Asia Pacific Offshore Wind Market To Be Worth $56.8 B by 2026: Report Updated On Tue, Aug 10th, 2021 by Saurenergy The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. During this time, the Asia Pacific region is expected to dominate the market. Offshore wind turbines are increasingly being installed and is showing […] Read more
AGL & Wärtsilä to Build 250MW Grid-scale BESS in South Australia Updated On Mon, Aug 9th, 2021 by Saurenergy Australian integrated energy company, AGL Energy Ltd. will build a 250 MW grid-scale battery energy storage system at Torrens Islands in South Australia. The firm has announced an investment of $180 million to construct its first grid-scale BESS project and the second biggest in Australia. AGL has appointed Finnish technology major in marine and energy […] Read more
IPO Time For India Solar Equipment Manufacturers In 2021 Updated On Mon, Aug 9th, 2021 by Saurenergy After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […] Read more
Iron-based Batteries’ Future Looks Bright As Tesla Weighs In Updated On Fri, Aug 6th, 2021 by Saurenergy Of late, leading executives in the automotive sector have been indicating a reversion to older, cheaper lithium-iron-phosphate (LFP) batteries in their products. Tesla CEO Elon Musk has recently spoken of such a shift in the company’s energy storage devices and some entry-level EVs. Additionally, Ford CEO Jim Farley has said the company would use LFP batteries […] Read more
Rooftop PV is Australia’s Second Largest Generator Now, says AEC Updated On Fri, Aug 6th, 2021 by Saurenergy At more than 14.7 GW rooftop solar is now the second largest generator by capacity in Australia, according to the Australian Energy Council’s (AEC) latest Quarterly Solar Report. We have reported earlier on how Australia has been one of those rare large markets where rooftop solar had led growth over utility solar. This has been due […] Read more
EV Startup Toutche Expands Its Operations In UK & EU Regions Updated On Wed, Aug 4th, 2021 by Saurenergy Indian electric bike (e-bike) start-up, Toutche Plans expansion into new markets and dynamic growth plans overseas. Along with continuing to grow its presence in India, Toutche Electric today announced that it is working on expanding its geographic footprint worldwide, with growth expected in the UK & EU regions. Further gaining its ground in the global […] Read more
Tata Cleantech Report On The Indian Renewable Open Access Landscape Updated On Wed, Aug 4th, 2021 by Saurenergy A joint venture between Tata Capital Limited and International Finance Corporation (World Bank Group), Tata Cleantech Capital Ltd (TCCL), has made a report on the market trends and state comparatives of Indian Renewable Open Access. Globally, commercial and industrial (C&I) consumers, or corporates, account for 64% of the total electricity consumption. Under open access electricity […] Read more
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power Updated On Mon, Aug 2nd, 2021 by Saurenergy Canada-based OMERS Infrastructure recently announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited, for a total consideration of approximately US$219 million. Founded in 2008, Azure Power is a leading independent renewable power producer located […] Read more
Trade-led Solar PV Deployment Likely to Create 40 M Jobs by 2050: Study Updated On Mon, Aug 2nd, 2021 by Saurenergy A new joint report by International Renewable Energy Association (IRENA) and World Trade Organisation (WTO) examines how trade policies can support cost reductions, deployment of components & job creation in the solar PV sector. The report entitled “Trading into a Bright Energy Future: The Case for Open, High-quality Solar Photovoltaic Markets” finds, among other things, that trade-led solar […] Read more
