EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments Updated On Fri, Feb 8th, 2019 by Saurenergy The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […] Read more
Abu Dhabi Commissions World’s Largest Storage Battery Updated On Wed, Feb 6th, 2019 by Saurenergy The battery could potentially power the city of Abu Dhabi for six hours in case of a failure in the main grid. Otherwise, it will serve a function as a load balancer for the network. Abu Dhabi has commissioned a grid-scale deployment of a sodium-sulphur storage battery with a capacity of 108 MW/646 MWH battery […] Read more
DEWA and Siemens Begin Development of Solar-Powered Hydrogen Project Updated On Tue, Feb 5th, 2019 by Saurenergy The facility is being built at DEWA’s outdoor testing facilities in the R&D Centre at the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The Dubai Electricity and Water Authority (DEWA), Expo 2020 Dubai and Siemens have begun work on what is soon to become the first solar-powered hydrogen electrolysis facility in the Middle […] Read more
Containerised Solar PV Solutions to Provide Clean Energy to Off-Grid Populations Updated On Tue, Feb 5th, 2019 by Saurenergy The containerised system can work as a grid-tied system where power is available and as an off-grid system where the grid is unavailable. Keeping in view the agenda of attaining universal electricity access by 2030, and to enable access to reliable and affordable energy, STEAG Energy Services has developed a containerised hybrid Solar PV solution […] Read more
GE Expands Renewable Energy Portfolio Updated On Thu, Jan 31st, 2019 by Saurenergy The proposed moves will enable GE Renewable Energy to drive more local and integrated solutions, simplify its structure, and improve performance. GE has announced that it intends to intensify its focus on the growing renewable energy market by consolidating all of the company’s renewable and grid assets into a single, simplified Renewable Energy business. GE […] Read more
UAE’s Yellow Door Energy Raises $65 Million Updated On Wed, Jan 30th, 2019 by Saurenergy The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar and energy efficiency solutions into new markets. Yellow Door Energy, a UAE-based leading solar developer, announced that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions […] Read more
Power Distribution Sector Needs Skill Development and Soon! Updated On Mon, Jan 28th, 2019 by Saurenergy Distribution companies need to undertake measures like smart metering, smart grid technology, switching to renewable sources of energy, adoption of blockchain in managing distributed energy resources and Artificial Intelligence. All of this calls for upscaling of existing workforce and preparing future power sector professionals to make strong impacts in the power sector. The need of […] Read more
Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA) Updated On Mon, Jan 28th, 2019 by Saurenergy High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […] Read more
Wood Mackenzie Lists 10 Trends that Will Shape the Global Solar Market this Year Updated On Wed, Jan 23rd, 2019 by Saurenergy There is over 63 GW of single-developer mega project capacity (500 MW+) in the global pipeline, 84% of which is comprised of projects in pre-construction phases. In a new report, authored by its analysts Tom Heggarty and Benjamin Attia, consultancy firm Wood Mackenzie has charted the top ten trends that will shape the global solar market […] Read more
