Chinese Manufactucturers Flex Muscle In Wind Energy Too With 60% Market Share Updated On Mon, Aug 21st, 2023 by Saurenergy While the world has been familiar with Chinese dominance of the solar sector, it is the wind energy sector where Chinese manufacturers have been making even faster strides. Onshore wind energy is dominated by Chinese firms today, even as Offshore wind, the last ‘frontier’ for western dominance, continues to crumble in the face of the […] Read more
Avg Wholesale Electricity Prices in India in H1 2023 80% Higher than 2019 Levels: IEA Updated On Fri, Aug 18th, 2023 by Saurenergy IEA’s latest report entitled, ‘Electricity Market Report Update; Outlook for 2023 and 2024’ has shed light on the following findings- India has installed significant solar generation capacities in recent years, which helps meet daytime peak demand for cooling. However, evening peaks when the sun does not shine but temperatures remain very high pose a significant […] Read more
Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030 Updated On Mon, Aug 14th, 2023 by Saurenergy The Confederation of Indian Industries (CII) has released a report entitled ‘Raw Materials for Battery & Component Manufacturing’. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well […] Read more
1 TW Renewable Potential in Egypt: A Game-Changer or a Distant Dream? Updated On Fri, Aug 4th, 2023 by Saurenergy Egypt has the potential to produce electricity capacity of 350 gigawatts (GW) from wind energy and 650 GW from solar energy, the Minister of Electricity and Renewable Energy Mohamed Shaker suggested at the fourth edition of the round table on the green hydrogen industry in Egypt, chaired by Egypt’s Prime Minister Mostafa Madbouly. The claim […] Read more
OMC Power Commissions 1 MW Rooftop Solar Installation at KGMU Lucknow Updated On Thu, Aug 3rd, 2023 by Saurenergy Renewable energy firm OMC Power has commissioned a 1 MW rooftop solar installation at the prestigious KGMU (King George’s Medical University) Lucknow. The firm informs that by harnessing solar energy, KGMU is projected to save over 1300 tonnes of CO2 in a calendar year. The MoU between KGMU and OMC Power was signed in February, […] Read more
Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying Updated On Mon, Jul 31st, 2023 by Saurenergy For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […] Read more
ITOCHU Expands Renewable Energy Footprint with $2 Bn Overland Capital Partners Fund Updated On Wed, Jul 26th, 2023 by Saurenergy ITOCHU Corporation, headquartered in Minato-ku, Tokyo, has unveiled its latest venture in the renewable energy sector with the establishment of Overland Capital Partners, L.P., a fund focused on investing in renewable energy generation assets across North America, specifically in the United States and Canada. The fund is set to allocate up to approximately US$2 billion […] Read more
Bharat Benz, Reliance Showcase India’s First Hydrogen Fuel Cell Coach Updated On Sun, Jul 23rd, 2023 by Saurenergy Luxury bus manufacturer Bharat Benz and Reliance Industries recently unveiled India’s first Hydrogen Fuel Cell-driven luxury bus. It was showcased at the recent 14th Clean Energy Ministerial (CEM) at Goa. The recently technology-based automobile solution was developed with the collaboration of the two companies to cater to the needs of inter-city commute. It was […] Read more
