Solar Startup Greenland Plans 5 GW PV Mfg Plant in Spain Updated On Thu, Apr 22nd, 2021 by Saurenergy Spanish startup Greenland is partnering with Fraunhofer Institute for Solar Energy Systems (ISE) and Bosch Rexroth to set up a 5GW vertically integrated solar module factory in Spain, which will be built and operated in the free trade zone of the port of Seville in Andalusia. Fraunhofer ISE, the research institute, will contribute in the capacity of […] Read more
Cross Border Electricity Trade in the Age of Renewables- New Trends and Developments Updated On Tue, Apr 20th, 2021 by Saurenergy Trading in electricity, unlike what many people might know, has been an intrinsic part of trade for many regions of the world. After all, it is only a little different from the energy trading that we all understand, be it oil or gas. In markets like Europe, which have found ways to bring down barriers […] Read more
With Intense Covid 2nd Wave, SPDA Appeals For a Further 3 Month Breather From MNRE Updated On Mon, Apr 19th, 2021 by Saurenergy The Solar Power Developers Association (SPDA), a key representative body for solar developers, has appealed to the MNRE for a further 3 month extension on top of the 5 month extension granted back in 2020, for completing solar projects. The association counts large developers including Avaada power, Azure Global, Acme Solar and ReNew Power amongst […] Read more
Lohum Plans 250-crore Investment in Capacity Expansion Over Next 3 Yrs Updated On Mon, Apr 19th, 2021 by Saurenergy Lohum Cleantech, the lithium-ion battery manufacturer and recycler based in New Delhi, is planning to invest around 250 crores in the following three years towards expanding its manufacturing capacity, which currently stands at 300 MWh of batteries per year and 200-250 units a day, with aims to eventually venture into the production of batteries for […] Read more
Solar O&M Gets Set For The Big League In India Updated On Mon, Apr 19th, 2021 by Saurenergy As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […] Read more
Eastern and Southern Africa’s Vast Renewables Potential Offers Route to Sustainable Growth: IRENA Updated On Fri, Apr 16th, 2021 by Saurenergy Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set to grow at between 3.4 and 5 percent per year to 2040. Meeting that demand is key to bolstering long-term growth in the […] Read more
Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S Updated On Fri, Apr 16th, 2021 by Saurenergy As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […] Read more
India is not Responsible for Climate Change That is Happening: Javadekar Updated On Thu, Apr 15th, 2021 by Saurenergy Prakash Javadekar has said that India will raise its climate ambitions, but it is not responsible for climate change that is happening. Union Minister of Environment, Forest and Climate Change Prakash Javadekar while addressing the press after a meeting with French Foreign Minister Jean-Yves Le Drian at the French Embassy has said that India will raise its climate ambitions but […] Read more
IKEA’s First Investment in Russia’s Solar Projects Covers 160 MW Updated On Wed, Apr 14th, 2021 by Saurenergy Ingka Group, the largest IKEA retailer, has announced that its investment arm, Ingka Investments, will fund 160 MW of solar projects, worth $272 million, in south-west Russia, so as to accelerate its investment in renewable energy. The Netherlands-based company has signed an agreement with Solar Systems, LLC, to acquire a 49% stake in its eight […] Read more