US Plans $65Bn Investment In Offshore Wind, But Faces Constraints Updated On Wed, Jul 10th, 2024 by Saurenergy The American Clean Power Association (ACP) released the 2024 Offshore Wind Market Report, which projected the clean power industry to invest $65 billion in offshore wind projects by 2030. This can support 56,000 jobs in the United States. There are currently 12 gigawatts (GW) of projects with active offtake agreements, including 4 GW under active […] Read more
AM Green, SJVN Collaborate To Supply Green Energy To Ammonia Facilities Updated On Tue, Jul 2nd, 2024 by Saurenergy AM Green and SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN, have entered into a Memorandum of Understanding (MoU) for a long-term agreement to supply and source renewable energy. Under the agreement signed on 26th June 2024 in New Delhi, SJVN Green Energy Limited (SGEL) will supply 4,500 MW of carbon-free energy […] Read more
All In For Battery Based Energy Storage- Saurabh Kumar, GEAPP Updated On Mon, Jul 1st, 2024 by Saurenergy For India’s energy sector, the impact Saurabh Kumar has been well documented. Currently, the Vice President-India, GEAPP (Global Energy Alliance for People and Planet) Kumar is well known for being the man behind the LED revolution in the country, which he initiated during his stints as the key founder of the public sector Bureau of […] Read more
Serentica Invites Worldwide EoI for 800 MWh Standalone Battery Energy Storage Updated On Thu, Jun 27th, 2024 by Saurenergy Serentica Renewables has invited expressions of interest (EoI) to set up interstate transmission system-connected Battery Energy Storage Systems (BESS) to supply 800 MWh of battery capacity to Serentica’s round-the-clock green energy projects. Serentica is seeking technical partners worldwide to supply state-of-the-art Battery Energy Storage Systems capable of delivering reliable energy storage. The projects will comprise […] Read more
India Energy Storage Week Eyes Rs 2,000cr Investments In EV, Storage Updated On Thu, Jun 27th, 2024 by Saurenergy India Energy Storage Alliance (IESA) is all set to host the 10th edition of India Energy Storage Week (IESW) in New Delhi. In a press conference today, IESA announced the potential investment of over INR 2000 crore coming to India at IESW 2024. In the presence Cristian Valdes Carter, Director & Commercial Counsellor – India, […] 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
Access To Public Finance Key To Clean Energy Adoption In India: IEA Updated On Thu, Jun 13th, 2024 by Saurenergy The International Energy Agency (IEA) recently reported an increased usage of modern renewable energy between 2010 and 2021. The United Kingdom and Indonesia have reportedly made the greatest progress in the use of modern renewables (up 9 and 7 percentage points, respectively, in total final energy consumption). The two countries were closely followed by China, […] Read more
Vesper Energy Finalizes $592 Mn Investments For Hornet Solar Project Updated On Wed, Jun 12th, 2024 by Saurenergy Vesper Energy, a renewable energy developer, finalized construction and term loan syndication for its Hornet Solar project, representing approximately $592 million in investments. The syndication process was initiated after the Hornet Solar project’s financial close in December 2023. This signals continued investor confidence in the project and Vesper’s ability to deliver reliable, resilient infrastructure. “This […] Read more
