MEG and Partner Develop new Plan to Facilitate Sale of 2000 EV Buses in China Updated On Fri, Jun 12th, 2020 by Saurenergy MEG and partner Beijing Silk Road Rainbow Group have jointly developed a new energy bus plan to help facilitate the sale of more than 2000 EV buses in China Ideanomics has announced that its subsidiary – Mobile Energy Global (MEG) and partner Beijing Silk Road Rainbow Group have jointly developed a new energy bus plan to […] Read more
RTM Trading to Enable Efficient Price Discovery, Support Grid Balancing, Says ICRA Updated On Thu, Jun 11th, 2020 by Saurenergy The recent launch of the real-time market (RTM) for power trading likely to lead to efficient price discovery in the power trading market, said a leading credit rating agency, ICRA. On the other hand, it will also enable power distribution utilities (Discoms) and the open-access consumers to bid for electricity within 1 hour of the […] Read more
Aalborg CSP Buys Unique PTES Technology from Arcon-Sunmark Updated On Thu, Jun 11th, 2020 by Saurenergy Aalborg CSP, a Danish renewable and energy storage specialist, has acquired all rights and patents for the unique Pit Thermal Energy Storage (PTES) technology from Arcon-Sunmark A/S, a solar energy equipment supplier in the country. Now, this patented unique PTES technology, including a unique lid design, will be continued by Aalborg CSP for its global […] Read more
US Solar Market Sets Q1 Record, Impact of COVID-19 Likely on Q2: Report Updated On Thu, Jun 11th, 2020 by Saurenergy The US solar market installed 3.6 GW of new solar PV capacity in Q1 2020, representing its largest first quarter ever in the United States. The US solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter (Q1) ever in the United States. According to […] Read more
Covid, Consumer Focus Lead to ‘Regressive’ HERC Tariff Order for 2020-21 Updated On Thu, Jun 11th, 2020 by Saurenergy In its tariff order for the year 2020-21, the order of the Haryana Electricity Regulatory Comission throws up some issues which will be watched very carefully from here on. For the solar and broader renewable energy sector of course, the most serious hit is the waiver of the state’s RPO (Renewable Purchase Obligation) backlog till […] Read more
France Selects 306 Rooftop Solar Projects in Latest Auction Round Updated On Wed, Jun 10th, 2020 by Saurenergy France has selected 306 rooftop solar projects worth a combined 152 MW in generation capacity in the tenth round of auctions that were recently concluded The Ministry of Ecological and Solidarity Transition in France recently announced the winners in the tenth round of tenders for commercial and industrial rooftop PV systems with generation capacities ranging […] Read more
Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad Updated On Tue, Jun 9th, 2020 by Saurenergy A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […] Read more
Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA Updated On Tue, Jun 9th, 2020 by Saurenergy The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […] Read more
Equinor Investing More in RE Projects Than all Other Oil Majors Combined Updated On Mon, Jun 8th, 2020 by Saurenergy More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […] Read more
