News Briefs June 21- Nextracker, Sembcorp, German Solar Target Updated On Fri, Jun 21st, 2024 by Saurenergy Nextracker Acquires Ojjio US solar tracker firm Nextracker has acquired Ojjo Inc., a leading foundations business in the solar power sector. This strategic move will allow Nextracker to providing comprehensive system solutions. According to Dan Shugar, Nextracker CEO, Optimization of the foundations and solar trackers enables customers to meet or exceed project-level LCOE targets while […] Read more
BESS HVAC & FPS Design Engineer Updated On Wed, Jun 19th, 2024 by Saurenergy We are seeking a highly skilled and experienced Battery Energy Storage System (BESS) HVAC Fire Protection Design Engineer to join our team. The successful candidate will be responsible for the design and development of HVAC and fire protection systems specifically for BESS installations. This role requires a deep understanding of HVAC systems, fire protection engineering, […] Read more
RMI Foresees Cleantech To Drive 10% Of Global GDP Growth Updated On Wed, Jun 19th, 2024 by Saurenergy The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […] Read more
Despite Record Investments, World Off Track For 2030 RE Target: EY Updated On Wed, Jun 19th, 2024 by Saurenergy Global accounting firm Ernst & Young (EY) recently reported a decline in overall global energy investments, failing to keep the world on track for the 2030 renewables targets. EY report found that, despite last year’s surge of US$1.8 trillion in clean energy investment, including US$660 billion earmarked for renewables, investment remains below the COP28 target of […] Read more
NTPC Issues Standalone BESS Tender For 250MW/500MWH Capacity Updated On Thu, Jun 13th, 2024 by Saurenergy NTPC Limited has now issued a global tender for standalone Battery Energy Storage System (BESS). The Indian power behemoth has sought the tenders for a capacity of 250MW/500MWH for its captive plants. As per the details given in the tender, NTPC will use the BESS services for its NTPC-Gadarwara plant and NTPC-Solapur plant. These BESS […] Read more
China’s ‘Spare Solar’ Capacity Offers Energy Access Avenues: EMBER Updated On Wed, Jun 12th, 2024 by Saurenergy A recent report by EMBER delved into the untapped potential of surplus solar manufacturing capacity in China, highlighting its pivotal role in addressing both energy access and climate change. It revealed that despite the exponential growth in global solar manufacturing capacity, the deployment of solar panels worldwide lags significantly behind. According to estimates by the […] Read more
IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024 Updated On Thu, Jun 6th, 2024 by Saurenergy The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […] Read more
Octopus Australia To Develop 1 GW Wind Farm, Acquires Land For Project Updated On Thu, Jun 6th, 2024 by Saurenergy UK-based Wind Energy firm subsidiary, Octopus Australia has announced the successful acquisition of an additional 28,000 hectares of land near Deniliquin, NSW, for the development of the new 1GW Merino Wind Farm. This land is adjacent to the 400MW Saltbush Wind Farm also owned by Octopus. According to Octopus, with this latest acquisition, the company […] Read more
REC Prices At Power Exchanges Take A Dip After Tweak In Rules Updated On Wed, Jun 5th, 2024 by Saurenergy With a tweak in the regulations related to Renewable Energy Certificates (RECs), the Indian Power Exchanges has seen its increased trading. The domestic power exchanges like IEX claimed that with an increase in its trading, the prices of the same have shrunk. The top management of IEX in its recent investors call told its investors […] Read more