Even Better Together- Five Ways Solar Is Better With Other Green Energy Options Updated On Thu, Jul 4th, 2024 by Saurenergy Solar power is the fastest-growing energy source globally. The Global Market Outlook for Solar Power 2024-2028 report reveals that in 2023, global solar installations surged by 87 per cent compared to the previous year. In 2023, 447 GW of new solar capacity was added, up from 239 GW in 2022, bringing the world’s total solar […] Read more
SECI Plans To Add 500 MW Solar Thermal Capacity By FY25, Says Chairman Updated On Thu, Jul 4th, 2024 by Saurenergy In a recent event organized by the India Energy Storage Alliance (IESA) in Delhi various dignitaries aimed to showcase Indian innovations to the international battery and energy storage community. The event also offered to facilitate partnerships for global companies entering India’s burgeoning battery market. R P Gupta, Chairman and Managing Director of the Solar Energy […] Read more
5 Key Takeaways: Statistical Review of World Energy Report Updated On Fri, Jun 28th, 2024 by Saurenergy As the world grapples with the dual challenges of ongoing climate change and the transition to sustainable energy sources, the Energy Institute’s Statistical Review of World Energy offers valuable insights into global energy trends. The latest edition of the report, now in its 73rd iteration and the second under the Energy Institute, analyzes data from […] Read more
Feon Energy Secures $6.1M Seed Round For Advanced Battery Technology Updated On Thu, Jun 27th, 2024 by Saurenergy Feon Energy, an advanced battery electrolyte startup spun out of Stanford University, announced the recent closing of a $6.1 million seed round that will enable the development of next-gen batteries. The round was led by Fine Structure Ventures, with participation from Eight Roads, Foothill Ventures, MassVentures, EPS Ventures, and Valkyrie Fund. The new funding will […] Read more
Enel Green Commissions 87MW Northern Italy Solar Plant Updated On Thu, Jun 27th, 2024 by Saurenergy Trino, in the province of Vercelli, in the Piedmont region, is now home to the largest operating solar farm in northern Italy. The project, implemented on the site by Enel Green Power, involved the construction of a photovoltaic plant equipped with state-of-the-art storage technology. Trino’s history sets a record in renewable energy and proves that […] Read more
India Energy Storage Week Eyes Rs 2,000cr Investments In EV, Storage Updated On Thu, Jun 27th, 2024 by Saurenergy India Energy Storage Alliance (IESA) is all set to host the 10th edition of India Energy Storage Week (IESW) in New Delhi. In a press conference today, IESA announced the potential investment of over INR 2000 crore coming to India at IESW 2024. In the presence Cristian Valdes Carter, Director & Commercial Counsellor – India, […] Read more
Iron Flow Battery Based ESS Among Winners At Smarter E Storage Awards Updated On Fri, Jun 21st, 2024 by Saurenergy The Smarter E AWARD 2024, announced on June 20, had a very interesting line up of nominees and eventual winners in the storage category. This year’s finalists showcased trends such as artificial intelligence, digital twins, and software-as-a-service solutions, all designed to enhance performance and efficiency in the energy sector. In this piece, we highlight the […] Read more
Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA Updated On Fri, Jun 21st, 2024 by Saurenergy Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […] Read more
Power Demand Pushes Battery Makers Revenue By 10-11%: CRISIL Research Updated On Wed, Jun 19th, 2024 by Saurenergy CRISL Rating’s latest report anticipates the domestic lead-acid battery manufacturers’ revenue to grow 10-11% in fiscal 2025. The report found this to be a close mirroring ~12% which was seen last fiscal year. Moreover, growth is expected to be driven by steady demand in the mainstay automotive segment and tailwind from rising 5G penetration, expansion […] Read more