Global Electricity Demand Growing Faster than Renewables: IEA Report Updated On Fri, Jul 23rd, 2021 by Saurenergy Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, says a new report from the International Energy Agency. After falling […] Read more
Sunseap, BP Batam Partner to Build 2.2 GWp Floating PV in Indonesia Updated On Thu, Jul 22nd, 2021 by Saurenergy Singapore-based solar developer Sunseap Group has signed a Memorandum of Understanding (MoU) with Badan Pengusahaan Batam (BP Batam) for the building of a floating photovoltaic system (FPV) and energy storage system (ESS) on a reservoir in Indonesia’s Batam Island for an estimated cost of US$2 billion. Under the MoU, Sunseap will develop a FPV and […] Read more
Indian Oil Corporation to Build Country’s First Green hydrogen Plant Updated On Thu, Jul 22nd, 2021 by Saurenergy India’s largest oil firm, Indian Oil Corporation Limited (IOC) has announced plansto build the first-ever commercial green hydrogen plant at its Mathura refinery in Uttar Pradesh. IOC has taken this step intending to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the […] Read more
Nextracker Adds 728 MW Projects From Intersect Power in US Updated On Wed, Jul 21st, 2021 by Saurenergy Nextracker has just scored a big win in a US solar project. Intersect Power, one of North America’s largest developers of utility-scale renewable energy, has announced Signal Energy as the engineering, procurement, and construction (EPC) firm and supply of the NX Horizon smart solar trackers and TrueCapture yield optimization software from Nextracker for two utility-scale […] Read more
Vikram Solar Inaugurates 1.3 GW Module Production Facility in Tamil Nadu Updated On Tue, Jul 20th, 2021 by Saurenergy Gurugram-based Vikram Solar has unveiled a new solar photovoltaic module 1.3 GW manufacturing facility located at Indospace Industrial Park, Oragadam, Tamil Nadu. With this unit, Vikram Solar’s cumulative PV module manufacturing capacity reaches 2.5 GW, which the company claims is currently the largest in India. The new manufacturing facility, which was inaugurated by the state’s Chief […] Read more
India Planning Bids for 4 GWh of Grid-Scale Battery Storage System Updated On Tue, Jul 20th, 2021 by Saurenergy In an attempt to make the country’s electricity green, the Indian government is planning to invite bids for setting up around 4 GWh (4000 MWh) of grid-scale battery storage system at regional load dispatch centres (RLDCs), according to an announcement made by the Minister of Power and New and Renewable Energy, Raj Kumar Singh. The Union […] Read more
Siemens to Build 100 MW Battery Storage Facility in Germany Updated On Tue, Jul 20th, 2021 by Saurenergy Technology company Siemens Smart Infrastructure has signed a letter of intent with Zukunftsenergie Nordostbayern GmbH for the turnkey construction of a 100 MW battery storage facility in Wunsiedel, Germany. The plant, with a storage capacity of 200 megawatt hours, is intended to use surplus renewable energy and cover demand peaks in the power grid. The 5,000 square […] Read more
Stagnation in RE Subsidies, Financial Support Needed: IISD-CEEW Report Updated On Fri, Jul 16th, 2021 by Saurenergy India’s quest to achieve its goals for “Aatmanirbhar Bharat” and a clean energy transition, part of the economic recovery from COVID-19, is missing a key ingredient: adequate financial support for renewable energy. This is the conclusion reached upon by a new report released by the International Institute for Sustainable Development (IISD) and the Council on […] Read more
California’s ‘Solar Deflation’ Offers Lessons In Managing Solar Expansion Updated On Fri, Jul 16th, 2021 by Saurenergy The Breakthrough Institute has released a report analyzing solar value deflation in California from 2014 to 2020, during which period the value of solar fell by around 37% relative to other sources of electricity. While on the face of it, this is great news, as it is a big reason why solar has gained, and […] Read more
