewable Energy (MNRE), in association with the United Nations Industrial Development Organization (UNIDO) and the Global Environment Facility (GEF), launched a loan interest subvention scheme to provide financial assistance to innovative waste to energy biomethanation projects and business models. A GIS […] Read more
Reliance Joins Bill Gates, Paulson To Pump $144 M Into Energy Storage Firm Ambri Inc Updated On Tue, Aug 10th, 2021 by Saurenergy Reliance New Energy Solar Ltd (RNESL), Bill Gates, Japan Energy Fund and a few other strategic partners are investing $144 million into US energy company Ambri Inc to help it commercialize and grow its daily cycling, long-duration system technology, and build a domestic manufacturing facility. “This financing supports the commercial growth of our company and technology,” said Dan […] Read more
Renewable energy statistics 2021 Updated On Mon, Aug 9th, 2021 by Saurenergy Renewable Energy Statistics 2021 by IRENA provides data sets on the power-generation capacity for 2011-2020, actual power generation for 2011-2019, and renewable energy balances for over 130 countries and areas for 2018-2019. Data were obtained from a variety of sources, including an IRENA questionnaire, official national statistics, industry association reports, consultant reports, and news articles. […] Read more
Masdar & EDF led 400MW Wind Farm in Saudi Arabia Begins Generation Updated On Mon, Aug 9th, 2021 by Saurenergy The 400 MW utility-scale wind power project, developed by a consortium led by EDF Renewables and Masdar, two of the world’s leading renewable energy companies, has started to produce electricity. The wind farm is claimed to be the largest and first in the Kingdom of Saudi Arabia. Called Dumat Al Jandal, it has been successfully […] Read more