Maha Govt, JSW Sign MoU for Green Projects Worth ₹35,500 Cr Updated On Wed, Sep 15th, 2021 by Saurenergy The Maharashtra government and power major JSW Energy Ltd have signed two MoUs to set up two green projects worth Rs 35,500 crore. The agreement is part of the slew of initiatives under the state government’s Magnetic Maharashtra 2.0 initiative, started last year, to focus on stimulating investment and growth. “The two new projects will […] Read more
U.S. Solar Prices Rise, Despite 5.7GW Capacity Addition in Q2: WoodMac Updated On Wed, Sep 15th, 2021 by Saurenergy Despite the addition of 5.7 gigawatts (GWdc) of solar capacity in Q2 2021, supply chain constraints are leading to price increases across every solar market segment, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. This is the first time that […] Read more
Evenergi Sets Foot in India, Joins Hands with Chemi Tech for E-mobility Updated On Wed, Sep 15th, 2021 by Saurenergy Sydney-based software and consultancy services provider Evenergi has decided to launch its operations in India. The company, which has an active presence across 4 continents, is looking for global operations with India. The firm will be acquiring an 80% equity in Snel Charge India, part of the Chemi Tech Group. The company’s services help implement and optimise zero emissions […] Read more
NREL Study Chalks Out Plan for Zero-carbon Grid Using Solar Updated On Wed, Sep 15th, 2021 by Saurenergy By 2035, solar energy has the potential to power 40% of the USA’s electricity, drive deep decarbonisation of the grid, and employ as much as 1.5 million people—without raising electricity prices, finds a new study released by the U.S. Department of Energy (DOE). The study titled “Solar Futures Study” calls for massive and equitable deployment […] Read more
A PLI Scheme For Inverters Could be a Game Changer for India Updated On Wed, Sep 15th, 2021 by Saurenergy For Fimer India, ever since it completed its acquisition of ABB’s Solar Inverter business in March 2020, it has been all about building on it in India. Present in the country since 2010, it’s not like the firm was not known brand in India. Just that they are suddenly in the top tier, with plans […] Read more
Ocean Winds, Aker Submit Joint Bid for 6GW Offshore Wind in Scotland Updated On Tue, Sep 14th, 2021 by Saurenergy Spain-based Ocean Winds and Norway-based Aker Offshore Wind have submitted joint bids worth 6 GW for the development of floating offshore wind projects in the ScotWind leasing round. The joint venture has submitted bids for several sites in the Outer Moray Firth for offshore wind farms as part of the ScotWind process, which was accepting applications until […] Read more
Indonesia Ramping Up Solar Capacity to Meet 18 GW Target For 2025: Report Updated On Tue, Sep 14th, 2021 by Saurenergy Indonesia is considering how to reduce its growing greenhouse gas emissions. A moratorium on new coal power plants bodes well for growth of solar power in Indonesia. Yet harnessing solar power requires government action such as improving transparency around power purchase agreements and revising long- term power plans. A new report, jointly produced by BloombergNEF, […] Read more
Solar Supply Chain Glitches To Drag On Climate Change Targets Updated On Tue, Sep 14th, 2021 by Saurenergy In order to meet the 1.5°C 2050 scenario under the Paris Agreement, global solar manufacturing capacity has to quadruple to 1,200-1,400 GW by 2035 to handle the peak installations needed, shows analysis by Rystad Energy. Grid parity, resilient networks and strategic partnerships have spurred growth in such capacity in recent years, to 330 gigawatts in […] Read more
UK to Hold 4th Renewable Auction Backed by $277 M Updated On Tue, Sep 14th, 2021 by Saurenergy The UK government is allocating £200 million ($277 million) to support offshore wind projects in the fourth and biggest-ever round of its flagship renewable energy scheme. The Contracts for Difference (CfD) scheme is the UK government’s primary method of encouraging investment in low-carbon electricity. Launched in 2014, it is open to projects operating in Great Britain. It […] Read more
