Sri Lanka’s WindForce Commences Trading on CSE above IPO Price Updated On Mon, Apr 26th, 2021 by Saurenergy On Thursday, Colombo-headquartered independent power producer WindForce Limited, commenced trading on the Main Board of the Colombo Stock Exchange (CSE) above its price of LRK 16/share after raising an initial public offering (IPO) for wind power projects in Sri Lanka and Senegal, amounting to LRK 3.2 Billion- the largest at the CSE since 2011- which attracted […] Read more
Ørsted and Enefit form Partnership to Deliver Large-Scale Offshore Wind in the Baltics Updated On Mon, Apr 26th, 2021 by Saurenergy Ørsted, the global leader in offshore wind, and Enefit, a leading utility and the largest wind energy company in the Baltics, have today signed a memorandum of understanding (MoU) which outlines a vision for becoming the leading offshore wind developer in the Baltic countries. The MoU also sets out a vision to jointly move towards […] Read more
Amazon Announces New Investments in RE in US, Canada, Europe Updated On Thu, Apr 22nd, 2021 by Saurenergy Retail giant Amazon announced this week that it was investing in nine new utility-scale wind and solar energy projects in the US, Canada and Europe, thereby becoming the largest corporate buyer of renewable energy in Europe. The company said that with these 9 new projects, it now has 206 renewable energy projects worldwide that can generate 8.5 […] Read more
SerEnergy Launches 4th Gen Methanol Fuel Cell, SereneU Updated On Thu, Apr 22nd, 2021 by Saurenergy Danish firm SerEnergy, a methanol based fuel cell solutions firm has announced the launch of its 4th generation of fuel cell units, called SereneU. The new generation introduces many advantages, such as longer lifetime, less service and maintenances, and improved total cost of ownership. Methanol-based Fuel Cells: A unique Technology for Sustainable Energy Generation SerEnergy […] Read more
India Renewables Dashboard Launched, To Offer Generation Data On Renewables Updated On Thu, Apr 22nd, 2021 by Saurenergy In a move that needs to be widely welcomed, the Central Electricity Authority (CEA) and CEEW’s Centre for Energy Finance (CEEW-CEF) have launched the India Renewables Dashboard yesterday. The dashboard will provide detailed operational information on renewable energy (RE) projects in India. The move, if executed ell, will be a welcome addition to the quality of data […] Read more
With 25% Renewable Target for 2025, Solar In China Has a Smooth Run Ahead Updated On Tue, Apr 20th, 2021 by Saurenergy China’s national energy regulator NEA has released a consultation paper where it aims to raise the share of wind & Solar power in total power consumption to 11% in 2021 and 16.5% in 2025. Their combined share in 2020 was 9.7%. as we have reported earlier, combined with the long term target to 40 percent […] Read more
Solar O&M Gets Set For The Big League In India Updated On Mon, Apr 19th, 2021 by Saurenergy As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […] Read more
Eastern and Southern Africa’s Vast Renewables Potential Offers Route to Sustainable Growth: IRENA Updated On Fri, Apr 16th, 2021 by Saurenergy Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set to grow at between 3.4 and 5 percent per year to 2040. Meeting that demand is key to bolstering long-term growth in the […] Read more
Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S Updated On Fri, Apr 16th, 2021 by Saurenergy As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […] Read more