Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report Updated On Thu, Apr 1st, 2021 by Saurenergy The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […] Read more
SolRiver Capital Acquires 45 MW Solar Portfolio in Carolinas From Birdseye Renewable Energy Updated On Wed, Mar 31st, 2021 by Saurenergy SolRiver Capital LLC, a national solar investment fund, has announced the acquisition of a 45 megawatt solar portfolio located throughout the Carolinas from Birdseye Renewable Energy (“Birdseye“), a leading developer of solar energy projects in the Southeastern United States. This is the second acquisition between SolRiver and Birdseye. The first project, located in North Carolina, was successfully […] Read more
Improving Data Exchange Between Wind Farms and Power System key to Cost-Effective Energy Transition Updated On Wed, Mar 31st, 2021 by Saurenergy With increasing shares of distributed energy, seamless data exchange between power generation assets and grid operators is central to a cost effective management of the energy system. Clear guidance at EU level and consistent implementation at national level can reduce system operation costs. And they can make the EU power system more secure and reliable. […] Read more
Biden Administration Jump-starts Offshore Wind Energy Projects Updated On Tue, Mar 30th, 2021 by Saurenergy The Biden Administration has announced a set of bold actions that it believes will catalyse the offshore wind energy sector in the US, strengthen their domestic supply chain, and create good-paying, union jobs. As per the White House briefing, National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina […] Read more
Adani Green Completes Rs 133 crore Spinel Energy Buyout Updated On Tue, Mar 30th, 2021 by Saurenergy Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […] Read more
Renew Power Starts 300 MW Gujarat Wind Energy Plant Updated On Fri, Mar 26th, 2021 by Saurenergy ReNew Power, a leader among renewable energy firms in India, has announced the commissioning of a 300 megawatt (MW) wind power generation facility in Gujarat. The project was previously awarded to ReNew’s operating subsidiary ReNew Wind Energy (AP2) Private Limited in a competitive E-reverse auction conducted by the Solar Energy Corporation of India (SECI). The […] Read more
Global Wind Energy Growth Must Triple by 2030 to Achieve Net-Zero: GWEC Updated On Thu, Mar 25th, 2021 by Saurenergy 2020 was the best year in history for global wind industry, but a new report warns that this growth is not enough to achieve net-zero by 2050 2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 percent year-on-year increase – but a […] Read more
Europe’s Energy Storage Market Expected to Double in 2021: EMMES 5.0 Updated On Thu, Mar 25th, 2021 by Saurenergy According to a report released by the European Association for Storage of Energy (EASE) and Delta-EE today, Europe‘s annual energy storage market is expected to reach 3 GWh in 2021 from 1.7 GWh in 2020, almost double the growth rate. The fifth edition of the European Market Monitor on Energy Storage EMMES 5.0, which report […] Read more
India Should Double Down on Renewable to Achieve Energy Targets 2030: Study Updated On Wed, Mar 24th, 2021 by Saurenergy India should double down on renewables to achieve its aggressive renewable energy targets in India’s electricity grid in 2030, according to a recent study by the researchers at UC Santa Barbara. The study analyzes electricity and carbon reduction costs linked with India’s energy targets in the electricity grid in 2030 and discovers that the majority […] Read more
