India’s EV Market to Grow at 44 percent CAGR Until 2027: IESA Updated On Wed, Dec 23rd, 2020 by Saurenergy In its latest report, IESA has forecasted that India’s EV market is expected to grow at a CAGR of 44 percent between 2020-2027. In its latest report, India Energy Storage Alliance (IESA) has forecasted that in its base case scenario – India’s EV market is expected to grow at a CAGR of 44 percent between […] Read more
An Apple Electric Car? The EV Market Welcomes It Updated On Wed, Dec 23rd, 2020 by Saurenergy An Apple Electric Car, irrespective of the details like price and technology, will add more momentum to the EV market With a global news agency (Reuters in this case) almost confirming Apple’s plans for an electric car, one must realise what this means. For one, there is the usual promise of the car achieving a […] Read more
Perceived Risk of Investment in Indian Solar Market Cited in UNDP HDR Updated On Tue, Dec 22nd, 2020 by Saurenergy The latest edition of the UNDP HDR cited the case of India to explain the disparity in renewable investments around the world The latest edition of the United Nations Development Programme (UNDP) Human Development Report (HDR) cited the case of India to explain the disparity in the investments made in renewable energy amongst lower-middle-income and […] Read more
As Battery Cell Prices Hit $110/KWH, Challenges Remain- Report Updated On Fri, Dec 4th, 2020 by Saurenergy According to Benchmark Mineral Intelligence’s study, Lithium-ion battery cell prices have decreased from $290/kWh in 2014 to $110/kWh in 2020 (large contract automotive), and there is a view in the lithium-ion industry that this trend will continue indefinitely. This in turn will lower the price of electric vehicles and bring cost parity between the internal […] Read more
Vietnam’s Position as Leading Wind Market in Southeast Asia is Under Threat: GWEC Updated On Fri, Dec 4th, 2020 by Saurenergy The Global Wind Energy Council (GWEC) appreciates the recent decision by the Vietnamese government to approve an extension of the Feed-in Tariff (FIT) scheme for wind power in the country. However, the proposed reduction to the FIT risks damaging the growth of Vietnam’s promising wind power sector by slowing down investment, the creation of new […] Read more
Energy Storage Market in the US Breaks Records in Third Quarter: Report Updated On Thu, Dec 3rd, 2020 by Saurenergy A new report has revealed that 476 MW of energy storage capacity were deployed in the US in the third quarter of 2020, setting a new record A new report has revealed that 476 megawatts (MW) of storage were deployed in the US in the third quarter of 2020, an increase of 240 percent over […] Read more
Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms Updated On Tue, Nov 10th, 2020 by Saurenergy Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […] Read more
Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
Average Spot Power Price Drops 3% in September to Rs 2.69/Unit Updated On Tue, Oct 6th, 2020 by Saurenergy The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the IEX, mainly due to ample supply. The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the Indian Energy Exchange (IEX) mainly due to ample supply. The electricity […] Read more
