Key Factors Behind India’s Record Low Solar Tariff of Rs 2/kWh: IEEFA Updated On Fri, Dec 4th, 2020 by Saurenergy In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs […] Read more
Deadline Extended for EOI Submission for RE Solutions in Himalayas Updated On Wed, Dec 2nd, 2020 by Saurenergy SECI has extended the deadline for submission of EOI for its call for RE based solutions for meeting energy needs in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued a notification, extending the last date for submission of Expression of Interest (EOI) for its call for renewable energy (RE) […] Read more
The Case For Storage Is a Tough Sell At Reinvest 2020 Updated On Wed, Dec 2nd, 2020 by Saurenergy RE-invest 2020’s session on battery storage, with a focus on innovation and sustainability, sent out mixed messages on the potential for, and need for battery storage in India. Thus, while some of the panelists drove home the point that long term storage was not really a requirement for India yet, considering the little gap between […] Read more
UK Approves Europe’s Biggest Battery By Intergen, 320MW/640 MWh By 2024 Updated On Wed, Dec 2nd, 2020 by Saurenergy Edinburgh-headquartered energy company InterGen has been granted planning consent to build the UK’s largest battery storage project at DP World London Gateway on the Thames Estuary, The £200m (Rs 1,970 crores) project is set to provide at least 320MW/640MWh of capacity, with the potential to expand to 1.3GWh – more than ten times the size […] Read more
IRENA and Ocean Energy Europe Partner to Drive Ocean Energy Industry Updated On Tue, Dec 1st, 2020 by Saurenergy New IRENA reports forecast a 20-fold growth potential of ocean energy by 2030, providing coastal communities with a climate-safe roadmap for COVID-19 recovery The CEO of Ocean Energy Europe (OEE), Rémi Gruet and the Director-General of the International Renewable Energy Agency (IRENA), Francesco La Camera, signed a Memorandum of Understanding (MoU) today at the annual Ocean Energy Europe […] Read more
Small Hydro At Re-Invest 2020 Strives To Stay Relevant Updated On Tue, Dec 1st, 2020 by Saurenergy Caught between low cost solar power and wind, and the huge displacement and other environmental concerns of large hydro projects, small hydro tends to get missed out by policy makers. Especially as most potential here is limited to the hill states of Himachal especially, besides Uttarahand and now, Arunachal Pradesh. At RE-Invest 2020 though, where […] Read more
Preparing For a Renewable Future- The Business Models That Matter Updated On Tue, Dec 1st, 2020 by Saurenergy If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […] Read more
Renewables in APAC to be Cheaper Than Coal by 2030, Led by India Updated On Thu, Nov 26th, 2020 by Saurenergy A new report shows that most markets in the Asia Pacific (APAC) region can expect to see a cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030. With India and Australia expected to lead the charge. The latest report by Wood Mackenzie tails that across the region, new investments in renewables […] Read more
EU can be Self Sufficient in EV Battery Cells by 2025: VP Šefčovič Updated On Wed, Nov 25th, 2020 by Saurenergy Maroš Šefčovič, VP of the European Commission has claimed that he expects that by 2025, the EU will be able to produce enough battery cells to meet the needs of the European automotive industry Europe now a global hotspot for #battery investment, showing we can achieve open strategic autonomy. In large part thanks to the #EUBatteryAlliance. […] Read more