Tesla Introduces New Battery for Utility Scale Energy Storage Updated On Wed, Jul 31st, 2019 by Saurenergy To match global demand for massive battery storage projects, Tesla has designed a new battery product specifically for utility-scale projects: Megapack. Two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia using Tesla Powerpack batteries. Since then, the facility saved nearly USD 40 million in its first year alone and helped […] Read more
India to Extend $100 mn Aid to Benin to Meet Sustainable Development Goals Updated On Wed, Jul 31st, 2019 by Saurenergy India has offered financial assistance of USD 100 million to Benin with an aim to help the West African country meet its Sustainable Development Goals. India has offered concessional financial assistance of USD 100 million to Benin with an aim to help the West African country meet its Sustainable Development Goals. President Ram Nath Kovind is currently on the […] Read more
India Leads Asia Pacific With Lowest Renewable Cost: Report Updated On Mon, Jul 29th, 2019 by Saurenergy India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. According to data furnished in a new report, India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. The report “Battle for the future: Asia Pacific renewable power competitiveness […] Read more
China’s CATL Joins Next Energy for Battery Storage Business in Japan Updated On Sat, Jul 27th, 2019 by Saurenergy CATL will provide the components for storage batteries and its Japanese partner Next Energy & Resources will be in charge of assembly. China’s CATL, the world’s largest maker of electric car batteries has partnered with Next Energy and will start selling products for homes and businesses in Japan in 2020 with an eye toward tapping […] Read more
MNRE Invites Proposals for Testing Hydrogen Fuel Buses in NCR Updated On Tue, Jul 23rd, 2019 by Saurenergy MNRE has invited preliminary project proposals for pilot demonstration of 4 hydrogen fuel cell powered buses in the Delhi-NCR region. The Ministry of New and Renewable Energy (MNRE) has been supporting R&D and demonstration projects in hydrogen and fuel cells area, this includes several projects for development and demonstration of hydrogen fuelled vehicles. A pilot […] Read more
Green Energy Investments Drop in First Half of 2019: Report Updated On Fri, Jul 12th, 2019 by Saurenergy According to a new report, the global investments in green energy projects in the first half of 2019 were $117.6 billion, a drop of 14 percent from the 2018 figure. The first half of 2019 saw a 39 percent drop in green energy investments in the world’s biggest market, China, to $28.8 billion, the lowest […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
Delhi’s Peak Power Demand Clocks Record 7241 MW Updated On Tue, Jul 2nd, 2019 by Saurenergy Delhi’s electricity demand touched an all-time high of 7241 MW on July 1, 2019, the highest peak power demand recorded in any Indian city. Delhi’s electricity demand touched an all-time high of 7241 megawatts (MW) on July 1, 2019, at 3:29 pm, the highest peak power demand recorded in any Indian city. “Delhi’s peak power demand […] Read more
70% Americans Support Nationwide Solar Mandate on New Homes Updated On Fri, Jun 21st, 2019 by Saurenergy A new survey has revealed that 70% of American adults would support a nationwide mandate requiring solar panels to be installed on all newly built homes. A new survey has revealed that as many as 70 percent American adults are eager to harness solar energy as they would support a nationwide mandate requiring solar panels […] Read more
