2020-When Energy Storage Got Serious in India Updated On Fri, May 15th, 2020 by Saurenergy The recent win for Renew Power in the round the clock power tender for 400 MW at Rs 2.90 kWh marked a huge turning point for storage in India too. For one, the renewable+ storage combination as a way to get power at all hours possibly, and at scale, is no longer a possibility that […] Read more
The 90K Stimulus Impact. Will Indian Solar Asset Sales Slow Down? Updated On Thu, May 14th, 2020 by Saurenergy It is no secret that many developers were forced to sell off their renewable energy assets in the recent past to meet their liquidity requirements. From selling by the Shapoorji Pallonji group, which owns leading EPC developer Sterling and Wilson, to reports of Renew Power being in talks, there have been a string of deals […] Read more
Mineral Production to Rise as Demand for Green Energy Increases: World Bank Updated On Thu, May 14th, 2020 by Saurenergy A new report shows that production of certain minerals could increase by nearly 500% by 2050 to meet the growing demand for green energy technologies. A new World Bank Group report shows that production of minerals like graphite, lithium and cobalt could increase by nearly 500 percent by 2050 to meet the growing demand for green energy technologies. […] Read more
Nearly 600,000 Clean Energy Jobs Lost in the US due to Pandemic: Report Updated On Thu, May 14th, 2020 by Saurenergy A new report has revealed that April saw at least 447,200 new clean energy jobs lost, bringing the total to 594,300 since the beginning of the pandemic. A report tracking the impact of the Coronavirus pandemic on US employment has revealed that April brought clean energy job losses triple those seen in March, for an […] Read more
Lithium Ion To Stay Numero Uno Option for Storage, Say Researchers Updated On Wed, May 13th, 2020 by Saurenergy A recent three day meeting between researchers from Germany and Israel has concluded that lithium-ion batteries will continue to rule in the storage space in the near future. Redox flow storage, which has made strides recently, did find a mention for its potential, especially in stationary applications. However, price for Redox flow storage remains a […] Read more
TransAlta Renewables Net Earnings Slip in Q1 Updated On Tue, May 12th, 2020 by Saurenergy Canada-based independent power producer (IPP) TransAlta Renewables has reported a sharp decline of CAD 73 million in its net earnings attributable to common shareholders to merely CAD 3 million, during the first quarter of 2020. The company’s net earnings attributable to common shareholders stood at CAD 76 million in the same period last year. Further, […] Read more
CIT Leads $217 Mn Financing for 200 MW Solar Project in Ohio Updated On Tue, May 12th, 2020 by Saurenergy The CIT group’s Power and Energy unit served as lead arranger on a USD 217 million financing for the 200 MW Hillcrest solar PV project in Brown County, Ohio The CIT group has announced that its Power and Energy unit served as lead arranger on a USD 217 million financing for the 200-megawatt (MW) Hillcrest solar photovoltaic project in Brown County, Ohio. The financing was […] Read more
Indian Oil Tenders for 150 kW Solar System in UP Updated On Mon, May 11th, 2020 by Saurenergy The Indian Oil Corporation (IOCL) has issued a tender for the commissioning of a solar power system at the firms’ LPG bottling plant in Kanpur, UP. The Indian Oil Corporation (IOCL) has issued a tender for the commissioning of a solar power system at the firms’ LPG bottling plant in Kanpur, UP. The scope of […] Read more
ARENA to Support BP Study to Scale Renewable Hydrogen in Australia Updated On Mon, May 11th, 2020 by Saurenergy ARENA has announced AUD 1.71 million in funding to BP Australia to assess the feasibility of building a renewable hydrogen facility in Western Australia. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced AUD 1.71 million in funding to BP Australia Pty Ltd (BP Australia) to assess the feasibility of […] Read more
