Recurrent Energy’s Storage Footprint Grows in US, 11 GWh in Pipeline Updated On Wed, Jun 23rd, 2021 by Saurenergy Recurrent Energy, LLC, a wholly-owned subsidiary of Canadian Solar Inc. announced yesterday that it has expanded its energy storage footprint in the United States with several leading Battery Energy Storage Systems (BESS) contracted to be built in 2021 and 2022. These projects span retrofits as-a-service, solar plus storage PPAs, and stand-alone storage tolling agreements. California’s […] Read more
Experts Find Lower Costs, Cheap Credit To Be Decisive For Energy Future Updated On Fri, Jun 18th, 2021 by Saurenergy What does the energy landscape look like in the post-Covid era? Ajay Mathur, Director, International Solar Alliance, believes that as we look to the future, two-three key changes emerge: One, post the pandemic, energy equipment buyers are considering the operating costs of energy with greater emphasis, largely because of the greater availability of credit, which […] Read more
Solar Powered Irrigation Would Accelerate India’s Energy Transition: IEEFA Updated On Mon, Jun 14th, 2021 by Saurenergy In a new report, the Institute for Energy Economics and Financial Analysis (IEEFA) says that solar pumps help to expand distributed solar generation while catering to agriculture’s vast power demand. And in India, Solar-powered irrigation can help achieve its Energy Transition as the country is already lagging far behind its near-term target of 40GW of […] Read more
Amid Renewable Energy’s Expansion, Gas is Losing Traction: IISD Report Updated On Mon, Jun 14th, 2021 by Saurenergy The Step Off the Gas report, published earlier this month by the International Institute for Sustainable Development (IISD), examines international public finance for natural gas expansion in the Global South and the choices countries face in how to develop their energy systems while meeting socio-economic needs. The report assesses economic and environmental risks from gas […] Read more
Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report Updated On Mon, Jun 14th, 2021 by Saurenergy Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […] Read more
US Deploys 910 MWh of Energy Storage with 225% Increase in Q1 Updated On Thu, Jun 10th, 2021 by Saurenergy In a sign that energy storage systems continue to make strong progress in the country, the US marked the biggest Q1 2021 (quarter one) deployments so far for its energy storage market. According to a report from Wood Mackenzie and the U.S. Energy Storage Association (ESA), the US added 910 MWh (megawatt-hours) of new energy […] Read more
World’s 1st Solar-Hydro Plant for Longer Duration Energy Storage: ARENA Updated On Thu, Jun 10th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its first of a kind ‘solar hydro’ power plant comprising 4 MW of solar PV generation and 3 MW / 50 MWh (17 hours) of dispatchable storage capacity […] Read more
Clean Energy Investment in Developing Economies a Global Priority: IEA Updated On Thu, Jun 10th, 2021 by Saurenergy New report from IEA, in collaboration with World Bank and World Economic Forum, shows concerted international efforts are needed for a sustainable and resilient economic future in developing world The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling for a […] Read more
U.K. Poised to Become Net Energy Exporter to Europe in Near Future Updated On Tue, Jun 8th, 2021 by Saurenergy Although the UK currently imports around 7% of its electricity from Europe, the tables are going to be turned soon, partly due to the on-going establishment of new links to the continent. Aiming to quadruple offshore wind capacity this decade, the UK could have excess power to send through those transmission lines. Consequently, the UK […] Read more
