More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC Updated On Wed, Apr 3rd, 2019 by Saurenergy GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […] Read more
SolarMaxx Brings a Solar Carport at Mahaveer Cancer Hospital Updated On Mon, Apr 1st, 2019 by Saurenergy Solar Installations over your car parking areas, or carports as they are known, offer a convenient and effective option for institutions to start their solar journey. Here, we have the case of a healthcare institution traveling down that path. SolarMaxx, a leading PV module manufacturer in the country, has installed a solar carport at Mahaveer […] Read more
Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas Updated On Fri, Mar 29th, 2019 by Saurenergy Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […] Read more
US DOE Selects $36 Mn to Advance Solar Energy Integration Updated On Wed, Mar 27th, 2019 by Saurenergy The U.S. Department of Energy (DOE) selected up to $36 million in research projects that will advance solar energy’s role in strengthening the resilience of the Nation’s electricity grid. While fires, natural disasters, and cyberattacks can cause wide-spread power losses, even temporary disruptions in power quality can result in major economic losses. With more and more solar […] Read more
South Korea Unlikely to Meet 2030 Renewables Target : WoodMac Updated On Wed, Mar 27th, 2019 by Saurenergy South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […] Read more
TKM Meets 87% Energy Needs of Bidadi Plant With Renewable Energy Updated On Tue, Mar 26th, 2019 by Saurenergy Through renewable power sourcing during the first three quarters of FY 2018-19, Toyota Kirloskar Motor (TKM) contributes more than 51,000 tons of Co2 reduction. Guided by Toyota’s ‘Global Environmental Challenge’ 2050 in line with the United Nations Sustainable Development Goals, till January ‘19 [in FY 2018-19], TKM successfully sourced 87% of electricity from the renewable […] Read more
The Sunshine Sector’s Gender Challenge Updated On Mon, Mar 25th, 2019 by Saurenergy Why the solar sector needs to have more women As yet another International Women’s Day (IWD) came around on 8th March this year, the theme this year was ‘Balance for Better’- A balanced world is a better world. That got us thinking about the solar sector in India. The many industry conferences with their rare […] Read more
ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia Updated On Fri, Mar 22nd, 2019 by Saurenergy The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […] Read more
Japan’s Eurus Energy Acquires Share in Winlab Africa Updated On Thu, Mar 21st, 2019 by Saurenergy Japan’s wind energy developer Eurus Energy has acquired a share in Winlab Africa, a subsidiary of the Australian group Winlab Limited, with an investment of $10 million. The money will be used to finance several projects, including the Miombo Hewani wind farm in southwest Tanzania. A company statement explained that through this investment, Eurus Energy, […] Read more