IEX update for Feb’22, solar prices at Rs 3.93/ unit In GTAM market Updated On Fri, Mar 4th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 8760 MU volume in February’22 comprising 7695 MU in the conventional power market, 453 MU in the green power market and 612 MU (6.12 lac certificates) in the REC Market. Overall, the exchange achieved 29% YoY volume growth across all market segments during the month. According to the power […] Read more
Renewable Energy to Power First Lithium Mines of North America Updated On Thu, Mar 3rd, 2022 by Saurenergy Canadian mining major Snow Lake Lithium which has plans to open the first lithium mine in North America in the near future says the mining will be done using renewable energy completely. As per Snow Lake Lithium, the lithium resource mining will start in the province of Manitoba in Canada in 2024 or 2025. The […] Read more
Honeywell’s 20 MW ESS For Hecate Energy in New Mexico Updated On Tue, Mar 1st, 2022 by Saurenergy Honeywell has confirmed it will supply Hecate Energy with an Energy Storage System (ESS) for a solar park located on the Jicarilla Apache Nation in Northern New Mexico. When completed later this year, the 50-megawatt (MW) solar farm will be capable of supplying enough electricity to power up to 16,000 average New Mexican homes for […] Read more
Motive Energy to Soon Offer Solar Solutions, ESS and EV Charging Updated On Wed, Feb 23rd, 2022 by Saurenergy Motive Energy, a US-based forklift battery and charger supplier, has announced the expansion of its offerings to include Solar, Energy Storage Systems (ESS), and Electric Vehicle (EV) charging. Motive Energy is restructuring into two divisions: Power Solutions and Energy Solutions. The firm’s existing material handling offerings will form its Power Solutions division while it is […] Read more
Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister Updated On Mon, Feb 21st, 2022 by Saurenergy The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […] Read more
Rooftop Solar Installation Price to Rise Until 2023: GlobalData Updated On Fri, Feb 18th, 2022 by Saurenergy Those striving to improve their carbon footprint by installing rooftop solar panels during the pandemic missed out on what has been over a decade-long annual price drop, according to GlobalData. The data and analytics company found that the price of panel systems dropped every year between 2013 and 2020, after which COVID-19-related supply chain disruption […] Read more
US Researchers Pursue 5¢/kWh Energy Cost Goal with New CSP System Updated On Thu, Feb 17th, 2022 by Saurenergy The US National Renewable Energy Laboratory (NREL) and the Department of Energy (DoE) are working on a state-of-the-art concentrated solar power (CSP) facility as the government looks to reduce the energy cost to a mere 5 cents per kWh. The new technology is expected to have the potential to lower the cost of renewable energy […] Read more
Sweden Embarks on 120 TWh Offshore Wind Energy Updated On Thu, Feb 17th, 2022 by Saurenergy Sweden has come up with a massive new marine plan wherein the government has committed itself to develop 120 TWh offshore wind energy in the coming few years to fulfil the power needs of the country. The Swedish Energy Agency has already identified three key areas to begin with. The Swedish government has identified three […] Read more
IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others Updated On Wed, Feb 16th, 2022 by Saurenergy Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries. According to the firm, growing demand […] Read more
