Energy Storage to Grow 122-Fold Over Next 2 Decades: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […] Read more
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
Energy Startups Graduate from Shell E4’s Second Cohort Updated On Fri, Jul 19th, 2019 by Saurenergy The Shell centre housed the selected startups at a co-working space for 6 months and offered them seed funding of USD 20,000 each. Ten startups from the field of energy and sustainability have successfully graduated from second cohort of the E4 programme of Shell, which is one of the most diversified international energy companies in […] Read more
Renewable Energy From Recycling Plastics Updated On Thu, Jul 18th, 2019 by Saurenergy Researchers have found a method of recycling plastics to create carbon nanotubes, which conduct heat and electricity but also help reduce plastic waste A team of researchers from Swansea University in the UK has found a method of recycling plastics to create high value materials such as carbon nanotubes, which can not only conduct heat and […] 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
EIB, Amundi Launch €1Bn Financing Program for European Energy Transition Updated On Wed, Jul 10th, 2019 by Saurenergy Amundi and EIB have signed a partnership agreement to launch the Green Credit Continuum investment programme with the goal to speed up the energy transition. With a view to deploying the new financing needed to meet the Paris Agreement targets in the EU, European asset management leader Amundi and EU green bond pioneer the European […] Read more
Innovation, Policy Revisions and Digitization are Escalating the Energy Transition Updated On Thu, Jul 4th, 2019 by Saurenergy Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […] Read more
Renewables to Provide 21% Electricity for Energy Hungry Data Centres: Survey Updated On Thu, Jun 27th, 2019 by Saurenergy A new survey has projected then that around 21% of the power required to run data centres would come from renewables by 2025. A new survey has revealed that corporates aren’t as bullish on the prospects for renewables like solar and wind power in powering data centres as they were in 2014. They had projected […] Read more
Global Investments in Renewable Energy Hit $288 Billion: BNEF Report Updated On Wed, Jun 19th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
